The global remote patient monitoring market is expected to grow at 39.4% CAGR from 2019 to 2028. It is expected to reach above USD 129.4 million by 2028 from USD 24.6 million in 2019.
Exactitude Consultancy, offers 2022 Report for Remote Patient Monitoring Market. The rising geriatric population and the growing need to expand healthcare access, the cost benefits of telehealth and remote patient monitoring (rpm), the benefits of rpm in reducing the burden on medical resources, technological innovations in telecommunications, rising incidences of chronic diseases, and increased investments in telehealth and rpm are the major factors driving the growth of this market. However, regulatory differences between regions, healthcare fraud, and informal social media usage patterns are projected to limit market growth throughout the projection period.
The rise of the population will increase the demand for healthcare and long-term care services, putting a significant strain on governments and healthcare systems. This will benefit the market for remote patient monitoring. Remote patient monitoring has the potential to expand the reach and accessibility of healthcare while minimizing needless visits, hospital admissions and readmissions, and the time and expenses associated with traveling to meet with healthcare experts.
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philips, launched the avalon cl fetal and maternal pod and pa tch for remote monitoring in the us, europe, australia, new zealand, and singapore to support fetal and maternal monitoring
biotelemetry acquired the on.demand remote patient monitoring (rpm) and coaching platform, operated by envolve people care, inc., which is a centene corporation subsidiary.
Some key Remote Patient Monitoring Market players are biotelemetry inc. , koninklijke philips n.v. Medtronic ge , cerner corporation , siemens healthineers ag , omron healthcare , boston scientific corporation , abbott laboratories , resideo life care solutions , vivify health, alten calsoft labs , preventice solutions , bio-beat technologies , vitalconnect , welch allyn , teladoc health inc. , dexcom inc. , irhythm technologies, vivalnk inc, and others.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Remote Patient Monitoring Market Segmentation:
Remote Patient Monitoring Market by Type, 2019-2028, (In USD Million)
- Ceiling Lifts
- Steel And Wheelchair Lifts
- Mobile Lifts
- Sit-To-Stand Lifts, Bath And Pool Lifts
- Medical Beds
- Mobility Devices
- Stretchers And Transport Chairs
Remote Patient Monitoring Market by Application, 2019-2028, (In USD Million)
- Acute & Critical Care
- Long Term Care
- Mobility Assistance
- Fall Prevention
- Others
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The Report’s Table of Contents includes
1. Summary
- Characteristics of the Remote Patient Monitoring Market
- Market trends and strategies for Remote Patient Monitoring
- Impact of COVID-19 on car care products
Five. Market size and growth of Remote Patient Monitoring
…… 27. Competitive Environment and Company Profiles in the Remote Patient Monitoring Market
- Major mergers and acquisitions in the Remote Patient Monitoring Market
- Future Outlook and Potential Analysis of Remote Patient Monitoring Market
30 appendix
This report covers the trends and market dynamics of the Remote Patient Monitoring Market in the key countries of Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and US. The report also includes consumer research and various future opportunities of the Market.
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