Posted 12/4/2023, 2:00:00 AM
North American Demand and Advances in Tech to Drive $1.73 Billion Growth of Remote Patient Monitoring Market Through 2027
- North America will account for 46% of remote patient monitoring market growth during 2023-2027 due to increasing awareness of benefits, work pressure in healthcare, and advances in data collection tech
- Market expected to grow at 22.22% CAGR and register incremental growth of $1.73 billion over forecast period
- Growth driven by cost benefits of remote monitoring, emergence of digital healthcare and Healthcare 4.0, and need for healthcare in remote areas
- Market segmented by product (vital signs and implantable) and geography (North America, Europe, Asia, Rest of World)
- Vendor profiles provided for key players like Abbott, Advantech, Boston Scientific, Draegerwerk, Honeywell, Philips, Masimo, Medtronic, and more