Advanced Remote Patient Monitoring Systems Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Advanced Remote Patient Monitoring Systems Market size is projected to reach US$ million by 2027, from US$ million in 2020, at a CAGR of 3% during 2021-2027.

Advanced remote patient monitoring systems are technologies that enable patient observation outside of hospitals and traditional clinics. Wireless technologies such as WLAN (Wireless Local Area Networks) and cellular networks increase connectivity between medical staff and patients to prevent discomfort and difficulties for critically ill patients in advance. Advanced remote patient monitoring systems consist of sophisticated peripherals that enable real-time video and audio services, enabling face-to-face communication between healthcare professionals and patients. It also helps reduce patient travel time to the clinic and improve medical consultations. In addition, the use of this technology helps to reduce mortality and increase the efficiency of health care resources. Additionally, the benefits of advanced remote patient monitoring systems include preventing emergency overcrowding, improving electronic health record maintenance, and managing large numbers of patients.

Market Segments

By Application

• Hospitals
• Home Health
• Nursing Homes
• Others

By Product

• Blood Management and Function Monitors
• Cardiac Event and Function Monitors
• Neurological Event and Function Monitors
• Respiratory Function Monitors

Key Players

Some of the leading players in advanced remote patient monitoring systems market include Abbott Laboratories, Drager Medical GmbH, Covidien Ltd., GE Healthcare, Masimo Corporation, Johnson and Johnson Inc., Mindray Medical International Ltd., Natus Medical Inc., Mortara Instrument Inc., Nihon Kohden Corporation, Omron Healthcare Co. Ltd., Nonin Medical Inc., Koninklijke Philips N.V., Roche Diagnostics Ltd. and others.

Scope of the Report

The research study analyzes the global Advanced Remote Patient Monitoring Systems industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Advanced Remote Patient Monitoring Systems Market Report

1. What was the Advanced Remote Patient Monitoring Systems Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Advanced Remote Patient Monitoring Systems Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Advanced Remote Patient Monitoring Systems Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.