Remote Patient Monitoring Devices Market in Germany

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Germany Remote Patient Monitoring Devices Market Size, Share,
Growth, Competitive Strategies and Forescast to 2025 | Hexa
Research
“The Germany remote patient monitoring device market size was
valued at USD 42.9 million in 2017 and is projected to expand at a
subsequent CAGR over the forecast period”
21 November 2018, The Germany Remote Patient Monitoring Devices Market size is expected to reach USD
120.4 million by 2025. This growth is attributed to rising population and trend of independent living, along
with demand for cost-effective treatment and quality care. Remote patient monitoring devices are used for
managing and monitoring a wide array of health conditions. These devices find application in chronic disease
management, care integrator, progress tracker, an early warning system, capacity builder, and confidence
builder.
Stringent government policies and favorable regulations by WHO in Germany regarding usage of remote
patient monitoring devices are encouraging companies to develop drugs for treatment of chronic diseases.
These diseases include cardiovascular diseases (CVDs), cancer, diabetes mellitus (DM), and chronic
respiratory diseases. Penetration of remote patient monitoring devices in the German market supports local
clinical research organizations (CROs) in their clinical research trials and ensures ease of monitoring, which
facilitates drug discovery process.
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Thus, growing cases of chronic disorders are expected to serve as a high impact rendering factor for the
Germany remote patient monitoring device industry. Cancer, CVDs, sleep disorder, and weight management
and fitness monitoring are the key application segments analyzed in the Germany remote patient monitoring
devices industry. Cardiovascular diseases segment is one of the largest application segments. This is mainly
due to increasing number of patients suffering from diseases such as cardiac hypertensi on as they need
regular blood pressure monitoring due to frequent fluctuations.
The use of remote patient monitoring devices in post-acute care aids in self-health management. Increasing
demand for self-management skills and tools is projected to propel the market growth in the next few years.
Escalating demand for independent care, especially in post-operative care is further anticipated to be a major
factor driving the industry growth. Growing geriatric population, as they are highly susceptible to chron ic
conditions, such as diabetes and CVDs is also expected to fuel industry demand.
Cancer patients need continuous monitoring for evaluating their progress with regard to the prescribed
treatment plan. Continuous monitoring enables doctors to evaluate and vary the dosage to eradicate tumor
cells. Government initiatives such as various campaigns, health insurance policies, and reimbursement
policies for medical devices present growth opportunities for the market, thereby augmenting the product
demand. Moreover, advancements in technology, introduction of affordable and efficient devices, and
improving healthcare infrastructure due to rapid economic growth would also propel market expansion.
The Germany remote patient monitoring device market is highly competitive and led by Medtronic Plc and St.
Jude Medical, Inc. Other key companies are Boston Scientific Corporation, Covidien Ltd., and Philips
Healthcare. Mergers and acquisitions are the key strategies undertaken by most of these companies to
diversify their product portfolio and gain market share in the coming years.
Hexa Research has segmented the Germany remote patient monitoring devices market report based on
product type, application and end use:
Segmentation by Product Type
• Vital Sign Monitors
• Specialized Monitors
Segmentation by Application
• Cancer
• Cardiovascular Diseases
• Diabetes
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• Sleep Disorder
• Weight Management
• Fitness Monitoring
Segmentation by End Use
• Hospital-based Patients
• Ambulatory Patients
• Home Healthcare
Key players analyzed:
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
• Nihon Kohden Corporation
• Omron Corporation
• OSI Systems, Inc.
• Koninklijke Philips N.V.
• Welch Allyn, Inc.
• ALTEN Calsoft Labs
• Smiths Medical, Inc.
• Abbott Laboratories
• American TeleCare, Inc.
• Boston Scientific Corporation
• Dräger Medical
• GE Healthcare
• Honeywell Life Care Solutions
• Johnson & Johnson Services, Inc.
