Global Telemonitoring System Market Growth (Status and Outlook) 2023-2029

Global Telemonitoring System Market Growth (Status and Outlook) 2023-2029

Telemonitoring system is the system to measure vital signs remotely, and to manage escalation strategies based on pre-determined rules applied on the measured data.

LPI (LP Information)' newest research report, the “Telemonitoring System Industry Forecast” looks at past sales and reviews total world Telemonitoring System sales in 2022, providing a comprehensive analysis by region and market sector of projected Telemonitoring System sales for 2023 through 2029. With Telemonitoring System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Telemonitoring System industry.

This Insight Report provides a comprehensive analysis of the global Telemonitoring System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Telemonitoring System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Telemonitoring System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Telemonitoring System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Telemonitoring System.

The global Telemonitoring System market size is projected to grow from US$ 2214.4 million in 2022 to US$ 5232.4 million in 2029; it is expected to grow at a CAGR of 13.1% from 2023 to 2029.

Medtronic accounted for about 12% of the global Telemonitoring System market share. Followed players, Philips Healthcare accounted for about 10%, Boston Scientific Corporation accounted for nearly 9%.

Global giant enterprise mainly distributed in North America and Europe. They have unshakable status in this field. North America takes the market share of nearly 45%, Europe followed by with close to 30%.

According to product, Cardiac & Monitoring Systems is the largest segment, with a share over 40%. And based on application, the largest application is Home Care, followed by Long-term Care Centers, Hospital Cares, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Telemonitoring System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type

COPD Telemonitoring System

Glucose Level Telemonitoring System

Blood Pressure Telemonitoring System

Cardiac & Monitoring Systems

Others

Segmentation by application

Home Care

Long-Term Care

Hospital Cares

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Medtronic

Philips Healthcare

Boston Scientific Corporation

Abbott

GE Healthcare

Nihon Kohden

Abbott

Honeywell

SHL Telemedicine

TeleMedCare

Please note: The report will take approximately 2 business days to prepare and deliver.