Asia Pacific Remote Patient Monitoring Market Dynamics and Trends by 2028
Asia Pacific Remote Patient Monitoring Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Software, Devices, and Services) and End User (Providers, Payers, Patients, and Others)
- Report Date : Nov 2021
- Report Code : TIPRE00025810
- Category : Life Sciences
- Status : Published
- Available Report Formats :
- No. of Pages : 170
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.
Various developing and under-developed countries still do not have access to healthcare facilities. The patients from these places must travel a long way to get their routine checkups done from healthcare professionals. Remote patient monitoring and IoT enabled healthcare devices can help these patients to communicate as well as get diagnosed and monitored with the healthcare professionals from their homes, thus saving the time and cost involved in travelling. The expansion of IoT and connected healthcare services in such locations can be a prospective taken into consideration by the major companies operating in the remote patient monitoring devices in healthcare market.
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.
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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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Remote Patient Monitoring Market – By Type
1.3.2 Asia Pacific Remote Patient Monitoring Market – By End User
1.3.3 Asia Pacific Remote Patient Monitoring Market – By Geography
2. Asia Pacific Remote Patient Monitoring Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Remote Patient Monitoring Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Expert Opinions
5. Asia Pacific Remote Patient Monitoring Market – Key Market Dynamics
5.1 Drivers
5.1.1 Boosting Prevalence of Chronic Diseases
5.1.2 Growing Awareness Regarding Healthcare
5.1.3 Accelerated Demand for Home-Based Treatments
5.2 Restraints
5.2.1 Security and Privacy Difficulties
5.2.2 Unaddressed Regulatory Matters
5.3 Opportunity
5.3.1 Amplification of Healthcare Facilities in Remote Locations
5.4 Future Trend
5.4.1 Burgeoning Remote Monitoring to Replace Patients’ Routine Visits
5.5 Impact Analysis
6. Asia Pacific Remote Patient Monitoring – Market Analysis
6.1 Asia Pacific Remote Patient Monitoring Market Revenue Forecast and Analysis
7. Asia Pacific Remote Patient Monitoring Market Analysis – By Type
7.1 Overview
7.2 Asia Pacific Remote Patient Monitoring Market Revenue Share, by Type (2021 and 2028)
7.3 Software
7.3.1 Overview
7.3.2 Software: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
7.3.2.1 Cloud Software
7.3.2.1.1 Overview
7.3.2.1.2 Cloud Software: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
7.3.2.2 On-Premise Software
7.3.2.2.1 Overview
7.3.2.2.2 On-Premise Software: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
7.4 Devices
7.4.1 Overview
7.4.2 Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
7.4.2.1 Cardiac Monitoring Devices
7.4.2.1.1 Overview
7.4.2.1.2 Cardiac Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
7.4.2.2 Neurological Monitoring Devices
7.4.2.2.1 Overview
7.4.2.2.2 Neurological Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
7.4.2.3 Respiratory Monitoring Devices
7.4.2.3.1 Overview
7.4.2.3.2 Respiratory Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
7.4.2.4 Multiparameter Monitoring Devices
7.4.2.4.1 Overview
7.4.2.4.2 Multiparameter Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
7.4.2.5 Blood Glucose Monitoring Devices
7.4.2.5.1 Overview
7.4.2.5.2 Blood Glucose Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
7.4.2.6 Fetal and Neonatal Monitoring Devices
7.4.2.6.1 Overview
7.4.2.6.2 Fetal and Neonatal Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
7.4.2.7 Weight Monitoring Devices
7.4.2.7.1 Overview
7.4.2.7.2 Weight Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
7.4.2.8 Other Monitoring Devices
7.4.2.8.1 Overview
7.4.2.8.2 Other Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
7.5 Services
7.5.1 Overview
7.5.2 Services: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Remote Patient Monitoring Market – By End User
