Market revenue in 2023 | USD 1,869.6 million |
Market revenue in 2030 | USD 6,069.1 million |
Growth rate | 18.3% (CAGR from 2023 to 2030) |
Largest segment | Specialized monitors |
Fastest growing segment | Vital Sign Monitors |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 82.54% in 2023. Horizon Databook has segmented the North America remote patient monitoring devices market based on vital sign monitors, specialized monitors covering the revenue growth of each sub-segment from 2018 to 2030.
North America is the most developed market for remote patient monitoring devices. The increasing use of remote patient monitoring for regular, continuous, and long-term monitoring of patients, along with reducing the frequency of hospital visits, is anticipated to fuel the growth of this market over the forecast period.
Additionally, the rise in chronic diseases that need routine monitoring, coupled with the presence of sophisticated healthcare infrastructure, is further likely to drive the market. These devices are being increasingly adopted by medical practitioners and patients due to their various advantages.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America remote patient monitoring devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America remote patient monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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