Global remote patient monitoring devices market is expected to reach USD 1.7 billion by 2024, according to a new report by Grand View Research Inc. Remote patient monitoring devices, due to their capability to monitor various chronic conditions such as diabetes, cardiovascular conditions, and cancer are expected to witness substantial growth over the forecast period.
Increasing incidences of cardiovascular diseases, rising geriatric population base and the growing demand for independent and healthy living by them are high impact rendering drivers for remote patient monitoring devices market. Moreover, improving healthcare infrastructure, increasing post-acute care management and growing focus of key market players on emerging economies is also expected to fuel the growth of this market.
Rapid technological advancement occurring in remote patient monitoring devices market is expected to lead towards availability of better option for healthcare practitioners and the patients, thereby promoting the growth of remote patient monitoring devices market. Remote patient monitoring devices encompass a wide array of technologies designed to manage, evaluate, notify, intervene, and modify the treatment plan as required.
The remote patient monitoring devices are most commonly used to slow the progression of chronic disorders and enhance recovery after getting discharged from an acute care unit. Remote patient monitoring technologies also alerts caregivers for prompt intervention through any vulnerable condition.
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Further key findings from the study suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global remote patient monitoring devices market on the basis of products, application, end-use and region:
Global Remote Patient Monitoring Devices Product Outlook (Revenue, USD Million, 2012 - 2022)
Global Remote Patient Monitoring Devices Application Outlook (Revenue, USD Million, 2012 - 2022)
Global Remote Patient Monitoring Devices End-Use Outlook (Revenue, USD Million, 2012 - 2022)
Global Remote Patient Monitoring Devices Regional Outlook (Revenue, USD Million, 2012 - 2022)
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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