Market revenue in 2023 | USD 41.0 million |
Market revenue in 2030 | USD 126.8 million |
Growth rate | 17.5% (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 82.44% in 2023. Horizon Databook has segmented the Saudi Arabia remote patient monitoring devices market based on vital sign monitors, specialized monitors covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Lancet, Saudi Arabia has the fastest-growing population among the Gulf Cooperation Council countries and is expected to reach more than 35 million people by 2025. Thus, the demand for unified and efficient healthcare services is expected to witness a steady rise.
Saudi Arabia’s remote patient monitoring market is expected to exhibit lucrative growth as the government is promoting public-private partnerships, which is expected to improve access to advanced medical technologies.
Government initiatives and lifestyle-based disorders mainly drive the demand for healthcare-related products. In 2019, approximately 35% of adults in the country were obese, while more than 6.5% had high blood pressure.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia remote patient monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia remote patient monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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