(MENAFN - GetNews) According to report published by Grand View Research, The global remote patient monitoring system market size was valued at USD 691.5 million in 2018 and is expected to register a CAGR of 13.4% over the forecast period.
The global remote patient monitoring system market is expected to reach USD 1.8 billion by 2026, according to a new report by Grand View Research Inc. It is projected to register a CAGR of 13.5% during the forecast period. Remote patient monitoring system, due to their capability to monitor various chronic conditions such as diabetes, cardiovascular conditions, and cancer, are expected to witness substantial growth in demand. Increasing incidence of cardiovascular diseases, rising geriatric population, and demand for independent and healthy living are the high impact rendering drivers.
Moreover, improving healthcare infrastructure, post-acute care management, and focus of key market players on emerging economies is also expected to fuel the growth of the remote patient monitoring system market. Rapid technological advancements are expected to lead towards the availability of a better option for healthcare practitioners and the patients, thereby promoting the growth.
Remote patient monitoring system encompass a wide array of technologies designed to manage, evaluate, notify, intervene, and modify the treatment plan as required. The remote patient monitoring system are most commonly used to reduce the progression of chronic disorders and to enhance recovery after getting discharged from an acute care unit. These technologies also alert caregivers for prompt intervention through any vulnerable condition.
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Further key findings from the report suggest:
Browse Details of Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/remote-patient-monitoring-devices-market
Grand View Research has segmented the global remote patient monitoring System market on the basis of product, application, end use, and region:
Remote Patient Monitoring System Product Outlook (Revenue, USD Million, 2015 - 2026)
Remote Patient Monitoring System Application Outlook (Revenue, USD Million, 2015 - 2026)
Key Topics Covered
Table of Content
Chapter 1 Methodology and Scope 1.1 Segment Market Scope 1.2 Regional Scope 1.3 Estimates and Forecast Timeline Chapter 2 Methodology 2.1 Research Methodology 2.1.1 Information Procurement 2.2 Information or Data Analysis 2.3 Market Formulation & Validation 2.4 Model Details 2.4.1 Commodity Flow Analysis (Model 1) 2.4.1.1 Approach 1: Commodity Flow Approach 2.4.2 Volume Price Analysis (model 2) 2.4.2.1 Approach 2: Volume Price Analysis 2.5 List of Secondary Sources 2.6 List of Primary Sources 2.7 List of Abbreviations 2.8 Objectives 2.8.1 Objective 1: 2.8.2 Objective 2: Chapter 3 Executive Summary 3.1 Market Outlook 3.2 Segment Outlook 3.3 Competitive Insights
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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