Global Remote Patient Monitoring Market to grow at a potential CAGR of 13.4% during 2016-2021

Global Remote Patient Monitoring Market

According to the report "Remote Patient Monitoring Market", published by Market Data Forecast, the global market is projected to reach USD 59.26 Billion by 2021, at a CAGR of 13.4% from 2016 to 2021.

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Remote patient monitoring devices helps in monitoring of patient’s physical ailment. The benefit of these devices is the patient need not visit the medical specialist. Remote patient monitoring devices supports to decrease costs of hospital stays by continuing to monitor patient situation, regardless of patient location and also it helps to condense congestion at clinics and diagnostic centers.

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Some of the major drivers for remote patient monitoring market are growth in the chronic disease population, rise in the aging population, increasing demand for home-based monitoring devices and need to enclose the average healthcare expenses. .  The major limitations are the unsteady and uneven reimbursement strategies globally.

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1)  By Type:
•Breath Monitors
•Physical Activity Monitors
•Heart Monitors
•Haematological Monitors
•Multi-Sign Monitors

2) By Application:
•Cancer Treatment
•Cardiovascular Diseases
•Diabetes Treatment
•Sleep Disorder
•Weight Management and Fitness Monitoring

3) By End-Use
•Ambulatory Care Centers
•Home Healthcare

4) By Geography:
•North America
•Latin America
•Middle-East and Africa

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Some key players include Welch Allyn, Bosch, Johnson & Johnson, Intel, Roche, Philips Healthcare, Philips, Healthanywhere Inc, Honeywell, American Telecare, Biotronik, and Covidien Plc.

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