Global Digital Patient Monitoring Devices Market Report 2021: Market to Surpass $200 Billion by 2027 - Wearable Devices to Account for $69.6 Billion - ResearchAndMarkets.com
Global Digital Patient Monitoring Devices Market Report 2021: Market to Surpass $200 Billion by 2027 - Wearable Devices to Account for $69.6 Billion - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Digital Patient Monitoring Devices - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Digital Patient Monitoring Devices Market to Reach $200.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Digital Patient Monitoring Devices estimated at US$ 47.4 Billion in the year 2020, is projected to reach a revised size of US$ 200.9 Billion by 2027, growing at a CAGR of 22.9% over the analysis period 2020-2027.
Wearable Devices, one of the segments analyzed in the report, is projected to record a 23.9% CAGR and reach US$ 69.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the mHealth segment is readjusted to a revised 26.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $12.8 Billion, While China is Forecast to Grow at 28.6% CAGR
The Digital Patient Monitoring Devices market in the U.S. is estimated at US$ 12.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$ 49.1 Billion by the year 2027 trailing a CAGR of 28.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18% and 20.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 19.6% CAGR.
Wireless Sensor Technology Segment to Record 17.6% CAGR
In the global Wireless Sensor Technology segment, USA, Canada, Japan, China and Europe will drive the 16.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$ 7.9 Billion in the year 2020 will reach a projected size of US$ 23.5 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$ 30.2 Billion by the year 2027, while Latin America will expand at a 18.9% CAGR through the analysis period.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Global Competitor Market Shares
- Digital Patient Monitoring Devices Competitor Market Share Scenario Worldwide (in %): 2020E
- Global Competitor Market Shares by Segment
2. FOCUS ON SELECT PLAYERS (Total 42 Featured):
- Airstrip Technologies Inc.
- AT&T INC.
- Athena health Inc
- Fitbit Inc.
- Garmin Ltd.
- GE Healthcare
- Jawbone
- Medtronic Plc
- Omron Corporation
- Phillips Healthcare
- ResMed
- VitalConnect
- Welch Allyn
- Zephyr Technology Corporation
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- Market Analytics
- CANADA
- JAPAN
- CHINA
- EUROPE
- Market Facts & Figures
- Market Analytics
- FRANCE
- GERMANY
- ITALY
- UNITED KINGDOM
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA-PACIFIC
- AUSTRALIA
- INDIA
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- ARGENTINA
- BRAZIL
- MEXICO
- REST OF LATIN AMERICA
- MIDDLE EAST
- IRAN
- ISRAEL
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- AFRICA
IV. COMPETITION
- Total Companies Profiled: 42
For more information about this report visit https://www.researchandmarkets.com/r/b88z1v
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
