Remote Patient Monitoring System Market Growth & Trends
The global remote patient monitoring system market size is expected to reach USD 6.7 billion by 2030, according to a new report by Grand View Research Inc. It is projected to register a CAGR of 20.2% from 2022 to 2030. COVID-19 pandemic has a significant impact on the remote patient monitoring system. The main drivers for this market are the increasing geriatric population, cost-effective treatment, and the rising prevalence of chronic conditions. The breakout of Covid-19 has propelled the demand for remote patient monitoring devices and services as healthcare facilities were burdened with Covid-19 infected patients. Key players like Smiths Medical reported that the demand of their home monitoring devices substantially increased during the pandemic.
The amalgamation of telehealth with remote patient monitoring services is expected to further boost market growth. Asia Pacific is also projected to be a key revenue generator in the coming years. The region is backed by developing countries such as China, South Korea, and Thailand which are witnessing an increase in the number of chronic diseases owing to lifestyle changes. Cardiovascular disease is among the leading cause of death in these countries. The remote patient monitoring system is expected to play a key role in the early detection and timely management of these diseases.
Remote Patient Monitoring System Market Report Highlights
- The cardiac rhythm monitor segment is expected to witness a significant CAGR over the forecast period owing to the increasing incidence of cardiac conditions globally
- The home healthcare segment is projected to witness a CAGR of 22.0% over the forecast period owing to a rise in the number of patients accessing remote monitoring due to the COVID-19 pandemic
- In Asia Pacific, the market is expected to showcase high growth potential due to the presence of large unmet needs in emerging economies such as China and India
- This region is also backed by Japan, which has one of the highest numbers of 65+ year old adults at a global level
- 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
- 2.5 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
- Chapter 4 Market Variables, Trends & Scope
- 4.1 Market Lineage Outlook
- 4.1.1 Parent market outlook
- 4.1.2 Related/ancillary market outlook
- 4.2 Market Segmentation
- 4.3 Business Segment Trends
- 4.3.1 Product segment analysis
- 4.3.2 Application segment analysis
- 4.3.3 End-use segment analysis
- 4.3.4 Regional segment analysis
- 4.4 Product Pipeline
- 4.5 User perspective analysis
- 4.5.1 Consumer Behavior Analysis
- 4.5.2 Market Influencer Analysis
- 4.6 Regulatory Framework
- 4.6.1 Reimbursement framework
- 4.6.2 Standards & Compliances
- 4.7 Market Variable Analysis
- 4.7.1 Market driver analysis
- 4.7.1.1 Increasing geriatric population
- 4.7.1.2 Rising prevalence of chronic conditions
- 4.7.1.2.1 Neurological disorders
- 4.7.1.2.2 Cancer
- 4.7.1.3 Cost-effective treatment
- 4.7.1.4 Rising demand for wireless and portable systems
- 4.7.1.5 Technological advancement
- 4.7.2 Market restraint analysis
- 4.7.2.1 Data security concerns
- 4.7.2.2 Lack of supportive reimbursement coverage
- 4.7.3 Industry Challenges
- 4.7.3.1 Interoperability of data
- 4.7.3.2 Digital literacy
- 4.8 Penetration & Growth Prospect Mapping
- 4.9 Business Environment Analysis tools
- 4.9.1 SWOT Analysis, by PEST
- 4.9.1.1 Political & legal Landscape
- 4.9.1.1.1 Strength
- 4.9.1.1.2 Weakness
- 4.9.1.1.3 Opportunity
- 4.9.1.1.4 Threat
- 4.9.1.2 Economical Landscape
- 4.9.1.2.1 Strength
- 4.9.1.2.2 Weakness
- 4.9.1.2.3 Opportunity
- 4.9.1.2.4 Threat
- 4.9.1.3 Social & Technology Landscape
- 4.9.1.3.1 Strength
- 4.9.1.3.2 Weakness
- 4.9.1.3.3 Opportunity
- 4.9.1.3.4 Threat
- 4.9.2 Porter’s five forces analysis
- 4.9.2.1 Bargaining Power of Supplier
- 4.9.2.2 Bargaining Power of Buyer
- 4.9.2.3 Threat of Substitution
- 4.9.2.4 Threat of new entrant
- 4.9.2.5 Competitive rivalry
- 4.9.3 Major Deals & Strategic Alliances Analysis
- Chapter 5 Product Estimates And Trend Analysis
- 5.1 Definition and Scope
- 5.2 Remote patient monitoring systems market: Product Movement Analysis
- 5.3 Vital Sign Monitors
- 5.3.1 Vital Signs Monitor Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.3.2 Blood pressure monitor
- 5.3.2.1 Blood Pressure Monitor Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.3.3 Pulse oximeter
- 5.3.3.1 Pulse Oximeter Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.3.4 Heart Rate Monitor (ECG)
- 5.3.4.1 Heart Rate Monitor (Ecg) Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.3.5 Temperature monitor
- 5.3.5.1 Temperature Monitor Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.3.6 Respiratory rate monitor
- 5.3.6.1 Respiratory Rate Monitors Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.3.7 Brain monitoring (EEG)
- 5.3.7.1 Brain Monitoring Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.4 Special monitors
- 5.4.1 Special Monitors Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.4.2 Anesthesia monitor
- 5.4.2.1 Anesthesia Monitor Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.4.3 Blood glucose monitor
- 5.4.3.1 Blood Glucose Monitor Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.4.4 Cardiac rhythm monitor
- 5.4.4.1 Cardiac Rhythm Monitor Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.4.5 Respiratory monitor
