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Remote Patient Monitoring Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019to 2026

Press release   •   Sep 16, 2019 15:37 BST

Remote Patient Monitoring Market Introduction

The global remote patient monitoring market is predicted to value over US$ 2 billion by the end of 2026 and record at a CAGR of over 12% during the forecast period of 2019-2026.

Remote patient monitoring (RPM) system also referred as home care telehealth is a type of ambulatory healthcare that allows a patient to use a remote (mobile) medical device to perform a routine test and send the test data to health care professional in real time. Data can be transfer to a physician’s office by using special telehealth computer system by using software application installed on the patient's remote devices (mobile/ PC’s). Remote monitoring techniques allow these patients and their physicians to closely monitor the medical condition and if need be intervene. These systems will be cost-effective, flexible and robust solution supporting a unique remote based computational platform.

Remote Patient Monitoring Market Overview

Rising demand for home healthcare services for better management of patient fuelled the growth of remote patient monitoring market. Remote patient monitoring increases patient compliance and decreases the out of pocket expenditure. Further, increasing the healthcare responsibility on government bodies led to the reformulation of existing healthcare policies to support the smart technologies to contain the burden of healthcare cost. It led to the rapid evolution of the remote patient monitoring market and boosted the growth of the market. Remote patient monitoring provides real-time data and it allows continuous monitoring of patient well being. All these factors led to the burgeoning growth of the remote patient monitoring market. Remote patient monitoring market is expected to witness strong growth throughout the forecast period.

North America remained dominant in global remote patient monitoring market due to high adoption among the general population and end-user segment. It was followed by the European region due to high awareness. Further, changing lifestyle patterns in the Asia Pacific are expected to create opportunistic market space for international players. Latin America and Rest of World remained less significant market space for service providers.

Remote Patient Monitoring market players include Boston Scientific Corporation, Medtronic Plc, Aerotel Medical Systems Ltd., Nihon Kohden Corporation, Biotronik SE & Co. KG, Masimo Corporation, General Electric Company, and others.

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Report Structure

Global Remote Patient Monitoring Market, by Device Type

Cardiac Rhythm Monitoring Devices

Pulse Oximeter

Respiratory Monitoring Devices

Blood Pressure Measuring Devices

Others

Global Remote Patient Monitoring, by End User

Hospitals

Long Term Care Center

Homecare Settings

Global Remote Patient Monitoring, by Region

Europe

North America

APAC

Latin America

Rest of World

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Competitive Landscape:

Tier 1 players- established companies in the market with a major market share

Tier 2 players

Emerging players which are growing rapidly

New Entrants

FutureWise Takeaways

Growth prospects

SWOT analysis

Key trends

Key data-points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on global remote patient monitoring market by device type, end-user and region

To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)

To evaluate and forecast micro-markets and the overall market

To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East

To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

Profiling of companies to evaluate their market shares, strategies, financials and core competencies

