Dublin, July 30, 2024 (GLOBE NEWSWIRE) — The “U.S. Remote Patient Monitoring System Market Size, Share & Trends Analysis Report by Product (Specialized Monitors), Application, Infections, End-use, and Segment Forecasts, 2024-2030” report has been added to ResearchAndMarkets.com’s offering.
The U.S. remote patient monitoring system market size is anticipated to reach USD 6.3 billion by 2030, growing at a CAGR of 18.4%
The increasing incidence of chronic diseases, such as diabetes, hypertension, and heart diseases has led to a higher demand for remote patient monitoring systems. These systems help manage chronic conditions more effectively, reducing hospitalizations and improving patient outcomes.
The U.S. healthcare system is moving towards value-based care, which emphasizes better patient outcomes and cost efficiency. Remote patient monitoring systems align with this shift, as they help reduce healthcare costs and improve patient outcomes. Remote patient monitoring systems enable early detection of health issues, allowing for timely interventions and better preventive care. This has led to increased adoption of these systems in the U.S. market.
According to the Centers for Disease Control and Prevention (CDC), in 2021, hypertension was a primary or one of the major contributing causes of the 691,095 deaths in the U.S. The treatment of chronic diseases such as diabetes and hypertension require routine testing and monitoring, due to which, these remote patient monitoring devices are needed. The incensing cases of diabetes in the U.S., in turn, drives the demand of these devices.
U.S. Remote Patient Monitoring System Market Report Highlights
- Specialized monitors dominated the product segment with more than 80.0% share in 2023 owing to their specific parameters with greater accuracy compared to the general devices
- The vital sign monitors product segment is expected to grow at the fastest CAGR over the forecast period
- The diabetes application segment held the largest market share in 2023. Diabetic patients often need to monitor their blood glucose levels multiple times a day to maintain optimal control
- The sinus infections application segment accounted for the largest market share in 2023, owing to their complications and significant role played by remote patient monitoring systems in diagnosing and preventing further infection
Companies Featured
- Welch Allyn
- Smiths Medical
- Abbott
- Boston Scientific Corporation
- Drager Medical
- GE Healthcare
- Honeywell
- Johnson & Johnson
- LifeWatch
- Medtronic
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 85 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $1.95 Billion |
| Forecasted Market Value (USD) by 2030 | $6.3 Billion |
| Compound Annual Growth Rate | 18.4% |
| Regions Covered | United States |
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Product
2.2.2. Application
2.2.3. Infection
2.2.4. End-use
2.3. Competitive Insights
Chapter 3. U.S. Remote Patient Monitoring System Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.2.1.1. Rising incidence of diseases such as diabetes
3.2.1.2. Technological advancements in healthcare
3.2.2. Market restraint analysis
3.2.2.1. Stringent regulations & approvals
3.3. U.S. Remote Patient Monitoring System Market Analysis Tools
3.3.1. Industry Analysis – Porter’s
3.3.2. PESTEL Analysis
Chapter 4. U.S. Remote Patient Monitoring System Market: Product Estimates & Trend Analysis
4.1. Product Market Share, 2023 & 2030
4.2. Segment Dashboard
4.3. U.S. Remote Patient Monitoring System Market by Product Outlook
4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the Following
4.4.1. Vital sign monitors
4.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.1.2. Blood pressure monitors
4.4.1.3. Pulse oximeters
4.4.1.4. Heart rate monitor (ECG)
4.4.1.5. Temperature monitor
4.4.1.6. Respiratory rate monitor
4.4.1.7. Brain monitoring (EEG)
4.4.2. Specialized monitors
4.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.2.2. Anesthesia monitors
4.4.2.3. Blood glucose monitors
4.4.2.4. Cardiac rhythm monitor
4.4.2.5. Respiratory monitor
4.4.2.6. Fetal heart monitors
4.4.2.7. Prothrombin monitors
4.4.2.8. Multi parameter monitors (MPM)
4.4.2.9. Others (Ventilators, Infusion Pumps and others)
Chapter 5. U.S. Remote Patient Monitoring System Market: Application Estimates & Trend Analysis
5.1. Application Market Share, 2023 & 2030
5.2. Segment Dashboard
5.3. U.S. Remote Patient Monitoring System Market by Application Outlook
5.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the Following
5.4.1. Cancer
5.4.2. Cardiovascular diseases
5.4.3. Diabetes
5.4.4. Sleep disorder
5.4.5. Weight management and fitness monitoring
5.4.6. Bronchitis
5.4.7. Infections
5.4.8. Virus
5.4.9. Dehydration
5.4.10. Hypertension
Chapter 6. U.S. Remote Patient Monitoring System Market: Infection Estimates & Trend Analysis
6.1. Infection Market Share, 2023 & 2030
6.2. Segment Dashboard
6.3. U.S. Remote Patient Monitoring System Market by Infection Outlook
6.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the Following
6.4.1. Eye infections
6.4.2. Sinus infections
6.4.3. Strep throat
Chapter 7. U.S. Remote Patient Monitoring System Market: End-use Estimates & Trend Analysis
7.1. End-use Market Share, 2023 & 2030
7.2. Segment Dashboard
7.3. U.S. Remote Patient Monitoring System Market by End-use Outlook
7.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the Following
7.4.1. Hospital-based patients
7.4.2. Ambulatory patients
7.4.3. Home healthcare
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company/Competition Categorization
8.3. Vendor Landscape
8.3.1. List of key distributors and channel partners
8.3.2. Key customers
8.3.3. Key company heat map analysis, 2023
8.4. Company Profiles
8.4.1. Company overview
8.4.2. Financial performance
8.4.3. Product benchmarking
8.4.4. Strategic initiatives
For more information about this report visit https://www.researchandmarkets.com/r/gi907u
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