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Remote Patient Monitoring Market is expected to reach US$ 7,338.92 Mn by 2028
iCrowd Newswire
15 Jun 2021, 06:38 GMT+10
The global remote patient monitoring market, based on type, is segmented into software, devices, and services. In 2020, the devices segment accounted for the largest share in the market and is expected to retain its dominance during the forecast years. The market growth for this segment is attributed to the high-volume demand for vital sign remote patient monitoring devices across various countries worldwide. In addition, the surge in demand for respiratory and multifunctional monitoring devices due to the COVID-19 outbreak also contributes to the market growth for this segment. Furthermore, medical device manufacturers are constantly focusing on the improvement of the quality and innovations in these devices, which would help the segment to hold a dominant share in the remote patient monitoring market during the forecast years.