According to the latest market research report released by Technavio, the global remote patient monitoring market is expected to accelerate at a CAGR of almost 16% during the forecast period. The emergence of digital healthcare services and healthcare 3.0 is one of the key factors triggering the growth of the market.
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Technavio market research analysts forecast the global remote patient monitoring market to grow at a CAGR of almost 16% during 2018-2022. (Graphic: Business Wire)
This research report titled 'Global Remote Patient Monitoring Market 2018-2022' provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global remote patient monitoring market into the following products:
- Vital signs
- Implantable
In 2017, the vital signs segment accounted for 90% of the global market and is projected to reach 91% by 2022, exhibiting almost 1% increase in market share.
Global remote patient monitoring market: Top emerging trend
The increasing popularity of m-health is an emerging trend in the remote patient monitoring market space. Mobile health is the practice of delivering healthcare through mobile devices such as patient monitoring devices, mobile phones, and PDAs. Factors such as increasing aging population, chronic diseases, healthcare costs, and regulatory norms are driving the adoption of mobile healthcare technologies. In addition, the increase in the penetration of mobile devices worldwide has supported the increasing adoption of mobile health technologies. Mobile health technologies help healthcare organizations reduce medical costs and utilize effective remote patient monitoring. Thus, the increased demand for mobile health because of the devices' convenience is likely to contribute to the growth of telemedicine market.
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Technavio's report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global Remote Patient Monitoring Market Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by product (vital signs and implantable)
- Market segmentation by end-user (hospitals, ASCs, and home care)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Abbott, Boston Scientific, GE, Koninklijke Philips, and Medtronic)
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180905005986/en/
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