Remote Patient Monitoring System Market Forecast to 2034 – For Business Leaders, Analysts, and Strategic Teams
Remote Patient Monitoring System Global Market Report 2025
The Business Research Company's Remote Patient Monitoring System Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, July 3, 2025 /EINPresswire.com/ -- How Big Is The Global Remote Patient Monitoring System Market Expected To Grow?
Researchers have observed that the remote patient monitoring system has magnified immensely, growing from $4.29 billion in 2024 to $5.19 billion in 2025 at a compound annual growth rate CAGR of 20.9%. This growth is largely credited to factors like the rising prevalence of chronic diseases, increasing adoption of telehealth and telemedicine services, growing demand for home healthcare, rising healthcare costs driving the need for cost-effective monitoring, and an aging global population.
What Is Its Annual Growth Rate?
Experts predict a further surge in the remote patient monitoring system market, estimating it to reach $11 billion by 2029 at a compound annual growth rate CAGR of 20.6%. The growth during the forecast period is attributable to factors such as growing emphasis on personalized and value-based care models, rising adoption of 5G technology enabling real-time data transmission, increasing investments in healthcare IT infrastructure, increasing collaborations between technology companies, and expansion of hospital-at-home programs. Trends in the forecast period include the adoption of AI and machine learning, integration with telehealth platforms, cloud-based data management, advancements in battery technology, and the adoption of home healthcare solutions.
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What Is Driving The Growth Of The Remote Patient Monitoring System Market?
An increasing incidence of cardiac conditions is expected to propel the market growth moving forward. Cardiac conditions, diseases that impact the heart's structure, function, or rhythm, including ailments like coronary artery disease, heart failure, and arrhythmias are primarily on the rise due to unhealthy lifestyle choices. Remote patient monitoring systems help manage the incidence of cardiac conditions, continually tracking vital signs such as heart rate, blood pressure, and electrocardiogram ECG in non-clinical environments, facilitating early detection, timely intervention, improved treatment adherence, reduced hospitalizations, and slower disease progression.
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Which Leading Companies Are Driving The Growth Of The Remote Patient Monitoring System Market Share?
Major companies operating in the remote patient monitoring system market include Johnson & Johnson, Abbott Laboratories, Honeywell International Inc., Medtronic plc, Koninklijke Philips N.V., GE Healthcare Technologies Inc., Boston Scientific Corporation, Resideo Life Care Solutions, Omron Corporation, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Drägerwerk AG & Co. KGaA, Teladoc Health Inc., Masimo Corporation, Biotronik SE & Co. KG, Nihon Kohden Corporation, OSI Systems Inc., iRhythm Technologies Inc., Health Recovery Solutions Inc., LifeWatch AG, VitalConnect Inc., Vivify Health Inc., Welch Allyn Inc., Vitls Inc., Bio-Beat Technologies Ltd.
What Are The Key Trends Of The Remote Patient Monitoring System Market?
Companies in the remote patient monitoring system market are focusing on advancements in medical technology, such as wearable sensors, which improve real-time health data collection, enhance patient engagement and support proactive clinical decision-making. Wearable sensors are small electronic devices used to the body that continuously measure and collect healthcare-related data, facilitating real-time monitoring of a person’s physiological condition.
How Is The Global Remote Patient Monitoring System Market Segmented?
Want to delve deeper into how the remote patient monitoring system market is segmented?
- By Product: Vital Sign Monitor, Specialized Monitor
- By Component: Devices, Software, Services
- By Application: Cancer, Cardiovascular Diseases, Diabetes, Sleep Disorder, Weight Management and Fitness Monitoring, Bronchitis, Infections, Other Applications
- By End-User: Hospitals, Home Care Settings, Ambulatory Care Centers, Other End-Users
Subsegments:
- By Vital Sign Monitor: Heart Rate Monitor, Blood Pressure Monitor, Respiratory Rate Monitor, Temperature Monitor, Pulse Oximeter
- By Specialized Monitor: Glucose Monitor, ECG Monitor, Weight Management Monitor, Sleep Disorder Monitor, Respiratory Monitor, Other Specialized Devices
What Are The Leading Region In The Remote Patient Monitoring System Market?
Eager to understand the regional trends in the remote patient monitoring system market? North America secured the largest share in the remote patient monitoring system market in 2024, however, Asia-Pacific is expected to be the fastest-growing region in the forecast period.
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