The global real-time health monitoring devices market is foretold to achieve growth as the need for advanced patient monitoring and better disease management increases. With the rise in the prevalence of chronic diseases, there has been an increased demand for real-time health monitoring solutions. Manufacturers are expected to shift their focus to untapped markets, especially in emerging countries, for further increasing their profits and sales.
Companies could continue to introduce new products to maintain their foothold in the global real-time health monitoring devices market. In July 2019, Withings, a French provider of smart scales, fitness trackers, hybrid smartwatches, and health monitors, added two new at-home blood pressure monitors, viz. BPM Core and BPM Connect to its cardiovascular product portfolio.
Increasing Application of Smart Health Management Devices to Create Opportunities
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Companies to Launch New Products to Attract Investment from Healthcare Firms
Some of the popular companies operating in the global real-time health monitoring devices market are Qualcomm, Withings, Jawbone, Fitbit, Wipro, GE Healthcare, and Garmin. With a view to have a competitive edge over other participants in the global market, players are prophesied to launch innovative products, work toward business expansion, and enter into partnership, collaboration, and acquisition agreements. Investment from healthcare companies could help players to increase their revenue and introduce more advanced products in future.
In July 2019, BioIntelliSense, a US provider of continuous health monitoring solutions through its medical-grade data services platform, received a major strategic investment from Fresenius Medical Care North America, a provider of renal failure and chronic kidney disease solutions for healthcare professionals.
By Type
By Application
Among the main types of real-time health monitoring devices, wearable devices are projected to account for a substantial market share because of the rising trend of using wearable technology. The advent of high-tech wearable fitness devices could also work in the favor of the market segment. According to analysts, hospital is forecast to attract a remarkable share of the global real-time health monitoring devices market because of factors such as high demand and increased use of health monitoring devices.
By Region
Regionally, North America is foreseen to become a prominent market for real-time health monitoring devices due to the presence of a large geriatric population in need of improved disease management. The US and Canada showing high technological development when it comes to healthcare devices could add to the growth of the regional market. Asia Pacific is foretold to exhibit quicker market growth among other regions. Europe could be another important regional market, considering its extensive adoption of health monitoring devices for improving patient health management.
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Table of Contents
Overview of the Report: The report starts with research scope, major players studied by the authors, years considered for the research study, objectives of the study, and analysis of market share by application and market size growth rate by type.
Global Growth Trends: Here, the size of the global Bio-pharma market is studied along with sales and revenue analysis. This section also includes industry trends and analysis of the growth rate of the global Bio-pharma market by region.
Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of revenue, sales, and share in the global Bio-pharma market.
Company Profiles: Almost all leading companies operating in the global Bio-pharma market are profiled in this section, taking into account their recent developments, market share, and other vital factors.
Market Forecast: Apart from revenue and sales forecast of the global Bio-pharma market, this section provides forecast of all
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