Remote Patient Monitoring Devices Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Remote Patient Monitoring Devices Market by Type of Device (Heart Monitors, Breath Monitors, Hematology Monitors, Multi-parameter Monitors, Other Types of Devices), by Application (Cancer Treatment, Cardiovascular Diseases, Diabetes Treatment, Sleep Disorder, Weight Management and Fitness Monitoring, Other Applications), by End User (Home Care Settings, Hospital/Clinics, Other End Users) and Geography

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Report

Description

Remote Patient Monitoring Devices Market size was valued at USD 3273.6 million in 2021. It is expected to reach a value of USD 8,868.1 million by 2028, growing at a CAGR of 15.3% during the forecast period 2022 to 2028. The global market provides a detailed overview, which has been segmented by device, application, and end user. By type of device, the market has been segmented into Heart Monitors, Breath Monitors, Hematology Monitors, Multi-parameter Monitors, and Others. The heart monitors component segment is likely the most significant and fastest-growing segment in terms of the type of device. The remote patient monitoring devices market has been segmented into Cancer Treatment, Cardiovascular Diseases, Diabetes Treatment, Sleep Disorder, Weight Management, and Fitness Monitoring, among others. The diabetes treatment segment gains the maximum revenue share in the market. Based on the end user, the remote patient monitoring devices are segmented into Home Care Settings, Hospitals/Clinics, and Others. According to precision business insights, the hospital/clinics segment is predicted to register the fastest growth rate during the forecast period.


The Remote Patient Monitoring Devices Market Key Developments:

In 2020, Philips, Launched the Avalon CL Fetal and Maternal Pod and Patched for remote monitoring in the US, Europe, Australia, New Zealand, and Singapore to support fetal and maternal monitoring.

Remote Patient Monitoring Devices Market

MARKET SUMMARY
-
15.3%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 15.3%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Remote Patient Monitoring Devices Market

  • The global remote patient monitoring devices market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
  • The report on the global  remote patient monitoring devices market gives historical, current, and future market sizes (US$ Mn) on the basis of  device, application, end user and region.
key players
  • Koninklijke Philips N.V.
  • GE Healthcare
  • Omron Healthcare
  • Medtronic Plc.
  • Abbott Laboratories
Remote Patient Monitoring Devices Market Dynamics

Due to the rapidly expanding global population and growth in chronic diseases, there has been an increased need for healthcare infrastructure improvements, telehealth cost savings, and remote patient monitoring technology in recent years.


North America Got Significant Share

Remote Patient Monitoring Devices Market

The North American market is expected to witness the largest market share during the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Remote Patient Monitoring Devices Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The remote patient monitoring devices market growing at a CAGR of 15.3% during 2022-28

The major players in the global remote patient monitoring devices market are Koninklijke Philips N.V. (Netherlands), Medtronic (Ireland), GE Healthcare (US), Cerner Corporation (US), Siemens Healthineers AG Germany, OMRON Healthcare (Japan), Boston Scientific Corporation (US), Abbott Laboratories (US), Resideo Life Care Solutions (US), Vivify Health, Inc. (US), and ALTEN Calsoft Labs (France).

North America is the fastest-growing region for the remote patient monitoring devices market


