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      Remote Patient Monitoring (RPM) Market worth $117.1 billion by 2025

      admin by admin
      February 18, 2022
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      (EMAILWIRE.COM, February 18, 2022 ) According to the new market research report, “Remote Patient Monitoring Market by Product (Software, Services, Devices, Cardiology, Neurological, Blood Glucose, Neonatal, Weight, Temperature, Neuro) End User (Providers, Hospitals, Clinics, Home Care, Patients, Payers) – Global Forecast to 2025″, is projected to reach USD 117.1 billion by 2025 from USD 23.2 billion in 2020, at a CAGR of 38.2% between 2020 and 2025.

      Browse and in-depth TOC on “Remote Patient Monitoring Market”

      149 – Tables

      34 – Figures

      189 – Pages

      Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=77155492

      Growth Boosting Factors:

      The rising geriatric population and the growing need to expand healthcare access, cost benefits of telehealth and remote patient monitoring, benefits of RPM to reduce the burden on medical resources, advancements in telecommunications, growing incidences of chronic diseases, and increasing investments in telehealth and RPM are the major factors driving the growth of this market. However, the regulatory variations across regions, healthcare fraud, and informal usage of social media practices is expected to restrain the market growth during the forecast period.

      Software and services to dominated the remote patient monitoring market in 2019

      Based on the product, the remote patient monitoring market is segmented into software & services and devices. The software and services segment accounted for the largest share of the global remote patient monitoring market in 2019. The large share of this segment is mainly due to the increasing reimbursement for RPM programs and the rising number of chronic illnesses, thus leading to the growing adoption of RPM services across the globe.

      Providers segment accounted for the largest share of the remote patient monitoring market, by end user, in 2019

      Based on end users, the global remote patient monitoring market is broadly segmented into providers, payers, patients, and other end users. The providers segment accounted for the largest share of the global market in 2019. This can be attributed to the increased adoption of remote monitoring in chronically ill and old aged patients, advancements in RPM monitoring devices, and the increasing number of RPM services offered by providers.

      Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=77155492

      North America is the largest regional market for remote patient monitoring in 2019

      In 2019, North America accounted for the largest share of the remote patient monitoring market, followed by Europe. The large share of North America in the RPM market can be attributed to the rising prevalence of chronic conditions, the need to reduce healthcare expenditure, and the increasing overall & geriatric population.

      Key Players:

      Prominent players in the market are BioTelemetry Inc. (US), 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), ALTEN Calsoft Labs (France), Preventice Solutions (US), Bio-Beat Technologies (Israel), VitalConnect (US), Welch Allyn (US), Teladoc Health Inc. (US), Dexcom Inc. (US), iRhythm Technologies, Inc. (US), and VivaLNK Inc. (US).

      Speak to Analyst@ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=77155492

      About MarketsandMarkets™

      MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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