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Telemonitoring System Market Industry Analysis, Growth, Size, Share and Forecast to 2026

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Increased implementation of telehealth will significantly decrease the dependency on hospitals and enable accessibility to proper healthcare services from home.
Telemonitoring System Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK,
AND OPPORTUNITY ANALYSIS, 2018-2026
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REPORT DESCRIPTION
Telemonitoring System Market – Overview
Telemonitoring system provides patients and professionals with regular measurements of a range of
symptoms and physiological parameters. The system can improve access to specialized care in areas with
lack of healthcare professionals or in areas where access to healthcare is difficult. It can improve quality of
life of patients suffering from chronic diseases and reduce hospital costs. Services such as teleconsultation
and teleradiology will help shorten waiting lists, optimize the resources, and enable productivity gains.
Moreover, increased implementation of telehealth will significantly decrease the dependency on hospitals
and enable accessibility to proper healthcare services from home. A NTCA-The Rural Broadband
Association report published in 2017 stated that telemedicine could save thousand dollars per annum in
healthcare costs, thereby, reducing significant cost spent on labor wages, lab cost, medical facility, and
transportation.
The global telemonitoring system market size was valued at US$ 1.6 billion in 2017 and is expected to
witness a CAGR of 10.1% over the forecast period (2018 – 2026).
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REPORT DESCRIPTION
Telemonitoring System Market Taxonomy:
By Component:
●
Hardware
●
Software
By Mode of Delivery:
●
Web-based
●
Cloud-based
By Application:
●
COPD Monitoring
●
Blood Pressure Monitoring
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REPORT DESCRIPTION
Telemonitoring System Market: Key Players
●
Abbott Laboratories.
●
Allscripts Healthcare Solutions Inc.
●
AMD Global Telemedicine, Inc.
●
Cisco Systems, Inc.
●
Care Innovations LLC.
●
General Electric Company.
●
Honeywell Life Care Solutions.
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https://www.coherentmarketinsights.com/market-insight/telemonitoring-system-market-2196
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Author
abhijit
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