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South America Remote Patient Monitoring Market

2021

South America 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)

Publication Month: Nov 2021 | Report Code: TIPRE00025804 | No. of Pages: 146 | Category: Medical Device | Status: Published

Market Insights

South America Remote Patient Monitoring Market to Grow at a CAGR of 28.6% to reach US$ 7,085.71 million Million from 2021 to 2028

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The remote patient monitoring market in South America is expected to grow from US$ 1,217.71 million in 2021 to US$ 7,085.71 million by 2028; it is estimated to grow at a CAGR of 28.6% from 2021 to 2028.


With a rise in cases of chronic illnesses such as diabetes and hypertension, there has been a rise in awareness regarding one’s health. Also, in recent days, there has been a significant rise in the number of individuals suffering from heart related disorders. These factors have enhanced the importance of maintaining health among the population in the developed as well as the developing nations. The demand for various health monitoring devices for maintaining a track of health status has increased significantly in the recent years. Also, there has been a rise in number of specialty clinics and home healthcare business in the region. Brazil is anticipated to offer significant growth opportunity during the forecast period, owing to increasing disposable income as well as the rate of urbanization in the region. The use of handheld and wearable devices for monitoring vital signs has been high among the old age population as well as millennial. Owing to the growth in awareness regarding health, the market for remote patient monitoring devices is anticipated to witness significant growth during the forecast period.

The South America region includes countries like Brazil and Argentina with the rest of South American countries such as Chile, Colombia and Peru these countries have registered many positive coronavirus infection cases. These regions are developing in terms of the healthcare and medical service industry. The countries in these regions are highly dependent on medical devices and pharmaceutical products imported from developed countries. Therefore, countries have faced several challenges with their requirements for patient monitoring devices due to severe disruption in supply chains. The COVID-19 treatment and health monitoring procedures have been developed and are efficiently used to reduce the death rate due to COVID-19. The respiratory and cardiac monitoring remote devices is readily available on online retail platforms such as the online pharmacy and other online retail outlets. The governments in the world are upgrading patient monitoring systems to tackle the challenges during COVID-19 patients. Thus, availability and use of advanced patient monitoring devices in the developing countries and regions are expected to have a positive impact on the markets in rest of the world countries.

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 South America remote patient monitoring market. The South America remote patient monitoring market is expected to grow at a good CAGR during the forecast period.
South America remote patient monitoring market

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South America Remote Patient Monitoring Market Segmentation

South America 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

South America Remote Patient Monitoring Market – By End User

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

South America Remote patient monitoring market – By Country

  • Brazil
  • Argentina
  • Rest of South America

South America 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

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 South America Remote Patient Monitoring Market – By Type

1.3.2 South America Remote Patient Monitoring Market – By End User

1.3.3 South America Remote Patient Monitoring Market – By Country

2. South America Remote Patient Monitoring Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. South America Remote Patient Monitoring Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.3 Expert Opinions

5. South America Remote Patient Monitoring Market – Key Market Dynamics

5.1 Drivers

5.1.1 Increasing Awareness Regarding Healthcare

5.1.2 Fostering Demand for Home-Based Treatments

5.2 Restraints

5.2.1 Security and Privacy Cases

5.2.2 Unaddressed Regulatory Topics

5.3 Opportunity

5.3.1 Development of Healthcare Facilities in Remote Locations

5.4 Future Trend

5.4.1 Broadening Remote Monitoring to Replace Patients’ Routine Visits

5.5 Impact Analysis

6. South America Remote Patient Monitoring – Market Analysis

6.1 South America Remote Patient Monitoring Market Revenue Forecast and Analysis

7. South America Remote Patient Monitoring Market Analysis – By Type

7.1 Overview

7.2 South America 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. South America Remote Patient Monitoring Market – By End User

8.1 Overview

8.2 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. South America Remote Patient Monitoring Market – Country Analysis

9.1 Overview

9.1.1 South America: Remote Patient Monitoring Market, by Country, 2021 & 2028 (%)

9.1.1.1 Brazil

9.1.1.1.1 Brazil: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.1.2 Brazil: Remote Patient Monitoring Market, by Type, 2019–2028 (USD Million)

9.1.1.1.2.1 Brazil: Remote Patient Monitoring Market, by Software, 2019–2028 (USD Million)

9.1.1.1.2.2 Brazil: Remote Patient Monitoring Market, by Devices, 2019–2028 (USD Million)

9.1.1.1.3 Brazil: Remote Patient Monitoring Market, by End User, 2019–2028 (USD Million)

9.1.1.1.3.1 Brazil: Remote Patient Monitoring Market, by Provider, 2019–2028 (USD Million)

9.1.1.2 Argentina

9.1.1.2.1 Argentina: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.2.2 Argentina: Remote Patient Monitoring Market, by Type, 2019–2028 (USD Million)