• LifeWatch AG
• Masimo
• Medtronic PLC
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Table of Contents of Germany Remote Patient Monitoring Devices Market:
Chapter 1 Executive Summary
1.1 Market Snapshot
Chapter 2 Research Methodology
2.1 Information Procurement
2.2 Data Analysis
2.3 Region Wise Market Calculation
2.3.1 Region Wise Market: Base Estimates
2.4 Market Formulation & Validation
2.5 List of Secondary Sources
Chapter 3 Market Variables, Trends, & Scope
3.1 Market Segmentation & Scope
3.1.1 Market driver analysis
3.1.1.1 Increasing geriatric population
3.1.1.2 Rising prevalence of chronic conditions
3.1.1.3 Cost effective treatment
3.1.1.4 Rising demand of wireless and portable systems
3.1.1.5 Technological advancement
3.1.2 Market Restraint Analysis
3.1.2.1 Data security concerns
3.2 Key Opportunities Prioritized
3.3 German Remote Patient Monitoring devices - PESTLE Analysis
3.4 Industry Analysis - Porter’s
Chapter 4 Germany Remote Patient Monitoring Devices Market: Product Estimates & Trend Analysis
4.1 Germany Remote Patient Monitoring Devices Market: Product Movement Analysis
4.2 Vital Sign Monitors
4.2.1 Vital sign monitors market, 2014 - 2025 (USD Million)
4.2.2 Blood pressure monitor
4.2.2.1 Blood pressure monitor market, 2014 - 2025 (USD Million)
4.2.3 Pulse oximeter
4.2.3.1 Pulse oximeter market, 2014 - 2025 (USD Million)
4.2.4 Heart rate monitor (ECG)
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4.2.4.1 Heart rate monitor (ECG)market, 2014 - 2025 (USD Million)
4.2.5 Temperature monitor
4.2.5.1 Temperature monitor market, 2014 - 2025 (USD Million)
4.2.6 Respiratory rate monitor
4.2.6.1 Respiratory rate monitor market, 2014 - 2025 (USD Million)
4.2.7 Brain monitor (EEG)
4.2.7.1 Brain monitor market, 2014 - 2025 (USD Million)
4.3 Special monitors
4.3.1 Special monitor market, 2014 - 2025 (USD Million)
4.3.2 Anesthesia monitor
4.3.2.1 Anesthesia monitor market, 2014 - 2025 (USD Million)
4.3.3 Blood glucose monitor
4.3.3.1 Blood glucose monitor market, 2014 - 2025 (USD Million)
4.3.4 Cardiac rhythm monitor
4.3.4.1 Cardiac rhythm monitor market, 2014 - 2025 (USD Million)
4.3.5 Respiratory monitor
4.3.5.1 Respiratory monitor market, 2014 - 2025 (USD Million)
4.3.5.2 Capnographs
4.3.5.2.1 Capnography market, 2014 - 2025 (USD Million)
4.3.5.3 Spirometers
4.3.5.3.1 Spirometers market, 2014 - 2025 (USD Million)
4.3.6 Fetal heart monitor
4.3.6.1 Fetal heart monitor market, 2014 - 2025 (USD Million)
4.3.7 Prothrombin monitor
4.3.7.1 Prothrombin monitor market, 2014 - 2025 (USD Million)
4.3.8 Multi Parameter monitor(MPM)
4.3.8.1 Multi Parameter monitor market, 2014 - 2025 (USD Million)
4.3.9 Other (Ventilators, Infusion Pumps and Others) monitors
4.3.9.1 Others (Ventilators, Infusion Pumps and Others) monitor market, 2014 - 2025 (USD Million)
Chapter 5 German Remote Patient Monitoring Devices: Application Estimates & Trend Analysis
5.1 Germany Remote Patient Monitoring Devices Market: Application Movement Analysis
5.2 Cancer
5.2.1 Cancer based Germany remote patient monitoring devices market, 2014 - 2025 (USD Million)
5.3 Cardiovascular Diseases
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5.3.1 Cardiovascular diseases based Germany remote patient monitoring devices market, 2014 - 2025 (USD
Million)
5.4 Diabetes
5.4.1 Diabetes based Germany remote patient monitoring devices market, 2014 - 2025 (USD Million)
5.5 Sleep Disorders
5.5.1 Sleep disorders based Germany remote patient monitoring devices market, 2014 - 2025 (USD Million)
5.6 Weight management & fitness monitoring
5.6.1 Weight management & fitness monitoring based Germany remote patient monitoring devices market,
