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Remote Patient Monitoring Systems Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024


The “Remote Patient Monitoring Systems Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Remote Patient Monitoring Systems Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Remote Patient Monitoring Systems market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Remote Patient Monitoring Systems Market Are:

  • Abbott Laboratories
  • Aerotel Medical Systems
  • AMD Global Telemedicine
  • Baxter
  • Boston Scientific
  • Covidien
  • GE Healthcare
  • Honeywell
  • Masimo Corporation
  • Medtronic
  • Omron Healthcare
  • Proteus Digital Health

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    Market Overview:

  • The remote patient monitoring market is expected to register a CAGR of 6.2% during the forecast period.
  • Remote patient monitoring (RPM), is a category of ambulatory healthcare that permits a patient to use a mobile medical device to accomplish a routine test and guide the test data to a healthcare expert in real-time.
  • Increase in the chronic disease population, increase in the aging population, and demand for home-based monitoring devices are all the major factors driving the growth of the patient care monitoring market. Operating home-based devices is becoming simple and hence these are being used by all age groups. They are also compact and portable and the patients can wear it all the time without unease. It also ensures that the patient’s condition is monitored all the time. Moreover, the need to maintain the average healthcare expenditure is also one of the major reasons for driving the growth of the market.
  • Despite significant factors driving the wider adoption of remote patient monitoring systems, resistance from the healthcare industry professionals toward the adoption of the patient monitoring system, lack of proper reimbursement policies, and stringent regulatory framework are the challenges faced by the patient monitoring equipment market.

    Scope of the Report:

  • Remote patient monitoring technology comprises day-to-day monitoring devices, such as glucometers for patients with diabetes and heart or blood pressure monitors for patients getting cardiac care. Information can be sent to a physician’s workplace by using telehealth communication links, by using a software application installed on the patient’s internet-capable computer, smartphone, or tablet.

    Remote Patient Monitoring Systems Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Remote Patient Monitoring Systems market?
    • What are the key market trends impacting the growth of the global Remote Patient Monitoring Systems market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Remote Patient Monitoring Systems market?
    • What are the market opportunities and threats faced by the vendors in the global Remote Patient Monitoring Systems market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Remote Patient Monitoring Systems market?

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    Key Market Trends:

    Multi-Parameter Monitors Segment is Expected to Grow at Fastest Rate.

    Multi-parameter monitors are devices that monitor various parameters, such as arterial blood pressure, heart rate, body and skin temperature, oximetry and capnography with a single device. These devices have become popular as they are small, portable, and are user-friendly. The multi-parameter remote monitoring devices are used not only by medical professionals but also by the health-conscious population as sleep and activity monitors fall in these categories. Owing to an increasing focus on a healthy lifestyle and the growing trend of self-monitoring and preventive medicine, the multi-parameter monitor segment is expected to register robust growth rates.

    The United States Leads the Remote Patient Monitoring Market

    North America is leading the remote patient monitoring devices market globally and is also anticipated to dominate the market in the future. There is a growing trend of shifting treatment from hospitals to home in order to reduce hospital bills. The increasing economic burden on hospitals due to a large number of inpatients coupled with penalties imposed under the Hospital Readmissions Reduction Program formed by the Patient Protection and Affordable Care Act is resulting in the increased adoption of remote patient monitoring devices in the United States. Furthermore, patients also prefer home healthcare because of the cost-effectiveness, privacy, and convenience which is also supplementing the market growth.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Remote Patient Monitoring Systems Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Remote Patient Monitoring Systems .

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    Report Objectives:

    • Analyzing the size of the Remote Patient Monitoring Systems market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Remote Patient Monitoring Systems market.
    • Determining the key dynamics of the Remote Patient Monitoring Systems market.
    • Highlighting significant trends of the Remote Patient Monitoring Systems market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Remote Patient Monitoring Systems market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Remote Patient Monitoring Systems market.

    Detailed TOC of Remote Patient Monitoring Systems Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rising Incidences of Chronic Diseases due to Lifestyle Changes
    4.2.2 Rising Geriatric Population
    4.2.3 Growing Demand for Home-based Monitoring Devices
    4.3 Market Restraints
    4.3.1 Resistance from the Healthcare Industry Professionals
    4.3.2 Stringent Regulatory Framework
    4.3.3 Lack of Proper Reimbursement
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5.1 By Type of Device
    5.1.1 Heart Monitors
    5.1.2 Breath Monitors
    5.1.3 Hematology Monitors
    5.1.4 Multi-Parameter Monitors
    5.1.5 Other Types of Devices
    5.2 By Application
    5.2.1 Cancer Treatment
    5.2.2 Cardiovascular Diseases
    5.2.3 Diabetes Treatment
    5.2.4 Sleep Disorder
    5.2.5 Weight Management and Fitness Monitoring
    5.2.6 Other Applications
    5.3 By End User
    5.3.1 Home Care Settings
    5.3.2 Clinics
    5.3.3 Hospitals
    5.4 Geography
    5.4.1 North America US Canada Mexico
    5.4.2 Europe Germany UK France Italy Spain Rest of Europe
    5.4.3 Asia-Pacific China Japan India Australia South Korea Rest of Asia-Pacific
    5.4.4 Middle East & Africa GCC South Africa Rest of Middle East & Africa
    5.4.5 South America Brazil Argentina Rest of South America

    6.1 Company Profiles
    6.1.1 Abbott Laboratories
    6.1.2 Aerotel Medical Systems
    6.1.3 AMD Global Telemedicine
    6.1.4 Baxter
    6.1.5 Boston Scientific
    6.1.6 Covidien
    6.1.7 GE Healthcare
    6.1.8 Honeywell
    6.1.9 Masimo Corporation
    6.1.10 Medtronic
    6.1.11 Omron Healthcare
    6.1.12 Proteus Digital Health



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