Remote Patient Monitoring System Market is Projected to Grow $1.8 Billion With CAGR of Above 13.5% by 2026 | Grand View Research, Inc.

February 11 21:28 2020
Remote Patient Monitoring System Market is Projected to Grow $1.8 Billion With CAGR of Above 13.5% by 2026 | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The global remote patient monitoring system market size was valued at USD 691.5 million in 2018 and is expected to register a CAGR of 13.4% over the forecast period.

The global remote patient monitoring system market is expected to reach USD 1.8 billion by 2026, according to a new report by Grand View Research Inc. It is projected to register a CAGR of 13.5% during the forecast period. Remote patient monitoring system, due to their capability to monitor various chronic conditions such as diabetes, cardiovascular conditions, and cancer, are expected to witness substantial growth in demand. Increasing incidence of cardiovascular diseases, rising geriatric population, and demand for independent and healthy living are the high impact rendering drivers.

Moreover, improving healthcare infrastructure, post-acute care management, and focus of key market players on emerging economies is also expected to fuel the growth of the remote patient monitoring system market. Rapid technological advancements are expected to lead towards the availability of a better option for healthcare practitioners and the patients, thereby promoting the growth.

Remote patient monitoring system encompass a wide array of technologies designed to manage, evaluate, notify, intervene, and modify the treatment plan as required. The remote patient monitoring system are most commonly used to reduce the progression of chronic disorders and to enhance recovery after getting discharged from an acute care unit. These technologies also alert caregivers for prompt intervention through any vulnerable condition.

To Know More About Remote Patient Monitoring System Market, Access Sample Report @ https://www.grandviewresearch.com/industry-analysis/remote-patient-monitoring-devices-market/request/rs1

U.S. Remote patient monitoring system market size, by product, 2015 - 2026 (USD Million)

Further key findings from the report suggest:

  • Heart rate monitors is identified as the most lucrative segment with a significant CAGR over the forecast period owing to increasing incidence of cardiac conditions globally
  • Hospitals accounted for a lucrative market share in 2018. However, alternate sites for patient monitoring such as home healthcare and ambulatory care are anticipated to witness lucrative growth over the forecast period
  • Asia Pacific is expected to showcase high growth potential due to the presence of large unmet needs in emerging economies such as China and India. Supportive government initiatives to curb the deteriorating environmental conditions and enhancing healthcare infrastructure in Japan and Australia are also expected to propel the regional growth
  • Key players operating in the remote patient monitoring market include Philips; Honeywell; American Telecare; Roche; Philips Healthcare; Bosch; Biotronik; Intel; Welch Allyn; Health anywhere Inc.; Johnson & Johnson; and Covidien Plc.

Global remote patient monitoring system market share, by region, 2018 (%)

Browse Details of Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/remote-patient-monitoring-devices-market

Grand View Research has segmented the global remote patient monitoring System market on the basis of product, application, end use, and region:

Remote Patient Monitoring System Product Outlook (Revenue, USD Million, 2015 – 2026)

  • Vital Sign Monitors
    • Blood Pressure Monitors
    • Pulse Oximeters
    • Heart Rate Monitor (ECG)
    • Temperature Monitor
    • Respiratory Rate Monitor
    • Brain Monitoring (EEG)
  • Special Monitors
    • Anesthesia Monitors
    • Blood Glucose Monitors
    • Cardiac Rhythm Monitor
    • Respiratory Monitor
    • Fetal Heart Monitors
    • Prothrombin Monitors
    • Multi Parameter Monitors (MPM)
    • Others

Remote Patient Monitoring System Application Outlook (Revenue, USD Million, 2015 – 2026)

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

Key Topics Covered 

Table of Content

Chapter 1 Methodology and Scope
                 1.1 Segment Market Scope
                 1.2 Regional Scope
                 1.3 Estimates and Forecast Timeline
Chapter 2 Methodology
                 2.1 Research Methodology
                     2.1.1 Information Procurement
                 2.2 Information or Data Analysis
                 2.3 Market Formulation & Validation
                 2.4 Model Details
                     2.4.1 Commodity Flow Analysis (Model 1)
                         2.4.1.1 Approach 1: Commodity Flow Approach
                     2.4.2 Volume Price Analysis (model 2)
                         2.4.2.1 Approach 2: Volume Price Analysis
                 2.5 List of Secondary Sources
                 2.6 List of Primary Sources
                 2.7 List of Abbreviations
                 2.8 Objectives
                     2.8.1 Objective 1:
                     2.8.2 Objective 2:
Chapter 3 Executive Summary
                 3.1 Market Outlook
                 3.2 Segment Outlook
                 3.3 Competitive Insights

…. continue

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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