Remote Patient Monitoring Market Industry Report 2025-2035, with Profiles of BioTelemetry, Braster, LeewayHertz, LifeWatch, Masimo, Medtronic, Siemens Healthineers, and Transtek Medical - ResearchAndMarkets.com
Remote Patient Monitoring Market Industry Report 2025-2035, with Profiles of BioTelemetry, Braster, LeewayHertz, LifeWatch, Masimo, Medtronic, Siemens Healthineers, and Transtek Medical - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Remote Patient Monitoring Market Industry Trends and Global Forecasts to 2035: Distribution by Type of Software, Application Area, Therapeutic Area, Product/Software Purpose, Type of Business Model, and Key Geographical Regions" report has been added to ResearchAndMarkets.com's offering.
The global remote patient monitoring market is estimated to grow from USD 9.4 billion in 2025 to USD 88 billion by 2035, at a CAGR of 25% during the forecast period, till 2035.
Remote Patient Monitoring Market: Growth and Trends
Over the years, the incidence of chronic conditions, such as diabetes, autoimmune diseases, heart diseases, and cancer has risen significantly. In fact, a recent report from the Center for Managing Chronic Disease at the University of Michigan reported that over 50% of the US population is affected by some form of chronic disease. Consequently, there is an urgent need for frequent monitoring to manage disease indications. However, some patients fail to report health issues to healthcare providers in time, which can lead to severe consequences and increased healthcare costs. In this context, remote patient monitoring has emerged as a potential solution for healthcare providers that enables them to monitor vital health signs in home care settings.
The initiation of the concept of remote patient monitoring system (RPM) started nearly 200 years ago in 1800s. However, it wasn't until the introduction of cloud computing that the domain evolved at a significant pace. In fact, remote patient monitoring system solutions were gradually integrated into mainstream healthcare, specifically during the COVID-19 induced lockdown. These advanced tools and software solutions enabled and eased monitoring of patient health significantly during that period. These advanced devices utilize AI and biosensors to monitor vital signs like oxygen levels, blood pressure, heart rate, respiratory rate, blood glucose level, and other key signs in real time. Presently, several companies are focused on the development of remote patient monitoring systems.
Remote Patient Monitoring Market: Key Insights
The report delves into the current state of the remote patient monitoring market and identifies potential growth opportunities within industry.
Some key findings from the report include:
- At present, more than 170 players claim to have the required capabilities to offer remote patient monitoring solutions for use across a range of application areas.
- Tools / software solutions for remote patient monitoring are being investigated across different types of software and are designed to target different therapeutic areas.
- In order to gain a competitive edge, remote patient monitoring solution developers are actively undertaking initiatives to integrate advanced features in their respective solutions and affiliated offerings.
- Over the years, industry players have established several deals to further advance the development / enable the improvement of their proprietary software solutions.
- To support the ongoing innovation in this field, private and public investors have made substantial capital investments of worth USD 2.5 billion.
- Given the favourable increase in demand for various remote patient monitoring solutions during the COVID-19 pandemic, the overall market is poised to grow at a CAGR of over 25%, till 2030.
- The projected opportunity is expected to be well distributed across different areas of application, types of business model and key geographical regions.
Key Players in the Remote Patient Monitoring Market, Profiled in the Report Include:
- BioTelemetry
- Braster
- LeewayHertz
- LifeWatch
- Masimo
- Medtronic
- Siemens Healthineers
- Transtek Medical
Remote Patient Monitoring Market: Research Coverage
- Market Sizing and Opportunity Analysis: The report features an in-depth analysis of the global remote patient monitoring market, focusing on key market segments, including type of software, application area, therapeutic area, product / software purpose, type of business model and key geographical regions.
- Market Landscape: A comprehensive evaluation of the companies engaged in providing remote patient monitoring consultation tools and software. Additionally, a comprehensive evaluation of consultation tools and software.
- Company Profiles: In-depth profiles of key players that are engaged in the development of remote patient monitoring software, focusing on overview of the company, financial information, product portfolio and recent developments and an informed future outlook.
- Partnerships and Collaborations: An insightful analysis of the deals inked by stakeholders in the remote patient monitoring market.
- Funding and Investments: An in-depth analysis of the fundings raised by remote patient monitoring companies, based on relevant parameters, such as year of funding instances, amount invested, type of funding, geographical analysis, most active players and most active investors.