- 5.4.5.1 Respiratory Monitor Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.4.5.2 Spirometers
- 5.4.5.2.1 Spirometers market Estimates And Forecasts, 2017 - 2030 (USD Million)
- 5.4.5.3 Capnographs
- 5.4.5.3.1 Capnographs market Estimates And Forecasts, 2017 - 2030 (USD Million)
- 5.4.6 Fetal heart monitor
- 5.4.6.1 Fetal Heart Monitor Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.4.7 Prothrombin monitor
- 5.4.7.1 Prothrombin Monitor Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.4.8 Multi Parameter monitor (MPM)
- 5.4.8.1 Multi Parameter Monitor (MPM) Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 5.4.9 Others
- 5.4.9.1 Others Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- Chapter 6 Application Estimates And Trend Analysis
- 6.1 Definition and Scope
- 6.2 Remote patient monitoring systems market: Application Movement Analysis
- 6.3 Cancer
- 6.3.1 Cancer Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 6.4 Cardiovascular Diseases
- 6.4.1 Cardiovascular Diseases Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 6.5 Diabetes
- 6.5.1 Diabetes Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 6.6 Sleep Disorders
- 6.6.1 Sleep Disorders Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 6.7 Weight Management and Fitness Monitoring
- 6.7.1 Weight Management and Fitness Monitoring Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 6.8 Bronchitis
- 6.8.1 Bronchitis Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 6.9 Infections
- 6.9.1 Infections Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 6.9.1.1 Eye Infectionss Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 6.9.1.2 Sinus Infectionss Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 6.9.1.3 Strep Throats Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 6.10 Virus
- 6.10.1 Virus market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 6.11 Dehydration
- 6.11.1 Dehydration Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- 6.12 Hypertension
- 6.12.1 Hypertension Market Estimates And Forecasts, 2017 - 2030 (Usd Million)
- Chapter 7 End-use Estimates And Trend Analysis
- 7.1 Definition and Scope
- 7.2 Remote Patient Monitoring Systems Market: End-use Movement Analysis
- 7.3 Hospital Based Patients
- 7.3.1 Hospital-based patients market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.4 Ambulatory Based Patients
- 7.4.1 Ambulatory based patients market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.5 Home Healthcare
- 7.5.1 Home healthcare market estimates and forecasts, 2017 - 2030 (USD Million)
- Chapter 8 Regional Estimates And Trend Analysis
- 8.1 Regional Market Snapshot
- 8.2 SWOT Analysis, by Factor (Political & Legal, Economic And Technological)
- 8.2.1 North America
- 8.2.2 Europe
- 8.2.3 Asia Pacific
- 8.2.4 Latin America
- 8.2.5 Middle East & Africa
- 8.3 Remote patient monitoring systems Market Share by Region, 2022& 2030
- 8.4 North America
- 8.4.1 North America Remote patient monitoring system market estimates and forecasts, 2017- 2030 (USD Million)
- 8.4.2 U.S.
- 8.4.2.1 U.S. Remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.4.3 Canada
- 8.4.3.1 Canada Remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.5 Europe
- 8.5.1 Europe Remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.5.2 U.K.
- 8.5.2.1 U.K. Remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.5.3 Germany
- 8.5.3.1 Germany Remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.5.4 France
- 8.5.4.1 France Remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.5.5 Italy
- 8.5.5.1 Italy Remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.5.6 Spain
- 8.5.6.1 Spain Remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.6 Asia Pacific
- 8.6.1 Asia Pacific Remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.6.2 Japan
- 8.6.2.1 Japan remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.6.3 China
- 8.6.3.1 China remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.6.4 India
- 8.6.4.1 India remote patient monitoring system market estimates and forecasts, 2017 -2030 (USD Million)
- 8.6.5 Thailand
- 8.6.5.1 thailand remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.6.6 South Korea
- 8.6.6.1 South korea remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.7 Latin America
- 8.7.1 Latin America remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.7.2 Brazil
- 8.7.2.1 Brazil remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.7.3 Mexico
- 8.7.3.1 Mexico remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.7.4 Argentina
- 8.7.4.1 Argentina remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.7.5 Colombia
- 8.7.5.1 Colombia remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.8 Middle East & Africa (MEA)
- 8.8.1 MEA remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.8.2 South Africa
- 8.8.2.1 South Africa remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.8.3 Saudi Arabia
- 8.8.3.1 Saudi Arabia remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.8.4 UAE
- 8.8.4.1 UAE remote patient monitoring system market estimates and forecasts, 2017 - 2030 (USD Million)
- Chapter 9 Competitive Analysis
- 9.1 Company Profiles
- 9.1.1 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- 9.1.1.1 Company Overview
- 9.1.1.2 Financial Performance
- 9.1.1.3 Product Benchmarking
- 9.1.1.4 Strategic Initiatives
- 9.1.2 Nihon Kohden Corporation.
