ALL >> Business >> View Article
Transforming Healthcare With Remote Patient Monitoring: Market Insights And Analysis
According to research report the global Remote Patient Monitoring Market size by Product (Software, Services, Devices, Cardiology, Neurological, BP Monitors, Neonatal, Weight, Temperature, Neuro), End user (Providers, Hospitals, Clinics, Homecare, Patients, Payers) - Global Forecast to 2027", The global remote patient monitoring market is projected to reach USD 175.2 Billion by 2027 from USD 53.6 Billion in 2022, at a CAGR of 26.7% during the forecast period. The rising geriatric population and the growing need to expand healthcare access, cost benefits of telehealth and remote patient monitoring, benefits of RPM to reduce the burden on medical resources, advancements in telecommunications, growing incidences of chronic diseases, and increasing investments in telehealth and RPM are the major factors driving the growth of this market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=77155492
...
... /strong>
Impact Of Covid-19 On The Remote Patient Monitoring Market.
The COVID-19 pandemic has had a devastating global impact on the health of the population and a huge economic impact on most countries. As of 31st December 2021, 290 million cases have been reported worldwide, with 5,419,881 deaths (Worldometer). The COVID-19 pandemic is providing immense opportunities for remote patient monitoring solutions, considering that social distancing is the only existing solution developed so far, which is capable of minimizing exposure. In line with this, remote patient monitoring represents an attractive, effective, and affordable option. Moreover, this technology is of critical importance in keeping healthcare providers safe.
Software and services to dominated the remote patient monitoring market in 2021.
Based on the product, the remote patient monitoring market is segmented into software & services and devices. The software and services segment accounted for the largest share of the global remote patient monitoring market in 2021. The large share of this segment is mainly due to the increasing reimbursement for RPM programs and the rising number of chronic illnesses, thus leading to the growing adoption of RPM services across the globe.
Providers segment accounted for the largest share of the remote patient monitoring market, by end user, in 2021.
Based on end users, the global remote patient monitoring market is broadly segmented into providers, payers, patients, and other end users. The providers segment accounted for the largest share of the global market in 2021. This can be attributed to the increased adoption of remote monitoring in chronically ill and old aged patients, advancements in RPM monitoring devices, and the increasing number of RPM services offered by providers.
North America is the largest regional market for remote patient monitoring in 2021.
In 2021, North America accounted for the largest share of the remote patient monitoring market, followed by Europe. The large share of North America in the RPM market can be attributed to the rising prevalence of chronic conditions, the need to reduce healthcare expenditure, and the increasing overall & geriatric population.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=77155492
Prominent players in the market are Koninklijke Philips N.V. (Netherlands), Medtronic (Ireland), GE Healthcare (US), Cerner Corporation (US), Siemens Healthineers AG (Germany), OMRON Healthcare (Japan), Boston Scientific Corporation (US), Abbott Laboratories (US), Resideo Life Care Solutions (US), Vivify Health, Inc. (US), ALTEN Calsoft Labs (France), Preventice Solutions (US), Bio-Beat Technologies (Israel), VitalConnect (US), Welch Allyn (US), Teladoc Health Inc. (US), Dexcom Inc. (US), iRhythm Technologies, Inc. (US), and VivaLNK Inc. (US).
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
An innovative professional with 6+ years of progressive experience within the Healthcare industry. with the skills to drive business growth, capitalize on new revenue potential, and manage all aspects of daily internet / eCommerce operations.
Add Comment
Business Articles
1. Catering Services In Noida For Every OccasionAuthor: Catering Services in Noida
2. Leading The Way In Business Continuity Management System (bcms) In Uae And Dubai
Author: kohan
3. Manila Rope: A Versatile Solution For Various Industries In The Uae
Author: yasirsheikh1891
4. Exploring Asian Clothes Online: A Guide For Uk Shoppers
Author: Dazzle and Bloom
5. Maximizing Your Email Marketing Roi: A Comprehensive Guide
Author: tim seifert
6. Spray Paint: The Ultimate Solution For Versatile And Efficient Painting
Author: yakubali7842
7. High-quality Thrust Needle Roller Bearings: Essential For Reliable Performance
Author: psbearings
8. Web Design Company In Coimbatore
Author: cp
9. Top Needle Roller Bearing Manufacturer: Quality You Can Rely On
Author: psbearings
10. Discover The Best Rfid Tags For Your Industry Needs At Id Tech Solutions
Author: Shivam Kumar
11. Translation Company In India
Author: Lingosolution
12. Why Perlau Gwyn Dental Care Is The Top Choice For Dentists In Cardiff And Teeth Whitening Services
Author: Rebecca Brown
13. Hybrid Inverters & Their Diverse Applications
Author: blogswalaindia
14. The Role Of Solar Panels In Sustainable Living
Author: blogswalaindia
15. Solar Energy And Battery Storage: What You Need To Know
Author: blogswalaindia