The global remote patient monitoring market was valued at nearly $5.1 billion in 2024 and is projected to grow at a CAGR of 10.3%, reaching over $10 billion by 2031.
Remote patient monitoring systems allow healthcare providers to track patient health data outside of traditional healthcare settings, improving patient outcomes and reducing hospital readmissions.
The market is segmented into:
Disease Conditions Management
Cardiac Implantable Electronic Devices (CIED)
Market Insights
Unit Sales & Average Selling Prices
Market Size & Growth Trends
Market Drivers & Limiters
Market Forecasts Until 2031
Historical Data (2021-2023)
Competitive Analysis
Recent Mergers & Acquisitions
Company Profiles & Product Portfolios
Market Trends
Key trends driving the market include:
Increasing elderly population requiring continuous health monitoring
Growing prevalence of chronic diseases such as cardiovascular disorders and diabetes
Adoption of cloud-based telehealth platforms
Integration of Wi-Fi, 4G, and 5G connectivity into RPM devices
Market Share Insights
Top Competitors in the Global Remote Patient Monitoring Market (2024):
1 Medtronic
Market leader, primarily due to its partnership with the Veterans Health Administration’s (VHA’s) Care Coordination and Home Telehealth (CCHT) program.
2 Philips Healthcare
Second-largest competitor, offering remote monitoring through its eCareCompanion™ platform, which connects via cellular or Wi-Fi networks to deliver cloud-based telehealth services.
3 Honeywell Life Sciences
Third-largest competitor, offering the Genesis Touch™ v2 RPM device with 3G, 4G, and Wi-Fi connectivity. Honeywell also provides Genesis DM™ for symptom-specific management using voice-enabled DSSM tools.
Global Research Scope
Regions Covered:
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, etc.
Western Europe: U.K., Germany, France, Spain, Italy, etc.
Central & Eastern Europe: Russia, Poland, Turkey, etc.
Middle East: Saudi Arabia, UAE, Israel, etc.
Asia Pacific: China, Japan, India, Australia, etc.
Africa: South Africa, Nigeria, Egypt, etc.
Base Year: 2024
Forecast Period: 2025-2031
Historical Data: 2021-2023
Quantitative Coverage
Market Size
Market Shares
Market Forecasts
Market Growth Rates
Units Sold
Average Selling Prices
Qualitative Coverage
COVID-19 Impact
Market Growth Trends
Market Limiters
Competitive Analysis & SWOT for Top Competitors
Mergers & Acquisitions
Company Profiles
Product Portfolios
FDA Recalls
Disruptive Technologies
Disease Overviews
Data Sources
Primary Interviews with Industry Leaders
Government & Regulatory Data
Hospital Private Data
Import & Export Data
iData Research Internal Database
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