Real-time Health Monitoring Devices Market By Type And End User - Global Industry Analysis And Forecast To 2023
Published On : May 2022 Pages : 177 Category: Medical Devices Report Code : HC05777
Industry Outlook and Trend Analysis
The Real Time Health Monitoring Devices Market has encountered significant development in the recent years and is foreseen to develop tremendously over the forecast period. Real Time Health Monitoring Devices offer continuous analysis of the health parameters of a patient. Patients are sharing their healthcare data progressively with their doctors with the help of these devices for flexible and easy health monitoring and management. Internet of medical things is tremendously enhancing the healthcare conditions of patients. Keeping a track of the patient and drug management has become conceivable as a result of the adoption of the Internet of Things (IOT) medicinal devices in the healthcare division. Expanding elderly populace, surging healthcare costs and an expansion in the event of chronic diseases is driving healthcare stakeholders to adopt remote wellbeing health management and patient monitoring.
Drivers and Restraints
The critical aspects that are in charge of the development of worldwide real time health monitoring devices market are expanding usage of wearable devices and smartphones into healthcare, cost viability and convenience of patients' to utilize these devices and expanded use of smart devices for management of health among others. Health associated issues have been viewed as one of the real issues which specifically affect the quality of life of an individual and advancement of the country. The development boundaries are lack of awareness about the benefits of real time health monitoring devices and hesitance to share data in regards to the wellbeing among others. Moreover, lack of medical work force influences the nature of treatment, care and nursing.
Market Segmentation
The Real Time Health Monitoring Devices Market is segmented on the basis of type and end user. Based on type the market is segmented into wearable devices, and home health medical devices out of which the wearable devices dominated the market by accounting for the largest market share of 59.51 % in 2017. Wearable devices have become usable and pertinent to detect a few essential signs and discuss them with other organized hubs by means of the Internet. On the basis of end users the market is segmented into hospitals, clinics and ambulatory centres out of which hospitals re the leading segment trailed by clinics.
Regional Outlook and Trend Analysis
Geographically, North America holds the biggest share of the market of real time health monitoring devices market, enlisting 39.08 % in 2017. Japan accounted for the biggest market share in 2017 of USD 1,638.0 million and is anticipated to continue growing at a significant pace in the upcoming years. Rising prevalence of disorders such as obesity is contributing to the development of the regional market.
Competitive Insights
The leading players in the market are Qualcomm, Withings, Jawbone Inc, Fitbit, Wipro GE Healthcare Pvt Ltd and Garmin Ltd. In October-2022, Qualcomm, along with Netgearand other collaborators declared the launch of the first product to support gigabit LTE, a mobile hotspot. The hotspot utilizes a variety of technologies to reach those high speeds, including carrier aggregation. It runs on Telstra’s existing LTE networks.
The Real Time Health Monitoring Devices Market is segmented as follows-
By Type:
- Wearable devices
- Home health medical devices
By End User:
- Hospitals
- Clinics
- Ambulatory Centres
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Columbia
- South Africa
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Real-Time Health Monitoring Devices Market, By Type, Estimates and Forecast, 2014-2023 ($Million)
· Wearable Devices
· Home Health Medical Devices
· Real-Time Health Monitoring Devices Market, By End User, Estimates and Forecast, 2014-2023 ($Million)
· Hospitals
· Clinics
· Ambulatory Centers
· Real-Time Health Monitoring Devices Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
· North America
§ North America Real-Time Health Monitoring Devices Market, By Country
o U.S. Real-Time Health Monitoring Devices Market
o Canada Real-Time Health Monitoring Devices Market
o Mexico Real-Time Health Monitoring Devices Market
· Europe
§ Europe Real-Time Health Monitoring Devices Market, By Country
o Germany Real-Time Health Monitoring Devices Market
o UK Real-Time Health Monitoring Devices Market
o France Real-Time Health Monitoring Devices Market
o Russia Real-Time Health Monitoring Devices Market
o Italy Real-Time Health Monitoring Devices Market
o Rest of Europe Real-Time Health Monitoring Devices Market
· Asia-Pacific
§ Asia-Pacific Real-Time Health Monitoring Devices Market, By Country
o China Real-Time Health Monitoring Devices Market
o Japan Real-Time Health Monitoring Devices Market
o South Korea Real-Time Health Monitoring Devices Market
o India Real-Time Health Monitoring Devices Market
o Southeast Asia Real-Time Health Monitoring Devices Market
o Rest of Asia-Pacific Real-Time Health Monitoring Devices Market
· South America
§ South America Real-Time Health Monitoring Devices Market
o Brazil Real-Time Health Monitoring Devices Market
o Argentina Real-Time Health Monitoring Devices Market
o Columbia Real-Time Health Monitoring Devices Market
o South Africa Real-Time Health Monitoring Devices Market
o Rest of South America Real-Time Health Monitoring Devices Market
· Middle East and Africa
§ Middle East and Africa Real-Time Health Monitoring Devices Market
o Saudi Arabia Real-Time Health Monitoring Devices Market
o UAE Real-Time Health Monitoring Devices Market
o Egypt Real-Time Health Monitoring Devices Market
o Nigeria Real-Time Health Monitoring Devices Market
o South Africa Real-Time Health Monitoring Devices Market
o Rest of MEA Real-Time Health Monitoring Devices Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Technological advancements transpired into the field of medical science
