The "mHealth and Home Monitoring - 12th edition" report has been added to ResearchAndMarkets.com's offering.
The number of connected home medical monitoring devices on the global market was 76.7 million at the end of 2023 and is forecasted to grow at a CAGR of 12.8 percent in the next five years to reach 140.1 million in 2028.
The adoption of mHealth solutions in healthcare is driven by a wide range of incentives, related to everything from demographics and technology development to new advancements in medical treatment. The primary focus of this report is on home monitoring solutions, which are commonly used to manage patients with various chronic conditions such as cardiac arrhythmia, sleep apnoea and diabetes. Other applications include remote diagnostics, compliance monitoring and clinical trials.
The revenues for remote patient monitoring (RPM) solutions reached 40.4 billion in 2023, including revenues from medical monitoring devices and mHealth software and services. RPM revenues are expected to grow at a CAGR of 13.9 percent between 2023 and 2028 to reach 77.3 billion at the end of the forecast period.
Connected medical devices accounted for 54 percent of total RPM revenues in 2023. However, revenues for mHealth software and services are growing at a faster rate and will account for 58 percent of total revenues in 2028, up from 46 percent in 2023.
This report will allow you to:
- Learn about key home health monitoring devices and services.
- Study the strategies of 145 key players in the mHealth ecosystem.
- Understand the dynamics of the health monitoring market in Europe and North America.
- Comprehend how wireless technology can become seamlessly integrated with medical devices.
- Evaluate the business opportunities in the emerging mHealth segment.
- Predict future market and technology developments.
The report answers the following questions:
- Which medical conditions offer the best potential for wireless health monitoring solutions?
- Who are the leading providers of connected medical devices?
- What are the mHealth strategies of medical device vendors and pharmaceutical companies?
- What initiatives have been taken by the leading players in the telecom and IT industries?
- How can connectivity redefine the use cases of medical devices and the value to patients?
- Which are the general technology trends for home health monitoring equipment?
- How are new reimbursement policies affecting the mHealth and connected care market?
- How can healthcare providers and payers benefit from mHealth solutions?
Key Attributes:
Report Attribute | Details |
No. of Pages | 320 |
Forecast Period | 2023 - 2028 |
Estimated Market Value (USD) in 2023 | $76.7 Million |
Forecasted Market Value (USD) by 2028 | $140.1 Million |
Compound Annual Growth Rate | 12.8% |
Regions Covered | Global |
Key Topics Covered:
1 The Challenge of Chronic Diseases
1.1 Introduction
1.1.1 The ageing population
1.1.2 Lifestyle-related diseases
1.2 Common chronic diseases
1.2.1 Cardiac arrhythmia
1.2.2 Chronic respiratory diseases
1.2.3 Congestive Heart Failure (CHF)
1.2.4 Diabetes
1.2.5 Hyperlipidaemia
1.2.6 Hypertension
1.2.7 Ischemic diseases
1.2.8 Sleep apnoea
1.3 Healthcare providers and reimbursement systems
1.4 Regulatory environment
2 mHealth Platforms
2.1 Overview of the mHealth market
2.1.1 mHealth market segments
2.1.2 Connectivity options for medical devices
2.1.3 The mHealth technology value chain
2.2 mHealth connectivity solutions
- Alphabet
- Apple
- Bittium
- Deutsche Telekom
- eDevice
- Enovacom (Orange)
- KORE
- MedM
- Microsoft
- PTC
- Telenor
- Vodafone
2.3 mHealth care delivery platforms
- AT&T
- Alira Health (Bepatient)
- Aptar Digital Health
- Clario
- Doccla (OpenTeleHealth)
- Domicalis
- Enovation (Legrand Care)
- Hope Care
- Huma Therapeutics
- Luscii (Omron Healthcare)
- Medisante
- Medixine
- S3 Connected Health
- Sony Network Communications
- TruBridge
3 Physiological Monitoring Solution Providers
3.1 Medical devices and remote monitoring
3.2 Cardiac rhythm management
3.2.1 Overview of the CRM device market
3.2.2 Use cases for CRM monitoring
3.2.3 Remote monitoring solution providers
- Abbott (St. Jude Medical)
- BIOTRONIK
- Boston Scientific
- Medtronic
- MicroPort Scientific
3.3 Remote ECG monitoring
3.3.1 Overview of the remote ECG monitoring device market
3.3.2 Use cases for remote ECG monitoring
3.3.3 Remote monitoring solution providers
- AliveCor
- Boston Scientific Cardiac Diagnostics (Preventice Solutions)
- BioTelemetry (Philips ECG Solutions)
- Biotricity
- CardioComm Solutions
- GE HealthCare
- InfoBionic.Ai
- iRhythm Technologies
- LevMed
- ScottCare Cardiovascular Solutions
- TZ Medical
- VitalConnect
- Vivalink
- Zenicor Medical Systems
3.4 Blood pressure monitoring
3.4.1 Overview of the blood pressure monitoring device market
3.4.2 Use cases for blood pressure monitoring
3.4.3 Remote monitoring solution providers
3.4.4 A&D Holon Holdings Company
