(PharmaNewsWire.Com, April 20, 2017 ) As per the syndicated report published by Market Data Forecast Europe Remote Patient Monitoring Market which is estimated to be USD 8.22 billion in 2016 is poised to reach USD 15.27billion by 2021, at a CAGR of 13.20% from 2016 to 2021.
It can be attributed to the factors such as strained healthcare schemes triggering cost pressures to shift from acute care situations to lower cost settings. However certain challenges like uneven and unsteady reimbursement strategies must be dealt with to attain the full potential.
Taking healthcare back home has been an evolving shift in the healthcare sector amidst rising concerns regarding the geriatric population and costs sustained in the treatment of people suffering from chronic illness. The remote patient monitoring technologys eminence and benefits have been making it significantly attractive to vendors all over the region. Remote patient monitoring has the ability to change the way patients deal with their own conditions so as to come to be the keepers of their own healthy being.
Europe Remote Patient Monitoring Market is segmented based on type, application and end-users as mentioned below for attaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts. Based on Type: Breath Monitors Physical Activity Monitors Heart Monitors Hematological Monitors Multi Sign Monitors Based on Application: Cancer Treatment Cardiovascular Diseases Diabetes Treatment Sleep Disorder Weight Management and Fitness Monitoring Based on End-Users: Hospitals Ambulatory Care Centers Home Healthcare
Europe is an amalgamation of major economies like Germany, Spain, Italy, U.K. and France among others to name a few. The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well (Rest of Europe). As per the study UK is poised to hold the major market share while Germany is the fastest growing market in this region.
Welch Allyn, Bosch, Johnson & Johnson, Intel, Roche, Philips Healthcare, Philips, Health anywhere Inc, Honeywell, American Telecare, Biotronik, and Covidien Plc are the major players operating in the Europe Remote Patient Monitoring Market. According to recent reports, Johnson & Johnsons saw a collaboration request from CSIRO to launch a digital platform for remote patient monitoring. The Remote Patient Monitoring market study offers the following deliverables: Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis Explanations 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 European market presented in the form of PESTLE and Porters Five Forces Analyses Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region 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 - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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