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Remote Patient Monitoring (RPM) Market Projected to Reach Massively till 2027

Added: (Tue May 18 2021)

Pressbox (Press Release) - The report covers a forecast and an analysis of the Remote Patient Monitoring (RPM) Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2027 based on revenue and volume.

Overview of the Global Remote Patient Monitoring (RPM) Market:

The report spread across 150 pages is an overview of the Global Remote Patient Monitoring (RPM) Market. These report study based on the Remote Patient Monitoring (RPM) Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies. Remote Patient Monitoring (RPM) Market Research Report is a meticulous investigation of current scenario of the market, which covers several market dynamics.

The Global Remote Patient Monitoring (RPM) Market is accounted for $16.54 Billion in 2019 and is expected to reach $195.91 Billion by 2027 growing at a CAGR of 36.2% during the forecast period.

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According to the market report analysis, Remote patient monitoring (RPM) is a technology used to collect medical and health-related data from individuals at one location and electronically transmit it to a healthcare provider at another location. RPM is used to remotely monitor and analyze physiological parameters such as blood oxygen levels, vital signs, blood pressure, heart rate, and blood sugar, which improves the quality of care, quality of life, and allows early prediction of aggravations and exacerbations. This reduces the number of emergency department visits and the duration of hospitalization.

Some of the most important key factors driving the growth of the Global Remote Patient Monitoring (RPM) Market are advancements in telecommunications and increasing investments in telehealth & remote patient monitoring. However, informal usage of social media practices is hampering the market growth.

This comprehensive Remote Patient Monitoring (RPM) Market research report 2019 – 2027 includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.

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Major Key Players:

1 Abbott Laboratories

2 Vitalconnect

3 Bio-Beat Technologies

4 Biotelemetry, Inc.

5 Boston Scientific Corporation

6 Cerner Corporation

7 Dexcom, Inc.

8 GE Healthcare

9 Irhythm Technologies

10 Koninklijke Philips

11 Medtronic

12 Vivalnk Inc

13 Preventice Solutions

14 Resideo Life Care Solutions

15 Siemens Healthineers Ag

16 Teladoc Health Inc.

17 Vivify Health and More……………….

Market Segment by Products:

1 Services & Software

2 Devices

Market Segment by Applications:

1 Cancer Treatment

2 Cardiovascular Diseases

3 Sleep Disorder and Weight Management

4 Fitness Monitoring

5 Infections

6 Bronchitis

7 Dehydration

8 Virus

9 Hypertension

10 Neurological Disorders

11 Respiratory Disorders

12 Diabetes Treatment

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Global Business News:

GE Healthcare (May 10, 2021) - GE Healthcare Introduces a New Virtual Solution with AI Enabled Applications for Precision Health in Nuclear Medicine - To help provide nuclear medicine clinicians greater flexibility and more time with patients, GE Healthcare today unveiled Xeleris V – a new virtual processing and review solution. Xeleris V eliminates the need for a standalone nuclear medicine workstation so that clinicians can have secure access to data from various locations. This increase in access – paired with new AI-enabled applications and GE Healthcare’s large install base of nuclear medicine cameras – can simplify and enhance workflows to help clinicians quickly discover, diagnose, and treat patients with accuracy.

“As we work to rebuild, recover and reimagine healthcare going forward, we believe AI will be critical in helping healthcare systems maximize resources to more quickly and easily deliver personalized care,” explains Jean-Luc Procaccini, President & CEO, Molecular Imaging & Computed Tomography, GE Healthcare. “Xeleris V helps do just that, offering clinicians a new way of working that enables more time with patients and helps them reach quick, confident diagnoses using the latest innovative technologies across all their devices.”

Market research shows that 73 percent of radiologists expect operational efficiency to be the main challenge in the next 1-3 years, while 64 percent of surveyed clinicians note that physician burnout has intensified during the pandemic. These statistics highlight a growing need for increased flexibility, access and efficiency in healthcare today.

“No one wants to spend their day clicking through windows at a workstation, but today’s manual workflows –such as organ segmentation – are time-consuming, tedious and highly operator-dependent processes,” explains Michael Soussan, MD, PhD, Professor of Medicine and Chief of the Nuclear Medicine Department at Avicenne Hospital. “Automating these workflows and gaining easy access to reproducible and precise results is essential to providing quality patient evaluation and treatment.”

Removing the limitations of a traditional nuclear medicine workstation, Xeleris V offers clinicians a virtualized, flexible AI-powered solution that provides clinicians secure access to data from anywhere – helping them make personalized care decisions and treatment recommendations that are at the heart of precision health.

“With AI-based technologies, we gain speed, confidence and reproducibility – it is transforming the radiology imaging process by delivering precise results that can help expand the utilization of nuclear medicine to personalize the patient treatment pathway,” adds Professor Soussan, whose nuclear medicine team at Avicenne Hospital evaluated GE Healthcare’s new Q. Lung AI solution. “Even in my own practice, I’ve observed that as we gain the surgical team’s confidence by providing precise results, we have the opportunity to be more involved in guiding the individualized care provided to each patient.”

Table of Contents:

1 Executive Summary

2 Prefaces

3 Remote Patient Monitoring (RPM) Market Trend Analysis

4 Porters Five Force Analysis

5 Global Remote Patient Monitoring (RPM) Market, By Mode of Delivery

6 Global Remote Patient Monitoring (RPM) Market, By Product Type

7 Global Remote Patient Monitoring (RPM) Market, By Application

8 Global Remote Patient Monitoring (RPM) Market, By End User

9 Global Remote Patient Monitoring (RPM) Market, By Geography

10 Key Developments

11 Company Profiling

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Submitted by:Parag Pingale
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