- iHealth Labs
- Microlife
- Omron Healthcare
- Smart Meter
- Rossmax
- Welch-Allyn (Baxter International)
- Withings
3.5 Coagulation monitoring
3.5.1 Overview of the coagulation monitoring device market
3.5.2 Use cases for blood coagulation monitoring
3.5.3 Remote monitoring solution providers
- CoaguSense
- Helena Laboratories
- iLine Microsystems
- Roche Diagnostics
- Siemens Healthineers
- Werfen (Instrumentation Laboratory)
3.6 Sleep therapy monitoring
3.6.1 Overview of the sleep therapy device market
3.6.2 Use cases for sleep therapy monitoring
3.6.3 Remote monitoring solution providers
- BMC Medical
- Fisher & Paykel Healthcare
- Lowenstein Medical Technology
- Philips Sleep and Respiratory Care
- ResMed
- SRETT
- Somnics Health
- SomnoMed
3.7 Home sleep diagnostics
3.7.1 Overview of the home sleep diagnostics market
3.7.2 Use cases for home sleep diagnostics
3.7.3 Remote monitoring solution providers
- Acurable
- BioSerenity
- Cadwell Laboratories
- CleveMed
- Compumedics
- Natus Medical
- Nox Medical
- Onera Health
- SOMNOmedics
- Wesper
- Zoll Itamar
3.8 Blood oxygen monitoring
3.8.1 Overview of the blood oxygen monitoring device market
3.8.2 Use cases for blood oxygen monitoring
3.8.3 Remote monitoring solution providers
- BodiMetrics
- ChoiceMMed
- Masimo
- Nonin Medical
3.9 Airflow monitoring
3.9.1 Overview of the air flow monitoring device market
3.9.2 Use cases for airflow monitoring
3.9.3 Remote monitoring solution providers
- AstraZeneca
- Adherium
- Medical International Research
- Monitored Therapeutics
- NDD Medical Technologies
- NIOX Group (Circassia Group)
- Propeller Health
- Respiri
- Sibelmed
- Smart Respiratory
- Vitalograph
3.10 Glucose level monitoring
3.10.1 Overview of the glucose monitoring device market
3.10.2 Use cases for glucose monitoring
3.10.3 Remote monitoring solution providers
- Abbott Diabetes Care
- Ascensia Diabetes Care
- BioTel Care (Philips)
- Dexcom
- Glooko
- Insulet
- LifeScan
- Medtronic Diabetes Operating Unit
- Roche Diabetes Care
- Senseonics
- Tandem Diabetes Care
- Welldoc
3.11 Other
3.11.1 Implantable medical devices
3.11.2 Home haemodialysis
3.11.3 Thermometers and weight scales
3.11.4 Mental health
3.11.5 Cholesterol monitoring
4 Medication, AED and Integrated Monitoring Solution Providers
4.1 Telehealth and multiparameter monitoring solutions
4.1.1 Overview of the telehealth solutions market
4.1.2 Use cases for telehealth solutions
4.1.3 Telehealth solution providers
- Accuhealth
- AMC Health
- American Well (Amwell)
- Biofourmis
- CareSimple
- Current Health (BestBuy Health)
- Medtronic Care Management Services
- Philips Enterprise Telehealth
- SHL Telemedicine
- Teladoc Health
- Telefonica
- TytoCare
4.2 Medication compliance monitoring
4.2.1 Overview of the medication compliance monitoring market
4.2.2 Use cases for medication compliance monitoring
4.2.3 Compliance monitoring solution providers
- AceAge
- AdhereTech
- Compliance Meds Technologies
- etectRx
- Evondos
- Hero
- Information Mediary Corporation
- iZafe Group
- Medimi
- MedMinder
- MedReady
- Merck Group
- Mevia
- RGF Diagnostics (Mymemo)
- Spencer Health Solutions
- Vaica
4.3 Connected automated external defibrillators
4.3.1 Overview of the connected defibrillator market
4.3.2 Use cases for automated external defibrillators
4.3.3 Connected solution providers
- Almas Industries
- Avive Solutions
- Cardia International
- CardiLink
- Metrax
- Nihon Kohden
- Philips Emergency Care
- Physio-Control (Stryker)
- PYRESCOM
- Schiller
- Zoll Medical (Asahi Kasei)
5 Market Analysis and Forecasts
5.1 Market forecasts
5.2 Revenue forecasts
5.3 Market drivers and barriers
- An ageing population increases the demand for care services
- Increase of non-communicable disease prevalence
- The generational technology barrier is disappearing
- Healthcare staff shortages calls for more efficient healthcare
- Increasing government reimbursement for mHealth applications
- Transformation to value-based care
- Increased focus on disease prevention
- Substitutes to medical monitoring
- A slowly changing industry
- Critical role of cybersecurity in digital solutions
- Increased need for interoperability as the number of solutions grows
5.4 Industry trends and analysis
- The role of AI and machine learning in transforming mHealth
- Integrations are becoming crucial in the health data ecosystem
- Consumerization of medical-grade mHealth devices and apps
- How cellular technologies enable reliable connectivity for medical devices
- Major pharmaceutical companies prepare large-scale rollouts
- BYOD is becoming a popular and viable option
- The global adoption of telehealth is ramping up
- Compliance monitoring is a major driver behind home monitoring
- COVID-19 became a catalyst that took mHealth into the next growth phase
For more information about this report visit https://www.researchandmarkets.com/r/hyqq5r
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