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Remote Patient Monitoring Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2029

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Remote patient monitoring (RPM) is a specific technology used to obtain individual medical and data related to health-care and transmit it electronically to an expert located in any part of the world. RPM is used to remotely monitor, as the name sug
Remote Patient Monitoring Market Global Trends, Market Share, Industry Size,
Growth, Opportunities, and Market Forecast 2019 to 2029
The global remote patient monitoring market is predicted to value over US$ 2 billion
by the end of 2026 and record at a CAGR of over 12% during the forecast period of
2019-2026.
Remote patient monitoring (RPM) is a specific technology used to obtain individual
medical and data related to health-care and transmit it electronically to an expert
located in any part of the world. RPM is used to remotely monitor, as the name
suggests as well as analyze physiological parameters to examine the health and
wellbeing of the patient who is being examined. These parameters point out the
deficiencies and thus help to improve quality of life through early diagnosis. The
monitoring can be done anywhere, even at the patients comfort at their respective
houses reducing the number of emergency department visits, and the length and
costs of hospitalization, thus making it a viable option. Remote patient monitoring
devices facilitate collection of medical health data digitally and sends it across to
different locations to garner recommendations and assessments from experts. The
data is made into a mainstream tool to assist and guide patients in healthcare related
decisions.
RPM recognises the minute and smallest of physiological changes in a patient’s body
and thus help prevent chronic heart diseases, diabetes, and respiratory diseases
Early diagnosis helps make an informed decision as well as reduces multiple
hospitalization and emergency costs. In the short- and long run, RPM technologies
through efficient implementation can make quality healthcare quite accessible, and
also employ fewer financial resources from both ends.
The market would gain momentum in the developing regions mainly like Asia-Pacific,
Africa, and Latin America. The large population consisting of a fair share of geriatric
as well as undiagnosed patients due to industrialization and urbanization,
considerable disposable incomes, all these factors play a role in the expanse of the
RPM market. The government has also begun to recognise this cause and provided
favourable initiatives through funds and thus the market holds lucrative business
opportunities in the near future. Remote patient monitoring system, due to their
capability to monitor and recognise almost all chronic conditions are expected to
witness substantial growth.
Global Remote Patient Monitoring Market: Restraints
> Shortage of trained professionals and experts
> Maintenance of privacy and security threat of the medical data
> Lack of regulations and standardisation
> Lack of general awareness about monitoring systems
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By Device Type
> Cardiac Rhythm Monitoring Devices
> Pulse Oximeter
> Respiratory Monitoring Devices
> Blood Pressure Measuring Devices
> Others
By End User
> Hospitals
> Long Term Care Center
> Homecare Settings
The number of policies affecting the end user and the market thereafter have been
implemented. The Patient Protection and Affordable Care Act, also known as
Obamacare, was implemented under the Hospital Readmissions Reduction Program
by U.S. The government was to impose penalties on hospitals. According to the
Act,the government reduced medicare payment per patient by 1% for hospital
readmission within 30 days after discharge, thereby, promoting the usage of remote
patient monitoring devices by healthcare professionals.
By Region
> Europe
> North America
> APAC
> Latin America
> Rest of World
The market would gain and grow in the developing regions of Asia-Pacific, Africa, and
Latin America. The untreated patient population, progress, increased disposable
incomes, favourable government initiatives, and awareness about RPM benefits are
major factors that will guide the steady market growth in these regions. However,
the installation of high-end technologies, especially in third-world countries and in
the developing countries, such as India and China would slow down the rate a little.
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Competitive Landscape:
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Tier 1 players- established companies in the market with a major market share
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Tier 2 players
Emerging players which are growing rapidly
New Entrants
FutureWise Takeaways
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Growth prospects
SWOT analysis
Key trends
Key data-points affecting market growth
Objectives of the Study:
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
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To provide with an exhaustive analysis on global remote patient monitoring market
by device type, end-user and region
To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East
To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core
competencies
Table of Contents
1. Introduction
1.1. Scope and Objective
1.2. Assumptions and Acronyms
1.3. Forecast Factors
1.4. Research Methodology
2.
