Remote Patient Monitoring Devices Market, by Product Type, by Application, by End User, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022

Description

Remote patient monitoring devices supports patient monitoring of vital signs (heart rate, blood pressure and others) without visiting medical practitioner. This devices are used to monitor patients, gathers medical data, and securely pass the data to the healthcare providers at other location for clinical review. The remote patient monitoring devices helps to control patient healthcare expenditure by reducing hospital stays, encourages patients to shift to self-care and avoid hospital readmissions with reliable diagnosis.

These remote patient monitoring devices allow real-time sharing that allows physicians to take vital decisions to ensure efficient treatment for various physiological parameters. These devices also increase patient engagement and allow patients to manage and understand their own health conditions

.Market Dynamics

Increasing adoption of patient monitoring devices has led to increasing number of product innovations and launches of patient monitoring devices, which is expected to drive the global remote patient monitoring devices market growth over the forecast period. For instance, in March 2019, VivaLNK, a provider of connected healthcare solutions launched its internet on things enabled medical wearable sensor platform (VivaLNK sensor platform). The platform has a range of sensors, edge computing technologies, and an Internet of Health Things (IoHT) data cloud. This platform captures human body information through biometrics, and delivers data of patient to computing devices and cloud software.

Key players are focused on adopting inorganic growth strategies such as mergers and acquisitions to expand their products offerings and strengthen their market position. For instance, in September 2019, Baxter International Inc., a medical products company, entered into an agreement to acquire Cheetah Medical, a provider of non-invasive hemodynamic monitoring technologies to expand Baxter International Inc.'s specialized patient monitoring portfolio. This is expected to drive the global remote patient monitoring devices market growth.

Increasing prevalence of chronic diseases is expected to propel the global remote patient monitoring devices market growth. For instance, according to the International Diabetes Federation (IDF) in 2021, approximately 573 million people aged (20-79 years) suffered from diabetes globally, of which 6.7 million people were reported to die due to diabetes. Moreover, according to the World Health Organization (WHO) August 2021, about 1. 28 billion people suffer from hypertension globally. Increasing prevalence of such health conditions is expected to boost the global remote patient monitoring devices market growth over the forecast period.

Key features of the study:

This report provides an in-depth analysis of the global remote patient monitoring devices market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2030), considering 2021, as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global remote patient monitoring devices market based on following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include, Abbott Laboratories, GE Healthcare, Omron Healthcare, Medtronic PLC., Nihon Kohden, Smiths Medical, Philips Healthcare, F. Hoffmann-La Roche Ltd., Koninklijke Philips N.V., Siemens Healthcare GmbH and Cerena Corporation.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global remote patient monitoring devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global remote patient monitoring devices market

Detailed Segmentation:

Global Remote Patient Monitoring Device Market, By Product Type:
- Cardiac Monitors
- Respiratory Monitors
- Hematological Monitors
- Others
Global Remote Patient Monitoring Device Market, By Application:
- Cardiac Arrhythmia
- Diabetes
- Ischemic Diseases
- Hypertension
- Sleep Apnea
- Chronic Respiratory Diseases
- Hyperlipidemia
Global Remote Patient Monitoring Device Market, By End User:
- Hospitals
- Home Care Settings
- Long-term Care Centers
- Others
Global Remote Patient Monitoring Market, By Region:
- North America
  - By country
- U.S.
- Canada
- Europe
  - By Country
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- Asia Pacific
  - By Country
- Australia
- India
- China
- Japan
- ASEAN
- South Korea
- Rest of Asia Pacific
- Latin America
  - By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
  - By Country
- GCC
- Israel
- Rest of Middle East
- Africa
  - By Country
- South Africa
- Central Africa
- North Africa
Company Profiles
- Abbott Laboratories.*
  - Company Highlights
  - Product Portfolio
  - Financial Performance
  - Recent Highlights
  - Market Strategies
- GE Healthcare
- Omron Healthcare
- Medtronic PLC.
- Nihon Kohden
- Smiths Medical
- Philips Healthcare
- Hoffmann-La Roche Ltd.
- Koninklijke Philips N.V.
- Siemens Healthcare GmbH
- Cerena Corporation

"*" marked represents similar segmentation in other categories in the respective section.

Product Code: CMI215

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
Market Definition and Scope
Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Application
- Market Snapshot, By End Users
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Industry Trend
New Product Approvals/Launch
Merger and Acquisitions
Technological Advancement
Epidemiology/Prevalence/Incidence
Promotion and Marketing Initiatives
PEST Analysis

4. Global Remote Patient Monitoring Devices Market- Impact of Coronavirus (Covid-19) Pandemic

Overall Impact
COVID-19 Impact on the market

5. Global Remote Patient Monitoring Devices Market, By Product Type, 2017 - 2030, (US$ Million)

Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Cardiac Monitors
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Respiratory Monitors
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Hematological Monitors
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)

6. Global Remote Patient Monitoring Devices Market, By Application, 2017 - 2030, (US$ Million)

Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Cardiac Arrhythmia
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Diabetes
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Ischemic Disease
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Hypertension
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Sleep Apnea
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Chronic Respiratory Disease
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Hyperlipidemia
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)

7. Global Remote Patient Monitoring Devices Market, By End User,2017 - 2030, (US$ Million)

Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017- 2030
- Segment Trends
Hospitals
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Homecare Settings
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Long-term Care Centers
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)

8. Global Remote Patient Monitoring Devices Market, By Region, 2017 - 2030, (US$ Million)

Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2017-2030
- Regional Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By End user, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Million )
U.S.
Canada
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By End user, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Million )
Brazil
Mexico
Argentina
Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By End user, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Million )
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By End user, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Million )
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By End user, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Million )
GCC
Israel
Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By End user, 2017 - 2030, (US$ Million )
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2017 - 2030, (US$ Million )
North Africa
Central Africa
South Africa

9. Competitive Landscape

Heat Map Analysis
Company Profile
- Abbott Laboratories
Company Highlights
Product Portfolio
Financial Performance
Recent Highlights
Market Strategies
- GE Healthcare
Company Highlights
Product Portfolio
Financial Performance
Recent Highlights
Market Strategies
- Omron Healthcare
Company Highlights
Product Portfolio
Financial Performance
Recent Highlights
Market Strategies
- Medtronic PLC.
Company Highlights
Product Portfolio
Financial Performance
Recent Highlights
Market Strategies
- Nihon Kohden
Company Highlights
Product Portfolio
Financial Performance
Recent Highlights
Market Strategies
- Smith's Medical
Company Highlights
Product Portfolio
Financial Performance
Recent Highlights
Market Strategies
- Philips Healthcare
Company Highlights
Product Portfolio
Financial Performance
Recent Highlights
Market Strategies
- Hoffmann-La Roche Ltd.
Company Highlights
Product Portfolio
Financial Performance
Recent Highlights
Market Strategies
- Koninklijke Philips N.V.
Company Highlights
Product Portfolio
Financial Performance
Recent Highlights
Market Strategies
- Siemens Healthcare GmbH
Company Highlights
Product Portfolio
Financial Performance
Recent Highlights
Market Strategies
- Cerena Corporation.
Company Highlights
Product Portfolio
Financial Performance
Recent Highlights
Market Strategies
Analyst Views

10. Section

References
Research Methodology
About Us

Remote Patient Monitoring Devices Market, by Product Type, by Application, by End User, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030