Press release
Europe Remote Patient Monitoring Market by Type, Application and End User
Remote Patient Monitoring is defined as the clinical or home monitoring of patients outside of the conventional settings with the aim of providing increased access to care and decrease healthcare costs. Adoption of remote patient monitoring for a person suffering from a chronic disease can raise his quality of life quite substantially.The Europe market is projected to reach USD 15.27 billion by 2021, at a CAGR of 13.2% from 2016 to 2021.Remote Patient Monitoring is voluntary. It allows patients to maintain independence and prevent medical complications while reducing personal costs at the same time. The family members as well the patient feel much more confident in their day-to-day activities knowing that they are monitored.
Europe Remote Patient Monitoring Market: Drivers & Restraints
The European Remote Patient Monitoring Market is expected to grow at a rapid pace due to the growing awareness among individuals about its potentials. The increase of research in the Remote Patient Monitoring space, rise in geriatric population and the rise in cases of chronic diseases and cancer cases are all factors that contribute to the growth of the Remote Patient Monitoring market. Inspite of the numerous pros, the Remote Patient Monitoring market is hampered by factors such as the costs associated with Remote Patient Monitoring and the unsteady and uneven reimbursement policies in the region.
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Europe Remote Patient Monitoring Market: Segmentation
By Type
• Breath Monitors
• Physical Activity Monitors
• Heart Monitors
• Haematological Monitors
• Multi-Sign Monitors
By Application
• Cancer Treatments
• Cardiovascular Diseases
• Diabetes Treatment
• Sleep Disorder
• Weight Management and Fitness Monitoring
By End User
• Hospitals
• Ambulatory Care Centres
• Home Healthcare
Europe Remote Patient Monitoring Market: Overview
The growing incidence of genetic diseases in the region unravels a host of new opportunities for Remote Patient Monitoring and its related applications. The transformation of Remote Patient Monitoring from being a service-driven market to a product-driven market is anticipated to further provide a push to the major companies operating in the segment for the expansion of their operations.
Europe Remote Patient Monitoring Market: Region-wise Outlook
The Europe Remote Patient Monitoring market is segmented based on geography as Italy, Spain, UK, Germany and France. The region accounts for the second largest market revenue worldwide, second only to North America. The development is concentrated around the western countries of the region where technological advancements can counter the restraints of the market resulting in a well-developed market.
Key Questions Answered
• What is the current and future Remote Patient Monitoring market outlook in Europe? What trends are affecting the Europe market?
• What is the competitive landscape and market share of major players in the Remote Patient Monitoring market space in Europe?
• What are the key, high growth markets that Remote Patient Monitoring systems manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the Remote Patient Monitoring systems currently on the market? How will emerging technologies fulfil these unmet needs?
• What is physician perception and market outlook of Remote Patient Monitoring?
• What are the challenges and barriers that have hindered widespread adoption of Remote Patient Monitoring systems?
Europe Remote Patient Monitoring Market: Key Players
Some of the key players influencing the Europe Remote Patient Monitoring market are Welch Allyn, Bosch, Johnson & Johnson, Intel, Roche, Philips Healthcare, Philips, Healthanywhere Inc, Honeywell, American Telecare, Biotronik, and Covidien Plc.
Reasons to buy Europe Remote Patient Monitoring Market Report:
• Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
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Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
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Mail: abhishek@marketdataforecast.com
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