- Product Competitiveness Analysis: A comprehensive competitive analysis of remote patient monitoring software, examining factors, such as supplier power and key product-related specifications.
- Cost Saving Analysis: A comprehensive analysis of cost saving potential associated with the use of remote patient monitoring consultation tools and software solutions, examining factors, such as number of patient visits and increase in efficiency by adoption of remote patient monitoring software solutions.
- Case Study: An insightful discussion on how the COVID-19 pandemic impacted the remote patient monitoring software market, accompanied by information on the important initiatives that were undertaken by players to overcome the challenges faced due to the pandemic.
- SWOT Analysis: An analysis of industry affiliated trends, opportunities and challenges, which are likely to impact the evolution of remote patient monitoring market; it includes a Harvey ball analysis, assessing the relative impact of each SWOT parameter on industry dynamics.
Reasons to Buy this Report
- The report provides a comprehensive market analysis, offering detailed revenue projections of the overall market and its specific sub-segments. This information is valuable to both established market leaders and emerging entrants.
- Stakeholders can leverage the report to gain a deeper understanding of the competitive dynamics within the market. By analyzing the competitive landscape, businesses can make informed decisions to optimize their market positioning and develop effective go-to-market strategies.
- The report offers stakeholders a comprehensive overview of the market, including key drivers, barriers, opportunities, and challenges. This information empowers stakeholders to stay abreast of market trends and make data-driven decisions to capitalize on growth prospects.
Additional Benefits
- Complimentary PPT Insights Packs
- Complimentary Excel Data Packs for all Analytical Modules in the Report
- 15% Free Content Customization
- Detailed Report Walkthrough Session with Research Team
Key Topics Covered:
1. PREFACE
2. EXECUTIVE SUMMARY
3. INTRODUCTION
4. MARKET LANDSCAPE
4.1. Chapter Overview
4.2. Remote Patient Monitoring Consultation Tools and Software: Overall Market Landscape
4.3. Remote Patient Monitoring Consultation Tools and Software: Solution Providers Landscape
5. COMPANY PROFILES
Players based in North America
- BioTelemetry
- LeewayHertz
- Masimo
Players based in Europe
- Braster
- LifeWatch
- Medtronic
- Siemens Healthineers
Players based in Asia-Pacific
- Transtek Medical
6. PARTNERSHIPS AND COLLABORATIONS
6.1. Chapter Overview
6.2. Partnership Models
6.3. Remote Patient Monitoring Consultation Tools and Software Providers: Recent Partnerships and Collaborations
7. FUNDING AND INVESTMENT ANALYSIS
7.1. Chapter Overview
7.2. Types of Funding
7.3. Remote Patient Monitoring Consultation Tools and Software Providers: Funding and Investment Analysis
8. PRODUCT COMPETITIVENESS ANALYSIS
8.1. Chapter Overview
8.2. Methodology
8.3. Assumptions / Key Parameters
8.4. Product Competitiveness: Software as a Service
8.5. Product Competitiveness: Software as a System
9. COST SAVING ANALYSIS
9.1. Chapter Overview
9.2. Key Assumptions and Methodology
9.3. Remote Patient Monitoring Solutions: Overall Cost Saving Potential
10. MARKET FORECAST
10.1. Chapter Overview
10.2. Forecast Methodology and Key Assumptions
10.3. Global Remote Patient Monitoring Consultation Tools and Software Providers Market, 2021-2035
10.4. Distribution by Type of Area of Application
10.5. Distribution by Therapeutic Area
10.6. Distribution by Purpose of Software
10.7. Distribution by Type of Business Model
10.8. Distribution by Geography
11. IMPACT OF COVID-19 PANDEMIC ON DIGITAL SOLUTIONS FOR BIOMARKERS MARKET
11.1. Chapter Overview
11.2. Impact of COVID-19 on Telemedicine and Remote Patient Monitoring
11.3. Recuperative Initiatives of Key Players
11.4. Recuperative Strategies for Businesses
12. SWOT ANALYSIS
13. CONCLUSION
14. INTERVIEW TRANSCRIPTS
- AltumView System
For more information about this report visit https://www.researchandmarkets.com/r/i9ux25
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