Global Remote Patient Monitoring Market Size study, by Product Type (Software & Services, Devices), by End-Users (Providers, Payers, Patients, Others) and Regional Forecasts 2022-2028

Global Remote Patient Monitoring Market Size study, by Product Type (Software & Services, Devices), by End-Users (Providers, Payers, Patients, Others) and Regional Forecasts 2022-2028

Global Remote Patient Monitoring Market is valued at approximately USD 32.06 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 38.2 % over the forecast period 2022-2028. RPM or remote patient monitoring (RPM) is a system in which healthcare practitioners use equipment to monitor, report, and analyse their patients' acute and chronic diseases when they are not in the hospital or clinic. It allows practitioners to have real-time awareness of a patient's condition, allowing them to make proactive treatment decisions. Increasing geriatric population, cost benefits offered by Remote Patient Monitoring and rising advancements in Remote Patient Monitoring has driven the adoption of Remote Patient Monitoring Market across the projected period. For Instance: Philips launched the Avalon CL Fetal and Maternal Pod and Patch for remote monitoring in the four regions including the United States, Europe, Australia, New Zealand, and Singapore in 2020. Also, incorporation of AI in Remote Patient Monitoring and growing use of Remote Patient Monitoring in epidemics and in the treatment of infectious diseases is most likely to boost the overall growth of the Remote Patient Monitoring Market. However, rising fraud in healthcare, misuse of Social Media, and regional variations in regulations can obstruct the Market's expansion over the projection period of 2022-2028.
The key regions considered for the global Remote Patient Monitoring Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Rising geriatric population and high prevalence of chronic diseases are driving the Market growth in North America. Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. The Market is expected to grow during the projected period, due to rising disposable incomes.
Major Market players included in this report are:

Koninklijke Philips
Medtronic
Omron Healthcare Inc.
Biotelemetry Inc.
GE Healthcare
Cerner Corporation
Siemens Healthineers AG
Boston Scientific Corporation
Abbott Laboratories
Alten Calsoft Labs

The objective of the study is to define Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Market. Additionally, the report shall also incorporate available opportunities in micro Markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the Market are explained below:

By Product Type:
Software & Services
Devices
By End-Users:
Providers
Payers
Patients
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Remote Patient Monitoring Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Koninklijke Philips
Medtronic
Omron Healthcare Inc.
Biotelemetry Inc.
GE Healthcare
Cerner Corporation
Siemens Healthineers AG
Boston Scientific Corporation
Abbott Laboratories
Alten Calsoft Labs

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