The Remote
Patient Monitoring Systems market is expected to grow significantly
attributed to the rising geriatric population and increasing adoption of
wearable devices. As most of the geriatric patients are suffering from several
diseases such as diabetes, hypertension and so on, additionally some geriatric
patients can’t even walk properly which makes it difficult for them to go to
clinics for regular checkups. However, with remote monitoring systems, patient
can collect the required data from there smartphone at their ease and send it
to the physician due to which there is high demand for these systems.
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Patient Monitoring Systems Market study.
Moreover, the rising adoption of smartphone and
wearable devices are fueling the Remote Patient Monitoring Systems industry. As smartphones are getting cheaper
and most of the smartphones nowadays comes with additional sensors which makes
it easier for the patients to collect the data. Additionally, wearable
technology is rapidly growing with the launch of new devices such as fitness
bands, mobile ECG’s and so on. It enables them to provide valuable information
about the health of an individual hence fueling the growth of the market.
Remote patient monitoring system is a method that
allows patients to use the latest advances such as mobile devices to collect
data generated by the patients and then send it to a medical professional for
analyzing. Vital signs, weight, blood pressure, and heart rate are the most
common types of physiological data that can be collected by remote patient
monitoring system. A special telehealth computer is used to send this collected
data to the doctor or software applications which can be installed on a
smartphone or tablet.
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Another factor that is driving the market is
string government regulation. Governments across the globe are taking
initiatives to control increasing healthcare costs. Additionally, due to the
technological advancements and the development of efficient monitoring products
is propelling the Remote Patient Monitoring Systems market. In the US, a government initiative
Obamacare was implemented to impose penalties on the hospitals charging
patients more. Further according to the act the government reduced patient
readmission cost admitting within 30days after discharge, therefore, increasing
the usage of Remote Patient Monitoring Systems by the doctors hence contributing to the
growth of the market.
Global Remote Patient Monitoring Systems Market- Segmentation
By Application
- Cardiovascular Diseases
- Respiratory Diseases
- Cancer
- Diabetes
- Others
By End-user
- Hospitals & Clinics
- Homecare Settings
Global Remote Patient Monitoring Systems Market -Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
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The key objectives of the Remote
Patient Monitoring Systems Market study:
·
To analyze the Remote Patient Monitoring Systems Market
size (values and volume) by segments with historical data of 2017 and 2018 and
forecast to 2025.
·
To study the key factors influencing the growth
of the market.
·
Focuses on the key leaders to define and analyze
the sales volume, value, share, competitive landscapes, SWOT analysis, and
development plans.
·
To analyze the Remote Patient Monitoring Systems Market
growth, global trends, future prospectus and contribution to the market.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-040
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-040
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