The global Remote Monitoring Market size was USD 42.91 Billion in 2021 and is expected to register a revenue CAGR of 26.7% over the forecast period, according to the latest report by Reports and Data. Market revenue growth is primarily driven by growing need for early detection of disease, which is an essential component of health promotion and disease prevention. In addition, early and timely intervention can help to save lives by identifying health issues when treatment can be most effective and yield the best possible results.

With the digital transmission of health-related data, telemonitoring, also known as Remote Monitoring, aims to improve patient care. This improves patient-physician connections and enables the early detection and management of illness decompensation. Many different instruments are used in Remote Monitoring procedures, including pulse oximeters, blood glucose metres, heart monitors, blood pressure monitors, and scales, among others. These tools are helpful for long-term chronic disease management because they let medical personnel keep track of patient health indicators between clinic visits and alter early treatment regimens as appropriate. Moreover, Remote Monitoring is useful for detecting the negative consequences of therapeutic interventions. Also, most doctors agree that storing patient monitoring data on the cloud allows for system improvement. Moreover, moving data storage to the cloud

Request Free Sample Copy @ https://www.reportsanddata.com/download-free-sample/3234

Some Key Highlights From the Report

• The vital sign monitors segment is expected to register a rapid revenue growth rate during the forecast period owing to increasing need to continuously monitor blood oxygen, heart rate, respiration rate, and blood pressure among others. In addition, usage of vital sign monitors benefits providers by improving their clinical insight on patients’ status, in between office visits and offering them tools to inform proactive care delivery. It also aids patients to improve self-management and care plan adherence.
• The diabetes segment is expected to lead in terms of revenue contribution to the global market over the forecast period. Diabetes is a significant cause of renal disease, heart attacks, strokes, blindness, and lower limb amputation. RPM system provides information about patient's ongoing health and notifies doctor, which reduces risk for diabetic patients to develop a serious condition.
• The home healthcare segment is expected to register a steady revenue growth rate during forecast period owing to growing need to reduce healthcare costs. In addition, rising incidence of chronic diseases among elderly population, who cannot travel to medical facilities is expected to drive revenue growth of this segment. Remote Monitoring enables patients to collect and transmit Patient-Generated Health Data (PGHD) using mobile medical equipment and technology and send them to healthcare professionals.
• The North America market is expected to account for largest revenue share in the global market during the forecast period. Rapid growth rate of the market is attributed to increasing presence of major market players such as General Electric Company, Boston Scientific Corporation, Johnson Johnson Services, Inc., and ICU Medical, Inc., among others. In addition, increased cardio diseases, sedentary lifestyles, and initiation of e-health in rural areas are others factors driving revenue growth of the market. Growing number of patients in countries, such as the U.S. and Canada, has forced hospitals to implement Remote Monitoring solutions to provide better treatment. According to data, 23.4 million U.S patients used Remote Monitoring tools and services in 2020.

Competitive Outlook of the Global Remote Monitoring Market

The globla Remote Monitoring market study focuses on the revenue growth trajectories of the leading companies in this market. This section of the report throws light on the highly competitive landscape of the Remote Monitoring market, pointing out the major players. The report further discusses the strategic initiatives undertaken by each of these market players, including mergers acquisitions, collaborations, joint ventures, new product launches, new business deals, and technological innovations.

Top Companies Profiled in the Report:

Koninklijke Philips N.V., OMRON Healthcare, Inc., Medtronic, General Electric Company, Siemens Healthcare GmbH, Boston Scientific Corporation, F. Hoffmann-La Roche Ltd., Johnson Johnson Services, Inc., ICU Medical, Inc., and Dexcom, Inc.

Remote Monitoring Market Segmentation:

Product Outlook (Revenue, USD Billion; 2019-2030)

• Vital Sign Monitors
  • Pulse Oximeter
  • Temperature Monitor
  • Brain Monitoring (EEG)
  • Blood Pressure Monitor
  • Heart Rate Monitor (ECG)
  • Respiratory Rate Monitor
• Special Monitors
  • Blood Glucose Monitor
  • Respiratory Monitor
  • Anesthesia Monitor
  • Cardiac Rhythm Monitor
  • Fetal Heart Monitor
  • Multi-Parameter Monitor (MPM)
  • Prothrombin Monitor

Application Outlook (Revenue, USD Billion; 2019-2030)

• Cardiovascular Diseases
• Cancer
• Sleep Disorders
• Diabetes
• Weight Management and Fitness Monitoring
• Infections
• Bronchitis
• Dehydration
• Virus
• Hypertension

End-use Outlook (Revenue, USD Billion; 2019-2030)

• Hospital-based Patients
• Home Healthcare
• Ambulatory Patients

Geographic Segment Covered in the Report:

The Remote Monitoring report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.

• North America (USA and Canada)
  
  
• Europe (UK, Germany, France and the rest of Europe)
  
  
• Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
  
  
• Latin America (Brazil, Mexico, and the rest of Latin America)
  
  
• Middle East and Africa (GCC and rest of the Middle East and Africa)

Request customization of the report @ https://www.reportsanddata.com/request-customization-form/3234

Thank you for reading our report. Customization of this report is available according to the requirement of the clients. For further query or information regarding this report, please get in touch with us and team will ensure your doubts are cleared.

Get Explore Latest Research Report by Reports and Data:

Ulcerative Colitis Market @ https://www.reportsanddata.com/report-detail/ulcerative-colitis-market

Refractory Multiple Myeloma Market @ https://www.reportsanddata.com/report-detail/refractory-multiple-myeloma-market

Skull Clamp Device Market @ https://www.reportsanddata.com/report-detail/skull-clamp-device-market

Testicular Cancer Market @ https://www.reportsanddata.com/report-detail/testicular-cancer-market

https://helinet.com/?URL=https://www.reportsanddata.com/

https://www.greaterlincolnshirelep.co.uk/?URL=https://www.reportsanddata.com/

https://apc-overnight.com/?URL=https://www.reportsanddata.com/

https://foosball.com/?URL=https://www.reportsanddata.com/

https://carterdigital.com.au/?URL=https://www.reportsanddata.com/

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, TouchPoints, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provide our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: [email protected]