Executive Summary
2.1. Industry Cluster Analysis
2.2. Competition Matrix
2.3. Strategies Recommendations
3. Market Definition
3.1. Report Scope (Inclusions & Exclusions)
3.2. Market Segmentation
4.
Global Remote Patient Monitoring Market Overview
4.1. Global Remote Patient Monitoring Market Revenue (USD Mn)
5.
Key Inclusions
5.1. Porter’s Five Force analysis
5.2. Market Dynamics
5.3. Industry Trends
5.4. Regulatory Guidelines
5.5. Opportunities in Remote Patient Monitoring
6.
Competition Dynamics
6.1. Company Share Analysis (2018)
6.2. Top 10 Product Pricing by Region
7. Global Remote Patient Monitoring Market Revenue (USD Mn),
2018-2026 by Device Type
7.1. Key Market Findings
7.2. Long Term ROI Segments
7.3. Revenue Opportunity Influencing Factors
7.4. Market Revenue (USD Mn) Assessment and Forecast by Device Type, 20182026
7.4.1
Cardiac Rhythm Monitoring Devices
7.4.2
Pulse Oximeter
7.4.3
Respiratory Monitoring Devices
7.4.4
Blood Pressure Measuring Devices
7.4.5
Others
8. Global Remote Patient Monitoring Market Revenue (USD Mn),
2018-2026 by End User
8.1. Key Market Findings
8.2. Long Term ROI Segments
8.3.
Revenue Opportunity Influencing Factors
8.4. Market Revenue (USD Mn) Assessment and Forecast by End
User, 2018-2026
8.4.1
Hospitals
8.4.2
Long Term Care Center
8.4.3
Homecare Settings
9. Global Remote Patient Monitoring Market Revenue (USD Mn),
2018-2026 by Region
9.1. Key Market Findings
9.2. Long Term ROI Segments
9.3. Revenue Opportunity Influencing Factors
9.4. Market Revenue (USD Mn) Assessment and Forecast by
Region,2026
9.4.1
North America
9.4.2
Latin America
9.4.3
Europe
9.4.4
Asia Pacific
9.4.5
Rest of world
10. North America Remote Patient Monitoring Market Revenue (US$
Mn), 2018-2026
10.1. Key Market Findings
10.2. Long Term ROI Segments
10.3. Revenue Opportunity Influencing Factors
10.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
10.4.1 US
10.4.2 Canada
10.5. Market Revenue (USD Mn) Assessment and Forecast by Device
Type, 2018-2026
10.5.3 Cardiac Rhythm Monitoring Devices
10.5.4 Pulse Oximeter
10.5.5 Respiratory Monitoring Devices
10.5.6 Blood Pressure Measuring Devices
10.5.7 Others
10.6. Market Revenue (USD Mn) Assessment and Forecast by End User,
2018-2026
10.6.8 Hospitals
10.6.9 Long Term Care Center
10.6.10 Homecare Settings
11. Latin America Remote Patient Monitoring Market Revenue (US$
Mn), 2018-2026
11.1. Key Market Findings
11.2. Long Term ROI Segments
11.3. Revenue Opportunity Influencing Factors
11.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
11.4.1 Brazil
11.4.2 Mexico
11.4.3 Argentina
11.4.4 Rest of Latin America
11.5. Market Revenue (USD Mn) Assessment and Forecast by Device
Type, 2018-2026
11.5.5 Cardiac Rhythm Monitoring Devices
11.5.6 Pulse Oximeter
11.5.7 Respiratory Monitoring Devices
11.5.8 Blood Pressure Measuring Devices
11.5.9 Others
11.6. Market Revenue (USD Mn) Assessment and Forecast by End User,
2018-2026
11.6.10 Hospitals
11.6.11 Long Term Care Center
11.6.12 Homecare Settings
12. Europe America Remote Patient Monitoring Market Revenue (US$
Mn), 2018-2026
12.1. Key Market Findings
12.2. Long Term ROI Segments
12.3. Revenue Opportunity Influencing Factors
12.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
12.4.1 Germany
12.4.2 France
12.4.3 Spain
12.4.4 UK
12.4.5 Russia
12.4.6 Poland
12.4.7 Rest of Europe