2014 - 2025 (USD Million)
Chapter 6 Germany Remote Patient Monitoring Devices Market: End Use Estimates & Trend Analysis
6.1 Germany Remote Patient Monitoring Devices Market: End Use Movement Analysis
6.2 Hospital based patients
6.2.1 Hospital based patients market, 2014 - 2025 (USD Million)
6.3 Ambulatory based patients
6.3.1 Ambulatory based patients market, 2014 - 2025 (USD Million)
6.4 Home Healthcare
6.4.1 Home healthcare based market, 2014 - 2025 (USD Million)
Chapter 7 Germany Remote Patient Monitoring Devices Market: Regional Estimates & Trend Analysis, by
Product and Types
7.1 Germany Remote Patient Monitoring Devices Market Share by Region
7.1.1 Germany Remote Patient Monitoring devices market, 2014 - 2025 (USD Million)
Chapter 8 Competitive Landscape
8.1 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
8.1.1 Company overview
8.1.2 Financial performance
8.1.3 Product benchmarking
8.1.4 Strategic initiatives
8.2 NIHON KOHDEN CORPORATION
8.2.1 Company overview
8.2.2 Financial performance
8.2.3 Product benchmarking
8.2.4 Strategic initiatives
8.3 Omron Corporation
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8.3.1 Company overview
8.3.2 Financial performance
8.3.3 Product benchmarking
8.3.4 Strategic initiatives
8.4 OSI Systems, Inc.
8.4.1 Company overview
8.4.2 Financial performance
8.4.3 Product benchmarking
8.4.4 Strategic initiatives
8.5 Koninklijke Philips N.V.
8.5.1 Company overview
8.5.2 Financial performance
8.5.3 Product benchmarking
8.5.4 Strategic initiatives
8.6 F. Hoffmann-La Roche Ltd
8.6.1 Company overview
8.6.2 Financial performance
8.6.3 Product benchmarking
8.6.4 Strategic initiatives
8.7 Welch Allyn
8.7.1 Company overview
8.7.2 Financial performance
8.7.3 Product benchmarking
8.7.4 Strategic initiatives
8.8 ALTEN Calsoft Labs
8.8.1 Company overview
8.8.2 Financial performance
8.8.3 Product benchmarking
8.8.4 Strategic initiatives
8.9 Smiths Medical
8.9.1 Company overview
8.9.2 Financial performance
8.9.3 Product benchmarking
8.10 Abbott
8.10.1 Company overview
8.10.2 Financial performance
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8.10.3 Product benchmarking
8.10.4 Strategic initiatives
8.11 American TeleCare
8.11.1 Company overview
8.11.2 Financial performance
8.11.3 Product benchmarking
8.11.4 Strategic initiatives
8.12 Boston Scientific Corporation
8.12.1 Company overview
8.12.2 Financial performance
8.12.3 Product benchmarking
8.12.4 Strategic initiatives
8.13 Dräger Medical
8.13.1 Company overview
8.13.2 Financial performance
8.13.3 Product benchmarking
8.13.4 Strategic initiatives
8.14 GE Healthcare
8.14.1 Company overview
8.14.2 Financial performance
8.14.3 Product benchmarking
8.14.4 Strategic initiatives
8.15 Honeywell Life Care Solutions
8.15.1 Company overview
8.15.2 Financial performance
8.15.3 Product benchmarking
8.15.4 Strategic initiatives
8.16 Johnson & Johnson Services, Inc.
8.16.1 Company overview
8.16.2 Financial performance
8.16.3 Product benchmarking
8.16.4 Strategic initiatives
8.17 LifeWatch
8.17.1 Company overview
8.17.2 Financial performance
8.17.3 Product benchmarking
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8.17.4 Strategic initiatives
8.18 Masimo
8.18.1 Company overview
8.18.2 Financial performance
8.18.3 Product benchmarking
8.18.4 Strategic initiatives
8.19 Medtronic
8.19.1 Company overview
8.19.2 Financial performance
8.19.3 Product benchmarking
8.19.4 Strategic initiatives
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The Germany remote patient monitoring devices market size is expected to reach USD 120.4 million by 2025