(Health-NewsWire.Net, January 16, 2018 ) Remote Patient Monitoring Devices market report gives comprehensive outlook on remote patient monitoring devices across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). This report on remote patient monitoring devices market gives historical, current, and future market sizes (US$ Mn) of product, end-use and geographic regions. This report studies remote patient monitoring devices market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed remote patient monitoring devices market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the remote patient monitoring devices market report include suppliers, manufacturers, marketers, policy makers engaged in manufacturing and supply of remote patient monitoring devices.
Remote Patient Monitoring Devices Market: The remote patient monitoring devices market estimated to be valued over US$ 950 Mn in 2016 and anticipated to expand at 7.0% of CAGR, and projected to reach US$ XX Mn by 2023.
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How does inclination towards state-of-art technology affect the remote patient monitoring devices market- Remote patient monitoring devices market is expected to gain traction in future owing to improved healthcare IT technology, rising adoption of remote patient monitoring devices. These solutions enable monitor the patients outside of healthcare settings such as hospitals and clinics. The advantages offered by remote patient monitoring devices enables create demand for these devices. These devices able to improve the management of chronic diseases by monitor the critical indicators such as blood sugar levels, blood pressure etc. Increase in healthcare expenditure and surge in disposable income are witness fuel the remote patient monitoring devices market. Increase in healthcare expenditure coupled with disposable income is driving the remote patient monitoring devices market. Remote Patient Monitoring Devices are rapidly adopted by healthcare providers such as clinics, hospitals effective management of chronic diseases round the clock. Patients are being attracted, reduced healthcare expenditure by long hospital stay, lesser physician appointments.
North America, Europe are expected to dominate revenue share of global remote patient monitoring devices market. Technological advancements in healthcare IT, rising adoption of smart phones, increased awareness on advantages of remote patient monitoring devices are expected to drive the U.S remote patient monitoring devices. For instance, Medtronic's NetResponse is an interactive web and app based software, which can be used in tablets, smart phones, computer, enabling patient to interact with doctor Limited awareness in less developed countries, lack of reimbursement are the main restraints for Remote Patient Monitoring Devices market.
Competition Assessment Key players' profiles in the global Remote Patient Monitoring Devices market include: -Biotronik (Germany) -Boston Scientific Corporation (U.S.) -General Electronic Company (UK) -Honeywell International Inc. (U.S.) -Medtronic (U.S.) -Nihonkoden Corporation (U.S.) -Koninklijke Philips N.V. (Netherlands) -Spacelabs Healthcare (U.S.) -St. Jude Medical (U.S.)
Market players are focusing on mergers and acquisitions to improve their market position in Remote Patient Monitoring Devices market.
Key Findings of the Report:
-Remote patient monitoring devices market is expanding at 7.0% CAGR over 2017 to 2023 to reach market value of US$ XX Mn by 2023 -Based on product, cardiac monitoring market is expected to account major share over the forecast period. -Based on region type, North America is expected to account for major market share. -Players focusing on expanding geographic presence to garner market opportunities in developing economies
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Key Features of the Report:
-The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023) -The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies -The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market -The report tracks recent innovations, key developments and startup's details that are actively working in the market -The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario -The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market
Detailed Segmentation
By Product o Cardiac Monitoring o Diabetes Monitoring o Neurological Disorders Monitoring o Respiratory Monitoring o Others
By End-Use o Hospitals o Clinics o Others
By Geography o North America -U.S -Canada o Europe -Germany -France -U.K -Italy -Spain -Russia -Poland -Rest of Europe o Asia-Pacific -Japan -China -India -Australia & New Zealand -ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others) -South Korea -Rest of Asia-Pacific o Latin America -Brazil -Mexico -Argentina -Venezuela -Rest of Latin America o Middle East and Africa (MEA) -Gulf Cooperation Council (GCC) Countries -Israel -South Africa Rest of MEA
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