Wireless Patient Monitoring Market

Wireless Patient Monitoring Market: Global Industry Analysis and Opportunity Assessment 2016-2026

  • Ongoing
  • July 2020
  • REP-GB-1859
Wireless Patient Monitoring Market

  • US$5,000
  • US$7,500
  • US$10,000

This Wireless Patient Monitoring market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Wireless Patient Monitoring market.

Despite high level of medical observation, medical monitoring and record maintenance by a physician or a nurse, it is difficult to keep in mind/track the various patient data/information for over a period of time. Hence, the Patient Monitoring System (PMS) is invented.

To reduce the human error and to lessen the burden of doctor about the patient’s health there exists a methodology for monitoring patients from any location with the use of GSM network and Very Large Scale Integration (VLSI).

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

COVID -19 : Impact Analysis

Request the coronavirus impact analysis across industries and markets

Request Covid -19 Impact
PMS measure the physiological signs in continuous or at regular intervals. This would be used in monitoring physiological signals which includes ECG, Respiratory effects, Blood Pressure both in Invasive and Non-Invasive Methods, oxygen levels in human blood, body temperature, and other electrophysiological conditions, etc.

This has led to the improvised version of PMS which can get Wireless Patient Monitoring System (WPMS) into the patient’s life. WPMS made the patient monitoring much sophisticated and reliable to the patients living in the remote areas. The patients can easily send their health information to the respective physicians at any given time from any location at any time. This has led many innovations in the present health care sector with many therapeutic areas covering through WPMS.

The WPMS are majorly used in hospitals and residents which help the nursing staff to easily manage the data of different patients and carry on the ad-hoc emergency cases. The patients are asked to follow proper guidelines on how to use the WPMS at specific periods. Providing data to the physicians helps to maintain records for a longer period.

The PMS device on multiple sensor and electrodes used for receiving physiological signals like as SpO2Finger Sensors, ECG Electrodes, Blood Pressure Cuff and Temperature Probe to measure the physiological signals.

Wireless Patient Monitoring Systems Market: Segmentation   

The global market for Wireless Patient Monitoring Systems are broadly classified on the basis of product type, application and end user.          

Wireless Patient Monitoring Systems Market: Drivers and Restraints

There are large number of patient pool prefer to manage health checkup from remote place, increase in the health awareness, the technological advancements in data recording for a longer period of time, therapeutic treatment and growing incidence of cardiovascular disease led to the increase in Wireless Patient Monitoring Systems.

Wireless Patient Monitoring Systems Market: Overview

Wireless Patient Monitoring Systems: Region-wise Outlook

Wireless Patient Monitoring Systems: Key Players

Key players operating in the global Wireless Patient Monitoring Systems are American TeleCare, Cardiocom, Carematix, Cybernet Medical Corporation, Drager Medical, GE Healthcare, GlobalMedia Group, Honeywell HomMed.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

Unique Requirements? Customize this Report

  • Customize by Region, Country, Application, Product, & other segments
  • Integrate our Insights with your Existing Data
  • Determine the scope of the study to suit your requirements

Let FMI Help You!

  • Gain Insights on Key Wireless Patient Monitoring Market Impacting Forces
  • Know the Winning Strategies of Market Leaders
  • Get Deep-Dive Analysis on Each Segment
  • Identify the Sources that will Drive Top-Line Revenue

Working principle of WPMS consists of three elements categorized as patient units, main controller units and observer units. The basic functional principle includes heart rate sensor, temperature sensor, ECG sensors, GPS modems, BP sensors, GSM modems and microcontroller.

The PMS device on multiple sensor and electrodes used for receiving physiological signals like as SpO2Finger Sensors, ECG Electrodes, Blood Pressure Cuff and Temperature Probe to measure the physiological signals.

Wireless Patient Monitoring Systems Market: Segmentation   

Based on Product type, the Wireless Patient Monitoring Systems has been segmented as follows:

  • Cardiac Monitoring Devices
    • ECG Monitoring
    • BP Monitors
    • Heart Rate Monitors
    • Fetal Heart Rate Monitor
  • Respiratory Monitoring Devices
    • Respiration Rate Monitor
    • Spirometers
    • Sleep Apnea Monitor
  • Hematological Monitors
    • Blood Glucose Monitor
    • Prothrombin Time Monitor
  • Multi-sign Monitors

Based on application type, the Wireless Patient Monitoring Systems has been segmented as follows:

  • Asthma Monitoring
  • Chronic Obstructive Pulmonary Disease Monitoring
  • Congestive Heart Failure Monitoring Device
  • Coronary Heart Disease Monitoring Device
  • Cancer Monitoring Device
  • Diabetes Monitoring Device
  • Other Disease Monitoring

Based on end user, the Wireless Patient Monitoring Systems has been segmented as follows:

  • Hospitals
  • Home healthcare
  • Nursing homes
  • Other (including first responders, institutional, physician offices, and military)

The drawback for the Wireless Patient Monitoring Systems is the high cost, lack of uniform reimbursement.

Wireless Patient Monitoring Systems Market: Overview

The Global Wireless Patient Monitoring Systems market is expected to expand at healthy CAGR owing to increasing adoption of the products across the world. Among end users, hospital end user segment is expected to account for maximum share due to a requirement of advanced healthcare infrastructure and low cost.

Wireless Patient Monitoring Systems: Region-wise Outlook

Geographically, the global wireless patient monitoring systems market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. Among all the regions, North America will continue to lead the global market for wireless patient monitoring systems due to high purchasing power. Asia- Pacific is expected to account for the second largest share in the global market primarily due to increasing number of medical interventions. A regional overview can be a directly proportional to the population.

Wireless Patient Monitoring Systems: Key Players

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint
Frequently Asked Questions

Why choose FMI?
  • With a global presence and a trusted partner to several Fortune 500 firms, FMI covers 1 billion+ data points to build a diversified portfolio for market benchmarking
  • Market Reports researched and peer reviewed by industry experts from across the globe
  • We follow a multi-dimensional method of analysis monitoring a three-layer data validation process
  • In addition to demand-side market assessment, our data triangulation methodology involves supply-side research
  • Primary research includes mandatory field interviews with stakeholders involved
  • Customizing reports according to client specification is also our forte
  • The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
  • An overview of the market report, providing an imperative visual of the varied market subdivisions and overall forecast statistics in terms of value and volume
  • Extensive database and key dynamics elevating the market with varied verticals associated
  • Underlying Wireless Patient Monitoring Market forces that are compelling consumers or businesses to purchase the product
  • How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Wireless Patient Monitoring Market
  • What will be environment and regulatory impacts on the market over the next decade
  • Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
  • Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
  • Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)
Get in touch
Harish Tiwari

Harish Tiwari

Global Head - Business Development

Akshay Godge

Akshay Godge

Client Partner - Global Business Development

Our Clients

Request Sample Request customization Request Methodology