Report Description

Europe remote patient monitoring devices market is anticipated to observe an impressive growth during the forecast period, 2024-2028. Widespread prevalence of lifestyle disorder coupled with the growing technological advancements in the field of medical devices are augmenting the growth of the Europe remote patient monitoring devices market. Remote patient monitoring devices are devices that enables providers to monitor, report, and analyze the real-time understanding of a patient's disease state, and then enable the provider to deliver efficient care. These devices are used for continually monitoring blood pressure, heart activity, body temperature, pulse rate, and others. These devices are also helpful in examining the chronic diseases. The other factors supporting the market’s growth are rising awareness among people, robust growth of the geriatric population, increase in healthcare expenditure, growing popularity of remote patient monitoring devices, rising focus on the expansion of product portfolios in remote patient monitoring devices, increasing preference for home care, increasing investments in R&Ds in order to develop technologically advanced products, growing mergers and acquisition, and rising involvement from private sector and government.

Growing Prevalence of Several Diseases and Disorders

Growing incidences of lifestyle disorders such as hypertension, heart attack, cancer, asthma, diabetes, and others among rising population, is strengthening the growth of the market. According to the Global Cancer Observatory report, in 2020, about 4,398,443 European people had cancer, out of which 1,955,231 people died. Additionally, the geriatric population is more susceptible to suffer from various diseases and disorders. According to the dementiastatistics hub, around two in 100 people with the age between 65 to 69 have dementia in the United Kingdom, and this number rises to one in five for those who aged between 85 to 89. The most common form of dementia is Alzheimer’s disease, which represents about 60% to 80% of cases in the Europe. Therefore, demand for remote patient monitoring devices is rising, which, in turn, bolster the growth of the market.

Growing Advancements in Technology

The rapid rise in the adoption of advanced technology in the Europe is facilitating the growth of the market. These developments are done to increase the quality of life, reduce hospital admissions, track and monitor the complex medical conditions, and others. For instance, in Europe, MicroPort CRM has launched Alizea and Borea pacemakers in 2021 which are equipped with Bluetooth technology for streamlined remote monitoring when coupled with the SmartView Connect home monitor. These pacemakers help cardiologists to monitor the devices remotely, preventing patients from travelling to the clinic or hospital for a simple routine examination. Therefore, rising technological advancements and innovation is expected to bolster the growth of the Europe remote patient monitoring devices market.

Recent Developments

  • In 2020, fetal and maternal monitoring Philips launched the Avalon CL Fetal and Maternal Pod and Patch for remote monitoring in Europe.
  • In April 2022, Eseye launched Telli Health’s innovative variety of remote patient monitoring (RPM) devices, such as a blood pressure monitor, pulse oximeter, blood glucometer, and thermometer in the United Kingdom.
  • In 2022, OMRON Healthcare, Inc. has launched Hypertension Plus in the United Kingdom. This new remote patient monitoring service contains an advanced mobile app and connected blood pressure monitors.


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Market Segmentation

Europe remote patient monitoring devices market is segmented into product, application, end user, country, and company. Based on product, the market is divided into special monitors, and vital sign monitors. Special monitors are further subcategorized into blood glucose monitors, cardiac rhythm monitors, respiratory monitors, anesthesia monitors, and others. Vital sign monitors are further subclassified into blood pressure monitors, pulse oximeters, heart rate monitor (ECG), temperature monitor, and others. Based on application, the market is divided into diabetes, hypertension, cardiovascular diseases, weight management & fitness monitoring, and others. Based on end user, the market is classified into hospital-based patients, ambulatory patients, and home healthcare. In terms of countries, the market is segmented into France, Germany, United Kingdom, Italy, Spain, Finland, Greece, Portugal, Bulgaria, and Croatia.

 Market Players

Koninklijke Philips N.V, Medtronic Plc, OMRON Healthcare Europe B.V., Masimo Europe Limited, Abbott Laboratories Limited, Dragerwerk AG & Co. KGaA, Dexcom, Inc., Baxter International Inc., iRhythm Technologies, Inc., and Hill-Rom Holdings Inc. (Welch Allyn) are some of the leading companies operating in the market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume Units and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, Volume forecast company share, Competitive landscape, Growth factors, and Trends

Segments covered

Product

Application

End User

Country

Country scope

France, Germany, United Kingdom, Italy, Spain, Finland, Greece, Portugal, Bulgaria, and Croatia.

Key companies profiled

Koninklijke Philips N.V, Medtronic Plc, OMRON Healthcare Europe B.V., Masimo Europe Limited, Abbott Laboratories Limited, Dragerwerk AG & Co. KGaA, Dexcom, Inc., Baxter International Inc., iRhythm Technologies, Inc., and Hill-Rom Holdings Inc. (Welch Allyn)

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Europe remote patient monitoring devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Europe Remote Patient Monitoring Devices Market, By Product:

o    Special Monitors

§  Blood Glucose Monitors

§  Cardiac Rhythm Monitors

§  Respiratory Monitors

§  Anesthesia Monitors

§  Others

o    Vital Sign Monitors

§  Blood Pressure Monitors

§  Pulse Oximeters

§  Heart Rate Monitor (ECG)

§  Temperature Monitor

§  Others

·         Europe Remote Patient Monitoring Devices Market, By Application:

o    Diabetes

o    Hypertension

o    Cardiovascular Diseases

o    Weight Management & Fitness Monitoring

o    Others

·         Europe Remote Patient Monitoring Devices Market, By End User:

o    Hospital Based Patients

o    Ambulatory Patients

o    Home Healthcare

·         Europe Remote Patient Monitoring Devices Market, By Region:

o    France

o    Germany

o    United Kingdom

o    Italy

o    Spain

o    Finland

o    Greece

o    Portugal

o    Bulgaria

o    Croatia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present Europe Remote Patient Monitoring Devices market

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Europe Remote Patient Monitoring Devices Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Europe Remote Patient Monitoring Devices Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value & Volume (In Units, By Product)

5.2.  Market Share & Forecast

5.2.1.     By Product (Special Monitors v/s Vital Sign Monitors)

5.2.1.1.         By Special Monitors (Blood Glucose Monitors, Cardiac Rhythm Monitors, Respiratory Monitors, Anesthesia Monitors, Others)

5.2.1.2.         By Vital Sign Monitors (Blood Pressure Monitors, Pulse Oximeters, Heart Rate Monitor (ECG), Temperature Monitor, Others)

5.2.2.     By Application (Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others)

5.2.3.     By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare)

5.2.4.     By Country

5.2.5.     By Company (2022)

5.3.  Market Map

5.4.  Europe: Country Analysis

5.4.1.     France Remote Patient Monitoring Devices Market Outlook

5.4.1.1.         Market Size & Forecast

5.4.1.1.1.             By Value & Volume

5.4.1.2.         Market Share & Forecast

5.4.1.2.1.             By Product (Special Monitors v/s Vital Sign Monitors)

5.4.1.2.1.1. By Special Monitors (Blood Glucose Monitors, Cardiac Rhythm Monitors, Respiratory Monitors, Anesthesia Monitors, Others)

5.4.1.2.1.2. By Vital Sign Monitors (Blood Pressure Monitors, Pulse Oximeters, Heart Rate Monitor (ECG), Temperature Monitor, Others)

5.4.1.2.2.             By Application (Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others)

5.4.1.2.3.             By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare)

5.4.1.3.         Pricing Analysis

5.4.2.     Germany Remote Patient Monitoring Devices Market Outlook

5.4.2.1.         Market Size & Forecast

5.4.2.1.1.             By Value & Volume

5.4.2.2.         Market Share & Forecast

5.4.2.2.1.             By Product (Special Monitors v/s Vital Sign Monitors)

5.4.2.2.1.1. By Special Monitors (Blood Glucose Monitors, Cardiac Rhythm Monitors, Respiratory Monitors, Anesthesia Monitors, Others)

5.4.2.2.1.2. By Vital Sign Monitors (Blood Pressure Monitors, Pulse Oximeters, Heart Rate Monitor (ECG), Temperature Monitor, Others)

5.4.2.2.2.             By Application (Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others)

5.4.2.2.3.             By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare)

5.4.2.3.         Pricing Analysis

5.4.3.     United Kingdom Remote Patient Monitoring Devices Market Outlook

5.4.3.1.         Market Size & Forecast

5.4.3.1.1.             By Value & Volume

5.4.3.2.         Market Share & Forecast

5.4.3.2.1.             By Product (Special Monitors v/s Vital Sign Monitors)

5.4.3.2.1.1. By Special Monitors (Blood Glucose Monitors, Cardiac Rhythm Monitors, Respiratory Monitors, Anesthesia Monitors, Others)

5.4.3.2.1.2. By Vital Sign Monitors (Blood Pressure Monitors, Pulse Oximeters, Heart Rate Monitor (ECG), Temperature Monitor, Others)

5.4.3.2.2.             By Application (Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others)

5.4.3.2.3.             By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare)

5.4.3.3.         Pricing Analysis

5.4.4.     Italy Remote Patient Monitoring Devices Market Outlook

5.4.4.1.         Market Size & Forecast

5.4.4.1.1.             By Value & Volume

5.4.4.2.         Market Share & Forecast

5.4.4.2.1.             By Product (Special Monitors v/s Vital Sign Monitors)

5.4.4.2.1.1. By Special Monitors (Blood Glucose Monitors, Cardiac Rhythm Monitors, Respiratory Monitors, Anesthesia Monitors, Others)

5.4.4.2.1.2. By Vital Sign Monitors (Blood Pressure Monitors, Pulse Oximeters, Heart Rate Monitor (ECG), Temperature Monitor, Others)

5.4.4.2.2.             By Application (Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others)

5.4.4.2.3.             By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare)

5.4.4.3.         Pricing Analysis

5.4.5.     Spain Remote Patient Monitoring Devices Market Outlook

5.4.5.1.         Market Size & Forecast

5.4.5.1.1.             By Value & Volume

5.4.5.2.         Market Share & Forecast

5.4.5.2.1.             By Product (Special Monitors v/s Vital Sign Monitors)

5.4.5.2.1.1. By Special Monitors (Blood Glucose Monitors, Cardiac Rhythm Monitors, Respiratory Monitors, Anesthesia Monitors, Others)

5.4.5.2.1.2. By Vital Sign Monitors (Blood Pressure Monitors, Pulse Oximeters, Heart Rate Monitor (ECG), Temperature Monitor, Others)

5.4.5.2.2.             By Application (Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others)

5.4.5.2.3.             By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare)

5.4.5.3.         Pricing Analysis

5.4.6.     Finland Remote Patient Monitoring Devices Market Outlook

5.4.6.1.         Market Size & Forecast

5.4.6.1.1.             By Value & Volume

5.4.6.2.         Market Share & Forecast

5.4.6.2.1.             By Product (Special Monitors v/s Vital Sign Monitors)

5.4.6.2.1.1. By Special Monitors (Blood Glucose Monitors, Cardiac Rhythm Monitors, Respiratory Monitors, Anesthesia Monitors, Others)

5.4.6.2.1.2. By Vital Sign Monitors (Blood Pressure Monitors, Pulse Oximeters, Heart Rate Monitor (ECG), Temperature Monitor, Others)

5.4.6.2.2.             By Application (Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others)

5.4.6.2.3.             By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare)

5.4.6.3.         Pricing Analysis

5.4.7.     Greece Remote Patient Monitoring Devices Market Outlook

5.4.7.1.         Market Size & Forecast

5.4.7.1.1.             By Value & Volume

5.4.7.2.         Market Share & Forecast

5.4.7.2.1.             By Product (Special Monitors v/s Vital Sign Monitors)

5.4.7.2.1.1. By Special Monitors (Blood Glucose Monitors, Cardiac Rhythm Monitors, Respiratory Monitors, Anesthesia Monitors, Others)

5.4.7.2.1.2. By Vital Sign Monitors (Blood Pressure Monitors, Pulse Oximeters, Heart Rate Monitor (ECG), Temperature Monitor, Others)

5.4.7.2.2.             By Application (Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others)

5.4.7.2.3.             By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare)

5.4.7.3.         Pricing Analysis

5.4.8.     Portugal Remote Patient Monitoring Devices Market Outlook

5.4.8.1.         Market Size & Forecast

5.4.8.1.1.             By Value & Volume

5.4.8.2.         Market Share & Forecast

5.4.8.2.1.             By Product (Special Monitors v/s Vital Sign Monitors)

5.4.8.2.1.1. By Special Monitors (Blood Glucose Monitors, Cardiac Rhythm Monitors, Respiratory Monitors, Anesthesia Monitors, Others)

