Telemonitoring Systems – Global Market Opportunities to 2023: Focus on COPD, Glucose Level & Cardiac Telemonitoring Systems – ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)-- The "Global Telemonitoring Systems Market Trends - Segmented By Product Type (COPD Telemonitoring System, Glucose Level Telemonitoring System, Cardiac Telemonitoring System), Application, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The market is expected to register a CAGR of over 12.65% during the forecast period 2018-2023.

Over the last couple of decades, healthcare monitoring systems had drawn significant attention worldwide. Telemonitoring improves the patient visibility and interaction that is beneficial at any point of the care continuum.

An aging population, increase in chronic diseases, rise in healthcare spending worldwide, accelerating health cost, regulatory reforms and new payment models are driving interest and growth in telemonitoring. Moreover, technological advancements in the monitoring devices are expected to further fuel the growth of the market. However, lack of adequate information and communication technology infrastructure in rural areas is hampering the market growth.

Key Highlights

• Increasing Chronic Diseases & Aging Population Fueling the Growth of the Telemonitoring Systems Market
• North America is a Major Contributor in the Telemonitoring Systems Market

Major Market Developments

• Philips, a global leader in health technology and Dutch Rijnstate Hospital signed a new 10-year strategic partnership agreement, to jointly develop the hospital of the future, a new hospital concept that uses the latest monitoring and connected health technologies, to expand its delivery of care from the hospital to a regional care network, including homes.
• Medtronic PLC announced that its Medtronic Care Management Services (MCMS) business launched new telehealth solutions, in support of its national contract awarded by the US Department of Veterans Affairs (VA), for home telehealth devices and services.

Companies Profiled

Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Insights

5. Market Dynamics

6. Global Telemonitoring Systems Market Segmentation

7. Competitive Intelligence - Company Profiles

8. Telemonitoring Systems Market Investment Analysis

9. Future of the Global Telemonitoring Systems Market

For more information about this report visit https://www.researchandmarkets.com/research/73rt9x/telemonitoring?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180927005663/en/

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Source: Research and Markets