Table of Contents

1. Introduction

1.1. Scope and Objective

1.2. Assumptions and Acronyms

1.3. Forecast Factors

1.4. Research Methodology

2. Executive Summary

2.1. Industry Cluster Analysis

2.2. Competition Matrix

2.3. Strategies Recommendations

3. Market Definition

3.1. Report Scope (Inclusions & Exclusions)

3.2. Market Segmentation

4. Global Remote Patient Monitoring Market Overview

4.1. Global Remote Patient Monitoring Market Revenue (USD Mn)

5. Key Inclusions

5.1. Porter’s Five Force analysis

5.2. Market Dynamics

5.3. Industry Trends

5.4. Regulatory Guidelines

5.5. Opportunities in Remote Patient Monitoring

6. Competition Dynamics

6.1. Company Share Analysis (2018)

6.2. Top 10 Product Pricing by Region

7. Global Remote Patient Monitoring Market Revenue (USD Mn), 2018-2026 by Device Type

7.1. Key Market Findings

7.2. Long Term ROI Segments

7.3. Revenue Opportunity Influencing Factors

7.4. Market Revenue (USD Mn) Assessment and Forecast by Device Type, 2018-2026

7.4.1 Cardiac Rhythm Monitoring Devices

7.4.2 Pulse Oximeter

7.4.3 Respiratory Monitoring Devices

7.4.4 Blood Pressure Measuring Devices

7.4.5 Others

8. Global Remote Patient Monitoring Market Revenue (USD Mn), 2018-2026 by End User

8.1. Key Market Findings

8.2. Long Term ROI Segments

8.3. Revenue Opportunity Influencing Factors

8.4. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026

8.4.1 Hospitals

8.4.2 Long Term Care Center

8.4.3 Homecare Settings

9. Global Remote Patient Monitoring Market Revenue (USD Mn), 2018-2026 by Region

9.1. Key Market Findings

9.2. Long Term ROI Segments

9.3. Revenue Opportunity Influencing Factors

9.4. Market Revenue (USD Mn) Assessment and Forecast by Region,2026

9.4.1 North America

9.4.2 Latin America

9.4.3 Europe

9.4.4 Asia Pacific

9.4.5 Rest of world

10. North America Remote Patient Monitoring Market Revenue (US$ Mn), 2018-2026

10.1. Key Market Findings

10.2. Long Term ROI Segments

10.3. Revenue Opportunity Influencing Factors

10.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026

10.4.1 US

10.4.2 Canada

10.5. Market Revenue (USD Mn) Assessment and Forecast by Device Type, 2018-2026

10.5.3 Cardiac Rhythm Monitoring Devices

10.5.4 Pulse Oximeter

10.5.5 Respiratory Monitoring Devices

10.5.6 Blood Pressure Measuring Devices

10.5.7 Others

10.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026

10.6.8 Hospitals

10.6.9 Long Term Care Center

10.6.10 Homecare Settings

11. Latin America Remote Patient Monitoring Market Revenue (US$ Mn), 2018-2026

11.1. Key Market Findings

11.2. Long Term ROI Segments

11.3. Revenue Opportunity Influencing Factors

11.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026

11.4.1 Brazil

11.4.2 Mexico

11.4.3 Argentina

11.4.4 Rest of Latin America

11.5. Market Revenue (USD Mn) Assessment and Forecast by Device Type, 2018-2026

11.5.5 Cardiac Rhythm Monitoring Devices

11.5.6 Pulse Oximeter

11.5.7 Respiratory Monitoring Devices

11.5.8 Blood Pressure Measuring Devices

11.5.9 Others

11.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026

11.6.10 Hospitals

11.6.11 Long Term Care Center

11.6.12 Homecare Settings

12. Europe America Remote Patient Monitoring Market Revenue (US$ Mn), 2018-2026

12.1. Key Market Findings

12.2. Long Term ROI Segments

12.3. Revenue Opportunity Influencing Factors

12.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026

12.4.1 Germany

12.4.2 France

12.4.3 Spain

12.4.4 UK

12.4.5 Russia

12.4.6 Poland

12.4.7 Rest of Europe

12.5. Market Revenue (USD Mn) Assessment and Forecast by Device Type, 2018-2026

12.5.8 Cardiac Rhythm Monitoring Devices

12.5.9 Pulse Oximeter

12.5.10 Respiratory Monitoring Devices

12.5.11 Blood Pressure Measuring Devices

12.5.12 Others

12.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026

12.6.13 Hospitals

12.6.14 Long Term Care Center

12.6.15 Homecare Settings

13. Asia Pacific America Remote Patient Monitoring Market Revenue (US$ Mn), 2018-2026

13.1. Key Market Findings

13.2. Long Term ROI Segments

13.3. Revenue Opportunity Influencing Factors

13.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026

13.4.1 Emerging Asia

13.4.1.1 China

13.4.1.2 India

13.4.1.3 ASEAN-5

13.4.1.4 Rest of Emerging Asia

13.4.2 Japan

13.5. Market Revenue (USD Mn) Assessment and Forecast by Device Type, 2018-2026

13.5.3 Cardiac Rhythm Monitoring Devices

13.5.4 Pulse Oximeter

13.5.5 Respiratory Monitoring Devices

13.5.6 Blood Pressure Measuring Devices

13.5.7 Others

13.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026

13.6.8 Hospitals

13.6.9 Long Term Care Center

13.6.10 Homecare Settings

14. Rest of World America Remote Patient Monitoring Market Revenue (US$ Mn), 2018-2026

14.1. Key Market Findings

14.2. Long Term ROI Segments

14.3. Revenue Opportunity Influencing Factors

14.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026

14.4.1 Middle East

14.4.2 South Africa

14.4.3 North Africa

14.4.4 Rest of World

14.5. Market Revenue (USD Mn) Assessment and Forecast by Device Type, 2018-2026

14.5.5 Cardiac Rhythm Monitoring Devices

14.5.6 Pulse Oximeter

14.5.7 Respiratory Monitoring Devices

14.5.8 Blood Pressure Measuring Devices

14.5.9 Others

14.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026

14.6.10 Hospitals

14.6.11 Long Term Care Center

14.6.12 Homecare Settings

15. Company Profiles

15.1. Competition Landscape

15.2. Global Company Share (USD Mn) Overview, 2018

15.3. Company Profiles

15.3.1 Boston Scientific Corporation

15.3.1.1 Corporate Overview

15.3.1.2 Financial Performance

15.3.1.3 Peer Comparison & 3C marketing equation

15.3.1.4 Company Strategy & Channel Management

15.3.2 Medtronic Plc

15.3.2.1 Corporate Overview

15.3.2.2 Financial Performance

15.3.2.3 Peer Comparison & 3C marketing equation

15.3.2.4 Company Strategy & Channel Management

15.3.3 Aerotel Medical Systems Ltd.

15.3.3.1 Corporate Overview

15.3.3.2 Financial Performance

15.3.3.3 Peer Comparison & 3C marketing equation

15.3.3.4 Company Strategy & Channel Management

15.3.4 Nihon Kohden Corporation

15.3.4.1 Corporate Overview

15.3.4.2 Financial Performance

15.3.4.3 Peer Comparison & 3C marketing equation

15.3.4.4 Company Strategy & Channel Management

15.3.5 Biotronik SE & Co. KG

15.3.5.1 Corporate Overview

15.3.5.2 Financial Performance

15.3.5.3 Peer Comparison & 3C marketing equation

15.3.5.4 Company Strategy & Channel Management

15.3.6 Masimo Corporation

15.3.6.1 Corporate Overview

15.3.6.2 Financial Performance

15.3.6.3 Peer Comparison & 3C marketing equation

15.3.6.4 Company Strategy & Channel Management

15.3.7 General Electric Company

15.3.7.1 Corporate Overview

15.3.7.2 Financial Performance

15.3.7.3 Peer Comparison & 3C marketing equation

15.3.7.4 Company Strategy & Channel Management

15.3.7.5

16. Research Sources & Primary Verbatim

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