Global Remote Patient Monitoring Market to Grow at a CAGR of 15.30% During 2017-2021 - Medtronic, Boston Scientific, Abbott, Koninklijke Philips, GE Healthcare

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Albany, NY -- (SBWire) -- 09/18/2017 --Remote patient monitoring is a branch of telemedicine that focuses on providing healthcare services to patients with chronic diseases in their homes. Caregivers can use the remote interface to gather patient data. The highest market demand for remote patient monitoring is for cardiac procedures; they are also used to monitor diseases such as respiratory disorders, diabetes, mental illness, and cardiovascular diseases and blood pressure, thereby driving market growth.

The global remote patient monitoring market to grow at a CAGR of 15.30% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global remote patient monitoring market for 2017-2021. To calculate the market size, the report considers sales, volume, and value of the remote patient monitoring market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Remote Patient Monitoring Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Medtronic
- Boston Scientific
- Abbott
- Koninklijke Philips
- GE Healthcare

Other prominent vendors
- Aerotel Medical Systems
- Honeywell HomMed
- Masimo
- Nihon Kohden
- Microlife Corporation
- Napier Healthcare
- Dexcom
- ResMed
- mTelehealth
- CareTaker Medical
- VitalSignals Enterprises
- Ostar Healthcare Technology

Market driver
- Increasing consumer trend toward online medical purchase
- For a full, detailed list, view our report

Market challenge
- High cost of monitoring devices and procedures
- For a full, detailed list, view our report

Market trend
- Paradigm shift toward home-based healthcare
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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