Remote Patient Monitoring Market Demand Latest Trends Revenue Share Analysis Report 2022-2029 | DataM Intelligence

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In Asia Pacific, remote patient monitoring is predicted to observe the fastest CAGR over the forecast period owing to the emergence of untapped opportunities in the developing markets of India and China. .

Remote Patient Monitoring Market Overview:

According to research report published by DataM Intelligence, the global remote patient monitoring market size is expected to reach USD billion by the end of 2029, growing at a CAGR of 20% during the period. forecast 2022-2029.

Remote patient monitoring is the equipment used to collect medical and health-related information from people at one location and communicate it electronically to a healthcare provider at another location.

The outbreak of COVID-19 has had a significant effect on the remote patient monitoring system. Remote monitoring systems help in better organization of chronic diseases including early warning signs and development follow-ups, thus increasing its demand in coming years globally

The report covers the analysis of remote patient monitoring size, share, trends, demand, growth, value, volume, company profiles, market segmentation, revenue strategies, developments recent, mergers and acquisitions, new product launches and other major news covered. in the full report.

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Market segmentation :

Market segmented on the basis of product, application and end user.

By product type:

  • Services & Software
  • Devices

Per application:

Per end user:

  • Payers
  • Suppliers
  • The patients

According to the research study, the global market is geographically categorized into five major regions in countries, such as North America, United States, and Canada. Latin America to Mexico, Argentina. Europe to UK, Germany, Italy, Spain, London, Russia. Asia-Pacific in India, China, Japan, Australia, Singapore, Malaysia and Australia. The Middle East and Africa to the United Arab Emirates, Saudi Arabia and South Africa.

Global market players such as Nihon Kohden, Boston Scientific Corporation, Medtronic Inc., Omron Healthcare, and Johnson & Johnson have accepted the collaboration as a growth plan in the remote patient monitoring market. For example, Medtronic cooperated with Qualcomm in May 2016 to advance the health consequences for diabetic patients.

The Russian remote patient monitoring market is expected to produce a high CAGR of 19% during the forecast period. Major issues such as lack of awareness and concerns over price control are restraining the growth of the remote patient monitoring market in this European region. However, the appearance of unused markets would increase the growth of the remote patient monitoring market.

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Regional Overview of Remote Patient Monitoring Market:

North America controlled the remote patient monitoring systems market and accounted for the major revenue share of 40% in 2021.

In Asia Pacific, remote patient monitoring is predicted to observe the fastest CAGR over the forecast period owing to the emergence of untapped opportunities in the developing markets of India and China. .

Main actors :

Some of the major companies featured in the global market are; Koninklijke Philips NV, Medtronic, GE Healthcare, Abbott Laboratories, BioTelemetry Inc., Siemens Healthineers AG, Boston Scientific Corporation, OMRON Healthcare, Teladoc Health Inc., Welch Allyn, Wellue Health, Transtekmentre others.

The full report contains the information below.

  1. The report offers a comprehensive valuation of the market in terms of market value (USD) and annual growth rate (%). It does this by using in-depth qualitative insights, historical data (2020-2021) and verifiable projections of the market size over the forecast period (2022-2029).
  2. Visualize the composition of the Remote Patient Monitoring market segmentation by product type, application, end-user, and region, highlighting major business assets and players.
  3. Identify business opportunities in the market by analyzing trends and co-development agreements.
  4. The report also covers data insights on various industry forces such as carrier’s five forces, regulations in each country, reimbursement scenario, technological advancements, PEST analysis, and price analysis.
  5. Excel data sheet with thousands of market level 4/5 segmentation data points.
  6. PDF report with the most relevant analysis convincingly assembled after exhaustive qualitative interviews and in-depth market research.
  7. Product mapping in Excel for key product of all major market players
  8. The report will provide access to approximately 50+ market data tables, over 40 figures and almost 180 pages.

Additional benefits after purchase:

  1. Unlimited Analyst Support for a period of 1 year.
  2. Any questions regarding the scope offered will be answered within 24-48 hours.
  3. An Excel sheet with market numbers will be provided separately

Related reports:

Patient Monitoring Accessories Market

Multiparameter Patient Monitoring Devices Market

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