Smartphone patient monitoring: the global market

New YorkAnd the November 7 2022 /PRNewswire/- Scope of the report:
This report provides a detailed picture of the Smartphone Patient Monitoring Market.

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This report highlights the current and future market potential of Smartphone Patient Monitoring and provides a detailed analysis of the competitive environment, regulatory scenario, drivers, restraints, opportunities, and trends in the market.

The report also covers the market forecast up to 2027 and the major players in the market.

This report discusses Smartphone Patient Monitoring and its various resources, covering the entire Smartphone-Based Patient Monitoring market, including sensors and applications.

In addition, the report also analyzes many medical applications, including chronic care management applications, public health and fitness applications, drug management applications, patient management and monitoring applications, personal health records applications, and women’s health applications, among others. Moreover, a complete regional analysis of the market has been conducted for this report.

Based on geography, the market has been segmented into North AmaricaAnd the EuropeAnd the Asia Pacificand the rest of the world (which includes Latin americaThe The Middle East And the Africa). Detailed analyzes of major countries (US, CanadaAnd the GermanyUnited kingdom, FranceAnd the SpainAnd the ItaliaAnd the JapanAnd the ChinaAnd the India) in the regional sectors. For market estimates, data is provided for 2021, which serves as the base year, and market forecasts are provided from 2022 to 2027. Estimated values ​​are based on the total revenue of product manufacturers. Projected and forecast revenue values ​​in US dollars that have not been adjusted for inflation.

The report includes:
– 48 spreadsheets and 24 additional tables
– Detailed review and up-to-date assessment of the global smartphone-based patient monitoring market
– Analytics of global market trends, with historical market revenue data from 2020 to 2021, estimates for 2022, and forecasts of compound annual growth rates to 2027
– It highlights the current and future market potential of the Smartphone Based Patient Monitoring industry, along with a detailed analysis of the competitive environment, the driving factors for market growth and the regulatory scenario
– Estimation of actual market size and revenue forecast of US$ Millions of Smartphone Based Patient Monitoring Market, and analysis of corresponding market share by product type, application and region
– In-depth information (facts and figures) related to market drivers, market deterrence factors and other macroeconomic forces affecting the global market outlook for the remote patient monitoring industry
– Updated information on the technology landscape of smartphone patient monitoring, new developments and emerging technologies, clinical trials of several pipeline products, and potential markets for future developments of innovative products
Discussing an industrial value chain analysis that presents a systematic study of the key intermediaries involved, focusing on the type of disease and the main types of end users of this market
– Review of recent published and granted patents on smartphone-based patient monitoring products, applications and technologies
– Identify key stakeholders and analyze the competitive landscape based on recent developments and sectoral revenues
Descriptive profiles of market leaders, including Apple Inc and Boston Scientific Corp. and Cerner Corp. and Medtronic PLC and Phillips Healthcare

The value of the global smartphone-based patient monitoring market amounted to just over in 2021. The market is expected to grow at a reduced compound annual growth rate (CAGR) to reach a discounted one by 2027.

In recent years, the introduction of smartphone technology has upended the healthcare sector, leading to increased consumer adoption and commercial expansion of mobile health medical devices. The world of medical applications, such as the diagnosis, monitoring and, to some extent, treatment of chronic diseases.

The development of smart technology in healthcare has been facilitated by the fusion of gadgets such as smartwatches and activity trackers with medical-grade components.

A wide range of medical devices are being developed to treat a range of diseases abroad. Although these devices are not yet a mainstay in the healthcare industry, many medical device manufacturers have started adding smartphone technology to their product lines to meet the unmet needs of home healthcare and remote monitoring – two areas showing exponential growth.

The increasing prevalence of diseases that require around-the-clock monitoring is an important driver of the medical device market and is expected to contribute significantly to the double-digit growth of the industry, especially given the global increase in the number of elderly people. Activity and health tracking, remote patient monitoring, the convenience of home healthcare, and the burgeoning fitness trend are key factors behind this exponential growth.

Technological advances and attractive product features such as smartphone connectivity are also driving the adoption of medical mobile health.

The growing awareness of health and fitness among today’s consumers has led to an exponential growth in activity and fitness trackers, the sector expected to see the highest growth during the forecast period. The use of artificial intelligence (AI) in the development of these devices could transform the healthcare and medical devices market in favor of mobile technology and in the future may replace some traditional methods such as finger prick blood testing.

Fitness and activity trackers are computerized devices that monitor health-related metrics including heart rate, blood oxygen levels, walking or running progress, calorie consumption, and sleep quality. Various types of fitness and activity trackers are available and are mostly in the form of bracelets, although this is possible. They also appear as attached devices, earphones, or smart cloth garments.

Besides being a standalone device, a fitness and activity tracker can also exist in the form of a fitness app and as a software that is regularly installed on smartphones using the device’s built-in components to track certain activities.

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