Report

Table Of Content

1. Executive Summary
2. Global Remote Patient Monitoring Devices Market Introduction
2.1. Global Remote Patient Monitoring Devices Market – Taxonomy
2.2. Global Remote Patient Monitoring Devices Market –Definitions
2.2.1. By Type of Device
2.2.2. By Application
2.2.3. By End User
3. Global Remote Patient Monitoring Devices Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Remote Patient Monitoring Devices Market Dynamic Factors – Impact Analysis
3.6. Global Remote Patient Monitoring Devices Market – Competition Landscape
4. Global Remote Patient Monitoring Devices Market Analysis,2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis,2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Remote Patient Monitoring Devices Market, By Type of Device, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Heart Monitors
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Breath Monitors
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Hematology Monitors
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Multi-parameter Monitors
5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Other Types of Devices
5.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Remote Patient Monitoring Devices Market Forecast, By Application, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
6.1. Cancer Treatment
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Cardiovascular Diseases
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Diabetes Treatment
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Sleep Disorder
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Weight Management and Fitness Monitoring
6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Other Applications
6.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
7. Global Remote Patient Monitoring Devices Market Forecast, By End User, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
7.1. Home Care Settings
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Hospital/Clinics
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Other End Users
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Remote Patient Monitoring Devices Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
8.1. North America
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Remote Patient Monitoring Devices Market – Opportunity Analysis Index, By Type of Device, By Application, End User and Region, 2022 – 2028
9. North America Remote Patient Monitoring DevicesMarketAnalysis,2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
9.1. Type of Device Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
9.1.1. Heart Monitors
9.1.2. Breath Monitors
9.1.3. Hematology Monitors
9.1.4. Multi-parameter Monitors
9.1.5. Other Types of Devices
9.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Cancer Treatment
9.2.2. Cardiovascular Diseases
9.2.3. Diabetes Treatment
9.2.4. Sleep Disorder
9.2.5. Weight Management and Fitness Monitoring
9.2.6. Other Applications
9.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Home Care Settings
9.3.2. Hospital/Clinics
9.3.3. Other End Users
9.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Remote Patient Monitoring Devices Market – Opportunity Analysis Index, By Type of Device, By Application, End User and Country, 2022 – 2028
9.6. North America Remote Patient Monitoring Devices Market Dynamics – Trends
10. Europe Remote Patient Monitoring Devices Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
10.1. Type of Device Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
10.1.1. Heart Monitors
10.1.2. Breath Monitors
10.1.3. Hematology Monitors
10.1.4. Multi-parameter Monitors
10.1.5. Other Types of Devices
10.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Cancer Treatment
10.2.2. Cardiovascular Diseases
10.2.3. Diabetes Treatment
10.2.4. Sleep Disorder
10.2.5. Weight Management and Fitness Monitoring
10.2.6. Other Applications
10.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Home Care Settings
10.3.2. Hospital/Clinics
10.3.3. Other End Users
10.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Remote Patient Monitoring Devices Market – Opportunity Analysis Index, By Type of Device, By Application, End User and Country,2022 – 2028
10.6. Europe Remote Patient Monitoring Devices Market Dynamics – Trends
11. Asia-Pacific Remote Patient Monitoring Devices Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
11.1. Type of Device Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
11.1.1. Heart Monitors
11.1.2. Breath Monitors
11.1.3. Hematology Monitors
11.1.4. Multi-parameter Monitors
11.1.5. Other Types of Devices
11.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Cancer Treatment
11.2.2. Cardiovascular Diseases
11.2.3. Diabetes Treatment
11.2.4. Sleep Disorder
11.2.5. Weight Management and Fitness Monitoring
11.2.6. Other Applications
11.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Home Care Settings
11.3.2. Hospital/Clinics
11.3.3. Other End Users
11.4. Country Analysis2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Remote Patient Monitoring Devices Market – Opportunity Analysis Index, By Type of Device, By Application, End User and Country,2022 – 2028
11.6. Asia-Pacific Remote Patient Monitoring Devices Market Dynamics – Trends
12. Latin America Remote Patient Monitoring Devices Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
12.1. Type of Device Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
12.1.1. Heart Monitors
12.1.2. Breath Monitors
12.1.3. Hematology Monitors
12.1.4. Multi-parameter Monitors
12.1.5. Other Types of Devices
12.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Cancer Treatment
12.2.2. Cardiovascular Diseases
12.2.3. Diabetes Treatment
12.2.4. Sleep Disorder
12.2.5. Weight Management and Fitness Monitoring
12.2.6. Other Applications
12.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Home Care Settings
12.3.2. Hospital/Clinics
12.3.3. Other End Users
12.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Remote Patient Monitoring Devices Market – Opportunity Analysis Index, By Type of Device, By Application, End User and Country,2022 – 2028
12.6. Latin America Remote Patient Monitoring Devices Market Dynamics – Trends
13. Middle East and Africa Remote Patient Monitoring Devices Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
13.1. Type of Device Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
13.1.1. Heart Monitors
13.1.2. Breath Monitors
13.1.3. Hematology Monitors
13.1.4. Multi-parameter Monitors
13.1.5. Other Types of Devices
13.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Cancer Treatment
13.2.2. Cardiovascular Diseases
13.2.3. Diabetes Treatment
13.2.4. Sleep Disorder
13.2.5. Weight Management and Fitness Monitoring
13.2.6. Other Applications
13.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Home Care Settings
13.3.2. Hospital/Clinics
13.3.3. Other End Users
13.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Remote Patient Monitoring Devices Market – Opportunity Analysis Index, By Type of Device, By Application, End User and Country,2022 – 2028
13.6. MEA Remote Patient Monitoring Devices Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Application& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Koninklijke Philips N.V.
14.2.2. GE Healthcare
14.2.3. Boston Scientific Corporation
14.2.4. Omron Healthcare
14.2.5. Medtronic Plc.
14.2.6. Welch Allyn
14.2.7. Abbott Laboratories
14.2.8. Masimo Corporation
14.2.9. Hoffmann-La Roche Ltd.
14.2.10. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
15. Research Methodology
16. Key Assumptions and Acronyms

Report

Company Profile

  • Koninklijke Philips N.V.
  • GE Healthcare
  • Boston Scientific Corporation
  • Omron Healthcare
  • Medtronic Plc.
  • Welch Allyn
  • Abbott Laboratories
  • Masimo Corporation
  • Hoffmann-La Roche Ltd.
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Description

Remote Patient Monitoring Devices Market size was valued at USD 3273.6 million in 2021. It is expected to reach a value of USD 8,868.1 million by 2028, growing at a CAGR of 15.3% during the forecast period 2022 to 2028. The global market provides a detailed overview, which has been segmented by device, application, and end user. By type of device, the market has been segmented into Heart Monitors, Breath Monitors, Hematology Monitors, Multi-parameter Monitors, and Others. The heart monitors component segment is likely the most significant and fastest-growing segment in terms of the type of device. The remote patient monitoring devices market has been segmented into Cancer Treatment, Cardiovascular Diseases, Diabetes Treatment, Sleep Disorder, Weight Management, and Fitness Monitoring, among others. The diabetes treatment segment gains the maximum revenue share in the market. Based on the end user, the remote patient monitoring devices are segmented into Home Care Settings, Hospitals/Clinics, and Others. According to precision business insights, the hospital/clinics segment is predicted to register the fastest growth rate during the forecast period.


The Remote Patient Monitoring Devices Market Key Developments:

In 2020, Philips, Launched the Avalon CL Fetal and Maternal Pod and Patched for remote monitoring in the US, Europe, Australia, New Zealand, and Singapore to support fetal and maternal monitoring.

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