(Health-NewsWire.Net, September 07, 2017 ) According to the report Asia Pacific Remote Patient Monitoring Market, published by Market Data Forecast, the Market was worth USD 5.37 billion in 2016 and estimated to be growing at a CAGR of 14.05%, to reach USD 10.37 billion by 2021. Asia-Pacific is the fastest growing region in the global market.
New technological innovations in the field of wireless connectivity have augmented the demand, facilitating to accelerate the move towards wireless and streamline processes, both within major health facilities and in home treatment markets. Remote patient monitoring devices helps in monitoring of patient’s physical ailment. The benefit of these devices is the patient need not visit the medical specialist.
Browse market data tables and in-depth TOC of the Asia Pacific Remote Patient Monitoring Industry to 2021 @ http://www.marketdataforecast.com/market-reports/asia-pacific-remote-patient-monitoring-market-687/
The Asia-Pacific market is mainly driven by improved economic conditions enabling high procuring power. As the market is still new and emerging, there is abundant opportunity for new players as well as big companies to arrive in the market and create a strong base. The necessity to enclose the average healthcare expenditure is one of the key cause for the growth of the market. Resistance for adoption of patient monitoring systems is the major for the market growth.
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The Asia-Pacific remote patient monitoring market is segmented on the basis of type into breath monitors, physical activity monitors, heart monitors, haematological monitors and multi-sign monitors. Based on application the market is segregated into cancer treatment, cardiovascular diseases, diabetes treatment, sleep disorder and weight management and fitness monitoring. On the basis of end users market is bifurcated into ambulatory care centers, hospitals and home healthcare. The increasing occurrence of diabetes is a major factor that is predicted to increase the demand for haematology monitoring devices in the global remote patient monitoring devices market.
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Based on geography the market is analysed under various regions namely, China, Japan, India, South Korea and Australia. The Asia-Pacific market is dominated by the Japanese region, followed by China and India.
The market contributors involve in mergers and attainments along with new product enhancement in an effort to preserve sustainability. Some key players include Welch Allyn, Bosch, Johnson & Johnson, Intel, Roche, Philips Healthcare, Philips, Healthanywhere Inc, Honeywell, American Telecare, Biotronik, and Covidien Plc.
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