PUBLISHER: iData Research Inc. | PRODUCT CODE: 1671820
PUBLISHER: iData Research Inc. | PRODUCT CODE: 1671820
The global remote patient monitoring market was valued at nearly $5.1 billion in 2024 and is projected to grow at a CAGR of 10.3%, reaching over $10 billion by 2031.
Remote patient monitoring systems allow healthcare providers to track patient health data outside of traditional healthcare settings, improving patient outcomes and reducing hospital readmissions.
The market is segmented into:
Market Trends
Key trends driving the market include:
Market Share Insights
Top Competitors in the Global Remote Patient Monitoring Market (2024):
1 Medtronic
* Market leader, primarily due to its partnership with the Veterans Health Administration's (VHA's) Care Coordination and Home Telehealth (CCHT) program.
2 Philips Healthcare
* Second-largest competitor, offering remote monitoring through its eCareCompanion(TM) platform, which connects via cellular or Wi-Fi networks to deliver cloud-based telehealth services.
3 Honeywell Life Sciences
* Third-largest competitor, offering the Genesis Touch(TM) v2 RPM device with 3G, 4G, and Wi-Fi connectivity. Honeywell also provides Genesis DM(TM) for symptom-specific management using voice-enabled DSSM tools.
Global Research Scope
* North America: U.S., Canada
* Latin America: Brazil, Mexico, Argentina, etc.
* Western Europe: U.K., Germany, France, Spain, Italy, etc.
* Central & Eastern Europe: Russia, Poland, Turkey, etc.
* Middle East: Saudi Arabia, UAE, Israel, etc.
* Asia Pacific: China, Japan, India, Australia, etc.
* Africa: South Africa, Nigeria, Egypt, etc.
Quantitative Coverage
Qualitative Coverage
Data Sources
Table of Contents