Europe Remote Patient Monitoring Market

Remote Patient Monitoring Market to rise in Europe over the next few years
People are living longer with good health, however many are also living longer with continual
sickness — placing a pressure on healthcare structures and sources. As per the WHO, the
number of people aged sixty-five and older is projected to grow from an estimated 524 million
in 2010 to nearly 1.5 billion in 2050, with the maximum of the rise in developing nations.
Remote tracking of sleep and crucial records for bedridden patients. Gloves with Bluetooth
sensors that assist stroke patients with neurological and musculoskeletal injuries regain
mobility in their arms. Painless and accurate glucose tracking. Non-stop temperature
monitoring devices (such as chest straps) that may be used for babies and young youngsters,
post-operative patients, cancer patients, and seniors. Headband and/or earbuds that measure
discomfort in the user’s electroencephalography (EEG) system for better pain management.
Personalized, AI-based wearable technologies that learn about the user. Think smartwatches
that recognize and normalize sleep apnea, a dangerous health condition. Smart glasses that
help the blind see what they can’t see and talk them through situations.
Though many new devices are being developed, there is still a challenge to ensure that the
devices can aggregate and share data, and communicate reliably and securely.
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Key trends and restrains
Increasing use of smartphones is leading to the rise in the improvement of packages which
might be linked to the monitoring device being used. Those mobile packages assist in recording
and transmitting patient fitness-related records or data to the healthcare vendors. The
intention of the groups in the market is to provide remote patient monitoring devices is to
provide higher chronic care management even as keeping the value down. Additionally, the
producers are specializing in growing clean-to-use monitoring devices that could assist patients
to manipulate situations together with coronary heart illnesses and diabetes better by means of
heading off expensive scientific approaches.
But, a number of the barriers going through the remote patient tracking gadgets are there's
little or no standardization among gadgets due to the number of companies in the market,
some of the monitoring apps are considered equal because the medical devices, as a result,
those gadgets want approval from the food and Drug Administration (FDA) to be used in clinical
putting. People are concerned about privacy and protection, especially inside the case of
health-associated facts. For this reason, the producers are focusing on offering layered facts
safety and tool management answer.
Development in generation and communique device is using the trend of telemedicine
international. Furthermore, telemedicine technique uses remote patient monitoring device or
devices to maintain a take a look at the fitness popularity of patients. Companies are growing
tool-kit to reveal various continual diseases. Those device-packages encompass portable and
smooth-to-use remote patient tracking devices. Those device-kits are designed to provide realtime tracking, with quicker and actionable remarks. Furthermore, the gadgets also are geared
up with sensors that assist in making the manner of tracking easy and handy.
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The market is segmented geographically into UK, France, Germany, Spain, Russia and others.
The overall market is to witness a growth of CAGR of 13.2% and a forecasted market value of
USD 15.27 billion by 2021
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Some key players include Welch Allyn, Bosch, Johnson & Johnson, Intel, Roche, Philips
Healthcare, Philips, Healthanywhere Inc, Honeywell, American Telecare, Biotronik, and Covidien
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Europe Remote Patient Monitoring Market By Type (Breath Monitors, Physical Activity Monitors, Heart Monitors, Haematological Monitors And Multi-Sign Monitors), By Application (Cancer Treatment, Cardiovascular Diseases, Diabetes Treatment, Sleep Disorder And Weight Management And Fitness Monitoring)