Global Remote Health Monitoring Market Segments 2024, Forecast To 2033
5 Mar, 2024
The remote health monitoring market has grown rapidly, escalating from $4.84 billion in 2023 to $5.63 billion in 2024, demonstrating a robust CAGR of 16.3%. Growth is attributed to the aging population, telemedicine adoption, and cost-efficient healthcare delivery. Expectations for rapid growth continue, projecting a market size of $9.73 billion in 2028, sustaining a CAGR of 14.7%. Key drivers include the expansion of IoT in healthcare and a focus on preventive healthcare.
Global Remote Health Monitoring Market Key Driver
The rising global old age population significantly contributes to the growth of the remote health monitoring market. The global population aged over 60 is projected to reach 2.1 billion in 2050, emphasizing the market's potential.
Get A Free Sample Of The Global Remote Health Monitoring Market ReportGlobal Remote Health Monitoring Market Segments
The remote health monitoring market covered in this report is segmented –
1) By Devices: Respiratory monitoring, Blood glucose monitoring, Cardiac monitoring, Multi-parameter monitoring
2) By Application: Cancer Treatment, Cardiovascular Diseases, Diabetes Treatment, Sleep Disorder, Weight Management and Fitness Monitoring, Other Applications
3) By End-User: Home Care Settings, Hospitals/Clinics, Other End-Users
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the remote health monitoring market in 2023. The regions covered in the remote health monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Remote Health Monitoring Industry Players
Nihon Kohden Corporation; Koninklijke Philips NV; Omron Corporation; F. Hoffmann-La Roche Ltd.; American Telecare Inc.; Welch Allyn Inc.; Boston Scientific Corporation; GE Healthcare Company; Masimo Corporation; Vitls Inc.; Abbott Laboratories; Biotronik SE & Co. KG; LifeWatch AG; Athelas Inc.; Capterra Inc.; Dexcom Inc.; Senseonics Holdings Inc.; AT&T Inc.; Medtronic plc; Resideo Technologies Inc.; Health Recovery Solutions Inc.; Babyscripts Inc.; TytoCare Ltd.; Accuhealth Inc.; Vivify Health Inc.; Get Well Network Inc.; VitalTech Holdings Inc.; Rimidi Inc.; SeamlessMD Inc.; Raziel Health Inc.; Conversa Health Inc.; Livongo Health Inc.
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AIOps Remote Health Monitoring Market Overview
Remote health monitoring refers to the use of technology to monitor patients in non-clinical settings, such as the home. This healthcare delivery technique benefits patients, physicians, caregivers, and the healthcare system by leveraging technological improvements to collect patient data outside typical healthcare facilities.
Remote Health Monitoring Global Market Report 2023 provides data on the global remote health monitoring market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The remote health monitoring market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.