Remote Patient Monitoring Devices Market To Exhibit a CAGR of 9.3% and Hit USD 1,544.94 Million by 2027 | Koninklijke Philips N.V.,GE Healthcare,Boston Scientific Corporation & More
The remote patient monitoring devices market accounted to US$ 712.21 Mn in 2018 and is expected to grow at a CAGR of 9.3% during the forecast period 2019 - 2027, to account to US$ 1,544.94 Mn by 2027.
Remote Patient Monitoring Devices Market study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.
An exclusive Remote Patient Monitoring Devices Market research report provides depth analysis of the market dynamics across five regions such as North America, Europe, South America, Asia-Pacific, Middle East and Africa. The segmentation of the market by type, application, and region was done based on the thorough market analysis and validation through extensive primary inputs from industry experts, key opinion leaders of companies, and stakeholders) and secondary research (global/regional associations, trade journals, technical white papers, company’s website, annual report SEC filing, and paid databases). Further, the market has been estimated by utilizing various research methodologies and internal statistical model.
Remote Patient Monitoring Devices Market report also provide a thorough understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, challenges, and opportunities in the Remote Patient Monitoring Devices Market to offer worthwhile insights and current scenario for making right decision. The report covers the prominent players in the market with detailed SWOT analysis, financial overview, and key developments of the products/services from the past three years. Moreover, the report also offers a 360º outlook of the market through the competitive landscape of the global industry player and helps the companies to garner Remote Patient Monitoring Devices Market revenue by understanding the strategic growth approaches.
Leading Remote Patient Monitoring Devices Market Players:
Koninklijke Philips N.V.,GE Healthcare,Boston Scientific Corporation,Omron Healthcare,Medtronic Plc.,Welch Allyn,Resideo Technologies (Honeywell Life Care),Abbott Laboratories,Biotronik SE & Co. KG,Masimo Corporation
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Strategic acquisition and product launches were observed as the most adopted strategy in global remote patient monitoring industry. Few of the recent product launch, product approval and acquisitions are listed below:
2019: NewYork-Presbyterian Hospital and Philips team up for remote patient monitoring. The hospital’s affiliated doctors at Weill Cornell Medicine will utilize the Philips eCareCoordinator and eCareCompanion solutions. Additionally, its affiliated physicians at Columbia University Irving Medical Center anticipate using the tools.
2017: Medtronic Care Management Services and American Well Entered into Partnership to Integrate Telehealth Capabilities. The partnership will enable the proper and accurate telehealth solution which aims to offer the needs of the chronic, complex, co-morbid population of the patient.
2016: Philips acquired Wellcentive, provider of population health management software solutions. The acquisition is aimed at expanding Philip’s population health management business.
REMOTE PATIENT MONITORING – MARKET SEGMENTATION
- Vital Sign Monitors
- Special Monitors
- Cardiovascular Diseases Treatment
- Cancer Treatment
- Sleep Disorder Treatment
- Diabetes Treatment
- Weight Management & Fitness Monitoring
By End user
- Hospitals & Clinics
- Ambulatory Care Centers
- Home Healthcare
Remote Patient Monitoring Devices Market - Global Analysis to 2027 is an exclusive and in-depth study which provides a comprehensive view of the market includes the current trend and future amplitude of the market with respect to the products/services. The report provides an overview of the Remote Patient Monitoring Devices Market with the detailed segmentation by type, application, and region through in-depth traction analysis of the overall virtual reality industry. This report provides qualified research on the market to evaluate the key players by calibrating all the relevant products/services to understand the positioning of the major players in Remote Patient Monitoring Devices Market.
The report is a combination of qualitative and quantitative analysis of the virtual reality industry. The global market majorly considers five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SACM). The report also focuses on the exhaustive PEST analysis and extensive market dynamics during the forecast period.
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Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Remote Patient Monitoring Devices Market.
- Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
- The key findings and recommendations highlight crucial progressive industry trends in the Remote Patient Monitoring Devices Market, thereby allowing players to develop effective long term strategies in order to garner their market revenue.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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