Artificial Intelligence In Remote Patient Monitoring Market Size, Share Report, Analysis, Trends, Growth, 2030

Artificial Intelligence In Remote Patient Monitoring Market

Artificial Intelligence In Remote Patient Monitoring Market – By Product (Whole Exome, Whole Genome, Vital Monitors, and Targeted Sequencing & Resequencing), By Technology (Machine Learning, NLP, Querying Method, and Speech Recognition), By Application (Cancer, Heart Disorders, Diabetes, Sleep Apnea, Respiratory Problems, Viral Fever, and Dehydration), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Category: Healthcare Report Format : PDF Pages: 150 Report Code: ZMR-6356 Published Date: Jun-2021 Status : Published
Market Size in 2019 Market Forecast in 2026 CAGR (in %) Base Year
USD 800 Million USD 1,200 Million 13.5% 2019

Artificial Intelligence In Remote Patie Market

Artificial Intelligence In Remote Patient Monitoring Industry Perspective:

The global Artificial Intelligence In Remote Patient Monitoring Market Size, which was estimated at about 800 (USD Million) in 2019 and is predicted to accrue earnings worth 1,200 (USD Million) by 2026, is set to record a CAGR of nearly over 13.5% during 2020-2026.

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The report offers valuation and analysis of Artificial Intelligence In Remote Patient Monitoring market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Million).

Artificial Intelligence In Remote Patient Monitoring Market: Overview

Massive utility of AI in remote patient monitoring activities can be termed as one of the major advancements in healthcare sector. In addition to this, AI-driven health bots help in identifying patient symptoms along with facilitating virtual visits of doctors. Apart from this, AI integrates with IoT for delivering proficient remote patient monitoring services. Additionally, artificial intelligence helps doctors in serving the patients from distant locations. Citing an instance, physicians make use of virtual agents for carrying out consultation with patients and separate or bifurcate those patients who are not required to be treated by physician through virtual mode. Reportedly, healthcare industry is projected to invest nearly USD 2 billion yearly on AI systems for remote patient monitoring activities.

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Artificial Intelligence In Remote Patient Monitoring Market: Growth Dynamics

The rapid spread of COVID-19 along with the need for AI-driven healthcare activities will drive the market trends. Moreover, fast-track execution of AI-driven remote patient monitoring tools will assist physicians in enhancing patient outcomes along with minimizing the spread of COVID. This, in turn, will steer the expansion of artificial intelligence in remote patient monitoring industry over the anticipated timespan. Furthermore, the need for reducing the infection threat and the necessity of offering authentic patient readings to medical staff pertaining to inner and outer healthcare settings is likely to translate into the growth of artificial intelligence in the remote patient monitoring industry over the assessment period.

Furthermore, the surge in the incidences of chronic ailments including heart ailments, diabetes, and cancer requiring updated information pertaining to patient treatment will trigger the growth of artificial intelligence in remote patient monitoring industry. Beneficial features such as enhancement of patient engagement, reduction of errors, determining of activity patterns, real-time monitoring activities, and minimizing of hospital stays & hospital readmissions will elevate the growth of the industry over the forecast timeline.

The requirement of improving patient experience as well as increasing profits & offering comfort to patients in the home environment will embellish the business growth over the forecast timeframe. The surge in the patient population base and low availability of healthcare service providers will create massive penetration of artificial intelligence in remote patient monitoring industry over the anticipated period.

Artificial Intelligence In Remote Patient Monitoring Market: Report Scope

Report Attributes Report Details
Report Name Artificial Intelligence In Remote Patient Monitoring Market Research Report
Market Size in 2019 USD 800 Million
Market Forecast in 2026 USD 11,200 Million
Growth Rate CAGR of 13.5%
Number of Pages 255
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Atomwise, Inc., International Business Machines Corporation, Berg LLC, Zebra Medical Vision Ltd., Modernizing Medicine, Inc., Caption Health, Inc., Sense.ly Inc., AiCure llc, Medasense Biometrics Ltd., and Nuance Communications.
Segments Covered By Application, By Technology, By Product, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)
Base Year 2019
Historical Year 2016 to 2019
Forecast Year 2020 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Artificial Intelligence In Remote Patient Monitoring Market: Regional Landscape

North American Market To Register Highest Growth Over 2020-2026

The growth of artificial intelligence in remote patient monitoring industry in North America over the forecast timeframe is subject to favorable government norms as well as the introduction of new reforms in the healthcare sector due to the COVID epidemic. Apart from this, rise in the smartphone penetration and the need for real-time patient information & monitoring will spearhead the regional market growth. In addition to this, the surge in the use of AI systems in the U.S. for providing high-quality medical care to patients at home from distant or far-away locations will open new vistas of growth for artificial intelligence in remote monitoring industry over the projected timeline.

Artificial Intelligence In Remote Patient Monitoring Market: Competitive Landscape

Key players profiled in the report include 

  • Atomwise.Inc.
  • International Business Machines Corporation
  • Berg LLC
  • Zebra Medical Vision Ltd.
  • Modernizing Medicine. Inc.
  • Caption Health. Inc.
  • Sense.ly Inc.
  • AiCure LLC
  • Medasense Biometrics Ltd.
  • Nuance Communications.

The global Artificial Intelligence In Remote Patient Monitoring Market is segmented as follows:

By Application:

  • Cancer
  • Heart Disorders
  • Diabetes
  • Sleep Apnea
  • Respiratory Problems
  • Viral Fever
  • Dehydration

By Technology:

By Product:

  • Whole Exome
  • Whole Genome
  • Vital Monitors
  • Targeted Sequencing & Resequencing

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Rapid spread of COVID-19 along with need for AI-driven healthcare activities will drive the market trends. Moreover, fast track execution of AI-driven remote patient monitoring tools will assist the physicians in enhancing patient outcomes along with minimizing the spread of COVID.

According to Zion Market Research report, the global Artificial Intelligence In Remote Patient Monitoring market, which was estimated at about 800 (USD Million) in 2019 and is predicted to accrue earnings worth 1,200 (USD Million) by 2026, is set to record a CAGR of nearly over 13.5% during 2020-2026.  

The key players profiled in the report include are Atomwise, Inc., International Business Machines Corporation, Berg LLC, Zebra Medical Vision Ltd., Modernizing Medicine, Inc., Caption Health, Inc., Sense.ly Inc., AiCure llc, Medasense Biometrics Ltd., and Nuance Communications.

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