Canada Remote Patient Monitoring Software And Services Market Size & Outlook

The remote patient monitoring software and services market in Canada is expected to reach a projected revenue of US$ 3,971.9 million by 2030. A compound annual growth rate of 31.5% is expected of Canada remote patient monitoring software and services market from 2024 to 2030.
Revenue, 2023 (US$M)
$583.5
Forecast, 2030 (US$M)
$3,971.9
CAGR, 2024 - 2030
31.5%
Report Coverage
Canada

Canada remote patient monitoring software and services market, 2018-2030 (US$M)

Canada

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Canada remote patient monitoring software and services market highlights

  • The Canada remote patient monitoring software and services market generated a revenue of USD 583.5 million in 2023 and is expected to reach USD 3,971.9 million by 2030.
  • The Canada market is expected to grow at a CAGR of 31.5% from 2024 to 2030.
  • In terms of segment, services was the largest revenue generating type in 2023.
  • Services is the most lucrative type segment registering the fastest growth during the forecast period.


Remote patient monitoring software and services market data book summary

Market revenue in 2023USD 583.5 million
Market revenue in 2030USD 3,971.9 million
Growth rate31.5% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentServices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationServices, Software
Key market players worldwideTeladoc Health Inc, Medtronic PLC, GE HealthCare Technologies Inc Common Stock, Siemens Healthineers AG ADR, OMRON Corp, BioIntelliSense, Philips


Other key industry trends

  • In terms of revenue, Canada accounted for 6.9% of the global remote patient monitoring software and services market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. remote patient monitoring software and services market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 28,584.7 million by 2030.

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Remote Patient Monitoring Software And Services Market Companies

Name Profile # Employees HQ Website

Canada remote patient monitoring software and services market outlook

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 software and services market will help companies and investors design strategic landscapes.


Services was the largest segment with a revenue share of 86.55% in 2023. Horizon Databook has segmented the Canada remote patient monitoring software and services market based on services, software covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Canada remote patient monitoring software and services market, including forecasts for subscribers. This country databook contains high-level insights into Canada remote patient monitoring software and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada remote patient monitoring software services market report size, by type, 2018-2030 (US$M)

Canada Remote Patient Monitoring Software And Services Market Share, 2023 & 2030 (US$M)

Canada remote patient monitoring software services market report size, by type, 2018-2030 (US$M)

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