Global Remote Patient Monitoring Market Insights, Size and Growth Forecast To 2027

Published: Nov 2020	Report ID: HLCA2010	Pages: 1 - 180	Formats^*:
Category : Healthcare

The Global Remote Patient Monitoring market is emerging due to the growing old population and emerging medical expenditure.

The Global Remote Patient Monitoring market will grow with USD 2.7 billion at fueling CAGR of 12.7% in the forecast period from 2020-2027. With the emerging population of old adults, rising prevalence of chronic diseases and technology advancement has fueled the market share of remote patient monitoring market.

The integration of automation with the healthcare industry has improved medical device usage. The remote patient monitoring helps in monitoring the patient through telemedicine. The RPM reduces the cost of medical services and saves time for visiting doctors.

Moreover, the remote patient monitoring system automatically collects vital signs data and provides remote medical services, thereby monitoring the patient's gaps between visits and improving the effectiveness of family visits. Also, it allows nurses to monitor and collect patient vital signs data through networked devices, which helps nursing homes provide timely care services.

Furthermore, the remote patient monitoring system has a population health management function, which helps reduce risks and claims, retain patients, and promote active disease management. Thus, the market share of the global remote patient monitoring market will bolster its demand in the future as well.

Type of Device overview in the Global remote patient monitoring Market

Based on the type of device, the global remote patient monitoring market segmented into Heart Monitors, Breath Monitors, Hematology Monitors, Multi-Parameter Monitors. The heart monitors segment has captured the highest market value in the worldwide remote patient monitoring market in the forecast period from 2020-2027. The emerging cases of chronic heart diseases among the geriatric population and the remote patient monitoring market can identify the symptoms of heart attack will fuel the market share of the global remote patient monitoring market.

Application overview in the Global remote patient monitoring Market

Based on the Application, the global remote patient monitoring market classified into Cancer Treatment, Cardiovascular Diseases, Diabetes Treatment, Sleep Disorder, Weight Monitoring & Fitness Monitoring, Other. The cardiovascular disease segment has dominated the market share of the worldwide remote patient monitoring market. The remote patient monitoring device uses to monitor the weight management and other health function of the patient to reduce the chances of cardiac arrest. The RPM monitor the heart rate, blood pressure, and other service and send reports via wireless connections.

End-use overview in the Global remote patient monitoring Market

Based on the End-use, the global remote patient monitoring market attributed to Home Care Settings, Clinics, Hospitals. The home care settings will capture the largest share in the global remote patient monitoring market. The prevalence of the old age population increases the chances of cardiac diseases and other chronic diseases. Therefore, remote patient monitoring devices are used in-home care for monitoring the patient in case of emergency, and it also reduces cost and saves time for visiting doctors.

Region Overview in the Global remote patient monitoring Market

Based on geography, the global remote patient monitoring market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Europe region will be expecting to witness the highest growth during the forecast period from 2020-2027. To reduce the medical expenditure integrates the functions and operations of medical care and improves the medical treatment of the patient are fueling the market demand for the global remote monitoring market in Europe.

Global remote patient monitoring Market: Competitive Landscape

Key players in the global remote patient monitoring market are

Honeywell
American Telecare
Roche
Philips Healthcare
Bosch, Biotronik
Intel
Welch Allyn
Health anywhere Inc.
Johnson & Johnson
Covidien Plc
Other Prominent Players

1. Research Strategic Development

1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation

2. Research Methodology

2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation

3. Executive Summary

4. Market Insights

4.1. Economic Factor Analysis

4.1.1. Drivers
4.1.2. Trends
4.1.3. Opportunities
4.1.4. Challenges

4.2. Competitors & Product Analysis
4.3. Regulatory Framework
4.4. Company market share analysis, 2019
4.5. Porter’s Five forces analysis
4.6. New Investment Analysis
4.7. PESTEL Analysis

