AI in Remote Patient Monitoring: Global Market Outlook

Report Code: IFT265A

Publish Date: Jan 2023

Publisher: BCC Publishing

Category: Information Technology

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Report Highlights

This report provides a global market outlook of the AI in remote patient monitoring (RPM). It presents an up-to-date analysis of the global AI in RPM market, and data corresponding to market size, revenue forecast in USD million terms, and market share analysis based on the offering segments, technology, application, and region. The report examines new and emerging market trends and opportunities, and an assessment of the macroeconomic factors affecting the AI in remote patient monitoring market. The report concludes with the company profiles of leading market participants and their offerings in AI in remote patient monitoring market.

Report Includes

  • A brief general outlook of the global market for AI in remote patient monitoring (RPM)
  • Analyses of the global market trends, with market revenue/sales data for 2021, estimates for 2022, forecasts for 2023 and 2025, and projections of compound annual growth rates (CAGRs) through 2027
  • Understanding of the upcoming market potential for AI in remote monitoring solutions with an emphasis on new products and technologies, and areas of focus to forecast this market into various segments and sub-segments
  • Estimation of the actual market size and revenue forecast for AI remote patient monitoring market, and corresponding market share analysis based on offering, technology, application and region
  • In-depth information (facts and figures) concerning major market dynamics, technology adaptations in digital health solutions, latest developments, govt. regulations, and macroeconomic forces affecting the global AI in RPM market outlook
  • Company profiles of the major industry players, and their offerings (of relevant products and solutions) and the recent industry developments

Report Scope

In this report, the market has been segmented based on offering, technology, application, and geography. The report provides an overview of the global AI in remote patient monitoring market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period, 2022-2027. Revenue forecasts for this period are segmented based on offering, technology, applications, and geography. Market values have been estimated based on the total revenue of AI in remote patient monitoring application providers.

The report covers the market for AI in remote patient monitoring with regard to the user base, across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for AI in remote patient monitoring in 2021 and provides projections for the expected market size through 2027.

The scope of the study includes the AI in remote patient monitoring care platform and associated services.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $1.1 billion
Market size forecast $4.3 billion
Growth rate CAGR of 25.2% for the forecast period of 2022-2027
Units considered $ Millions
Segments covered By Offering, Technology, Application, and Region
Regions covered North America, Europe, Asia-Pacific, and RoW (Latin America and the Middle East and Africa)
Key Market Drivers
  • Growing Demand for Optimized Management and Reduced Human Errors
  • Growing Demand for Real-Time Monitoring and Improved Patient Engagement
  • Growing Demand for High Level Data Analytic Solutions
Companies studied
AICUREBINAH.AI
BIOFOURMISCARE.AI INC.
CONNECT AMERICA LLC.CURRENT HEALTH
HEALTHSAAS INC.IMPLICITY
MAYA MDSOMATIX INC.
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Frequently Asked Questions (FAQs)

The AI in remote patient monitoring market is projected to grow from $1.1 billion in 2021 to $4.3 billion in 2027, at a compound annual growth rate (CAGR) of 25.2% during the forecast period.
The key factors driving the growth of AI in remote patient monitoring market includes the growing demand for optimized management and improved patient engagement.
The AI in remote patient monitoring market is segmented based on offering, technology, application, and region.
Solutions segment will dominate the market by the end of 2027.
North America holds the highest share in the market in terms of region.
Key companies in the market include Connect America LLC, Biofourmis, and Maya MD.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

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AI in Remote Patient Monitoring: Global Market Outlook
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