9.1.1.2.2.1 Argentina: Remote Patient Monitoring Market, by Software, 2019–2028 (USD Million)

9.1.1.2.2.2 Argentina: Remote Patient Monitoring Market, by Devices, 2019–2028 (USD Million)

9.1.1.2.3 Argentina: Remote Patient Monitoring Market, by End User, 2019–2028 (USD Million)

9.1.1.2.3.1 Argentina: Remote Patient Monitoring Market, by Provider, 2019–2028 (USD Million)

9.1.1.3 Rest of South America

9.1.1.3.1 Rest of South America: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.3.2 Rest of South America: Remote Patient Monitoring Market, by Type, 2019–2028 (USD Million)

9.1.1.3.2.1 Rest of South America: Remote Patient Monitoring Market, by Software, 2019–2028 (USD Million)

9.1.1.3.2.2 Rest of South America: Remote Patient Monitoring Market, by Devices, 2019–2028 (USD Million)

9.1.1.3.3 Rest of South America: Remote Patient Monitoring Market, by End User, 2019–2028 (USD Million)

9.1.1.3.3.1 Rest of South America: Remote Patient Monitoring Market, by Provider, 2019–2028 (USD Million)

10. Impact of COVID-19 Pandemic on South America Remote Patient Monitoring Market

10.1 Impact Assessment of COVID-19 Pandemic

11. 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 Boston Scientific 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 Abbott

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 OMRON Corporation

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 Siemens Healthineers AG

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 Nihon Kohden Corporation

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 General Electric Company

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

13. Appendix

13.1 About the Insight Partners

13.2 Glossary of Terms

LIST OF TABLES

Table 1. Brazil Remote Patient Monitoring Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 2. Brazil Remote Patient Monitoring Market, by Software – Revenue and Forecast to 2028 (USD Million)

Table 3. Brazil Remote Patient Monitoring Market, by Devices – Revenue and Forecast to 2028 (USD Million)

Table 4. Brazil Remote Patient Monitoring Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 5. Brazil Remote Patient Monitoring Market, by Provider – Revenue and Forecast to 2028 (USD Million)

Table 6. Argentina Remote Patient Monitoring Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 7. Argentina Remote Patient Monitoring Market, by Software – Revenue and Forecast to 2028 (USD Million)

Table 8. Argentina Remote Patient Monitoring Market, by Devices – Revenue and Forecast to 2028 (USD Million)

Table 9. Argentina Remote Patient Monitoring Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 10. Argentina Remote Patient Monitoring Market, by Provider – Revenue and Forecast to 2028 (USD Million)

Table 11. Rest of South America Remote Patient Monitoring Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 12. Rest of South America Remote Patient Monitoring Market, by Software – Revenue and Forecast to 2028 (USD Million)

Table 13. Rest of South America Remote Patient Monitoring Market, by Devices – Revenue and Forecast to 2028 (USD Million)

Table 14. Rest of South America Remote Patient Monitoring Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 15. Rest of South America Remote Patient Monitoring Market, by Provider – Revenue and Forecast to 2028 (USD Million)

Table 16. Organic Developments Done By Companies

Table 17. Inorganic Developments Done By Companies

Table 18. Glossary of Terms, Remote Patient Monitoring Market

LIST OF FIGURES

Figure 1. South America Remote Patient Monitoring Market Segmentation

Figure 2. South America Remote Patient Monitoring Market Segmentation, By Country

Figure 3. South America Remote Patient Monitoring Market Overview

Figure 4. Devices Segment Held Largest Share of Remote Patient Monitoring Market, By Type

Figure 5. Brazil to Show Significant Growth During Forecast Period

Figure 6. South America Remote Patient Monitoring Market, Industry Landscape

Figure 7. South America PEST Analysis

Figure 8. South America Remote Patient Monitoring Market Impact Analysis of Driver and Restraints

Figure 9. South America Remote Patient Monitoring Market – Revenue Forecast and Analysis – 2021 - 2028

Figure 10. South America 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. 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. South America: Remote Patient Monitoring Market, by Key Country – Revenue (2021) (USD Million)

Figure 34. South America: Remote Patient Monitoring Market, by Country, 2021 & 2028 (%)

Figure 35. Brazil: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)

Figure 36. Argentina: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)

Figure 37. Rest of South America: Remote Patient Monitoring Market – Revenue and Forecast to 2028 (USD Million)

Figure 38. Impact Of COVID-19 Pandemic in South American Market

  1. Medtronic
  2. Koninklijke Philips N.V.
  3. Boston Scientific Corporation
  4. Abbott
  5. OMRON Corporation
  6. Siemens Healthineers AG
  7. Nihon Kohden Corporation                                    
  8. General Electric Company
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South America remote patient monitoring market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the South America remote patient monitoring market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth South America market trends and outlook coupled with the factors driving the remote patient monitoring market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution  
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