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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1206598
PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1206598
Remote Patient Monitoring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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The global remote patient monitoring market size reached US$ 1.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.0 Billion by 2028, exhibiting a growth rate (CAGR) of 15.4% during 2023-2028.
The global remote patient monitoring (RPM) is a subset of telehealth that utilizes digital technologies to collect medical and other forms of data about the patient outside the healthcare setting. This data generally comprises weight, blood pressure, blood sugar, blood oxygen levels, heart rate and electrocardiograms, which are transmitted to healthcare providers using a telehealth computer system and software that can be installed on a computer, smartphone and tablet. RPM aids health professionals in monitoring the condition and improving the quality of care given to patients from anywhere around the world.
One of the leading factors driving the RPM market is the coronavirus disease (COVID-19) pandemic. On account of the highly infectious nature of the virus, healthcare providers across the globe are utilizing RPM services for monitoring patients with mild symptoms of COVID-19 and providing hospital-based care on a timely basis. This will aid in freeing up hospital resources for treating existing and more critical patients. Additionally, the rising prevalence of cardiovascular diseases, in confluence with the growing geriatric population, which is more susceptible to chronic conditions, represents another key factor fueling the RPM market growth. In addition to this, improving healthcare infrastructure and rapid advancements in wireless technologies, along with the increasing penetration of smartphones, are shifting healthcare services from clinic-centric to patient-centric delivery models, such as RPM. This is escalating the demand for RPM systems across the globe. Other than this, several key players are offering RPM that allows real-time video interaction between the patient and the healthcare provider. They are also introducing product innovations, which are projected to drive the market in the upcoming years. For instance, Dexcom, Inc., a US-based medical device company, launched a G6 CGM device, which is a small sensor that measures glucose levels and sends the data wirelessly to a display device through a transmitter.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global remote patient monitoring market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on device type, application and end-use.
Breakup by Device Type:
- Blood Pressure Monitor
- Glucose Monitor
- Heart Rate Monitor
- Pulse Oximeters
- Respiratory Monitor
- Others
Breakup by Application:
- Cancer Treatment
- Cardiovascular Diseases Treatment and Monitoring
- Diabetes Treatment
- Sleep Disorder Treatment
- Weight Management and Fitness Monitoring
- Others
Breakup by End-Use:
- Hospitals and Clinics
- Homecare Settings
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The report has also analysed the competitive landscape of the market with some of the key players being Abbott Laboratories, AMD Global Telemedicine Inc., BIOTRONIK SE & Co. KG, Boston Scientific Corporation, Dexcom, Inc., GE Healthcare Inc. (Danaher Corporation), Honeywell International Inc., Koninklijke Philips N.V., Medtronic Inc., Nihon Kohden Corporation, OSI Systems Inc., Roche Holding AG, etc.
Key Questions Answered in This Report:
- 1. What was the size of the global remote patient monitoring market in 2022?
- 2. What is the expected growth rate of the global remote patient monitoring market during 2023-2028?
- 3. What are the key factors driving the global remote patient monitoring market?
- 4. What has been the impact of COVID-19 on the global remote patient monitoring market?
- 5. What is the breakup of the global remote patient monitoring market based on the device type?
- 6. What is the breakup of the global remote patient monitoring market based on the application?
- 7. What is the breakup of the global remote patient monitoring market based on the end-use?
- 8. What are the key regions in the global remote patient monitoring market?
- 9. Who are the key players/companies in the global remote patient monitoring market?
