Remote Patient Monitoring Software Market to Exhibit a Remarkable CAGR by 2029
Remote patient monitoring (RPM) allows healthcare providers to use apps and wireless devices to monitor and collect medical and health data. It is linked to a slew of advantages. For instance, RPM improves adherence because 45% of people with chronic conditions consistently forget to take medications without assistance. Apps, Bluetooth devices, and wearable monitors are increasingly being used to connect patients to their doctors and help them stay on top of their health. According to Insider Intelligence, 30 million patients in the United States will use remote patient monitoring tools by 2024. Remote patient monitoring is convenient and effective now that everyone has a mobile device, allowing people to take control of their health.
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Data Bridge Market Research analyses that the remote patient monitoring software market projected to grow during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
The remote patient monitoring software market is analyzed and market size insights and trends are provided by country, types, application and end- use as referenced above.
The countries covered in the remote patient monitoring software market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the remote patient monitoring software market due to the increasing incidence of chronic diseases in the region and rising geriatric population, rising demand to curb healthcare costs.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 owing to the growing medical tourism and constantly improving healthcare infrastructure.
The remote patient monitoring software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to remote patient monitoring software market.
Some of the major players operating in the remote patient monitoring software market are:
- NIHON KOHDEN CORPORATION (Japan)
- Capsule Technologies, Inc. (U.S.)
- Honeywell International Inc. (U.S.)
- Welch Allyn (U.S.)
- Medtronic (Ireland)
- Abbott (U.S.)
- Intelesens Ltd. (U.K.)
- BIOTRONIK SE & Co. KG (Germany)
- Aerotel Medical Systems Ltd. (Israel)
- General Electric (U.S.)
- Boston Scientific Corporation (U.S.)
- Koninklijke Philips N.V. (Netherlands)
- AMD Global Telemedicine (U.S.)
- Mindray Medical India Pvt. Ltd. (China)
- LifeWatch AG (Switzerland)
- Teladoc Health, Inc. (U.S.)
- Siemens Healthineers AG (Germany)
- Caretaker Medical LLC (U.S)
- OMRON Healthcare Inc. (Japan)
- BioIntelliSense Inc. (U.S.);
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