• Base Year: 2018
• Estimated Year: 2019
• Forecast Period: 2019 to 2026
Remote patient monitoring (RPM) is a technology to enable monitoring of patients outside of conventional clinical settings which may increase access to care and decrease healthcare delivery costs.
Market Snapshot
This report categorizes the market with various types, applications, companies, and regions. It focuses on the present scenario and the future growth of the global Remote Patient Monitoring market, especially in regions like North America, Asia-Pacific, Europe, South America, Middle East and Africa.
The global Remote Patient Monitoring market is projected to grow from USD xxxx million in 2019 to USD xxxx million by 2026, at a CAGR of xxxx% during this period.
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Competitive Landscape
Aerotel Medical Systems (1988) Ltd.,
Biotronik SE & Co. KG
Boston Scientific Corporation
General Electric Company
Nihon Kohden Corporation
Medtornic Plc
Masimo Corporation
Abbott Laboratories
Johnson and Johnson
A&D Company, Limited
Aipermon GmbH & Co. KG
Jawbone
Docobo Ltd.
Microlife Corporation
Growth Driver
The market growth is mainly attributed to the increasing ageing population, high prevalence of chronic disease, and favorable government support. Furthermore, rapid urbanization, rise in disposable income, growth in awareness about RPM technologies, and increasing governmental funding for healthcare are some of the other crucial factors that stimulating the Remote Patient Monitoring market growth. Besides, increasing adoption of smartphones and laptops and continuous technological advancement are also help the market to gain during the forecast period.
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Regional Overview
North America is the leading market and projected to keep the trend during the future timeframe. This trend is primely owing to the high healthcare expenditure, increasing adoption of EHR, growing demand for reduction in healthcare costs, technological advancements, large proportion of older population, and high prevalence of cardiovascular diseases. In addition, the legislative reform of Patient Protection and Affordable Care Act in the U.S. are also driving the growth of the global remote patient monitoring devices market in North America. The Asia Pacific is the fastest growing region because of the improving healthcare infrastructure, usage of EHR systems, growing healthcare expenditure, and high prevalence of chronic diseases. Moreover, the ECG devices market is growing rapidly, due to the increasing research and development activities, large geriatric population, and growing awareness about remote telemonitoring devices among patients and healthcare providers in the emerging economies of Asia-Pacific, such as India and China.
Type Overview
The type of the Remote Patient Monitoring market can be divided into Devices and Software.
Application Overview
Remote Patient Monitoring is widely used by Hospitals and Clinics, Ambulance, and Homecare.
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Target Audience:
• Remote Patient Monitoring manufacturers
• Raw material suppliers of Remote Patient Monitoring
• Distributors and resellers of Remote Patient Monitoring
• Remote Patient Monitoring industry associations
• Product managers, Remote Patient Monitoring industry administrator, C-level executives of the industries
• Market Research and consulting firms
• Healthcare organizations
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