The global Patient Scheduling Applications Market is there to witness an irrevocable In Upcoming Years. Innovation in the form of digital tools is the buzzword all across. Even though it’s the youth engaging in digital and social platforms, the geriatric population could get benefited by engaging the services therein. Thus, the exponential influx of e-business, online consultations, and booking, door-step delivery are likely to run through the enterprise going forward.
In all the developed countries including U.S., Japan and EU, major part of government healthcare spending is dedicated to chronic care management programs. With efforts to reduce burden of chronic diseases, healthcare systems of these countries are thus turning to adopt remote patient monitoring services. Remote patient monitoring services offer great connectivity for remotely located patients to communicate with their healthcare providers and facilities.
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The global market for remote patient monitoring services is segmented on basis of services, revenue generation model, end user and geography:
- By Services
- Services to Patients
- Services to Healthcare Providers
- By Revenue Generation Model
- Pay-per-service
- Subscription Based
- Others
- By End User
- Hospitals
- Clinics
- Home Care Settings
- Long Term Care Centers
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On the basis of end users, the global remote patient monitoring services market has been segmented into hospitals, Clinics, home care settings and long-term care centers. The hospital end user segment is anticipated to contribute the maximum share among all four end users.Some of the well-known remote patient monitoring solutions include Wellness Connected (A&D Medical), Biotronik Home Monitoring (Biotronik), Latitude NXT (Boston Scientific), Apex Pro CH (GE Healthcare), Genesis Touch (Honeywell), Vital Sync (Medtronic Inc.), EncorePro 2 (Philips Healthcare), etc. among others.
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Hospitals are increasingly using remote patient monitoring services to enhance care delivery and improve patient outcomes. Recently introduced integrated remote patient monitoring solutions with messaging alert system have enabled healthcare providers to obtain real-time information of their patients’ critical risk indicators such as blood glucose, blood pressure etc.
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On the basis of regional presence, global remote patient monitoring market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America will continue to dominate the global remote patient monitoring market due to highest adoption rates and prevalence of chronic diseases. Europe is expected to hold second largest market share in global remote patient monitoring market.
Some of the major players in global remote patient monitoring services market include Qualcomm Life, Inc., Tech Mahindra Limited, Wipro Limited, Honeywell Life Care Solutions, Medtronic Inc., A&D Medical, Boston Scientific Corporation, Nihon Kohden Corporation, Philips Healthcare, Spacelabs Healthcare, St. Jude Medical(Abbott) etc. among others.
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