8.1 Overview
8.2 Asia Pacific Remote Patient Monitoring Market, by End User (2021 and 2028) (%)
8.3 Providers
8.3.1 Overview
8.3.2 Providers: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
8.3.2.1 Hospitals
8.3.2.1.1 Overview
8.3.2.1.2 Hospitals: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
8.3.2.2 Home Care Settings
8.3.2.2.1 Overview
8.3.2.2.2 Home Care Settings Market: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
8.3.2.3 Ambulatory Care Centers
8.3.2.3.1 Overview
8.3.2.3.2 Ambulatory Care Centers: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
8.3.2.4 Others
8.3.2.4.1 Overview
8.3.2.4.2 Others: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Payers
8.4.1 Overview
8.4.2 Payers: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Patients
8.5.1 Overview
8.5.2 Patients: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Remote Patient Monitoring Market – Country Analysis
9.1 Overview
9.1.2 Asia Pacific: Remote Patient Monitoring Market, by Country, 2021 & 2028 (%)
9.1.2.1 China
9.1.2.1.1 China: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.1.2 China Remote Patient Monitoring Market, by Type – Revenue and Forecast to 2028 (USD Million)
9.1.2.1.2.1 China Remote Patient Monitoring Market, by Software – Revenue and Forecast to 2028 (USD Million)
9.1.2.1.2.2 China Remote Patient Monitoring Market, by Devices– Revenue and Forecast to 2028(USD Million)
9.1.2.1.3 China Remote Patient Monitoring Market, by End User– Revenue and Forecast to 2028(USD Million)
9.1.2.1.3.1 China Remote Patient Monitoring Market, by Provider– Revenue and Forecast to 2028(USD Million)
9.1.2.2 Japan
9.1.2.2.1 Japan: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.2.2 Japan Remote Patient Monitoring Market, by Type– Revenue and Forecast to 2028 (USD Million)
9.1.2.2.2.1 Japan Remote Patient Monitoring Market, by Software– Revenue and Forecast to 2028 (USD Million)
9.1.2.2.2.2 Japan Remote Patient Monitoring Market, by Devices– Revenue and Forecast to 2028(USD Million)
9.1.2.2.3 Japan Remote Patient Monitoring Market, by End User – Revenue and Forecast to 2028 (USD Million)
9.1.2.2.3.1 Japan Remote Patient Monitoring Market, by Provider– Revenue and Forecast to 2028(USD Million)
9.1.2.3 India
9.1.2.3.1 India: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.3.2 India Remote Patient Monitoring Market, by Type – Revenue and Forecast to 2028 (USD Million)
9.1.2.3.2.1 India Remote Patient Monitoring Market, by Software – Revenue and Forecast to 2028 (USD Million)
9.1.2.3.2.2 India Remote Patient Monitoring Market, by Devices– Revenue and Forecast to 2028(USD Million)
9.1.2.3.3 India Remote Patient Monitoring Market, by End User– Revenue and Forecast to 2028(USD Million)
9.1.2.3.3.1 India Remote Patient Monitoring Market, by Provider– Revenue and Forecast to 2028(USD Million)
9.1.2.4 South Korea
9.1.2.4.1 South Korea: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.4.2 South Korea Remote Patient Monitoring Market, by Type – Revenue and Forecast to 2028 (USD Million)
9.1.2.4.2.1 South Korea Remote Patient Monitoring Market, by Software – Revenue and Forecast to 2028 (USD Million)
9.1.2.4.2.2 South Korea Remote Patient Monitoring Market, by Devices– Revenue and Forecast to 2028(USD Million)
9.1.2.4.3 South Korea Remote Patient Monitoring Market, by End User– Revenue and Forecast to 2028(USD Million)
9.1.2.4.3.1 South Korea Remote Patient Monitoring Market, by Provider– Revenue and Forecast to 2028(USD Million)
9.1.2.5 Australia
9.1.2.5.1 Australia: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.5.2 Australia Remote Patient Monitoring Market, by Type– Revenue and Forecast to 2028 (USD Million)
9.1.2.5.2.1 Australia Remote Patient Monitoring Market, by Software– Revenue and Forecast to 2028 (USD Million)
9.1.2.5.2.2 Australia Remote Patient Monitoring Market, by Devices– Revenue and Forecast to 2028(USD Million)
9.1.2.5.3 Australia Remote Patient Monitoring Market, by End User– Revenue and Forecast to 2028(USD Million)
9.1.2.5.3.1 Australia Remote Patient Monitoring Market, by Provider– Revenue and Forecast to 2028(USD Million)
9.1.2.6 Rest of Asia Pacific
