Global Remote Patient Monitoring Market Analysis and Forecast, 2022-2028
The global remote patient monitoring market is expected to grow at a CAGR of around 22% over the forecast period of 2022-2028.
Market Scope & Overview
The global remote patient monitoring market study comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the global market for the historical period of 2019-2021 and the forecast period of 2022-2028 based on the product installed base, key forecasting factors impacting the market conditions, and major market developments happening in the market throughout the analysis period. practices primary and secondary research for conducting an insightful market study. Various market parameters such as macroeconomic conditions, market environment, government policies, and competitive landscape are thoroughly studied and taken into account while analyzing the market.
The global remote patient monitoring market report also covers value chain and supply chain analysis that provides in-depth information about the value addition at each stage of the product. Market dynamics incorporated in the market study include drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period.
The global remote patient monitoring market includes a market share analysis and market structure overview with detailed company profiling of leading players with their financials, product offerings, major developments, etc. This enables, clients and report buyers to make strong, precise, and timely decisions.
State of Global Economy, COVID-19 Outbreak, and the Russo-Ukraine War Impact
The global economy experienced heavy headwinds, throughout 2019-2021, as some countries witnessed subdue growth, while other countries continued to grapple with economic slowdowns. Also, intensifying tension between the US and Iran along with the tightening sanctions on Venezuela by the US further hampered global economic growth in 2019. Moreover, the heightened trade war between the US and China and the rising trade uncertainty continued to exert adverse effects on the global economy. Amid all these, the COVID-19 outbreak at the end of the year 2019 in Wuhan, China further deteriorated global economic growth.
The COVID-19 pandemic has levied undue pressure across the majority of industries globally and has caused a major economic crisis in the US, India, Italy, the UK, Germany, India, Japan, South Korea, the UK, and many others. Many of these countries had announced partial or complete nationwide lockdowns. The governments of several nations have called on people to shelter in place at home, travel restrictions, shut down local businesses, and prohibited social gatherings.
The rapid spread of the virus in the early month of 2020 followed by a second wave of COVID-19 caused a significant change in management strategies of the leading industries which have affected the market or industry at a significant level. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine war in 2022 exacerbated the ever-heightened global uncertainty.
Key Market Segmentation and Companies
has segmented the global remote patient monitoring market based on component, end user, and region.
• By Component
• Cardiac Monitoring Device
• Neurological Monitoring Device
• Respiratory Monitoring Device
• Multiparameter Monitoring Device
• Blood Glucose Monitoring Device
• Fetal & Neonatal Monitoring Device
• Weight Monitoring Device
• Other Monitoring Device
• By End User
o Hospitals and Clinics
o Home Care and Long-Term Centers
o Ambulatory Care Centers
o Others (Passive Exoskeletons, etc.)
• By Region
o North America
o Latin America
• Rest of Latin America
o Western Europe
• Rest of Western Europe
o Eastern Europe
• Rest of Eastern Europe
o Asia Pacific
• South Korea
• ASEAN (Indonesia, Vietnam, Malaysia, etc.)
• Rest of Asia Pacific
o Middle East & Africa
• South Africa
• Rest of the Middle East & Africa
• Leading Companies and Market Players
o Koninklijke Philips N.V
o GE Healthcare
o Cerner Corp.
o Siemens Healthineers AG
o OMRON Healthcare
o Boston Scientific Corp.
