Europe Remote Patient Monitoring Devices Market

Historic Data: 2016-2017   |   Base Year: 2018   |    Forecast Period: 2019-2027

Analysis and Forecasts by Product (Vital Sign Monitors, Special Monitors), Application (Cardiovascular Diseases Treatment, Cancer Treatment, Sleep Disorder Treatment, Diabetes Treatment, Weight Management & Fitness Monitoring) End User (Hospitals & Clinics, Ambulatory Care Centers, Home Healthcare, and Others), and Country


No. of Pages: 175  |  Report Code: TIPRE00004655  |  Category: Life Sciences

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Europe Remote Patient Monitoring Devices Market

Remote Patient Monitoring Devices market in Europe is expected to grow from US$ 204.55 Mn in the year 2018 and is expected to reach US$ 432.58 Mn by 2027 growing at a CAGR of 9.0% over the forecast period.

The growth of the market is driven by the factors such as rising cases of the chronic diseases such as heart and respiratory diseases and COPD and lung cancer among the countries such as UK and Germany among the other countries.

Chronic diseases, including heart disease, stroke, diabetes, and obesity, are the leading causes of death in the world and account for most of the nation’s health care costs. According to one study, by 2035, approximately 2.5 million, or 17%, of people over 65 would have four or more chronic illnesses. Similar trends for high presence of diabetes are prevalent around other geographies of the Europe. For instance, according to The British Diabetic Association, by 2025, more than 5 million population will have diabetes in UK.

The obesity rates have been increasing rapidly in developed as well as developing economies across the globe. Factors such as, sedentary life and unhealthy lifestyle are considered to be the major factors for the rise in the number of obese individuals. As per data published by The Organisation for Economic Co-operation, (OECD), in 2015, around 19.5% of the adult population was obese. The prevalence has increases rapidly in the United Kingdom in the recent decade. Obesity levels are anticipated to be high in the Germany and England, consisting of around 34% and 35% of the population respectively by the end of 2030.

UK is anticipated to lead the adoptions of Remote Patient Monitoring Devices market across the Europe region through the forecast period attributed to the rising prevalence of the chronic diseases such as coronary heart disease. According to the British Heart Foundation recent data published in November 2018 stats that in the U.K., one in seven men and one in twelve women die sue to the coronary heart disease. In addition, in U.K. in every eight minute one death occurs sue to the coronary heart disease, approximately 2.3 million people suffers with the coronary heart diseases.

Italy Remote Patient Monitoring Devices Market Revenue and Forecasts to 2027 (US$ Bn)

EUROPE REMOTE PATIENT MONITORING - MARKET SEGMENTATION



By Product


• Vital Sign Monitors
• Special Monitors

By Application


• Cardiovascular Diseases Treatment
• Cancer Treatment
• Sleep Disorder Treatment
• Diabetes Treatment
• Weight Management & Fitness Monitoring

By End user


• Hospitals & Clinics
• Ambulatory Care Centers
• Home Healthcare

By Country


• France
• Germany
• UK
• Italy
• Spain

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

Europe Remote Patient Monitoring Devices Strategic Insights

Strategic insights for the Europe Remote Patient Monitoring Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. 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 the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts 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.

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Europe Remote Patient Monitoring Devices Report Scope

Report Attribute Details
Market size in 2018 US$ 204.55 Million
Market Size by 2027 US$ 432.58 Million
Global CAGR (2019 - 2027) 9.0%
Historical Data 2016-2017
Forecast period 2019-2027
Segments Covered By Product
  • Vital Sign Monitors
  • Special Monitors
By Application
  • Cardiovascular Diseases Treatment
  • Cancer Treatment
  • Sleep Disorder Treatment
  • Diabetes Treatment
  • Weight Management & Fitness Monitoring
By End User
  • Hospitals & Clinics
  • Ambulatory Care Centers
  • Home Healthcare
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • 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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Europe Remote Patient Monitoring Devices Regional Insights

The geographic scope of the Europe Remote Patient Monitoring Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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The List of Companies - Europe Remote Patient Monitoring Devices Market

The List of Companies - Europe Remote Patient Monitoring Devices Market

  1. Koninklijke Philips N.V.
  2. GE Healthcare
  3. Boston Scientific Corporation
  4. Omron Healthcare
  5. Medtronic Plc.
  6. Welch Allyn
  7. Resideo Technologies (Honeywell Life Care)
  8. Abbott Laboratories
  9. Biotronik SE & Co. KG
  10. Masimo Corporation

 

Frequently Asked Questions
How big is the Europe Remote Patient Monitoring Devices Market?

The Europe Remote Patient Monitoring Devices Market is valued at US$ 204.55 Million in 2018, it is projected to reach US$ 432.58 Million by 2027.

What is the CAGR for Europe Remote Patient Monitoring Devices Market by (2019 - 2027)?

As per our report Europe Remote Patient Monitoring Devices Market, the market size is valued at US$ 204.55 Million in 2018, projecting it to reach US$ 432.58 Million by 2027. This translates to a CAGR of approximately 9.0% during the forecast period.

What segments are covered in this report?

The Europe Remote Patient Monitoring Devices Market report typically cover these key segments-

  • Product (Vital Sign Monitors, Special Monitors)
  • Application (Cardiovascular Diseases Treatment, Cancer Treatment, Sleep Disorder Treatment, Diabetes Treatment, Weight Management & Fitness Monitoring)
  • End User (Hospitals & Clinics, Ambulatory Care Centers, Home Healthcare)
  • What is the historic period, base year, and forecast period taken for Europe Remote Patient Monitoring Devices Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Remote Patient Monitoring Devices Market report:

  • Historic Period : 2016-2017
  • Base Year : 2018
  • Forecast Period : 2019-2027
  • Who are the major players in Europe Remote Patient Monitoring Devices Market?

    The Europe Remote Patient Monitoring Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • 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
  • Who should buy this report?

    The Europe Remote Patient Monitoring Devices Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Remote Patient Monitoring Devices Market value chain can benefit from the information contained in a comprehensive market report.