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Global Durable Medical Equipment Market was estimated to grow at 6 2% CAGR during the forecast period owing to the increasing prevalence of chronic diseases says, Absolute Markets Insights – KSU

amiFebruary 6, 2021 20 Drugs and equipment have major impact on the quality of patient care and accounts for a major proportion of health care costs. Health service organizations is entitled to make decisions about which equipment to buy in order to satisfy major health requirements and remove wastage of resources. Many organizations have produced useful information about essential drugs, but less information is available about essential medical supplies and equipment. But the presence of wide number of different brands and items to choose from, this often results in procurement of items that are inappropriate because they are technically unsuitable, incompatible with existing equipment and some of the spare parts and consumables are not available.

At CAGR of 12 22%, Remote Patient Monitoring Market Size is Expected to Reach USD 2936 38 Million by 2025 says Brandessence Market Research

(2) PUNE, India, Jan. 12, 2021 /PRNewswire/ The global demand for Remote Patient Monitoring Market, in term of revenue, was worth of USD 1,649.80 Million in 2019 and is expected to reach USD 2936.38 Million in 2025, growing at a CAGR of 12.22% from 2019 to 2025. The global remote patient monitoring is expected to grow at significant growth rate due to number of driving factors. The study provides a crucial view of remote patient monitoring market by segmenting the market based on product, application, type, and end user. Based upon product remote patient monitoring market is segmented into Vital Sign Monitors (Blood Pressure Monitors, Pulse Oximeters, Heart Rate Monitor (ECG), Temperature Monitor, Respiratory Rate Monitor and Brain Monitoring (EEG)) Special Monitors (Anesthesia Monitors, Blood Glucose Monitors, Cardiac Rhythm Monitor, Respiratory Monitor, Fetal Heart Monitors, Prothrombin Monitors, Multi Parameter Monitors (MPM) and Others). Based upon application remote patient

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