Healtcare Global Remote Patient Monitoring Devices Market | Page 2

by U.S. government to impose penalties to hospitals. According to the penalty, government had
reduced up to 1% in the Medicare payment per patient for hospital readmission within 30 days in
2013, thereby, accelerating the growth of remote patient monitoring devices by the healthcare
professionals. According to the Biomed Central Respiratory Research 2016, asthma and chronic
obstructive pulmonary disease (COPD) are common chronic obstructive lung disorders
characterized by variable airflow limitation and airway hyper responsiveness, affecting over 25
million people in the U.S. The patient monitoring devices are largely been validated as clinically
effective tools for the management of disease. However, lack of trained professionals, insufficiency
in maintaining the privacy and security of the medical data, lack of uniformity in device
functionality and lack of general awareness of monitoring devices are the factors expected to hinder
market growth of the global remote patient monitoring device market.
Market Taxonomy:
This report segments the global remote patient monitoring devices market on the basis of product
type, application, end user, and geography. On the basis of product type, the remote patient
monitoring devices market is categorized into cardiac monitors, respiratory monitors, hematological
monitors, vital signs monitors and others. On the basis of application, the remote patient monitoring
devices market is categorized into cardiac arrhythmia, diabetes, ischemic diseases, hypertension,
sleep apnea, chronic respiratory diseases and hyperlipidemia. On the basis of end-user, the remote
patient monitoring devices market is categorized into hospitals, home care settings, long term care
centers and others. For comprehensive understanding of market dynamics, the global remote patient
monitoring devices market is analyzed across key geographical regions namely North America,
Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed on
basis of market findings across major countries in these regions for a macro-level understanding of
the market.
Request For Customization @ https://www.coherentmarketinsights.com/insight/request-
customization/215
Key Players:
Key companies covered as a part of this study include
• Abbott Laboratories,
• GE Healthcare,
• Omron Healthcare,
• Medtronic,
• St. Jude Medical,
• Smiths Medical,
• Philips Healthcare,
• F. Hoffmann-La Roche Ltd.
• Kokinklijke Philips N.V.
Detailed Segmentation:
• Global Remote Patient Monitoring Devices Market, By Product Type:
◦ Cardiac Monitors
◦ Respiratory Monitors
◦ Hematological Monitors
◦ Vital Signs Monitors
◦ Others
• Global Remote Patient Monitoring Devices Market, By Application:
◦ Cardiac Arrhythmia
◦ Diabetes
◦ Ischemic Diseases