Remote Patient Monitoring (RPM) Device also known as homecare Telehealth, is a technological device that is used for continuous monitoring heart activity, blood pressure, pulse rate, body temperature, and other patient-related activities. These devices are also useful in inspecting the chronic diseases. The health professionals can examine their patients from remote locations is one of the major breakthroughs in terms of healthcare advancements. To perform a routine test patient can use the mobile medical devices and can easily send the test data to their respective healthcare surgeon with the help of smartphones or computers.
The Global Remote Patient Monitoring Market size was US$703 million in 2019 and is expected to grow at a CAGR of +17.0% to reach US$+2,130 million by 2026.
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Top Key Players:
Abbott Laboratories, Medtronic Plc, Roche Diagnostics, Siemens Healthcare (Siemens AG), Omron Corporation, Nihon Kohden Corporation, Honeywell International, Inc., Lifewatch and Philips Group.
The report firstly introduced the Remote Patient Monitoring Devices Market basics- definitions, classifications, applications, and industry chain overview; industry policies and plans; product specifications; manufacturing processes; cost structures and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, capacity utilization, supply, demand, and industry growth rate, etc. In the end, the report introduced a new project SWOT analysis, investment feasibility analysis, and investment return analysis.
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Reduction in the cost of the hospital stays, overcrowding in the diagnostic centers, an increase in patient care are some of the key drivers of the Remote patient control market. However, the shortage of skilled professionals, lack of Reimbursement guidelines and issues in device function can hamper the growth of the market. The National Telehealth Policy Resource Center says those who spend more time using remote monitoring had higher survival, those who did not use remote monitoring devices; it clearly indicates that increased use of remote patient monitoring devices could improve patient outcomes.
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Table of Content:
Chapter 1. Introduction
Chapter 2. Remote Patient Monitoring Devices Market Snapshot
Chapter 3. Executive Summary of Market
Chapter 4. Qualitative Market Analysis
Chapter 5. Global Remote Patient Monitoring Market Analysis and Forecast, 2018-2026
Chapter 6. Global Remote Patient Monitoring Analysis and Forecast, 2018-2026
Chapter 7. North America Market Analysis and Forecast, 2018-2026
Chapter 8. Europe Remote Patient Monitoring Devices Market Analysis and Forecast, 2018-2026
Chapter 9. Asia Pacific Market Analysis and Forecast, 2018-2026
Chapter 10. The Middle East and Africa Software Market Analysis and Forecast, 2018-2026
Chapter 11. Latin America Market Analysis and Forecast, 2018-2026
Chapter 12. Competitive Benchmarking
Chapter 13. Players Profile
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