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Remote Patient Monitoring Devices Market Share

Report ID: GMI5563
Published Date: Aug 2024
Report Format: PDF

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Remote Patient Monitoring Devices Market Share

The remote patient monitoring devices industry is characterized by intense competition, with both major global companies and smaller to medium-sized firms vying for market dominance. A key component of market strategy is the consistent launch of innovative products utilizing various technologies. Major industry leaders play a significant role in driving innovation by making substantial investments in research and development. Moreover, strategic partnerships, acquisitions, and mergers are crucial for strengthening market positions and enhancing international presence.

Remote Patient Monitoring Devices Market Companies

Some of the eminent market participants operating in the remote patient monitoring devices industry include:

Abbott Laboratories
Cerner Corporation
Baxter International Inc.
Boston Scientific Corporation
DexCom, Inc.
F. Hoffmann-La Roche Ltd
General Electric Company
Johnson & Johnson
Koninklijke Philips N.V
Medtronic plc
OMRON Corporation
Siemens Healthineers AG
VitalConnect

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Remote patient monitoring devices industry size was valued USD 15.8 billion in 2023 and will expand at 11.7% CAGR between 2024 and 2032, owing to the increasing prevalence of chronic diseases, aging populations, and the rising demand for home-based healthcare solutions.

The cardiac devices segment will reach USD 9.8 billion by 2032, fueled by the high prevalence of cardiovascular diseases globally.

U.S. remote patient monitoring devices industry will garner USD 14.8 billion by 2032 due to advanced healthcare infrastructure, high prevalence of chronic diseases, and strong adoption of telehealth solutions.

Key players operating in the remote patient monitoring devices industry are Abbott Laboratories, Cerner Corporation, Baxter International Inc., Boston Scientific Corporation, DexCom, Inc., F. Hoffmann-La Roche Ltd, General Electric Company, Johnson & Johnson, Koninklijke Philips N.V, Medtronic plc, OMRON Corporation, Siemens Healthineers AG, and VitalConnect, among others.