Market revenue in 2023 | USD 105.2 million |
Market revenue in 2030 | USD 452.7 million |
Growth rate | 23.2% (CAGR from 2023 to 2030) |
Largest segment | Specialized monitors |
Fastest growing segment | Vital Sign Monitors |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Vital Sign Monitors, Specialized Monitors |
Key market players worldwide | shenzhen mindray automation equipment co., Nihon Kohden Corp, OMRON Corp, OSI Systems Inc, Koninklijke Philips NV, Roche Holding AG ADR, Welch Allyn, Smiths Group PLC, Abbott Laboratories, Boston Scientific Corp, Draegerwerk AG & Co KGaA, GE HealthCare Technologies Inc Common Stock, Honeywell International Inc, Johnson & Johnson, BioTelemetry, Medtronic PLC, Masimo Corp, Vital Farms Inc Ordinary Shares, BIOTRONIK, American Well Corp Ordinary Shares - Class A, CareValidate |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to remote patient monitoring devices market will help companies and investors design strategic landscapes.
Specialized monitors was the largest segment with a revenue share of 82.6% in 2023. Horizon Databook has segmented the India remote patient monitoring devices market based on vital sign monitors, specialized monitors covering the revenue growth of each sub-segment from 2018 to 2030.
In the Asia Pacific region, India is expected to witness lucrative growth over the forecast period owing to high untapped opportunities, increasing disposable income, and rising awareness.
As per an article published by PwC in 2016—Indian healthcare on the cusp of a digital transformation, the digital connectivity in India is anticipated to increase from 15% in 2014 to 80% in 2034, and rural internet users are anticipated to increase by 58% annually.
India’s focus on improving health outcomes by digitizing healthcare and high support to startups and entrepreneurs are further expected to boost innovation in the local market. Moreover, the growing use of smartphones, rising disposable incomes, and rising adoption of healthcare apps, especially among the younger Indian population, are also expected to facilitate the growth of remote patient monitoring in this country.
Horizon Databook provides a detailed overview of country-level data and insights on the India remote patient monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into India remote patient monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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