Healthcare Telemonitoring Systems are used for monitoring of medical parameters, health, condition, and symptoms of patients. This system is an integral part of the global medical care and services sector. The global Healthcare Telemonitoring System market is expected to rise at a significant rate in the forecast period. One of the prime factors to boost the growth of the global Healthcare Telemonitoring System market is the continuously increasing old age population across the world that needs constant medical attention.
Furthermore, growing incidences of non-communicable diseases such as Alzheimer’s disease, cardiovascular disease, diabetes, metabolic disorders, cancer, and other health problems, which required lengthy treatment. As well, rising patient’s preference towards continent health monitoring, owing to increasing patient pool. These are some important factors that majorly contribute to the market’s development in the coming years.
On the downside, the high cost of set-up and maintenance and rising privacy and information security concerns are the major factors that hamper the growth of the market. Besides this, increasing modernization and technological advancements in the healthcare devices and increasing research and development activities will further create lucrative opportunities for the expansion of the Healthcare Telemonitoring System market in the forecasted period.
Covid-19 Impact on Healthcare Telemonitoring System Market:
In addition, the current Healthcare Telemonitoring System Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Healthcare Telemonitoring System Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Healthcare Telemonitoring System Market Segment Overview
In terms of product type, the Cardiac Telemonitoring System segment has significant growth in the market. This is because of increasing incidences of cardiovascular diseases across the world. According to the World Health Organization, Cardiovascular diseases (CVDs) are the leading cause of death globally, taking an estimated 17.9 million lives each year. In addition to this, the most promising application is in real-time monitoring of chronic illnesses such as cardiopulmonary disease, asthma, and heart failure in patients located far from the medical care facilities through wireless monitoring systems. The treatment of such chronic diseases requires continuous and long-term monitoring to control threats, which in turn increasing the demand for Cardiac Telemonitoring systems.
Healthcare Telemonitoring System Market, By Product Type
· COPD Telemonitoring System
· Glucose Level Telemonitoring System
· Blood Pressure Telemonitoring System
· Cardiac Telemonitoring System
· Others
Healthcare Telemonitoring System Market, By End-User
· Home Care
· Long-term Care Centers
· Hospice Care
Healthcare Telemonitoring System Market Regional Overview
Region-wise, North America commanded a major share of the market and is predictable to maintain its supremacy over the forecast period. This can be attributed to the growing prevalence of chronic diseases, rising patient awareness, increasing investments in the activities of research and development, availability of new technological innovations in this region. Additionally, the U.S. is the major contributor to market development owing to the strong economic condition of the nation. Likewise, the European market is also projected to show promising growth in the next few years. This is due to the tremendous technological advancement in the healthcare sector in this region. Similarly, the Asia Pacific is expected to register the fastest growth during the forecast period. Important factors such as the increasing number of patients, developing healthcare infrastructure, and rising healthcare expenditures are expected to enlarge the growth of the market in this region.
Healthcare Telemonitoring System Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Healthcare Telemonitoring System Market, Key Players
· Telehealth Solutions
· Siemens Healthcare
· Qi Imaging LLC
· Philips Healthcare
· Mindray Medical International Limited
· Honeywell HomeMed
· GE Healthcare
· DigiO2 International Co. Ltd.
· Cisco Systems Inc.
· Abbott Systems
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Healthcare Telemonitoring System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. COPD Telemonitoring System
- 5.2.2. Glucose Level Telemonitoring System
- 5.2.3. Blood Pressure Telemonitoring System
- 5.2.4. Cardiac Telemonitoring System
- 5.2.5. Others
- 5.3. Market Analysis, Insights and Forecast – By End-User
- 5.3.1. Home Care
- 5.3.2. Long-term Care Centers
- 5.3.3. Hospice Care
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Healthcare Telemonitoring System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. COPD Telemonitoring System
- 6.2.2. Glucose Level Telemonitoring System
- 6.2.3. Blood Pressure Telemonitoring System
- 6.2.4. Cardiac Telemonitoring System
- 6.2.5. Others
- 6.3. Market Analysis, Insights and Forecast – By End-User
- 6.3.1. Home Care
- 6.3.2. Long-term Care Centers
- 6.3.3. Hospice Care
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Healthcare Telemonitoring System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. COPD Telemonitoring System
- 7.2.2. Glucose Level Telemonitoring System
- 7.2.3. Blood Pressure Telemonitoring System
- 7.2.4. Cardiac Telemonitoring System
- 7.2.5. Others
- 7.3. Market Analysis, Insights and Forecast – By End-User
- 7.3.1. Home Care
- 7.3.2. Long-term Care Centers
- 7.3.3. Hospice Care
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Healthcare Telemonitoring System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. COPD Telemonitoring System
- 8.2.2. Glucose Level Telemonitoring System
- 8.2.3. Blood Pressure Telemonitoring System
- 8.2.4. Cardiac Telemonitoring System
- 8.2.5. Others
- 8.3. Market Analysis, Insights and Forecast – By End-User
- 8.3.1. Home Care
- 8.3.2. Long-term Care Centers
- 8.3.3. Hospice Care
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Healthcare Telemonitoring System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product Type
- 9.2.1. COPD Telemonitoring System
- 9.2.2. Glucose Level Telemonitoring System
- 9.2.3. Blood Pressure Telemonitoring System
- 9.2.4. Cardiac Telemonitoring System
- 9.2.5. Others
- 9.3. Market Analysis, Insights and Forecast – By End-User
- 9.3.1. Home Care
- 9.3.2. Long-term Care Centers
- 9.3.3. Hospice Care
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Telehealth Solutions
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Siemens Healthcare
- 10.6. Qi Imaging LLC
- 10.7. Philips Healthcare
- 10.8. Mindray Medical International Limited
- 10.9. Honeywell HomeMed
- 10.10. GE Healthcare
- 10.11. DigiO2 International Co. Ltd.
- 10.12. Cisco Systems Inc.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
