North America Digital Health Monitoring Devices Market, By Product (Devices, Software, Services), Type (Wireless Health, mHealth, Telehealth, EHR/EMR, Others), End User (Hospital, Homecare Settings, Clinics, Ambulatory Surgical Centres, Others), Country (U.S., Mexico, Canada) Industry Trends and Forecast to 2028.
Market Analysis and Insights : North America Digital Health Monitoring Devices Market
Data Bridge Market Research analyses that the North America digital health monitoring devices market to be growing at CAGR of 16.4% in the forecast period of 2021-2028.
Digital patient monitoring is a subcategory of home telehealth that allows patients to use software and mobile medical devices to collect and send patient-generated health data (PGHD) for healthcare professionals. It is commonly used to support acute care, post-discharge, and care for elderly patients.
The surge in the adoption rate of remote patient monitoring solutions and growing per capita income are the major factors influencing the growth of the digital health monitoring devices market. Furthermore, rise in the number of start-up businesses, growing government measures and increasing investment for these start-ups are the major fostering that will enhance the growth of digital health monitoring devices market.
Technological advancement for instance artificial intelligence and internet of things and new product launches will create beneficial opportunities for the market growth.
However, high cost associated with these device and lack of awareness are the factors that will obstruct the market growth and will further challenge the digital health monitoring devices market.
This North America digital health monitoring devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on North America digital health monitoring devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Digital Health Monitoring Devices Market Scope and Market Size
North America digital health monitoring devices market is segmented on the basis of product, type and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- The digital health monitoring devices market is segmented on the basis of product into devices, software and services. Devices have been further sub-segmented into vital signs monitoring devices, glucose monitoring devices, sleep monitoring devices, fetal monitoring and obstetric devices, and neuro-monitoring devices. Software has been further sub-segmented into healthcare apps, chronic disease apps, personal health apps and others. Services have been further sub-segmented into remote monitoring, consultancy services and others.
- On the basis of type, the digital health monitoring devices market is segmented into wireless health, mhealth, telehealth, EHR/EMR and others.
- On the basis of end-user, the digital health monitoring devices market is segmented into hospitals, homecare settings, clinics, ambulatory surgical centres and others.
North America Digital Health Monitoring Devices Market Country Level Analysis
North America digital health monitoring devices market is segmented on the basis of product, type and end-user.
The countries covered in North America digital health monitoring devices market report are U.S., Canada and Mexico.
The country section of the North America digital health monitoring devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
North America digital health monitoring devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for North America digital health monitoring devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the North America digital health monitoring devices market. The data is available for historic period 2010 to 2019.
Competitive Landscape and North America Digital Health Monitoring Devices Market Share Analysis
North America digital health monitoring devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to North America digital health monitoring devices market.
The major players covered in the North America digital health monitoring devices market report are BioTelemetry, a Philips Company, Siemens Healthcare GmbH, Allscripts Healthcare, LLC, Medtronic, Agfa-Gevaert Group., iHealth Labs Inc., OMRON Corporation, Boston Scientific Corporation, BIOTRONIK SE & Co. KG, Honeywell International Inc., Epic Systems Corporation, McKesson Corporation, Koninklijke Philips N.V., Abbott, IBM, GENERAL ELECTRIC, Cerner Corporation, Cisco Systems, Inc., Qualcomm Technologies, Inc., among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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