Insights on Remote Patient Monitoring Devices Market Revenue To Upswing US$ 93.8 Bn By 2030: Industry Size, Trends, Forecast Report by R&I

The leading analysts and researchers at Reports and Insights compiled and outlined the assessment of the influence of recommendations on market operations and exercises. The research comprises data driven by the market's historical and present circumstances, as well as other elements impacting the market's development process. It comprises the leading-age and up-to-date information on the global Remote Patient Monitoring Devices Market outlook. The evaluation goes into information about revenue forecasts, volume, demand, growth, share, kinds, applications, and sales, among other things. The research analyzes a range of critical restrictions, comprising manufacturing capacity, item pricing, profit and loss figures, and distribution approaches. 

The remote patient monitoring devices market is estimated to reach at a value of US$ 25.1 Bn by the end of 2022 and expected to reach at a value of US$ 93.8 Bn by 2030 with a significant CAGR of 17.9%.

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Remote Patient Monitoring Devices Introduction

Remote patient monitoring (RPM) can be perceived as a healthcare delivery approach that employs technology to keep track of patient health outside of a conventional clinical atmosphere. RPM alludes to the specialized technology employed to electronically transfer information between patients and practitioners, and it is just one delivery system within the comprehensive telemedicine industry. Some of the few examples of remote health monitoring devices comprise uninterrupted glucose monitors that alert diabetes patients to take their insulin, whilst enabling their medical practitioner to check upon the disease, digital blood pressure monitors that allow patients to distantly send physicians their blood oxygen levels and blood pressure.

Remote patient monitoring devices strike digital technology in order to transmit communications between providers and patients. Patients keep a check on themselves to gather data about their condition and overall well-being at different points throughout the day, and then further transfer secure data in messages electronically to their technicians or clinicians. Moreover, RPM systems carry an enormous potential for propagating savings by avoiding more costly and severe health outputs from setting down roots. The growing prevalence of chronic ailments among the population is primarily projected to drive the growth of the global remote patient monitoring devices market in the following years.

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Remote Patient Monitoring Devices Market Segmentation

The global remote patient monitoring devices market is segmented on the basis of product, application, modality, end use, and region.

By Product

  • Vital Sign Monitors
    • Pressure Monitors
      • Hemodynamic Monitors
      • Blood Pressure Monitors
      • Disposables
    • Cardiac Monitoring Devices
      • ECG Devices
      • Implantable Loop Recorders
      • Event Monitors
      • Mobile Cardiac Telemetry Monitors
    • Temperature Monitor
    • Fetal and Neonatal Monitoring Devices
    • Respiratory Rate Monitor
      • Pulse Oximeters
      • Spirometers
      • Capnographs
      • Peak Flow Meters
    • Brain Monitoring (EEG)
  • Specialized Monitors
    • Anesthesia Monitors
    • Blood Glucose Monitors
      • Self-monitoring Blood Glucose Systems
      • Continuous Glucose Monitoring Systems
    • Prothrombin Monitors
    • Multi Parameter Monitors (MPM)
      • Low-acuity Monitoring Devices
      • Mid-acuity Monitoring Devices
      • High-acuity Monitoring Devices
    • Others

By Modality

  • Handheld
  • Benchtop
  • Wearable
  • Invasive

By Application

  • Cancer
  • Cardiovascular Diseases
  • Diabetes
  • Sleep Disorder
  • Weight management and Fitness Monitoring
  • Bronchitis
  • Infections
  • Virus
  • Dehydration
  • Hypertension

By End-use

  • Hospital Based Patients
  • Ambulatory Patients
  • Home Healthcare

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

Remote Patient Monitoring Devices Market Key Players

Some of the key participating players in global Remote Patient Monitoring Devices market are:

  • BioTelemetry Inc.
  • Koninklijke Philips N.V.
  • Medtronic
  • GE Healthcare
  • Cerner Corporation
  • Siemens Healthineers AG
  • OMRON Healthcare
  • Boston Scientific Corporation
  • Abbott Laboratories
  • Resideo Life Care Solutions
  • Vivify Health, Inc.
  • ALTEN Calsoft Labs
  • Preventice Solutions
  • Bio-Beat Technologies
  • VitalConnect
  • Welch Allyn
  • Teladoc Health Inc.
  • Dexcom Inc.
  • iRhythm Technologies, Inc.
  • VivaLNK Inc.

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