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Global Demand on Digital Patient Monitoring Devices Market Flourishing - Projected to Reach Worth USD 447.3 Billion by 2028: Zion Market Research

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Zion Market Research

22 Feb, 2022, 10:00 GMT

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NEW YORK, Feb. 22, 2022 /PRNewswire/ -- As per the findings of Zion Market Research study, Digital Patient Monitoring Devices industry accumulated revenue about US$ 63.1 billion in 2020 and is prognosis to earn revenue of approximately US$ 447.3 billion by 2028. Moreover, Digital Patient Monitoring Devices market is projected to register highest gains of approximately 24.1% in 2021-2028.

Read Market Research Report "Digital Patient Monitoring Devices Market- By Product (Diagnostic Monitoring Devices And Therapeutic Monitoring Devices), By Type (Wireless Sensor Technology, MHealth, Telehealth, Remote Patient Monitoring, And Wearable Devices), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021 – 2028."

Apparently, massive demand for remote patient monitoring activities is projected to enunciate marked growth of digital patient monitoring devices market over upcoming years. Outbreak of COVID-19 pandemic has encouraged remote patient monitoring activities as well as use of mHealth apps and telehealth devices along with catalyzing demand for digital medicine. This has further augmented need of digital patient monitoring equipment and created huge growth prospects for digital patient monitoring devices market. Furthermore, necessity of overcoming healthcare delivery barriers has resulted in acceptance of telemedicine and digital health activities, thereby driving industry space. Growing need of detecting vital signs of patients on real-time basis has transmuted into humongous surge in expansion of digital patient monitoring devices industry in recent years. Thriving IoT and AI technologies have further contributed towards market earnings.

Wearable Devices Segment To Make Major Contributions Towards Market Size By 2028:

Growth of wearable devices segment over assessment period can be credited to rise in acceptance of connected technologies along with rise in preference for advanced gadgets. In addition to this, rise in use of internet on smartphones will steer segmental growth over upcoming years. Growing popularity of wearable equipment among young as well as geriatric populace is projected to benefit segmental growth in near future.

Diagnostic Monitoring Devices Segment To Dominate Product Landscape Over 2021-2028:

Growth of diagnostic monitoring devices segment over estimated timeframe is subject to surge in occurrence of diabetes, cancer, and obesity in population as result of work stress and sedentary lifestyles. For the record, the diabetic population is going to hit mark of nearly 701 Mn by 2045. Moreover, an exponential inflation in aging population susceptible to chronic disorders will promulgate segmental growth in foreseeable future. 

Get More Insight before Buying@ : https://www.zionmarketresearch.com/inquiry/digital-patient-monitoring-devices-market

North America To Lead Regional Market Growth By 2028:

Elevation in size of regional market over next seven years is subject to favorable government policies reducing healthcare costs and supporting new product launches. In addition to this, presence of giant medical device manufacturers in countries such as the U.S. will further trigger digital patient monitoring devices market space in North America.

Report Scope:

Report Attribute

Details

Market size value in 2020

USD 63.1 Billion

Revenue forecast in 2028

USD 447.3 Billion

Growth Rate

CAGR of almost 24.1% 2021-2028

Base Year

2021

Historic Years

2016 - 2020

Forecast Years

2021 - 2028

Segments Covered

By Product Type, By Application, and By End Use

Forecast Units

Value (USD Billion), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2022 to 2028

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others

Companies Covered

Hill-Rom Services, Inc., Omron Healthcare, Inc., Athenahealth, Inc., Abbot Laboratories, Fitbit, Inc., Garmin Limited,  GE Healthcare, AT&T Inc., Medtronic Corporation, VitalConnect, Koninklijke Philips N.V., and ResMed

Report Coverage

Market growth drivers, restraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Customization Scope

Avail customized purchase options to meet your exact research needs. https://www.zionmarketresearch.com/buynow/su/digital-patient-monitoring-devices-market

Request Pre and Post COVID-19 Impact Analysis on Businesses: https://www.zionmarketresearch.com/custom/6816?covid19=true

The global Digital Patient Monitoring Devices Market is segmented as follows:

Digital Patient Monitoring Devices Market: By Product Outlook (2021-2028)

  • Diagnostic Monitoring Devices
  • Therapeutic Monitoring Devices

Digital Patient Monitoring Devices Market: By Type Outlook (2021-2028)

  • Wireless Sensor Technology
  • Wearable Devices
  • MHealth
  • Telehealth
  • Remote Patient Monitoring

Digital Patient Monitoring Devices Market: By Region Outlook (2021-2028)

North America

  • The U.S.
  • Canada

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa

Get Free Sample Report with All Related Graphs & Charts (with COVID 19 Impact Analysis): https://www.zionmarketresearch.com/sample/digital-patient-monitoring-devices-market

List of Key Players of Digital Patient Monitoring Devices Market:

  • Hill-Rom Services, Inc.
  • Omron Healthcare Inc.
  • AthenahealthInc.
  • Abbot Laboratories
  • FitbitInc.
  • Garmin Limited
  • GE Healthcare
  • AT&T Inc.
  • Medtronic Corporation
  • VitalConnect
  • Koninklijke Philips N.V.
  • ResMed

Press Release For Digital Patient Monitoring Devices Market: https://www.zionmarketresearch.com/news/digital-patient-monitoring-devices-market

Browse Other Related Research Reports from Zion Market Research

  • Medical Equipment Calibration Services Market: The global Medical Equipment Calibration Services Market accrued earnings worth approximately 1.1 (USD Billion) in 2020 and is predicted to gain revenue of about 3.73 (USD Billion) by 2028, is set to record a CAGR of nearly 9.6% over the period from 2021 to 2028.
  • Ostomy Care and Accessories Market: The global Ostomy Care and Accessories Market accrued earnings worth approximately 3.4 (USD Billion) in 2020 and is predicted to gain revenue of about 4.9 (USD Billion) by 2028, is set to record a CAGR of nearly 5.01% over the period from 2021 to 2028.
  • Medical Tubing Market: The global Medical Tubing market accounted for USD 8,409 Million in 2020 and is expected to reach USD 16,578.7 Million by 2028, growing at a CAGR of 9.1% from 2021 to 2028.

Directly Purchase a Copy of the Report @ https://www.zionmarketresearch.com/buynow/su/digital-patient-monitoring-devices-market

Browse through Zion Market Research's coverage of the Global Medical Device Industry

About Us

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

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