Market revenue in 2023 | USD 17.7 million |
Market revenue in 2030 | USD 59.5 million |
Growth rate | 18.9% (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 82.49% in 2023. Horizon Databook has segmented the Thailand remote patient monitoring devices market based on vital sign monitors, specialized monitors covering the revenue growth of each sub-segment from 2018 to 2030.
The Khon Kaen smart health project, which is a collaboration between academia, local hospitals, businesses, and government agencies, was anticipated to be completed in 2019.
The project aims to integrate preventive healthcare services, healthcare analytics, smart ambulances, and blockchain technology, which will boost market demand. Furthermore, with nearly 147% mobile penetration and more than 20 million smartphone users, Thailand is anticipated to be an attractive market for healthcare technology start-ups.
In addition, according to the World Bank Group, the country’s population aged 65 and above accounted for nearly 11.4% of the total population in 2017 and around 12.4% in 20191. The rise in the geriatric population is anticipated to increase the demand for long-term and home care services, thereby fueling the demand for remote patient monitoring devices.
Horizon Databook provides a detailed overview of country-level data and insights on the Thailand remote patient monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Thailand remote patient monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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