Remote Patient Monitoring and Care Market Analysis, Technologies, & Forecasts

 

Data Bridge Market Research analyses that the Remote Patient Monitoring and Care market growing at a CAGR of 9.26% during the forecast period. Growing demand for self-monitoring and preventive medicine is expected to open up new market opportunities.

Market Analysis and Size

In recent years, due to the world's rapidly growing population and the prevalence of chronic diseases, there has been a growing need to expand healthcare access infrastructure, as well as the cost benefits of telehealth and remote patient monitoring technology. Chronic diseases account for 90 percent of total healthcare costs in the United States each year, according to the Centers for Disease Control and Prevention (CDC). These costs can be significantly reduced by implementing remote patient monitoring systems, which is expected to propel market growth.

Remote patient monitoring and care employs a variety of technologies to collect medical data from a single location and securely transmit it to healthcare providers. This type of service allows a provider to continue tracking a patient's health care data after they are discharged from the hospital or care facility, lowering mortality rates.

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Global Remote Patient Monitoring and Care Market Scope

The remote patient monitoring and care market is segmented on the basis of devices, applications and end-users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

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Competitive Landscape and Remote Patient Monitoring and Care Market Share Analysis

The remote patient monitoring and care market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to remote patient monitoring and care market.

Some of the major players operating in the remote patient monitoring and care market are Abbott, Aerotel Medical Systems (1998) Ltd., AMD Global Telemedicine, Inc., Baxter., Boston Scientific Corporation, Medtronic, GENERAL ELECTRIC COMPANY, Honeywell International Inc, Omron Healthcare, Inc., Proteus Digital Health, BioTelemetry, Inc., Nihon Kohden Corporation, F. Hoffmann-La Roche Ltd, Koninklijke Philips N.V., AMC Health, Biotronik, among others.


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