5. Global Remote Patient Monitoring Market Overview

5.1. Market Size & Forecast, 2016-2027

5.1.1. Demand
5.1.1.1. By Value (USD Million)

5.2. Market Share & Forecast, 2016-2027

5.2.1. By Type of Device
5.2.1.1. Heart Monitors
5.2.1.2. Breath Monitors
5.2.1.3. Haematology Monitors
5.2.1.4. Multi-Parameter Monitors
5.2.2. By Application
5.2.2.1. Cancer Treatment
5.2.2.2. Cardiovascular Diseases
5.2.2.3. Diabetes Treatment
5.2.2.4. Sleep Disorder
5.2.2.5. Weight Monitoring & Fitness Monitoring
5.2.2.6. Other Application
5.2.3. By End-User
5.2.3.1. Home Care Settings
5.2.3.2. Clinics
5.2.3.3. Hospitals
5.2.4. By Region
5.2.4.1. Europe
5.2.4.2. North America
5.2.4.3. Asia Pacific
5.2.4.4. South America
5.2.4.5. Middle East & Africa

6. Europe Electric Remote Patient Monitoring Market Overview

6.1. Europe Remote Patient Monitoring Market Size & Forecast, 2016-2027

6.1.1. Demand
6.1.1.1. By Value (USD Million)

6.2. Europe Remote Patient Monitoring Market Share & Forecast, 2016-2027

6.2.1. By Type of Device
6.2.1.1. Heart Monitors
6.2.1.2. Breath Monitors
6.2.1.3. Haematology Monitors
6.2.1.4. Multi-Parameter Monitors
6.2.2. By Application
6.2.2.1. Cancer Treatment
6.2.2.2. Cardiovascular Diseases
6.2.2.3. Diabetes Treatment
6.2.2.4. Sleep Disorder
6.2.2.5. Weight Monitoring & Fitness Monitoring
6.2.2.6. Other Application
6.2.3. By End-User
6.2.3.1. Home Care Settings
6.2.3.2. Clinics
6.2.3.3. Hospitals
6.2.4. By Country
6.2.4.1. Germany
6.2.4.2. UK
6.2.4.3. France
6.2.4.4. Italy
6.2.4.5. Rest of Europe
6.2.5. Company Market Share (Top 3-5)
6.2.6. Economic Impact Study on Europe Remote Patient Monitoring Market

7. North America Remote Patient Monitoring Market Overview

7.1. North America Remote Patient Monitoring Market Size & Forecast, 2016-2027

7.1.1. Demand
7.1.1.1. By Value (USD Million)

7.2. North America Remote Patient Monitoring Market Share & Forecast, 2016-2027

7.2.1. By Type of Device
7.2.1.1. Heart Monitors
7.2.1.2. Breath Monitors
7.2.1.3. Haematology Monitors
7.2.1.4. Multi-Parameter Monitors
7.2.2. By Application
7.2.2.1. Cancer Treatment
7.2.2.2. Cardiovascular Diseases
7.2.2.3. Diabetes Treatment
7.2.2.4. Sleep Disorder
7.2.2.5. Weight Monitoring & Fitness Monitoring
7.2.2.6. Other Application
7.2.3. By End-User
7.2.3.1. Home Care Settings
7.2.3.2. Clinics
7.2.3.3. Hospitals
7.2.4. By Country
7.2.4.1. US
7.2.4.2. Canada
7.2.4.3. Mexico
7.2.5. Company Market Share (Top 3-5)
7.2.6. Economic Impact Study on North America Remote Patient Monitoring Market