o Abbott Laboratories
o Resideo Life Care Solutions
o ALTEN Calsoft Labs
o Bio-Beat Technologies
Global Remote Patient Monitoring Market Analysis and Forecast 2019-2028 Table of Contents 1. Market Introduction 1.1. Scope of Study 1.2. Problem Statement 1.3. Market Segmentation 2. Assumptions and Acronyms 3. Executive Summary 3.1. Global Market in 2022 3.2. Analyst Insights & Recommendations 3.3. Growth Opportunities and Key Strategies 3.4. Supply-side and Demand-side Trends 4. Research Methodology 5. Analysis of COVID-19 Impact and Road Ahead 6. Market Indicators and Background 6.1. Macro-Economic Factors 6.2. Forecasting Factors Robust assessment of various factors including industrial performance, industry players' expenditures, and economic conditions, among others 6.3. Supply Chain & Value Chain Analysis 6.4. Industry SWOT Analysis 6.5. PESTLE Analysis 6.6. Porter's Five Forces Analysis 7. Government Laws and Industry Regulations 8. Global and Regional Market Dynamics 8.1. Drivers 8.2. Restraints 8.3. Trends 8.4. Opportunities 9. Global Remote Patient Monitoring Market: Key Investment Analysis 9.1. By Key Industry Players 9.2. By Region 9.3. M&A Activities Robust assessment of major investments made by various industry players across key regions 10. Parent Market Overview: 10.1. Global Healthcare Market Overview 10.2. Global IoT Market Analysis and Forecast 11. Segmental Analysis 11.1. Global Remote Patient Monitoring Market by Component 11.1.1. Segment Overview 22.214.171.124. Services 126.96.36.199. Devices 188.8.131.52.1. Cardiac Monitoring Device 184.108.40.206.2. Neurological Monitoring Device 220.127.116.11.3. Respiratory Monitoring Device 18.104.22.168.4. Multiparameter Monitoring Device 22.214.171.124.5. Blood Glucose Monitoring Device 126.96.36.199.6. Fetal & Neonatal Monitoring Device 188.8.131.52.7. Weight Monitoring Device 184.108.40.206.8. Other Monitoring Device 11.2. Global Remote Patient Monitoring Market by End User 11.2.1. Segment Overview 220.127.116.11. Hospitals and Clinics 18.104.22.168. Home Care and Long-Term Centers 22.214.171.124. Ambulatory Care Centers 126.96.36.199. Patients 188.8.131.52. Others (Passive Exoskeletons, etc.) 11.3. Global Remote Patient Monitoring Market by Region 11.3.1. North America 11.3.2. Latin America 11.3.3. Western Europe 11.3.4. Eastern Europe 11.3.5. Asia Pacific 11.3.6. Middle East & Africa 12. Regional Analysis 12.1. North America Remote Patient Monitoring Market Analysis and Forecast 2019-2028 12.1.1. Regional Market Overview and Key Takeaways 12.1.2. North America Remote Patient Monitoring Market by Component 12.1.3. North America Remote Patient Monitoring Market by End User 12.1.4. North America Remote Patient Monitoring Market by Country 184.108.40.206. US 220.127.116.11. Canada 12.2. Latin America Remote Patient Monitoring Market Analysis and Forecast 2019-2028 12.2.1. Regional Market Overview and Key Takeaways 12.2.2. Latin America Remote Patient Monitoring Market by Component 12.2.3. Latin America Remote Patient Monitoring Market by End User 12.2.4. Latin America Remote Patient Monitoring Market by Country 18.104.22.168. Brazil 22.214.171.124. Mexico 126.96.36.199. Rest of Latin America 12.3. Western Europe Remote Patient Monitoring Market Analysis and Forecast 2019-2028 12.3.1. Regional Market Overview and Key Takeaways 12.3.2. Western Europe Remote Patient Monitoring Market by Component 12.3.3. Western Europe Remote Patient Monitoring Market by End User 12.3.4. Western Europe Remote Patient Monitoring Market by Country 188.8.131.52. Germany 184.108.40.206. UK 220.127.116.11. France 