- 9.1.2.1 Company Overview
- 9.1.2.2 Financial Performance
- 9.1.2.3 Product Benchmarking
- 9.1.2.4 Strategic Initiatives
- 9.1.3 Omron Corporation.
- 9.1.3.1 Company Overview
- 9.1.3.2 Financial Performance
- 9.1.3.3 Product Benchmarking
- 9.1.3.4 Strategic Initiatives
- 9.1.4 OSI Systems, Inc.
- 9.1.4.1 Company Overview
- 9.1.4.2 Financial Performance
- 9.1.4.3 Product Benchmarking
- 9.1.4.4 Strategic Initiatives
- 9.1.5 Koninklijke Philips N.V.
- 9.1.5.1 Company Overview
- 9.1.5.2 Financial Performance
- 9.1.5.3 Product Benchmarking
- 9.1.5.4 Strategic Initiatives
- 9.1.6 F. Hoffmann-La Roche Ltd.
- 9.1.6.1 Company Overview
- 9.1.6.2 Financial Performance
- 9.1.6.3 Product Benchmarking
- 9.1.6.4 Strategic Initiatives
- 9.1.7 Welch Allyn.
- 9.1.7.1 Company Overview
- 9.1.7.2 Financial Performance
- 9.1.7.3 Product Benchmarking
- 9.1.7.4 Strategic Initiatives
- 9.1.8 ALTEN Calsoft Labs.
- 9.1.8.1 Company Overview
- 9.1.8.2 Financial Performance
- 9.1.8.3 Product Benchmarking
- 9.1.8.4 Strategic Initiatives
- 9.1.9 Smiths Medical.
- 9.1.9.1 Company overview
- 9.1.9.2 Financial Performance
- 9.1.9.3 Product Benchmarking
- 9.1.9.4 Strategic Initiatives
- 9.1.10 Abbott
- 9.1.10.1 Company Overview
- 9.1.10.2 Financial Performance
- 9.1.10.3 Product Benchmarking
- 9.1.10.4 Strategic Initiatives
- 9.1.11 American TeleCare
- 9.1.11.1 Company Overview
- 9.1.11.2 Financial Performance
- 9.1.11.3 Product Benchmarking
- 9.1.11.4 Strategic Initiatives
- 9.1.12 Boston Scientific Corporation
- 9.1.12.1 Company Overview
- 9.1.12.2 Financial Performance
- 9.1.12.3 Product Benchmarking
- 9.1.12.4 Strategic Initiatives
- 9.1.13 Dräger Medical
- 9.1.13.1 Company Overview
- 9.1.13.2 Financial Performance
- 9.1.13.3 Product Benchmarking
- 9.1.13.4 Strategic Initiatives
- 9.1.14 GE Healthcare
- 9.1.14.1 Company Overview
- 9.1.14.2 Financial Performance
- 9.1.14.3 Product Benchmarking
- 9.1.14.4 Strategic Initiatives
- 9.1.15 Honeywell Life Care Solutions
- 9.1.15.1 Company Overview
- 9.1.15.2 Financial Performance
- 9.1.15.3 Product Benchmarking
- 9.1.15.4 Strategic Initiatives
- 9.1.16 Johnson & Johnson Services, Inc.
- 9.1.16.1 Company Overview
- 9.1.16.2 Financial Performance
- 9.1.16.3 Product Benchmarking
- 9.1.16.4 Strategic Initiatives
- 9.1.17 LifeWatch
- 9.1.17.1 Company Overview
- 9.1.17.2 Financial Performance
- 9.1.17.3 Product Benchmarking
- 9.1.17.4 Strategic Initiatives
- 9.1.18 Masimo
- 9.1.18.1 Company Overview
- 9.1.18.2 Financial Performance
- 9.1.18.3 Product Benchmarking
- 9.1.18.4 Strategic Initiatives
- 9.1.19 Medtronic Plc
- 9.1.19.1 Company Overview
- 9.1.19.2 Financial Performance
- 9.1.19.3 Product Benchmarking
- 9.1.19.4 Strategic Initiatives
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