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Remote Patient Monitoring Devices Market Size

  • Report ID: GMI5563
  • Published Date: Apr 2023
  • Report Format: PDF

Remote Patient Monitoring Devices Market Size

Remote Patient Monitoring Devices Market size was worth USD 14 billion in 2022 and is projected to witness robust growth at more than 11% CAGR through 2032 driven by the increasing prevalence of chronic diseases globally.

 

The steadily increasing patient population suffering from chronic ailments such as heart disease and diabetes is expected to stimulate product demand. In light of the increasing healthcare burden, remote patient monitoring technologies assist physicians in prioritizing treatment by offering guidelines for treating each patient. Cases of cardiovascular diseases are growing at a rapid pace as a result of the increased adoption of a sedentary lifestyle and poor eating habits, such as excessive alcohol use and smoking, thereby boosting the market expansion.
 

 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for remote patient monitoring devices was valued at USD 14 billion in 2022 and is estimated to depict robust growth at more than 11% CAGR through 2032 owing to the increasing prevalence of chronic diseases globally.

The cardiac monitoring devices segment accounted generated more than USD 3 billion in revenue in 2022 and is poised to grow significantly at a 11.5% CAGR through 2032, driven by the growing patient awareness about the benefits of remote cardiac monitoring devices.

Remote patient monitoring devices market in North America is projected to surpass a valuation of USD 16 billion by the end of 2032 attributed to the expanding geriatric population across the region.

Some key companies operating in the market are Boston Scientific Corporation, DexCom, Inc., Johnson & Johnson, Koninklijke Philips N.V., Baxter International Inc., OMRON Corporation, GE Healthcare, Medtronic, Siemens Healthineers AG, Abbott Laboratories, F. Hoffmann-La Roche AG, Cerner Corporation, VitalConnect, Honeywell International, Cisco Systems, Biotronik, and others.

Remote Patient Monitoring Devices Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 18
  • Tables & Figures: 267
  • Countries covered: 27
  • Pages: 290
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