12.5. Market Revenue (USD Mn) Assessment and Forecast by Device
Type, 2018-2026
12.5.8 Cardiac Rhythm Monitoring Devices
12.5.9 Pulse Oximeter
12.5.10 Respiratory Monitoring Devices
12.5.11 Blood Pressure Measuring Devices
12.5.12 Others
12.6. Market Revenue (USD Mn) Assessment and Forecast by End User,
2018-2026
12.6.13 Hospitals
12.6.14 Long Term Care Center
12.6.15 Homecare Settings
13. Asia Pacific America Remote Patient Monitoring Market Revenue
(US$ Mn), 2018-2026
13.1. Key Market Findings
13.2. Long Term ROI Segments
13.3. Revenue Opportunity Influencing Factors
13.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
13.4.1 Emerging Asia
13.4.1.1
China
13.4.1.2
India
13.4.1.3
ASEAN-5
13.4.1.4
Rest of Emerging Asia
13.4.2 Japan
13.5. Market Revenue (USD Mn) Assessment and Forecast by Device
Type, 2018-2026
13.5.3 Cardiac Rhythm Monitoring Devices
13.5.4 Pulse Oximeter
13.5.5 Respiratory Monitoring Devices
13.5.6 Blood Pressure Measuring Devices
13.5.7 Others
13.6. Market Revenue (USD Mn) Assessment and Forecast by End User,
2018-2026
13.6.8 Hospitals
13.6.9 Long Term Care Center
13.6.10 Homecare Settings
14. Rest of World America Remote Patient Monitoring Market
Revenue (US$ Mn), 2018-2026
14.1. Key Market Findings
14.2. Long Term ROI Segments
14.3. Revenue Opportunity Influencing Factors
14.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
14.4.1 Middle East
14.4.2 South Africa
14.4.3 North Africa
14.4.4 Rest of World
14.5. Market Revenue (USD Mn) Assessment and Forecast by Device
Type, 2018-2026
14.5.5 Cardiac Rhythm Monitoring Devices
14.5.6 Pulse Oximeter
14.5.7 Respiratory Monitoring Devices
14.5.8 Blood Pressure Measuring Devices
14.5.9 Others
14.6. Market Revenue (USD Mn) Assessment and Forecast by End User,
2018-2026
14.6.10 Hospitals
14.6.11 Long Term Care Center
14.6.12 Homecare Settings
15. Company Profiles
15.1. Competition Landscape
15.2. Global Company Share (USD Mn) Overview, 2018
15.3. Company Profiles
15.3.1 Boston Scientific Corporation
15.3.1.1
Corporate Overview
15.3.1.2
Financial Performance
15.3.1.3
Peer Comparison & 3C marketing equation
15.3.1.4
Company Strategy & Channel Management
15.3.2 Medtronic Plc
15.3.2.1
Corporate Overview
15.3.2.2
Financial Performance
15.3.2.3
Peer Comparison & 3C marketing equation
15.3.2.4
Company Strategy & Channel Management
15.3.3 Aerotel Medical Systems Ltd.
15.3.3.1
Corporate Overview
15.3.3.2
Financial Performance
15.3.3.3
Peer Comparison & 3C marketing equation
15.3.3.4
Company Strategy & Channel Management
15.3.4 Nihon Kohden Corporation
15.3.4.1
Corporate Overview
15.3.4.2
Financial Performance
15.3.4.3
Peer Comparison & 3C marketing equation
15.3.4.4
Company Strategy & Channel Management
15.3.5 Biotronik SE & Co. KG
15.3.5.1
Corporate Overview
15.3.5.2
Financial Performance
15.3.5.3
Peer Comparison & 3C marketing equation
15.3.5.4
Company Strategy & Channel Management
15.3.6 Masimo Corporation
15.3.6.1
Corporate Overview
15.3.6.2
Financial Performance
15.3.6.3
Peer Comparison & 3C marketing equation
15.3.6.4
Company Strategy & Channel Management
15.3.7 General Electric Company
15.3.7.1
Corporate Overview
15.3.7.2
Financial Performance
15.3.7.3
Peer Comparison & 3C marketing equation
15.3.7.4
Company Strategy & Channel Management
15.3.7.5
16. Research Sources & Primary Verbatim
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