Overview

Remote Patient Monitoring Software and Services Market is poised to value over USD 2.7 billion during the forecast period 2022 to 2028.

In Remote Patient Monitoring (RPM), patients are monitored outside of traditional clinical settings, such as in the home or remotely, which may improve access to care and lower healthcare costs. RPM refers to the continuous monitoring of patients by their physicians, usually to track symptoms, chronic conditions, or rehab after hospitalization.

The customised telemedicine software functions as a bridge between caregiver and patient by providing a communication platform for remote and real-time monitoring of patients. This step-change, which was necessitated by COVID-19, has altered the whole market for remote patient monitoring systems. Consumers are more inclined to join the app as a result of this modification, which has increased recovery rates. It has also boosted the desire of providers to utilise the app, as well as providing more access and reimbursements. According to the Centres for Disease Control and Prevention (CDC), hypertension affects approximately 100 million individuals in the United States. Hypertension raises the risk of heart disease even more.

The American Heart Association (AHA) also backs programmes to make remote patient monitoring (RPM) more accessible for improved health management. Device makers' efforts to produce innovative goods are projected to fuel the market's expansion. Philips and BioIntelliSense, for example, signed a strategic partnership in July 2021 to improve remote patient monitoring technologies. Philips has included the BioSticker gadget from the latter in its remote patient monitoring (RPM) portfolio. It's a wearable gadget that keeps track of COVID-19 symptoms while also monitoring chronic diseases.

Remote Patient Monitoring has been utilized extensively during the COVID-19 pandemic and allowed other fields such as psychology and cardiology to utilize virtual care. It is predicted that the Remote Patient Monitoring industry will double in the near future due to factors such as the COVID-19 pandemic and increased at-home care. Remote Patient Monitoring has been proven to improve physician management, improve patient compliance, and decrease the costs of care.

FutureWise Market Research has instantiated a report that provides an intricate analysis of Remote Patient Monitoring Software and Services Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.

According to the research study conducted by FutureWise research analysts, the Remote Patient Monitoring Software and Services Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.

Major players included in the Remote Patient Monitoring Software and Services Market:
• OSPLabs
• Wipro Ltd.
• MedM Inc.
• LeewayHertz
• Taazaa
• Medtronic PLC
• Welkin Health, Inc.
• Resideo Life Care Solutions
• Koninklijke Philips N.V.
(Note: The list of the major players will be updated with the latest market scenario and trends)

Remote Patient Monitoring Software and Services Market Segmentation:
By Type
• Software
  o Web based
  o On Cloud
• Services

By Application
• Cancer Treatment
• Cardiovascular Diseases 
• Diabetes Treatment
• Sleep Disorder
• Weight Management and Fitness Monitoring
• Other

By End user
• Healthcare Providers
• Healthcare Payers & Patients

By Region
North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Remote Patient Monitoring Software and Services Market Sample Video:

Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants

FutureWise Key Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth

Objectives of the Study:
• To provide with an exhaustive analysis on the Remote Patient Monitoring Software and Services Market By Type, By Application, By End user and By Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions

Flexible Delivery Model:
• We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
• The customization Mobility Care offered are free of charge with purchase of any license of the report
• You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics