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Asia Pacific Remote Patient Monitoring Systems Market - Segmented by Type, Application, End-user, Geography - Growth, Trends, and Forecast (2018 - 2023)

Asia Pacific Remote Patient Monitoring Systems Market - Segmented by Type, Application, End-user, Geography - Growth, Trends, and Forecast (2018 - 2023)

The Asia Pacific remote patient monitoring systems market is expected to witness a CAGR of 12.9% during the forecast period, 2018-2023. Cardiac monitoring segment occupied the largest share in Asia-Pacific market and is predicted to maintain its share till 2023.

Demand for Home-Based Monitoring Devices

The adoption of the various home based monitoring devices has been a helped in growing of the healthcare industry drastically. The switch towards the home care and preventive care has led to the higher acceptance of the remote patient monitoring devices. With the help of these devices the patients can keep a track of their well-being and offer accurate diagnosis. These devices are also helping the patients to recover better after surgeries and during the treatments. However, a paradigm shift towards the home based monitoring is increasing which is driving the remote patient monitoring systems market.

The other factors also include rising incidences of chronic diseases due to lifestyle changes, increase in aging population, need to contain healthcare expenditure and ease of use and portability devices to promote the growth.

Lack of Trained Staff and Physicians

The major restraint for the market is the lack of trained staff and physicians, as these systems require a lot of expertise in handling the remote patient monitoring system.

The other factor also includes resistance from healthcare industry professionals towards the adoption of patient monitoring systems and stringent regulatory framework.

Japan Dominates the Market

Geographically the Asian market has been segmented under various regions namely, China, Japan, India, Australia & New Zealand, and South Korea. Japan dominates the Asia-Pacific patient monitoring system market in 2016, which was followed by China, India, and Korea. The market is majorly driven by the factors such as increasing number of chronic disease in Asia-Pacific, as two in three deaths were from chronic disease worldwide in 2016.

Key Developments in the Market

  • January 2017 - Omron Healthcare Introduced Avail, A Wireless Device For Drug-Free Pain Relief. The device can treat multiple pain sites simultaneously and is controlled by Omron’s new mobile app, Omron TENS, enabling users to operate Avail remotely

Reasons to Purchase this Report
  • Current and future Asia-Pacific remote patient monitoring systems market outlook in the developed and emerging markets
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3 months analyst support, along with the Market Estimate sheet (in Excel)
Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.

1. Introduction
1.1 Market Definition
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
5.1 Current Market Scenario
5.2 Porter's Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threat of New Entrants
5.2.4 Threat of Substitute Product and Services
5.2.5 Competitive Rivalry Within the Industry
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
6.1 Market Drivers
6.1.1 Rising Incidences of Chronic Diseases Due to Lifestyle Changes
6.1.2 Increase in Aging Population
6.1.3 Need to Contain Healthcare Expenditure
6.1.4 Demand for Home-based Monitoring Devices
6.1.5 Ease of Use and Portability Devices to Promote the Growth
6.2 Market Restraints
6.2.1 Resistance from Healthcare Industry Professionals towards the Adoption of Patient Monitoring Systems
6.2.2 Stringent Regulatory Framework
6.2.3 Lack of Trained Staff and Physicians
6.3 Opportunities
6.4 Key challenges
7. Market Segmentation
7.1 By Type
7.1.1 Heart Monitors
7.1.2 Breath Monitors
7.1.3 Hematology Monitors
7.1.4 Multi-parameter monitors
7.1.5 Others
7.2 By Application
7.2.1 Cancer Treatment
7.2.2 Cardiovascular Diseases
7.2.3 Diabetes Treatment
7.2.4 Sleep Disorder
7.2.5 Weight Management and Fitness Monitoring
7.2.6 Others
7.3 By End-users
7.3.1 Home Healthcare
7.3.2 Ambulatory Care Centers
7.3.3 Hospitals
7.3.4 Others
7.4 By Geography
7.4.1 Asia-Pacific China Japan India Australia & New Zealand South Korea Rest of Asia-Pacific
8. Competitive Landscape
8.1 Mergers & Acquisition Analysis
8.2 Agreements, Collaborations, and Partnerships
8.3 New Products Launches
9. Key Players
9.1 Abbott Laboratories
9.2 Omron Healthcare
9.3 AMD South America Telemedicine
9.4 Baxter
9.5 Bosch Medical
9.6 Boston Scientific
9.7 Cardiocom
9.8 Covidien
9.9 GE Healthcare
9.10 Nihon Kohden
9.11 List Not Exhaustive
10. Future of the Market

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