Market revenue in 2023 | USD 1,791.7 million |
Market revenue in 2030 | USD 5,839.7 million |
Growth rate | 18.4% (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 |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
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 U.S. 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 U.S. remote patient monitoring devices market is expected to showcase significant growth over the forecast period owing to advancements in technology. Increasing geriatric population is one of the major factors driving market growth in the country.
For instance, according to the Population Reference Bureau, the number of Americans aged 65 years or above is expected to increase from 52.0 million in 2018 to 95.0 million by 2026, and this age group’s share of the overall population is likely to rise from 16% to 23%.
As elderly people prefer home healthcare services, the increasing geriatric population is expected to boost the demand for remote monitoring devices in the country during the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. remote patient monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into U.S. remote patient monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account