In the medical field, monitoring of the patient suffering from a chronic condition is one of the important aspects. This monitoring can be continuous, by measuring certain parameters by using a monitor (for example, by constantly measuring parameters by a bedside monitor), or by repeatedly performing medical tests with devices like glucose meters.
MARKET DYNAMICS
The digital patient monitoring devices market is expected to grow in the forecast, owing to factors such as increasing focus towards fitness and healthy lifestyle, rising prevalence of Lifestyle-associated diseases like hypertension and diabetes, and technological advancements in patient monitoring devices. Furthermore, the introduction of wearable devices by market players are likely to pose significant opportunities for the market to grow.
MARKET SCOPE
The "Global Digital patient monitoring devices market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of digital patient monitoring devices market with detailed market segmentation by type, product and geography. The global digital patient monitoring devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Digital patient monitoring devices market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global digital patient monitoring devices market is segmented on the basis of type, and product. Based on type the market is segmented into wireless sensor technology, mhealth, telehealth, wearable devices, and remote patient monitoring. The product market is segmented into diagnostic monitoring devices, therapeutic monitoring devices.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Digital patient monitoring devices market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The digital patient monitoring devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting digital patient monitoring devices market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Digital patient monitoring devices market in these regions.
MARKET PLAYERS
The reports cover key developments in the digital patient monitoring devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from digital patient monitoring devices market are anticipated to lucrative growth opportunities in the future with the rising demand for digital patient monitoring devices market in the global market. Below mentioned is the list of few companies engaged in the digital patient monitoring devices market.
The report also includes the profiles of digital patient monitoring devices market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- General Electric Company
- AT and T INC.
- athenahealth, Inc.
- Abbott
- Koninklijke Philips N.V.
- Welch Allyn
- Omron Healthcare, Inc.
- Fitbit, Inc.
- Medtronic
- Garmin Ltd.