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Remote Patient Monitoring Devices Market Expected to Cross USD 0.98 Billion Globally by 2020 : Transparency Market Research

Remote Patient Monitoring Devices Market (By Types: Heart Monitors, Breath Monitors, Physical Activity Monitors, Hematology Monitors, Body Temperature Monitors, Multi-sign Monitors and Others & By End Users: Home Healthcare and Ambulatory Care Centers) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

 

Albany, NY -- (SBWIRE) -- 01/30/2015 -- Remote patient monitoring enables remote monitoring of patient's health and assists medical practitioners in deciding the treatment regimen and track the disease progression during treatment. Remote patient monitoring is effective in management of post acute care and chronic disease, monitoring of safety of the elderly patients and disease progression. Geriatric population is observed to be at a high risk of chronic diseases such as diabetes, hypertension, cardiovascular diseases and respiratory diseases. Thus, rising geriatric population propels the prevalence of chronic diseases leading to accentuate the growth of remote patient monitoring devices market globally. While on the other hand, lack of reimbursement coverage and data security concerns are the major factors that are observed to be hindering the growth of the global remote patient monitoring devices market.

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The executive summary of the report comprises market snapshot of the global remote patient monitoring devices and comparative analysis by geography in terms of value % for 2013 and 2020. The global remote patient monitoring devices market has been segmented based on types of devices that are commercially available: heart monitors, breath monitors, physical activity monitors, hematology monitors, multi-sign monitors and others. Heart monitors segment has been sub-segmented into ECG monitors, heart rate monitors, fetal heart monitors, and blood pressure monitors. Breath monitors segment is further categorized as respiration rate monitors, spirometers, and sleep apnea monitors. Physical activity monitors segment has been sub-segmented into activity level monitors and weight monitors. Hematology segment has been further classified as blood glucose monitors and prothrombin time monitors. Others segment includes devices such as infusion pumps, ventilators and body temperature monitors. Market analysis and revenue forecast for all the above mentioned segments has been provided in the report, in terms of USD million from 2012 to 2020. The report also includes the compounded annual growth rate (CAGR %) for each end user segment (home healthcare and ambulatory care centers) for the forecast period from 2014 to 2020, considering 2013 as the base year.

The market overview section of the remote patient monitoring devices market report analyzes the market dynamics and trends such as drivers, restraints and opportunities that influence the current nature and future status of the global remote patient monitoring devices market. Impact factors such as market attractiveness analysis by geography and Porter's five forces (bargaining power of suppliers, bargaining power of buyers, threat of new entrants, threat of substitutes and competitive rivalry) analysis of the global remote patient monitoring devices market have been provided in this section of the report. In addition, market share analysis of key players (value %) for the year 2013 has also been explained in the market overview section of the report in order to provide a thorough analysis of the overall competitive scenario in the global remote patient monitoring devices market. Furthermore, the report includes value chain analysis and regulatory framework analysis of the remote patient monitoring devices market.

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Geographically, the global remote patient monitoring devices market has been classified into four regions: North America, Europe, Asia Pacific and Rest of the World (RoW). The current and future market sizes (in terms of USD million) of the regional markets mentioned above have been provided in the report for the period from 2012 to 2020 along with the growth rate (CAGR %) for the period from 2014 to 2020. The study further offers recommendations for the remote patient monitoring devices market, which would be useful for existing and new players to sustain and grow in the market.

The remote patient monitoring devices market report concludes with the company profiles section that includes key information in terms of company overview, financial information, product portfolio, business strategies and recent development about the major players operating in the remote patient monitoring devices market. Detailed analysis of these companies is included in this section in order to give a thorough analysis of the overall competitive scenario in the global remote patient monitoring devices market. Key players profiled in the section include, Abbott Laboratories, Aerotel Medical Systems, Covidien plc, AMD Global Telemedicine, F. Hoffmann-La Roche Ltd., Honeywell HomMed LLC, Omron Healthcare and Smiths Medical.

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The global remote patient monitoring devices market is segmented as follows:

Global Remote Patient Monitoring Devices, by Types
- Heart Monitors
- ECG
- Heart rate monitors
- Fetal heart monitors
- Blood pressure monitors
- Breath Monitors
- Respiration rate monitors
- Spirometers
- Sleep apnea monitors
- Physical Activity Monitors
- Activity level monitors
- Weight monitors
- Hematology Monitors
- Blood glucose monitors
- Prothrombin time monitors
- Multi-sign Monitors
- Others (remotely monitored infusion pumps, Ventilators, etc.)

Global Remote Patient Monitoring Devices, by End Users
- Home Healthcare
- Ambulatory Care Centers

Global Remote Patient Monitoring Devices, by Geography
- North America
- Europe
- Asia-Pacific
- Rest of the World

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