9.1.2.6.1 Rest of Asia Pacific: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)
9.1.2.6.2 Rest of Asia Pacific Remote Patient Monitoring Market, by Type – Revenue and Forecast to 2028 (USD Million)
9.1.2.6.2.1 Rest of Asia Pacific Remote Patient Monitoring Market, by Software – Revenue and Forecast to 2028 (USD Million)
9.1.2.6.2.2 Rest of Asia Pacific Remote Patient Monitoring Market, by Devices– Revenue and Forecast to 2028(USD Million)
9.1.2.6.3 Rest of Asia Pacific Remote Patient Monitoring Market, by End User– Revenue and Forecast to 2028(USD Million)
9.1.2.6.3.1 Rest of Asia Pacific Remote Patient Monitoring Market, by Provider– Revenue and Forecast to 2028(USD Million)
10. Impact of COVID-19 Pandemic on Asia Pacific Remote Patient Monitoring Market
10.1 Impact Assessment of COVID-19 Pandemic
11. Asia Pacific Remote Patient Monitoring Market– Industry Landscape
11.1 Overview
11.2 Organic Developments
11.2.1 Overview
11.3 Inorganic Developments
11.3.1 Overview
12. Company Profiles
12.1 Medtronic
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Koninklijke Philips N.V.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Cerner Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Boston Scientific Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Abbott
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 OMRON Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Siemens Healthineers AG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Nihon Kohden Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 General Electric Company
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. China Remote Patient Monitoring Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 2. China Remote Patient Monitoring Market, by Software – Revenue and Forecast to 2028 (USD Million)
Table 3. China Remote Patient Monitoring Market, by Devices– Revenue and Forecast to 2028(USD Million)
Table 4. China Remote Patient Monitoring Market, by End User– Revenue and Forecast to 2028(USD Million)
Table 5. China Remote Patient Monitoring Market, by Provider– Revenue and Forecast to 2028(USD Million)
Table 6. Japan Remote Patient Monitoring Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 7. Japan Remote Patient Monitoring Market, by Software– Revenue and Forecast to 2028 (USD Million)
Table 8. Japan Remote Patient Monitoring Market, by Devices– Revenue and Forecast to 2028(USD Million)
Table 9. Japan Remote Patient Monitoring Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 10. Japan Remote Patient Monitoring Market, by Provider– Revenue and Forecast to 2028(USD Million)
Table 11. India Remote Patient Monitoring Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 12. India Remote Patient Monitoring Market, by Software – Revenue and Forecast to 2028 (USD Million)
Table 13. India Remote Patient Monitoring Market, by Devices– Revenue and Forecast to 2028(USD Million)
Table 14. India Remote Patient Monitoring Market, by End User– Revenue and Forecast to 2028(USD Million)
Table 15. India Remote Patient Monitoring Market, by Provider– Revenue and Forecast to 2028(USD Million)
Table 16. South Korea Remote Patient Monitoring Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 17. South Korea Remote Patient Monitoring Market, by Software – Revenue and Forecast to 2028 (USD Million)
Table 18. South Korea Remote Patient Monitoring Market, by Devices– Revenue and Forecast to 2028 (USD Million)
Table 19. South Korea Remote Patient Monitoring Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 20. South Korea Remote Patient Monitoring Market, by Provider– Revenue and Forecast to 2028 (USD Million)
Table 21. Australia Remote Patient Monitoring Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 22. Australia Remote Patient Monitoring Market, by Software– Revenue and Forecast to 2028 (USD Million)
Table 23. Australia Remote Patient Monitoring Market, by Devices– Revenue and Forecast to 2028(USD Million)
Table 24. Australia Remote Patient Monitoring Market, by End User– Revenue and Forecast to 2028(USD Million)
Table 25. Australia Remote Patient Monitoring Market, by Provider– Revenue and Forecast to 2028(USD Million)
