Dublin, Sept. 04, 2019 (GLOBE NEWSWIRE) -- The "Asia-Pacific Remote Patient Monitoring Devices Market to 2027 - Regional Analysis and Forecasts by Product, Application End User, and Country" report has been added to ResearchAndMarkets.com's offering.
The Asia-Pacific Remote Patient Monitoring Devices market is expected to reach US$ 347.15 Mn in 2027 from US$ 153.78 Mn in 2018. The market is estimated to grow with a CAGR of 9.7% from 2019-2027.
The growth of the market is driven by the factors such as rise in economy of these countries, the living standard of people is also increasing attributed to the increase in per capita income and spending capability, the increasing prevalence of the cardiovascular disease population in India and China are likely to boost the growth of the remote patient monitoring devices in the Asia Pacific during the forecast period.
Chronic diseases, including heart disease, stroke, diabetes, and obesity, are the leading causes of death in the world and account for most of the nation's health care costs.
- According the Global Burden of Disease study estimate of CVD death rate of 272 per 100,000 population in India which is higher than the global average of 235 per 100,000 population. Moreover, Premature mortality in terms of years of life lost because of CVD in India increased by 59%, from 23.2 million (1990) to 37 million (2010).
- Similar trends for high prevalence of diabetes are present around other geographies of the Asia-Pacific that include China, South Korea, and Australia. For instance, according to IDF Diabetes Atlas published by the International Diabetes Federation in 2017, south-east Asia is home to approximately one-fifth (19%) of the total diabetes population worldwide.
- According to the World Health Organization, in 2014, 230 million people had cardiovascular disease (CVD) in China. Furthermore, by 2030, the number is predicted to increase by 50% considering aging Chinese population and growth. Furthermore, by 2030, cardiovascular disease will cost $1,044 billion to Chinese government.
Thus, increasing geriatric population and related chronic diseases are expected to drive the sales of patient monitoring devices thereby propelling the growth of Asia-Pacific remote patient monitoring devices market over the forecast years.
Japan is anticipated to lead the adoptions of Remote Patient Monitoring Devices across the Asia Pacific region through the forecast period. Japan has entered the era of the fastest growing geriatric population, the growing ageing population has led to the transformation of the medical systems. The advanced health transition is seen in the country and is increasingly putting pressure on the sustainability of its health systems. The rise in the geriatric population is responsible for the increasing the burden of the diseases in the region.
Key Topics Covered
Part 1. Introduction
1.1 Scope of the Study
1.2 Report Guidance
Part 2. Asia Pacific Remote Patient Monitoring Devices Market - Key Takeaways
Part 3. Asia Pacific Remote Patient Monitoring Devices Market - Market Landscape
3.1 Overview
3.2 Market Segmentation
3.2.1 Asia Pacific Remote Patient Monitoring Devices Market - By Product
3.2.2 Asia Pacific Remote Patient Monitoring Devices Market - By Application
3.2.3 Asia Pacific Remote Patient Monitoring Devices Market - By End-User
3.2.4 Asia Pacific Remote Patient Monitoring Devices Market - By Country
3.3 PEST Analysis
3.3.1 Asia Pacific - PEST Analysis
Part 4. Asia Pacific Remote Patient Monitoring Devices Market-Key Market Dynamics
4.1 Key Market Drivers
4.1.1 Rising Prevalence of Chronic Diseases
4.1.2 Increasing Geriatric Population
4.1.3 Rising Awareness Regarding Healthcare
4.2 Key Market Challenges
4.2.1 Unaddressed Regulatory Concerns
4.2.2 Security and Privacy Concerns
4.3 Key Market Opportunities
4.3.1 Rising Demand For Home-Based Treatments
4.3.2 Expansion of Healthcare Facilities In Remote Locations
4.4 Future Trends
4.4.1 Remote Monitoring To Replace Patients' Routine Visits In The Near Future
4.5 Impact Analysis
Part 5. Remote Patient Monitoring Devices Market - Asia Pacific Analysis
5.1 Asia Pacific Remote Patient Monitoring Devices Market Revenue Forecasts and Analysis
5.2 Market Positioning
5.3 Performance of Key Players
5.3.1 Medtronic
5.3.2 Koninklijke Philips N.V.
5.4 Expert Opinions
Part 6. Asia Pacific Remote Patient Monitoring Devices Market Analysis - By Product
6.1 Overview
6.2 Asia Pacific Remote Patient Monitoring Devices Market, By Product, 2017 & 2027 (%)
6.3 Asia Pacific Remote Patient Monitoring Devices Market Revenue and Forecasts To 2027, By Product (US$ Bn)
6.4 Asia Pacific Vital Sign Monitors Remote Patient Monitoring Devices Market
6.5 Asia Pacific Special Monitors Remote Patient Monitoring Devices Market
Part 7. Asia Pacific Remote Patient Monitoring Devices Market Analysis - By Application
7.1 Overview
7.2 Asia Pacific Remote Patient Monitoring Devices Market, By Application 2018 & 2027 (%)
7.3 Cardiovascular Diseases Treatment Market
7.4 Cancer Treatment Market
7.5 Sleep Disorder Treatment Market
7.6 Diabetes Treatment Market
7.7 Weight Management & Fitness Monitoring Market
Part 8. Asia Pacific Remote Patient Monitoring Devices Market Analysis - By End User
8.1 Overview
8.2 Asia Pacific Remote Patient Monitoring Devices Market, By End User 2018 & 2027 (%)
8.3 Hospitals & Clinics Market
8.4 Ambulatory Care Centers Market
8.5 Home Healthcare Market
Part 9. Asia Pacific Remote Patient Monitoring Devices Market Revenue and Forecasts To 2027
Part 10. Remote Patient Monitoring Devices Market - Industry Landscape
10.1 Overview
10.2 Growth Strategies In The Remote Patient Monitoring Devices Market, 2015-2018
10.3 Organic Developments
10.4 Organic Growth Strategies In The Remote Patient Monitoring Devices Market, 2016-2019
10.5 Product Launch
10.6 Product Approval
10.7 Business Expansion
10.8 Inorganic Developments
10.9 Inorganic Growth Strategies In The Remote Patient Monitoring Devices Market, 2015-2019
10.10 Partnership
10.11 Merger & Acquisition
10.12 Agreements
Part 11. Remote Patient Monitoring Devices Market-Key Company Profiles
11.1 Koninklijke Philips N.V.
11.2 GE Healthcare
11.3 Boston Scientific Corporation
11.4 Omron Corporation
11.5 Medtronic
11.6 Welch Allyn
11.7 Resideo Technologies, Inc. (Subsidiary of Honeywell International Inc.)
11.8 Abbott
11.9 Biotronik SE & Co. KG
11.10 Masimo
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