North America Remote Patient Monitoring Devices Market is expected to grow from US$ 273.75 Mn in the year 2018 and is expected to reach US$ 604.07 Mn by 2027 growing at a CAGR of 9.5% over the forecast period.
North America Remote Patient Monitoring Devices Market
The North America Remote Patient Monitoring Devices Market is experiencing significant expansion. This growth is driven by a heightened demand for remote patient monitoring devices from U.S. hospitals & clinics and the burgeoning home healthcare sector. Additionally, the increase in the geriatric population in the U.S., the widespread implementation of the Meaningful Use Act, and the growing prevalence of cardiovascular diseases in both the U.S. and Mexico are all factors expected to substantially boost the market in the region during the forecast period.
The elderly population, defined as a group of people aged 65 and over, is poised to become one of the most significant social transformations of the twenty-first century. This demographic has been increasing rapidly across the globe. According to data published by the United Nations in 2017, there were an estimated 962 million people aged 60 or over in the world, which comprised 13% of the global population. This geriatric population is estimated to grow at a rate of 3% every year.
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North America Remote Patient Monitoring Devices Strategic Insights
Strategic insights for the North America Remote Patient Monitoring Devices provide a data-driven analysis of the industry landscape, covering current trends, key players, and regional characteristics. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market changes and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
NORTH AMERICA REMOTE PATIENT MONITORING - MARKET SEGMENTATION
North America Remote Patient Monitoring Devices Market: By Product
- Vital Sign Monitors
- Special Monitors
North America Remote Patient Monitoring Devices Market: By Application
- Cardiovascular Diseases Treatment
- Cancer Treatment
- Sleep Disorder Treatment
- Diabetes Treatment
- Weight Management & Fitness Monitoring
North America Remote Patient Monitoring Devices Market: By End user
- Hospitals & Clinics
- Ambulatory Care Centers
- Home Healthcare
North America Remote Patient Monitoring Devices Market: By Country
- U.S.
- Canada
- Mexico
North America Remote Patient Monitoring Devices Market: Companies Mentioned
- Koninklijke Philips N.V.
- GE Healthcare
- Boston Scientific Corporation
- Omron Healthcare
- Medtronic Plc.
- Welch Allyn
- Resideo Technologies (Honeywell Life Care)
- Abbott Laboratories
- Biotronik SE & Co. KG
- Masimo Corporation
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