Medical Health & Life Science Research News

Rising prevalence of chronic diseases to impel the growth of frictionless remote monitoring device market

Rising prevalence of chronic diseases to impel the growth of frictionless remote monitoring device market

Frictionless remote monitoring devices are perfect solution for continuous health monitoring. These frictionless remote monitoring devices are used for monitoring glucose level, heart rate monitoring, step counting, calories consumed.

- Advertisement -
- Membership expired -

The global frictionless remote monitoring device market is segmented into product type such glucose monitoring device, heart rate monitoring devices, fitness tracking devices and blood pressure monitoring devices. These segments are expected to witness significant growth during the forecast period.

A number of factors such as rising number of diabetic patients and rising adoption of smart healthcare technologies are driving the growth of frictionless remote monitoring device market.   

Global frictionless remote monitoring device market is expected to register a robust CAGR over the forecast period.

- Advertisement -
- Membership expired -

Moreover, the global frictionless remote monitoring device market is envisioned to reach at notable revenue by the end of 2024. The market is anticipated to flourish during the forecast period owing to a number of factors such as increasing acceptance of smart health wearable devices and growing concern amongst the consumers regarding wellness and fitness.

The fitness segment by application is likely to grow at remarkable pace during the forecast period. Rapid introduction of advanced wearable technologies as sleep tracking device, heart rate monitoring device and fitness bands coupled with growing adoption of these wearable fitness tracker devices by consumers is a key factor which is anticipated to drive the growth of this segment during the forecast period.      

Request Free Sample Report @

www.researchnester.com/sample-request/2/rep-id-492

Increasing number of sick patients across the globe

Rising prevalence of chronic disease across the globe and growing need for continuous track of patient’s health are major factors which have led patients to adopt smart health tracking technologies. Further, rising adoption of health tracking devices by patients is expected to drive the growth of frictionless remote monitoring device market during the forecast period.

 

Increasing geriatric population

Increasing prevalence of chronic diseases in old population is escalating the consumption of smart health wearable, health tracking devices and other smart health technologies. Further, rising prevalence of cardiovascular disease is a major growing concern in the U.S.

Rising number of patients suffering from cardiovascular diseases is projected to fuel the growth of frictionless remote monitoring devices market in U.S.    

However, lack of technological maturity and high initial cost are some major challenges to the growth of global market. Additionally, usage restriction of wearable technology in commercial places is also a major factor which is likely to hamper the growth of frictionless remote monitoring devices market in near future.

The report titled Frictionless Remote Monitoring Device Market: Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluationdelivers detailed overview of the global frictionless remote monitoring device market in terms of market segmentation by product, by application, by distribution channel and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the global frictionless remote monitoring device market which includes company profiling of Fitbit Inc., Apple Inc., Xiamoi Inc., Biotricity Inc., Alphabet Inc., Abbott Laboratories, LG Electronics Inc., iHealth Lab Inc., Dexcom Inc., Koninklijke Philips N.V. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.

On the whole, the report depicts detailed overview of the global frictionless remote monitoring device market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

To Know More Ask The Analyst @

www.researchnester.com/ask-the-analyst/rep-id-492

Access Report @

www.researchnester.com/payment/rep-id-492

News From

Research Nester Pvt Ltd - Market Research Consulting and Industry ReportsResearch Nester Pvt Ltd
Category: Market Research Publishers and RetailersCompany profile: Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wis ...

For more information:

Make an Inquiry about this report HERE!
  • www.researchnester.com
  • www.researchnester.com/sample-request/2/rep-id-492
  • www.researchnester.com/reports/fri…ty-evaluation/492
  • www.researchnester.com/ask-the-analyst/rep-id-492
  • www.researchnester.com/payment/rep-id-492