Real Time Health Monitoring Devices Market Scenario, Leading Players, Segments Analysis and Growth By Forecast to 2023
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Market Overview:
Real Time Health Monitoring Devices provide constant analysis and tracking of the health parameters of a patient. In the recent years healthcare monitoring systems have gained significant traction in the medical sector. The prime objective was to create a reliable patient monitoring system so the patients can be monitored by healthcare professionals, who are either hospitalized or executing their daily life activities. Patients are sharing their issues and their healthcare data with their specialists with the assistance of these devices for easy and flexible monitoring and treatments. The vital signs of health status that are imperative parameter in health monitoring system include heart rate, blood pressure, body temperature, oxygen saturation and respiratory rate. As per the statistics of the last decade on medical records, death rates because of heart disease, demonstrates that the pulse is a critical risk factor for atherosclerosis and ischemic heart infections; hence, preventive measures must to be taken against hypertension which give the capacity to track, follow and spare patient's life at proper time is a basic requirement for mankind. Internet of Things (IOT) is colossally improving the social insurance states of patients. Monitoring the patient and drug management has become convenient because of the adoption of the IOT medicinal devices in the healthcare sector.
Topmost Players:
The leading players in the market are Qualcomm, Withings, Jawbone Inc, Fitbit, Wipro GE Healthcare Pvt Ltd and Garmin Ltd. In October-2017, Qualcomm, along with Netgearand other collaborators declared the launch of the first product to support gigabit LTE, a mobile hotspot. The hotspot utilizes a variety of technologies to reach those high speeds, including carrier aggregation. It runs on Telstra’s existing LTE networks.
Restraining Factors of the Market:
Apart from the various benefits provided by real time health monitoring devices, there are certain factors that hamper its growth in the market. The major restraining factor of the market is the lack of awareness among patient’s as wells as healthcare professionals regarding the benefits of real time health monitoring devices. These devices are in the growing phase in developing regions, thereby prompting lack of awareness and inclination towards these devices. Moreover, lack of medical work force affects the nature of treatment, care and nursing which hampers the growth of the market.
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Growth Boosters of the Market:
The Real Time Health Monitoring Devices Market is driven by several factors and is foreseen to grow significantly in the medical sector. The major factor that boost the growth of the market is that these devices provide precise data of the patient’s health on real time basis and the advent of Internet of Things in medical devices that has made it extremely convenient for healthcare professionals to monitor the health of the patients. Besides, growing usage of wearable devices and smartphones into healthcare sector, cost viability and convenience of patients' to make use of these devices have brought about a surging demand for these devices. Real time health monitoring devices have proven to be extremely efficient as it assists in effectively managing and averting medical emergencies such raised blood pressure and heart attack. Owing to this, several hospitals and healthcare settings have made it mandatory in several countries to adopt real time health monitoring systems. Moreover, Wireless technology has developed in several applications that are becoming a part of human activities such as military, agriculture, medical care, smart home system etc. Subsequently, wireless sensor networks (WSN) play a vital part in health monitoring systems, for the reason that WSN can provide benefits over other types of wireless systems, particularly its scalability, power management and flexibility.
Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.1. Introduction
3.2. Market Dynamics
Chapter 4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
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Chapter 5. Real-Time Health Monitoring Devices Market, By Type
5.1. Introduction
5.2. Global Real-Time Health Monitoring Devices Sales, Revenue and Market Share by Type (2014-2018)
5.3. Wearable Devices
5.4. Home Health Medical Devices
Chapter 6. Real-Time Health Monitoring Devices Market, By End User
6.1. Introduction
6.2. Global Real-Time Health Monitoring Devices Sales, Revenue and Market Share by End User (2014-2018)
6.3. Hospital
6.4. Clinics
6.5. Ambulatory Centers
Chapter 7. Real-Time Health Monitoring Devices Market, By Region
7.1. Introduction
7.2. Global Real-Time Health Monitoring Devices Sales, Revenue and Market Share by Regions
7.3. North America Real-Time Health Monitoring Devices by Countries
7.4. Europe Real-Time Health Monitoring Devices by Countries
7.5. Asia-Pacific
7.6. South America
7.7. Middle East and Africa
Chapter 8. Company Profiles
8.1. Qualcomm
8.2. GE Healthcare
8.3. Withings SA
8.4. Jawbone, Inc.
8.5. Garmin Ltd.
8.6. Fitbit, Inc.
Chapter 9. Global Real-Time Health Monitoring Devices Market Competition, by Manufacturer
9.1. Global Real-Time Health Monitoring Devices Sales and Market Share by Manufacturer (2016-2017)
9.2. Global Real-Time Health Monitoring Devices Revenue and Market Share by Manufacturer (2016-2017)
9.3. Global Real-Time Health Monitoring Devices Price (2016-2017)
9.4. Top 5 Real-Time Health Monitoring Devices Manufacturer Market Share
9.5. Market Competition Trend
Chapter 10. Real-Time Health Monitoring Devices Market Forecast (2018-2023)
10.1. Global Real-Time Health Monitoring Devices Sales, Revenue (Millions USD) and Growth Rate (2018-2023)
10.2. Real-Time Health Monitoring Devices Market Forecast by Regions (2018-2023)
10.3. Real-Time Health Monitoring Devices Market Forecast by Type (2018-2023)
10.4. Real-Time Health Monitoring Devices Market Forecast by End User (2018-2023)
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