3.2.1.2. Initiatives taken by the Governments
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Real-Time Health Monitoring Devices Market, By Type
5.1. Introduction
5.2. Global Real-Time Health Monitoring Devices Sales, Revenue and Market Share by Type (2017-2027)
5.2.1. Global Real-Time Health Monitoring Devices Sales and Sales Share by Type (2017-2027)
5.2.2. Global Real-Time Health Monitoring Devices Revenue and Revenue Share by Type (2017-2027)
5.3. Wearable Devices
5.3.1. Global Wearable Devices Sales and Growth Rate (2017-2027)
5.4. Home Health Medical Devices
5.4.1. Global Home Health Medical Devices Sales and Growth Rate (2017-2027)
6. Real-Time Health Monitoring Devices Market, By End User
6.1. Introduction
6.2. Global Real-Time Health Monitoring Devices Sales, Revenue and Market Share by End User (2017-2027)
6.2.1. Global Real-Time Health Monitoring Devices Sales and Sales Share by End User (2017-2027)
6.2.2. Global Real-Time Health Monitoring Devices Revenue and Revenue Share by End User (2017-2027)
6.3. Hospital
6.3.1. Global Hospital Sales and Growth Rate (2017-2027)
6.4. Clinics
6.4.1. Global Clinics Sales and Growth Rate (2017-2027)
6.5. Ambulatory Centers
6.5.1. Global Ambulatory Centers s Sales and Growth Rate (2017-2027)
7. Real-Time Health Monitoring Devices Market, By Region
7.1. Introduction
7.2. Global Real-Time Health Monitoring Devices Sales, Revenue and Market Share by Regions
7.2.1. Global Real-Time Health Monitoring Devices Sales by Regions (2017-2027)
7.2.2. Global Real-Time Health Monitoring Devices Revenue by Regions (2017-2027)
7.3. North America Real-Time Health Monitoring Devices by Countries
7.3.1. North America Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.3.2. North America Real-Time Health Monitoring Devices Revenue and Growth Rate (2017-2027)
7.3.3. North America Real-Time Health Monitoring Devices Sales by Countries (2017-2027)
7.3.4. North America Real-Time Health Monitoring Devices Revenue (Million USD) by Countries (2017-2027)
7.3.5. U.S.
7.3.5.1. United States Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.3.5.2. United States Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.3.6. Canada
7.3.6.1. Canada Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.3.6.2. Canada Real-Time Health Monitoring Devices Sales (Millions USD) and Growth Rate (2017-2027)
7.3.7. Mexico
7.3.7.1. Mexico Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.3.7.2. Mexico Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.4. Europe Real-Time Health Monitoring Devices by Countries
7.4.1. Europe Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.4.2. Europe Real-Time Health Monitoring Devices Revenue and Growth Rate (2017-2027)
7.4.3. Europe Real-Time Health Monitoring Devices Sales by Countries (2017-2027)
7.4.4. Europe Real-Time Health Monitoring Devices Revenue (Million USD) by Countries (2017-2027)
7.4.5. Germany
7.4.5.1. Germany Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.4.5.2. Germany Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.6. UK
7.4.6.1. UK Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.4.6.2. UK Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.7. France
7.4.7.1. France Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.4.7.2. France Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.8. Russia
7.4.8.1. Russia Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.4.8.2. Russia Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.9. Italy
7.4.9.1. Italy Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.4.9.2. Italy Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.10. Rest of Europe
7.4.10.1. Rest of Europe Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.4.10.2. Rest of Europe Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.5. Asia-Pacific
7.5.1. Asia-Pacific Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.5.2. Asia-Pacific Real-Time Health Monitoring Devices Revenue and Growth Rate (2017-2027)
7.5.3. Asia-Pacific Real-Time Health Monitoring Devices Sales by Countries (2017-2027)
7.5.4. Asia-Pacific Real-Time Health Monitoring Devices Revenue (Million USD) by Countries (2017-2027)
7.5.5. China
7.5.5.1. China Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.5.5.2. China Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6. Japan
7.5.6.1. Japan Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.5.6.2. Japan Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.7. Korea
7.5.7.1. Korea Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.5.7.2. Korea Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.8. India
7.5.8.1. India Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.5.8.2. India Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.9. Southeast Asia
7.5.9.1. Southeast Asia Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.5.9.2. Southeast Asia Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.10. Rest of Asia-Pacific
7.5.10.1. Rest of Asia-Pacific Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.5.10.2. Rest of Asia-Pacific Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.6. South America
7.6.1. South America Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.6.2. South America Real-Time Health Monitoring Devices Revenue and Growth Rate (2017-2027)
7.6.3. South America Real-Time Health Monitoring Devices Sales by Countries (2017-2027)
7.6.4. South America Real-Time Health Monitoring Devices Revenue (Million USD) by Countries (2017-2027)
7.6.5. Brazil
7.6.5.1. Brazil Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.6.5.2. Brazil Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.6. Argentina
7.6.6.1. Argentina Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.6.6.2. Argentina Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.7. Columbia
7.6.7.1. Columbia Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.6.7.2. Columbia Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.8. Rest of South America