Table 26. Rest of Asia Pacific Remote Patient Monitoring Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 27. Rest of Asia Pacific Remote Patient Monitoring Market, by Software – Revenue and Forecast to 2028 (USD Million)
Table 28. Rest of Asia Pacific Remote Patient Monitoring Market, by Devices– Revenue and Forecast to 2028(USD Million)
Table 29. Rest of Asia Pacific Remote Patient Monitoring Market, by End User– Revenue and Forecast to 2028(USD Million)
Table 30. Rest of Asia Pacific Remote Patient Monitoring Market, by Provider– Revenue and Forecast to 2028(USD Million)
Table 31. Organic Developments Done By Companies
Table 32. Inorganic Developments Done By Companies
Table 33. Glossary of Terms, Remote Patient Monitoring Market
LIST OF FIGURES
Figure 1. Asia Pacific Remote Patient Monitoring Market Segmentation
Figure 2. Asia Pacific Remote Patient Monitoring Market Segmentation, By Country
Figure 3. Asia Pacific Remote Patient Monitoring Market Overview
Figure 4. Devices Segment Held Largest Share of Remote Patient Monitoring Market, By Type
Figure 5. China to Show Significant Growth During Forecast Period
Figure 6. Asia Pacific Remote Patient Monitoring Market, Industry Landscape
Figure 7. Asia Pacific PEST Analysis
Figure 8. Asia Pacific Remote Patient Monitoring Market Impact Analysis of Driver and Restraints
Figure 9. Asia Pacific Remote Patient Monitoring Market – Revenue Forecast and Analysis – 2020- 2028
Figure 10. Asia Pacific Remote Patient Monitoring Market Revenue Share, by Type (2021 and 2028)
Figure 11. Software: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
Figure 12. Cloud Software: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
Figure 13. On-Premise Software: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
Figure 14. Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
Figure 15. Cardiac Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
Figure 16. Neurological Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
Figure 17. Respiratory Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
Figure 18. Multiparameter Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
Figure 19. Blood Glucose Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
Figure 20. Fetal and Neonatal Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
Figure 21. Weight Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
Figure 22. Other Monitoring Devices: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
Figure 23. Services: Remote Patient Monitoring Market– Revenue and Forecast to 2028 (US$ Million)
Figure 24. Asia Pacific Remote Patient Monitoring Market, by End User (2021 and 2028) (%)
Figure 25. Providers: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Hospitals: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Home Care Settings Market: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Ambulatory Care Centers: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Others: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Payers: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Patients: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Others: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Asia Pacific: Remote Patient Monitoring Market, by Key Country – Revenue (2021) (USD Million)
Figure 34. Asia Pacific: Remote Patient Monitoring Market, by Country, 2021 & 2028 (%)
Figure 35. China: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)
Figure 36. Japan: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)
Figure 37. India: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)
Figure 38. South Korea: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)
Figure 39. Australia: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)
Figure 40. Rest of Asia Pacific: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)
Figure 41. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- Medtronic
- Koninklijke Philips N.V.
- Boston Scientific Corporation
- Abbott
- OMRON Corporation
- Siemens Healthineers AG
- Nihon Kohden Corporation
- General Electric Company
- Cerner Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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