5.4.8.2.1.2. By Vital Sign Monitors (Blood Pressure Monitors, Pulse Oximeters, Heart Rate Monitor (ECG), Temperature Monitor, Others)

5.4.8.2.2.             By Application (Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others)

5.4.8.2.3.             By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare)

5.4.8.3.         Pricing Analysis

5.4.9.     Bulgaria Remote Patient Monitoring Devices Market Outlook

5.4.9.1.         Market Size & Forecast

5.4.9.1.1.             By Value & Volume

5.4.9.2.         Market Share & Forecast

5.4.9.2.1.             By Product (Special Monitors v/s Vital Sign Monitors)

5.4.9.2.1.1. By Special Monitors (Blood Glucose Monitors, Cardiac Rhythm Monitors, Respiratory Monitors, Anesthesia Monitors, Others)

5.4.9.2.1.2. By Vital Sign Monitors (Blood Pressure Monitors, Pulse Oximeters, Heart Rate Monitor (ECG), Temperature Monitor, Others)

5.4.9.2.2.             By Application (Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others)

5.4.9.2.3.             By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare)

5.4.9.3.         Pricing Analysis

5.4.10.  Croatia Remote Patient Monitoring Devices Market Outlook

5.4.10.1.      Market Size & Forecast

5.4.10.1.1.           By Value & Volume

5.4.10.2.      Market Share & Forecast

5.4.10.2.1.           By Product (Special Monitors v/s Vital Sign Monitors)

5.4.10.2.1.1.               By Special Monitors (Blood Glucose Monitors, Cardiac Rhythm Monitors, Respiratory Monitors, Anesthesia Monitors, Others)

5.4.10.2.1.2.               By Vital Sign Monitors (Blood Pressure Monitors, Pulse Oximeters, Heart Rate Monitor (ECG), Temperature Monitor, Others)

5.4.10.2.2.           By Application (Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others)

5.4.10.2.3.           By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare)

5.4.10.3.      Pricing Analysis

6.    Market Dynamics

6.1.  Drivers

6.2.  Challenges

7.    Market Trends & Developments

8.    Competitive Landscape

8.1.  Business Overview

8.2.  Product Offerings

8.3.  Recent Developments

8.4.  Financials (As Reported)

8.5.  Key Personnel

8.6.  SWOT Analysis

8.6.1.     Koninklijke Philips N.V

8.6.2.     Medtronic Plc

8.6.3.     OMRON Healthcare Europe B.V.

8.6.4.     Masimo Europe Limited

8.6.5.     Abbott Laboratories Limited

8.6.6.     Dragerwerk AG & Co. KGaA

8.6.7.     Dexcom, Inc.

8.6.8.     Baxter International Inc.

8.6.9.     iRhythm Technologies, Inc.

8.6.10.  Hill-Rom Holdings Inc. (Welch Allyn)

9. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Rising incidences of various diseases and disorders, and growing adoption of advanced technology are driving the demand for the Europe remote patient monitoring devices market.

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Koninklijke Philips N.V, Medtronic Plc, OMRON Healthcare Europe B.V., Masimo Europe Limited, Abbott Laboratories Limited, Dragerwerk AG & Co. KGaA, Dexcom, Inc., Baxter International Inc., iRhythm Technologies, Inc., and Hill-Rom Holdings Inc. (Welch Allyn) p are the key players operating in the Europe remote patient monitoring devices market.

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On the basis of application, the Europe remote patient monitoring devices market is segmented into diabetes, hypertension, cardiovascular diseases, weight management & fitness monitoring, and others. The cardiovascular disease segment is expected to dominate in the upcoming years. This is attributed to the growing occurrences of chronic diseases and large patient pool.

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The high implementation cost of the remote patient system, lack of awareness among the healthcare providers, and insufficiency in maintaining privacy and security of the medical data are likely to hamper the growth of Europe remote patient monitoring devices market.