7.6.8.1. Rest of South America Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.6.8.2. Rest of South America Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.7. Middle East and Africa
7.7.1. Middle East and Africa Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.7.2. Middle East and Africa Real-Time Health Monitoring Devices Revenue and Growth Rate (2017-2027)
7.7.3. Middle East and Africa Real-Time Health Monitoring Devices Sales by Countries (2017-2027)
7.7.4. Middle East and Africa Real-Time Health Monitoring Devices Revenue (Million USD) by Countries (2017-2027)
7.7.5. Saudi Arabia
7.7.5.1. Saudi Arabia Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.7.5.2. Saudi Arabia Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.6. United Arab Emirates
7.7.6.1. United Arab Emirates Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.7.6.2. United Arab Emirates Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.7. Egypt
7.7.7.1. Egypt Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.7.7.2. Egypt Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.8. Nigeria
7.7.8.1. Nigeria Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.7.8.2. Nigeria Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.9. South Africa
7.7.9.1. South Africa Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.7.9.2. South Africa Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.10. Rest of Middle East and Africa
7.7.10.1. Rest of Middle East and Africa Real-Time Health Monitoring Devices Sales and Growth Rate (2017-2027)
7.7.10.2. Rest of Middle East and Africa Real-Time Health Monitoring Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8. Company Profiles
8.1. Qualcomm
8.1.1. Business Overview
8.1.2. Product Portfolio
8.1.3. Strategic Developments
8.1.4. Sales, Revenue and Market Share
8.2. GE Healthcare
8.2.1. Business Overview
8.2.2. Product Portfolio
8.2.3. Strategic Developments
8.2.4. Sales, Revenue and Market Share
8.3. Withings SA
8.3.1. Business Overview
8.3.2. Product Portfolio
8.3.3. Strategic Developments
8.3.4. Sales, Revenue and Market Share
8.4. Jawbone, Inc.
8.4.1. Business Overview
8.4.2. Product Portfolio
8.4.3. Strategic Developments
8.4.4. Sales, Revenue and Market Share
8.5. Garmin Ltd.
8.5.1. Business Overview
8.5.2. Product Portfolio
8.5.3. Strategic Developments
8.5.4. Sales, Revenue and Market Share
8.6. Fitbit, Inc.
8.6.1. Business Overview
8.6.2. Product Portfolio
8.6.3. Strategic Developments
8.6.4. Sales, Revenue and Market Share
9. Global Real-Time Health Monitoring Devices Market Competition, by Manufacturer
9.1. Global Real-Time Health Monitoring Devices Sales and Market Share by Manufacturer (2017-2017)
9.2. Global Real-Time Health Monitoring Devices Revenue and Market Share by Manufacturer (2017-2017)
9.3. Global Real-Time Health Monitoring Devices Price (2017-2017)
9.4. Top 5 Real-Time Health Monitoring Devices Manufacturer Market Share
9.5. Market Competition Trend
10. Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.1. Global Real-Time Health Monitoring Devices Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
10.2. Real-Time Health Monitoring Devices Market Forecast by Regions (2027-2023)
10.2.1. North America Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.1.1. United States Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.1.2. Canada Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.1.3. Mexico Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.2. Europe Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.2.1. Germany Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.2.2. United Kingdom Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.2.3. France Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.2.4. Russia Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.2.5. Italy Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.2.6. Rest of the Europe Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.3. Asia-Pacific Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.3.1. China Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.3.2. Japan Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.3.3. Korea Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.3.4. India Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.3.5. Southeast Asia Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.3.6. Rest of Asia-Pacific Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.4. South America Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.4.1. Brazil Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.4.2. Argentina Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.4.3. Columbia Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.4.4. Rest of South America Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.5. Middle East and Africa Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.5.1. Saudi Arabia Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.5.2. UAE Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.5.3. Egypt Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.5.4. Nigeria Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.5.5. South Africa Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.2.5.6. Rest of MEA Real-Time Health Monitoring Devices Market Forecast (2027-2023)
10.3. Real-Time Health Monitoring Devices Market Forecast by Type (2027-2023)
10.3.1. Global Real-Time Health Monitoring Devices Sales Forecast by Type (2027-2023)
10.3.2. Global Real-Time Health Monitoring Devices Sales Market Share Forecast by Type (2027-2023)
10.4. Real-Time Health Monitoring Devices Market Forecast by End User (2027-2023)
10.4.1. Global Real-Time Health Monitoring Devices Sales Forecast by End User (2027-2023)
10.4.2. Global Real-Time Health Monitoring Devices Sales Market Share Forecast by End User (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Real-Time Health Monitoring Devices Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
|
Data Collection Matrix |
Supply Side |
Demand Side |
|
Primary Data Sources |
|
|
|
Secondary Data Sources |
|
|
Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
|
Qualitative Data |
Quantitative Data (2017-2025) |
|
|