Asia Pacific Remote Patient Monitoring Market Dynamics and Trends by 2028

The remote patient monitoring market in Asia Pacific is expected to grow from US$ 5,396.87 million in 2021 to US$ 37,110.22 million by 2028; it is estimated to grow at a CAGR of 31.7% from 2021 to 2028.

Countries in the Asia Pacific are facing increasing incidences of COVID-19. The 2019 novel coronavirus (2019-nCoV), officially named COVID-19 by the WHO, has spread to more than 170 countries, including China prompting the WHO to declare the disease as a global pandemic. Accompanying the catastrophic loss of life that the virus has caused is the impact on the global economy, which has reeled from the effects of the pandemic. The COVID-19 pandemic has critically impacted the region, but it has also provided an opportunity for stakeholders to realign their future path based on strategic intent and focus. Moreover, various companies such as have been manufacturing patient monitoring devices with biosensors for easy and quick results. Beginning in China, this evolved into a deadly pandemic, subsequently affecting various countries in the Asia Pacific region. Reports have indicated that amid this pandemic, the usage of a pulse oximeters in hospitals and at home has increased substantially. The government in some countries are providing reimbursement for pulse oximeter purchase. For instance, in June 2020, the Union health ministry of Asia Pacific has decided to reimburse the cost of pulse oximeter purchased by beneficiaries Central Government Health Scheme (CGHS), who are tested positive as a supportive measure for COVID-19 patients monitoring at-home care during the pandemic.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific remote patient monitoring market. The Asia Pacific remote patient monitoring market is expected to grow at a good CAGR during the forecast period.

Asia Pacific Remote Patient Monitoring Market Segmentation

Asia Pacific Remote Patient Monitoring Market – By Type

• Software
  • Cloud
  • On-Premise
• Devices
  • Cardiac Monitoring Devices
  • Neurological Monitoring Devices
  • Respiratory Monitoring Devices
  • Multiparameter Monitoring Devices
  • Blood Glucose Monitoring Devices
  • Fetal and Neonatal Monitoring Devices
  • Weight Monitoring Devices
  • Other Monitoring Devices
• Services

Asia Pacific Remote Patient Monitoring Market – By End User

• Providers
  • Hospitals
  • Home Care Settings
  • Ambulatory Care Centers
  • Others
• Payers
• Patients
• Others

Asia Pacific Remote patient monitoring market – By Country

• Japan
• China
• India
• South Korea
• Australia
• Rest of APAC     

Asia Pacific Remote patient monitoring market – Companies Mentioned

• Medtronic
• Koninklijke Philips N.V.
• Boston Scientific Corporation
• Abbott
• OMRON Corporation
• Siemens Healthineers AG
• Nihon Kohden Corporation                                    
• General Electric Company
• Cerner Corporation                                  

Asia Pacific Remote Patient Monitoring Report Scope