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Remote Patient Monitoring Devices Market to Reach US$ 1.5 Bn by 2024

Press release Description

Albany, New York, July 13, 2018: A new detailed study titled “Global Market Study on Remote Patient Monitoring Devices: Cardiac Monitors to Witness Significant Growth During 2017 – 2024” has recently been submitted to the repository of Market Research Reports Search Engine (MRRSE). The global remote patient monitoring devices market is likely to reach a valuation of nearly US$ 1.5 Bn by the end of the forecast period.

According to the research study, demand for remote patient monitoring devices is witnessing an increase on account of growing preference toward home-based care. Patients around the globe are showing an increasing inclination towards home-based care, which is likely to provide an impetus to remote patient monitoring devices market during the assessment period.

The remote patient monitoring devices market is also likely to witness an increase on account of growing investment in healthcare. Many emerging economies are focusing on providing high quality care to their patients, which is likely to fuel investments in this sector during the assessment period. The demand for cardiac monitors, including ECG monitors, fetal heart rate monitors, and blood pressure monitoring devices is likely to witness an increase during the assessment period.

The report segments the global study on remote patient monitoring devices market into indication market, product type market, end user market and region market. The indication segment is further divided into cardiac arrhythmia, ischemic diseases, sleep apnea, hyperlipidemia, diabetes, hypertension and chronic respiratory diseases.

The product segment is sub-segmented into cardiac monitors, hematological monitors and respiratory monitors. The cardiac monitors are divided into heart rate monitors, blood pressure monitors, ECG monitoring and fetal heart rate monitor.  The hematological monitor are bifurcated into blood glucose monitor and prothrombin time monitor. The respiratory monitors are categorized into spirometers, sleep apnea monitor and respiration rate monitor. The end user segment is categorized into hospitals, long-term care centers, homecare settings and others.

Geographically, the market is divided into key regions globally which are Europe, Asia Pacific, Middle East & Africa, North America, and Latin America. North America is one of the largest markets for remote patient monitoring devices globally. The demand for remote patient monitoring devices in the region is concentrated in the US, whereas Canada accounts for a miniscule percentage of the market.

The report profiles some of the leading players operating in the market. Some of these players are Boston Scientific Corporation, Abbott Laboratories, F. Hoffmann-La Roche Ltd., Medtronic, Koninklijke Philips N.V., Nihon Kohden Corporation, LifeWatch AG and St. Jude Medical. The business and product strategies of some of the leading players in the market have been discussed in detail in the report.

Browse Full Global Remote Patient Monitoring Devices Market Report with TOC : https://www.mrrse.com/remote-patient-monitoring-device-market

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