18.104.22.168. Spain 22.214.171.124. Italy 126.96.36.199. Benelux 188.8.131.52. Nordic 184.108.40.206. Rest of Western Europe 12.4. Eastern Europe Remote Patient Monitoring Market Analysis and Forecast 2019-2028 12.4.1. Regional Market Overview and Key Takeaways 12.4.2. Eastern Europe Remote Patient Monitoring Market by Component 12.4.3. Eastern Europe Remote Patient Monitoring Market by End User 12.4.4. Eastern Europe Remote Patient Monitoring Market by Country 220.127.116.11. Russia 18.104.22.168. Poland 22.214.171.124. Rest of Eastern Europe 12.5. Asia Pacific Remote Patient Monitoring Market Analysis and Forecast 2019-2028 12.5.1. Regional Market Overview and Key Takeaways 12.5.2. Asia Pacific Remote Patient Monitoring Market by Component 12.5.3. Asia Pacific Remote Patient Monitoring Market by End User 12.5.4. Asia Pacific Remote Patient Monitoring Market by Country 126.96.36.199. China 188.8.131.52. Japan 184.108.40.206. India 220.127.116.11. South Korea 18.104.22.168. Australia 22.214.171.124. ASEAN 126.96.36.199. Rest of Asia-Pacific 12.6. Middle East & Africa Remote Patient Monitoring Market Analysis and Forecast 2019-2028 12.6.1. Regional Market Overview and Key Takeaways 12.6.2. Middle East & Africa Remote Patient Monitoring Market by Component 12.6.3. Middle East & Africa Remote Patient Monitoring Market by End User 12.6.4. Middle East & Africa Remote Patient Monitoring Market by Country 188.8.131.52. GCC 184.108.40.206. South Africa 220.127.116.11. Turkey 18.104.22.168. Rest of the Middle East & Africa 13. Competitive Landscape 13.1. Competition Dashboard 13.1.1. Global and Regional Market Share Analysis 13.1.2. Market Structure 13.2. Competitive Benchmarking 13.3. Key Strategy Analysis 13.4. Company Profiles 13.4.1. Koninklijke Philips N.V 22.214.171.124. Company Overview 126.96.36.199. Source/Service Offerings 188.8.131.52. Key Financials 184.108.40.206. Recent Developments 13.4.2. Medtronic 220.127.116.11. Company Overview 18.104.22.168. Source/Service Offerings 22.214.171.124. Financials 126.96.36.199. Recent Developments 13.4.3. GE Healthcare 188.8.131.52. Company Overview 184.108.40.206. Source/Service Offerings 220.127.116.11. Financials 18.104.22.168. Recent Developments 13.4.4. Cerner Corp. 22.214.171.124. Company Overview 126.96.36.199. Source/Service Offerings 188.8.131.52. Financials 184.108.40.206. Recent Developments 13.4.5. Siemens Healthineers AG 220.127.116.11. Company Overview 18.104.22.168. Source/Service Offerings 22.214.171.124. Financials 126.96.36.199. Recent Developments 13.4.6. OMRON Healthcare 188.8.131.52. Company Overview 184.108.40.206. Source/Service Offerings 220.127.116.11. Financials 18.104.22.168. Recent Developments 13.4.7. Boston Scientific Corp. 22.214.171.124. Company Overview 126.96.36.199. Source/Service Offerings 188.8.131.52. Financials 184.108.40.206. Recent Developments 13.4.8. Abbott Laboratories 220.127.116.11. Company Overview 18.104.22.168. Source/Service Offerings 22.214.171.124. Financials 126.96.36.199. Recent Developments 13.4.9. Resideo Life Care Solutions 188.8.131.52. Company Overview 184.108.40.206. Source/Service Offerings 220.127.116.11. Financials 18.104.22.168. Recent Developments 13.4.10. ALTEN Calsoft Labs 22.214.171.124. Company Overview 126.96.36.199. Source/Service Offerings 188.8.131.52. Financials 184.108.40.206. Recent Developments 13.4.11. Bio-Beat Technologies 220.127.116.11. Company Overview 18.104.22.168. Source/Service Offerings 22.214.171.124. Financials 126.96.36.199. Recent Developments 14. Disclaimer
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