Market Research Report
U.S. Remote Patient Monitoring Market - Industry Outlook & Forecast 2022-2027
|U.S. Remote Patient Monitoring Market - Industry Outlook & Forecast 2022-2027|
Published: April 28, 2022
Arizton Advisory & Intelligence
Content info: 194 Pages
Delivery time: 1-2 business days
Arizton's report considers the present scenario of the U.S. remote patient monitoring market and its market dynamics for 2022-2027. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyses leading companies and several other prominent companies operating in the market.
The US remote patient monitoring market is expected to grow at a CAGR of 12.63%.
MARKET GROWTH ENABLERS
U.S. REMOTE PATIENT MONITORING MARKET SEGMENTATION
The Devices and Software segment accounts for the largest share than that of the Services segment in the U.S. remote patient monitoring market. The increasing adoption of wearable medical devices, technological advancements in IoT, the rise in the adoption of home healthcare systems are expected to boost the adoption of device & software segment in the remote patient monitoring market.
The hospitals and specialty clinics accounted for the largest share in the U.S. remote patient monitoring market and the Homecare setting is anticipated to be the fastest-growing end-user. With the increased demand for hospital beds and the challenge of delivering care with staff shortages, some health care centers prefer remote patient monitoring solutions. Moreover, technological advancements have made it viable to monitor patients remotely while at home or in skilled nursing facilities.
Segmentation by Component
Segmentation by Devices
Segmentation by Application
Segmentation by End-User
Manufacturers and providers are rapidly approaching the RPM technology to limit costs, improve patient outcomes, and cut down on using more expensive services for a share of this growing market.
The major competitors in the industry are focusing their efforts on reducing the size of remote patient monitoring devices. These companies are also attempting to increase their market share by launching new goods and forming collaborations with other industry participants. As a result, these factors are expected to increase the remote patient monitoring market size.
Other Prominent Vendors
LIST OF TABLES