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The Pivotal Study of Global Telemonitoring System Market – Market Synopsis, Industry Key Players, Market Tracking, Regional Forecast till 2026

The Pivotal Study of Global Telemonitoring System Market – Market Synopsis, Industry Key Players, Market Tracking, Regional Forecast till 2026

Telemonitoring system is a system to measure vital signs remotely and to manage escalation strategies based on pre-determined rules applied on the measured data.

Telemonitoring System Market Conspectus

Global Telemonitoring System Market Report demonstrated that Telemonitoring System market is poised to present surging growth during the predicted period from USD 1,567 million in 2019 to reach USD 3,442 million by 2026 with a CAGR of 11.9%. Global economic development, government regulations adjustment, related industry dynamics, industrial upgrading, and competition among market’s participators are some of the key factors that influence the Telemonitoring System market development. A distinctive and comprehensive picture of Telemonitoring System is embodied in the report.

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Major Participators Landscape

The market is highly competitive and fragmented and has new entrants who offer cardiology information systems solutions. Vendors continue to introduce intelligent medical equipment and invest heavily in the development of the next generation of healthcare information technology. The competition of vendors is based on the quality of remote monitoring systems and solutions, services and advanced functions. Its performance is affected by fierce competition, rapid technological progress, and outdated technologies.

Various market pacemakers covered in the report are Abbott, Cisco Systems, Inc., DigiO2 International Co. Ltd., GE Healthcare, Honeywell HomeMed, Mindray Medical International Limited., Philips Healthcare, Qi Imaging, LLC, Siemens Healthcare, Telehealth Solutions, etc.

Market Drivers Abstract

The rise in chronic diseases and aging population

Regulatory reforms and new payment models

A rise in healthcare spending worldwide

The emergence of new software, and the increased demand for the widening of network services by end-users

Market Challenges Abstract

Lack of adequate information and communication technology infrastructure in rural areas

Market Trends Abstract

Growing adoption of CVIS (Center for Vision and Image Science)

The increasing adoption of smart and connected medical devices

Telemonitoring System Type Abstract

Based on type, the Telemonitoring System can be bifurcated into COPD Telemonitoring System, Glucose Level Telemonitoring System, Cardiac Telemonitoring System, and Others.

Telemonitoring System Application Abstract

The Telemonitoring System is widely used in Home Care, Long-term Care Centers, Hospice Care, and Others.

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Key Regions Overview

Major countries of North America, Europe, Asia Pacific, and the rest of the world are all exhaustive analyzed in the report. Apart from this, policy mobilization, social dynamics, fashion trends, and economic development in these countries are also taken into consideration.

In 2018, the global market is led by North America, capturing about 34.62% of global Telemonitoring System sales volume. Europe is the second-largest region-wise market with 32.33% global share, followed by Asia-Pacific (27.14%). North America will be a major revenue contributor to the telemonitoring systems market throughout the forecast period. This will mainly attribute to the aging population and the growing medical cases related to pediatric heart diseases which lead to the introduction of innovative solutions for the treatment of CVD. The increase in patient awareness, high investment in R&D, and the growing acceptance of telemedicine approaches are the other factors that are projected to fuel the North America market’s growth in the near future.

Table of Content

1 Report Overview

1.1  Product Definition and Scope

1.2  PEST (Political, Economic, Social and Technological) Analysis of Telemonitoring System Market

2 Market Trends and Competitive Landscape

3 Segmentation of Telemonitoring System Market by Types

4 Segmentation of Telemonitoring System Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Telemonitoring System Market in Major Countries

7 North America Telemonitoring System Landscape Analysis

8 Europe Telemonitoring System Landscape Analysis

9 Asia Pacific Telemonitoring System Landscape Analysis

10 Latin America, Middle East & Africa Telemonitoring System Landscape Analysis  

11 Major Players Profile

11.1 Abbott

11.1.1 Abbott Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Cisco Systems, Inc.

11.3 DigiO2 International Co. Ltd.

11.4 GE Healthcare

11.5 Honeywell HomeMed

11.6 Mindray Medical International Limited.

11.7 Philips Healthcare

11.8 Qi Imaging, LLC

11.9 Siemens Healthcare

11.10 Telehealth Solutions

Target Audience:

  • Telemonitoring System manufacturers
  • Technology providers
  • Distributors and resellers of Telemonitoring System
  • Telemonitoring System industry associations
  • Product managers, Telemonitoring System industry administrator, C-level executives of the industries
  • Market Research and consulting firms
  • Healthcare Organization
  • Research & Clinical Laboratories

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