Remote patient monitoring technology involves regular monitoring devices for instance glucose meters for patients suffering from diabetes and blood pressure monitors for patients receiving cardiac upkeep. Data can be sent to a physician's clinic by means of a specific telehealth computer system, through a special software application installed on the patient's computer, smartphone or tablet PC.
Remote patient monitoring devices, due to their capability to monitor various chronic conditions such as diabetes, cardiovascular conditions and cancer are expected to witness substantial growth over the forecast period. Increasing incidences of cardiovascular diseases, rising geriatric population base and the growing demand for independent and healthy living by them are high impact rendering drivers for remote patient monitoring devices market.
Middle-East and Africa Remote Patient Monitoring Market: Drivers & Restraints The driving factors of the patient monitoring market comprise of increasing population size of the aged, rising prevalence of unhealthy routine, and technological advancements like handiness of equipment. Fast technological development arising in remote patient monitoring devices market is anticipated to lead to accessibility of better option for healthcare specialists and the patients, thus stimulating the growth of remote patient monitoring market. Conversely, unsteady reimbursement, high technological cost and financial slowdown are some of the major factors limiting the growth for the remote patient monitoring market.
Middle-East and Africa Remote Patient Monitoring Market: Overview The North American remote patient monitoring market is propelled by government guidelines to reduce healthcare costs. The increasing occurrence of diabetes is a major factor that is predicted to increase the demand for haematology monitoring devices in the global remote patient monitoring devices market. The Cardiac Arrhythmia application segment is expected to account for 20.2% revenue share of the global remote patient monitoring device market by 2016 end while the Diabetes segment is expected to account for 14.2% revenue share of the global remote patient monitoring device market by 2016 end.
In the end user category, the Hospitals segment is expected to account for 46.3% revenue share of the global remote patient monitoring device market by 2016 end while the Homecare Settings segment is expected to account for 24.0% revenue share of the global remote patient monitoring device market by 2016 end. Revenue from the Hospitals segment in the global remote patient monitoring device market is expected to increase 1.6X by 2021 end as compared to that in 2016.
Middle-East and Africa Remote Patient Monitoring Market: Region-wise Outlook Based on geography the market is analyzed under various regions namely, Middle-East and Africa. Africa is the leading market for this region while Middle-East is expected to grow at a high CAGR in the forecast period.
Key Questions Answered What will be the market growth till 2021 and what will be the resultant market forecast in the year?
What was the market size from 2016 to 2021?
What is the current and future Remote Patient Monitoring Market outlook in Middle-East and Africa?
What trends are affecting the Middle-East and Africa market?
What is the competitive landscape and market share of major players in the Remote Patient Monitoring space in Middle-East and Africa?
What are the key, high growth markets that Remote Patient Monitoring manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the Remote Patient Monitoring 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?
Middle-East and Africa Remote Patient Monitoring Market: Key Players The market contributors involve in mergers and attainments along with new product enhancement in an effort to preserve sustainability. Some key players include Welch Allyn, Bosch, Johnson & Johnson, Intel, Roche, Philips Healthcare, Philips, Healthanywhere Inc, Honeywell, American Telecare, Biotronik, and Covidien Plc.
Reasons to buy Middle-East and Africa Remote Patient Monitoring Market Report:
Global, 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 Porters 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
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