Product Code: SR1323A70_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Remote Patient Monitoring Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Device Type
- 6.1 Blood Pressure Monitor
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Glucose Monitor
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Heart Rate Monitor
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Pulse Oximeters
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Respiratory Monitor
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Application
- 7.1 Cancer Treatment
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Cardiovascular Diseases Treatment and Monitoring
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Diabetes Treatment
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Sleep Disorder Treatment
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Weight Management and Fitness Monitoring
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Others
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by End-Use
- 8.1 Hospitals and Clinics
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Homecare Settings
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Others
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Indicators
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Abbott Laboratories
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 AMD Global Telemedicine Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 BIOTRONIK SE & Co. KG
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Boston Scientific Corporation
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Dexcom Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 GE Healthcare Inc. (Danaher Corporation)
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Honeywell International Inc.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Koninklijke Philips N.V.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Medtronic Inc.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Nihon Kohden Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 OSI Systems Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Roche Holding AG
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.1 Abbott Laboratories
Product Code: SR1323A70_Report
List of Figures
- Figure 1: Global: Remote Patient Monitoring Market: Major Drivers and Challenges
- Figure 2: Global: Remote Patient Monitoring Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Remote Patient Monitoring Market: Breakup by Device Type (in %), 2022
- Figure 4: Global: Remote Patient Monitoring Market: Breakup by Application (in %), 2022
- Figure 5: Global: Remote Patient Monitoring Market: Breakup by End-Use (in %), 2022
- Figure 6: Global: Remote Patient Monitoring Market: Breakup by Region (in %), 2022
- Figure 7: Global: Remote Patient Monitoring Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 8: Global: Remote Patient Monitoring (Blood Pressure Monitor) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Remote Patient Monitoring (Blood Pressure Monitor) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Remote Patient Monitoring (Glucose Monitor) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Remote Patient Monitoring (Glucose Monitor) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Remote Patient Monitoring (Heart Rate Monitor) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Remote Patient Monitoring (Heart Rate Monitor) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Remote Patient Monitoring (Pulse Oximeters) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Remote Patient Monitoring (Pulse Oximeters) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Remote Patient Monitoring (Respiratory Monitor) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Remote Patient Monitoring (Respiratory Monitor) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Remote Patient Monitoring (Other Device Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Remote Patient Monitoring (Other Device Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Remote Patient Monitoring (Cancer Treatment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Remote Patient Monitoring (Cancer Treatment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Remote Patient Monitoring (Cardiovascular Diseases Treatment and Monitoring) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Remote Patient Monitoring (Cardiovascular Diseases Treatment and Monitoring) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Remote Patient Monitoring (Diabetes Treatment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Remote Patient Monitoring (Diabetes Treatment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Remote Patient Monitoring (Sleep Disorder Treatment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Remote Patient Monitoring (Sleep Disorder Treatment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Remote Patient Monitoring (Weight Management and Fitness Monitoring) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Remote Patient Monitoring (Weight Management and Fitness Monitoring) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Remote Patient Monitoring (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Remote Patient Monitoring (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Remote Patient Monitoring (Hospitals and Clinics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Remote Patient Monitoring (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Remote Patient Monitoring (Homecare Settings) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Remote Patient Monitoring (Homecare Settings) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Remote Patient Monitoring (Others) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Remote Patient Monitoring (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: North America: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: North America: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: United States: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: United States: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Canada: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Canada: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Asia Pacific: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Asia Pacific: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: China: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: China: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Japan: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Japan: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: India: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: India: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: South Korea: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: South Korea: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Australia: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Australia: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Indonesia: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Indonesia: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Others: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Others: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Europe: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Europe: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Germany: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Germany: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: France: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: France: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: United Kingdom: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: United Kingdom: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Italy: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Italy: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Spain: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Spain: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Russia: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Russia: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Others: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Others: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Latin America: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Latin America: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Brazil: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Brazil: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Mexico: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Mexico: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Others: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Others: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Middle East and Africa: Remote Patient Monitoring Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Middle East and Africa: Remote Patient Monitoring Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 86: Global: Remote Patient Monitoring Industry: SWOT Analysis
- Figure 87: Global: Remote Patient Monitoring Industry: Value Chain Analysis
- Figure 88: Global: Remote Patient Monitoring Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Remote Patient Monitoring Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Remote Patient Monitoring Market Forecast: Breakup by Device Type (in Million US$), 2023-2028
- Table 3: Global: Remote Patient Monitoring Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Remote Patient Monitoring Market Forecast: Breakup by End-Use (in Million US$), 2023-2028
- Table 5: Global: Remote Patient Monitoring Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Remote Patient Monitoring Market Structure
- Table 7: Global: Remote Patient Monitoring Market: Key Players
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