Remote Patient Monitoring Devices Market to 2027 - Global Analysis & Forecasts by Product, Application, End-user and Geography - ResearchAndMarkets.com

The "Remote
Patient Monitoring Devices Market to 2027 - Global Analysis and
Forecasts By Product, Application End User and Geography"
report has been added to ResearchAndMarkets.com's
offering.

The Global Remote Patient Monitoring market is expected to reach US$
1,544.94 Mn in 2027 from US$ 712.21 Mn in 2018. The market is estimated
to grow with a CAGR of 9.3% from 2019-2027.

The growth of the market is primarily attributed to the factors such as
increasing prevalence of chronic diseases, rising geriatric population
and rising awareness regarding healthcare. However, factors such as
unaddressed regulatory concerns and security and privacy concern about
patient health data are likely to pose a negative impact on the market
growth. On the other hand, growth opportunities in emerging regions is
likely to have a positive impact on the growth of the global remote
Patient Monitoring market in the coming years.

With a rise in cases of chronic illnesses such as diabetes and
hypertension, there has been a rise in awareness regarding one's health.
Also, in recent days, there has been a significant rise in the number of
individuals suffering from heart related disorders. These factors have
led to increase in the importance of maintaining health among the
population in the developed as well as the developing nations.

The demand for various health monitoring devices for maintain track of
health status has increased significantly in the recent years. Also,
there has been a rise in number of specialty clinics and home healthcare
business in countries such as, US, India, Canada.

Asia Pacific is anticipated to offer significant growth opportunity
during the forecast period, due to an increase in the disposable income
as well as the rate of urbanization in the leading economies such as
Japan, China and India.

Chronic diseases, including heart disease, stroke, diabetes, and
obesity, are the leading causes of death in the world and account for
most of the nation's health care costs. According to report of CDC, in
2018, approximately more than 9% of the population has diabetes, which
is the leading cause of kidney failure, lower-limb amputations in US.
Moreover, the data also suggests that 1.5 million Americans are
diagnosed with diabetes every year in the US.

Similar trends for high presence of diabetes are prevalent around other
geographies of the globe that include Asia Pacific, Europe, Middle East
and Africa. For instance, according to IDF Diabetes Atlas published by
the International Diabetes Federation in 2017, south-east Asia is home
to approximately one-fifth (19%) of the total diabetes population
worldwide.

In 2018, the Remote Patient Monitoring with special monitors segment
held a largest market share of 79.46% of the Remote Patient Monitoring
market, byproduct. This segment is also expected to dominate the market
in 2027 owing to the applications and it advantages of the cardiac
rhythm remote patient monitors and respiratory monitors, the market for
the special monitors remote patient monitoring devices are likely to
grow in the coming future.

Global remote patient monitoring devices market, based on the
application was segmented into cardiovascular diseases treatment, cancer
treatment, sleep disorder treatment, diabetes treatment and weight
management & fitness monitoring. In 2018, the cardiovascular diseases
treatment segment held the largest share of the market, by application.

In addition, the segment is also expected to grow at the fastest rate
during the coming years owing to increasing number of the cardiovascular
surgeries, increasing number of patients suffering from diseases such as
cardiovascular disease, cardiac arrest and cardiac hypertension as they
need regular blood pressure monitoring due to frequent fluctuations.

Global remote patient monitoring devices market, based on the end user
was segmented into hospitals & clinics, ambulatory care centers and home
healthcare. In 2018, the hospitals & clines segment held the largest
share of the market, by end user, owing to well-established and presence
of advanced healthcare infrastructure, growing concerns about health and
rising investment in the healthcare sector.

Whereas, the home healthcare segment is expected to grow at the fastest
rate during the coming years owing to growing awareness towards home
healthcare is influencing positively on the growth of this segment in
the near future.

Key Topics Covered

1. Introduction

1.1 Scope of the Study

1.2 Report Guidance

1.3 Market Segmentation

1.3.1 Global Remote Patient Monitoring Devices Market - by Product

1.3.2 Global Remote Patient Monitoring Devices Market - by Application

1.3.3 Global Remote Patient Monitoring Devices Market - by End-User

1.3.4 Global Remote Patient Monitoring Devices Market - by Geography

2. Global Remote Patient Monitoring Devices Market - Key
Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Global Remote Patient Monitoring Devices Market - Market
Landscape

4.1 Overview

4.2 Pest Analysis

4.2.1 North America - Pest Analysis

4.2.2 Europe - Pest Analysis

4.2.3 Asia Pacific - Pest Analysis

4.2.4 Middle East & South Africa - Pest Analysis

4.2.5 South and Central America - Pest Analysis

5. Global Remote Patient Monitoring Devices Market - Key Market
Dynamics

5.1 Key Market Drivers

5.1.1 Rising Prevalence of Chronic Diseases

5.1.2 Increasing Geriatric Population

5.1.3 Rising Awareness Regarding Healthcare

5.2 Key Market Challenges

5.2.1 Unaddressed Regulatory Concerns

5.2.2 Security and Privacy Concerns

5.3 Key Market Opportunities

5.3.1 Rising Demand For Home-Based Treatments

5.3.2 Expansion of Healthcare Facilities In Remote Locations

5.4 Future Trends

5.4.1 Remote Monitoring To Replace Patients' Routine Visits In the Near
Future

5.5 Impact Analysis

6. Remote Patient Monitoring Devices Market - Global Analysis

6.1 Global Remote Patient Monitoring Devices Market Revenue Forecasts
and Analysis

6.2 Global Remote Patient Monitoring Market, by Geography - Forecasts
and Analysis

6.3 Performance of Key Players

6.3.1 Medtronic

6.3.2 Koninklijke Philips N.V.

6.4 Expert Opinions

7. Global Remote Patient Monitoring Devices Market Analysis - By
Product

7.1 Overview

7.2 Global Remote Patient Monitoring Devices Market by Product, 2018 &
2027 (%)

7.3 Vital Sign Monitors Remote Patient Monitoring Devices Market

7.4 Special Monitors Remote Patient Monitoring Devices Market

8. Global Remote Patient Monitoring Devices Market Analysis - By
Application

8.1 Overview

8.2 Global Remote Patient Monitoring Devices Market, by Application 2018
& 2027 (%)

8.3 Cardiovascular Diseases Treatment Market

8.4 Cancer Treatment Market

8.5 Sleep Disorder Treatment Market

8.6 Diabetes Treatment Market

8.7 Weight Management & Fitness Monitoring Market

9. Global Remote Patient Monitoring Devices Market Analysis - By
End User

9.1 Overview

9.2 Global Remote Patient Monitoring Devices Market, by End User 2018 &
2027 (%)

9.3 Hospitals & Clinics Market

9.4 Ambulatory Care Centers Market

9.5 Home Healthcare Market

For more information about this report visit https://www.researchandmarkets.com/r/b46j8w

View source version on businesswire.com: https://www.businesswire.com/news/home/20190416005488/en/