Remote Patient Monitoring Market Size is estimated to reach USD 8.5 Billion by 2031, registering a CAGR of 16.3%
Remote patient monitoring market report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics.
PORTLAND, OREGON, UNITED STATES, October 3, 2022 /EINPresswire.com/ -- Remote patient monitoring market1 garnered $1.9 billion in 2021, and is estimated to reach $8.5 billion by 2031, witnessing a CAGR of 16.3% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. Rise in prevalence of lifestyle disorders, increase in usage of remote patient monitoring devices, and convenience & flexibility offered in monitoring drive the growth of the global remote patient monitoring market. However, stringent government rules, concerns related to reimbursement, lack of awareness, and high expenses restrain the market growth. On the other hand, technological advancements and rise in demand for home-based monitoring equipment create new opportunities in the coming years.
𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :
Leading players of the global remote patient monitoring market analyzed in the research include Abott Laboratories, Boston Scientific Inc., Biotronik SE Co. KG, General Electric, Datos Health, Johnson & Johnson, Honey Well International, Medtronic, Koninklijike Philips N.V., and Nihon Kohden.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/1727
𝗖𝗼𝘃𝗶𝗱-𝟭𝟵 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼:
• The Covid-19 pandemic made a positive impact on the remote patient monitoring market as the demand for remote monitoring increased due to social distancing norms, reduced patient visits to hospitals and clinics to avoid cross-contamination, and lack of availability of resources at hospitals.
• The demand for remote monitoring devices and software increased considerably during the pandemic to monitor various conditions and take necessary precautions.
𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/1727
Based on component, the devices segment held the largest share in 2021, accounting for more than three-fourths of the global remote patient monitoring market, and is estimated to maintain its leadership status during the forecast period. Moreover, this segment is estimated to manifest the largest CAGR of 16.6% during the forecast period. The report also analyzes the software segment.
Based on component, the devices segment held the largest share in 2021, accounting for more than three-fourths of the global remote patient monitoring market, and is estimated to maintain its leadership status during the forecast period. Moreover, this segment is estimated to manifest the largest CAGR of 16.6% during the forecast period. The report also analyzes the software segment.
Based on region, North America accounted for the highest share in 2020, contributing to around two-fifths of the total market share, and is projected to continue its dominant share by 2030. However, Asia-Pacific is projected to portray the fastest CAGR of 17.2% during the forecast period.Based on region, North America accounted for the highest share in 2020, contributing to around two-fifths of the total market share, and is projected to continue its dominant share by 2030. However, Asia-Pacific is projected to portray the fastest CAGR of 17.2% during the forecast period.
𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
Vital Signs Monitoring Devices Market2
Africa Large Volume Parenterals (LVP) Market3
𝐀𝐥𝐬𝐨 𝐑𝐞𝐚𝐝 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐁𝐥𝐨𝐠:
Singapore Ulcerative Colitis Market -- https://singaporehealthcarenews.blogspot.com/2022/09/singapore-ulcerative-colitis-market.html
Singapore MRI Systems Market -- https://singaporehealthcarenews.blogspot.com/2022/09/singapore-mri-systems-market-revenue.html
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1 https://www.alliedmarketresearch.com/remote-patient-monitoring-market
2 https://www.alliedmarketresearch.com/vital-signs-monitoring-market
3 https://www.alliedmarketresearch.com/africa-large-volume-parenterals-LVP-market