8. Asia Pacific Remote Patient Monitoring Market Overview

8.1. Asia Pacific Remote Patient Monitoring Market Size & Forecast, 2016-2027

8.1.1. Demand
8.1.1.1. By Value (USD Million)

8.2. Asia Pacific Remote Patient Monitoring Market Share & Forecast, 2016-2027

8.2.1. By Type of Device
8.2.1.1. Heart Monitors
8.2.1.2. Breath Monitors
8.2.1.3. Haematology Monitors
8.2.1.4. Multi-Parameter Monitors
8.2.2. By Application
8.2.2.1. Cancer Treatment
8.2.2.2. Cardiovascular Diseases
8.2.2.3. Diabetes Treatment
8.2.2.4. Sleep Disorder
8.2.2.5. Weight Monitoring & Fitness Monitoring
8.2.2.6. Other Application
8.2.3. By End-User
8.2.3.1. Home Care Settings
8.2.3.2. Clinics
8.2.3.3. Hospitals
8.2.4. By Country
8.2.4.1. China
8.2.4.2. India
8.2.4.3. Japan
8.2.4.4. Australia
8.2.4.5. Rest of Asia Pacific
8.2.5. Company Market Share (Top 3-5)
8.2.6. Economic Impact Study on Asia Pacific Remote Patient Monitoring Market

9. South America Remote Patient Monitoring Market Overview

9.1. South America Remote Patient Monitoring Market Size & Forecast, 2016-2027

9.1.1. Demand
9.1.1.1. By Value (USD Million)

9.2. South America Remote Patient Monitoring Market Share & Forecast, 2016-2027

9.2.1. By Type of Device
9.2.1.1. Heart Monitors
9.2.1.2. Breath Monitors
9.2.1.3. Haematology Monitors
9.2.1.4. Multi-Parameter Monitors
9.2.2. By Application
9.2.2.1. Cancer Treatment
9.2.2.2. Cardiovascular Diseases
9.2.2.3. Diabetes Treatment
9.2.2.4. Sleep Disorder
9.2.2.5. Weight Monitoring & Fitness Monitoring
9.2.2.6. Other Application
9.2.3. By End-User
9.2.3.1. Home Care Settings
9.2.3.2. Clinics
9.2.3.3. Hospitals
9.2.4. By Country
9.2.4.1. Brazil
9.2.4.2. Argentina
9.2.4.3. Rest of South America
9.2.5. Company Market Share (Top 3-5)
9.2.6. Economic Impact Study on South America Remote Patient Monitoring Market

10. Middle East & Africa Remote Patient Monitoring Market Overview

10.1. Middle East & Africa Remote Patient Monitoring Market Size & Forecast, 2016-2027

10.1.1. Demand
10.1.1.1. By Value (USD Million)

10.2. Middle East & Africa Remote Patient Monitoring Market Share & Forecast, 2016-2027

10.2.1. By Type of Device
10.2.1.1. Heart Monitors
10.2.1.2. Breath Monitors
10.2.1.3. Haematology Monitors
10.2.1.4. Multi-Parameter Monitors
10.2.2. By Application
10.2.2.1. Cancer Treatment
10.2.2.2. Cardiovascular Diseases
10.2.2.3. Diabetes Treatment
10.2.2.4. Sleep Disorder
10.2.2.5. Weight Monitoring & Fitness Monitoring
10.2.2.6. Other Application
10.2.3. By End-User
10.2.3.1. Home Care Settings
10.2.3.2. Clinics
10.2.3.3. Hospitals
10.2.4. By Country
10.2.4.1. Saudi Arabia
10.2.4.2. UAE
10.2.4.3. South Africa
10.2.4.4. Rest of Middle East & Africa
10.2.5. Company Market Share (Top 3-5)
10.2.6. Economic Impact Study on Middle East & Africa Remote Patient Monitoring Market

11. Competitor Analysis

11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile

11.7.1.1. Honeywell
11.7.1.2. American Telecare
11.7.1.3. Roche
11.7.1.4. Philips Healthcare
11.7.1.5. Bosch
11.7.1.6. Biotronik
11.7.1.7. Intel
11.7.1.8. Welch Allyn
11.7.1.9. Health anywhere Inc.
11.7.1.10. Johnson & Johnson
11.7.1.11. Covidien Plc
11.7.1.12. Other players

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1