Connected Health: Remote Patient Monitoring
Cardiac, Respiratory/Sleep, Integrated/Multi-Conditions, Mobile Apps
ON World Differentiators:
* Decades of industry experience
* Primary research investigation
* Technology expertise
* Actionable data
* Customized to your needs
Customized Market Research Data:
ON World's market research is used by Fortune 1000 companies, investors, startups and developers worldwide.
Our datasets include market size forecasts, ecosystem surveys and other market data, customized to your specific needs.
Delivery format: Excel, PPT
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Overall health spending and related expenses from chronic diseases such as cardiovascular disease, diabetes, respiratory conditions, cancer and dementia make up over three quarters of healthcare expenditures. Adoption for integrated/multi-condition remote patient monitoring (RPM) platforms doubled during the pandemic.
Cloud-based, integrated platforms for remote patient monitoring seamlessly connect patients physiological data (e.g. heart rate, blood pressure, blood glucose, weight, temperature, oxygen levels, ECG, respiration) as well as other Patient Generated Health Data (PGHA) such as responses to questionnaires with healthcare providers and their backend systems. Remote patient monitoring has been proven to reduce hospital re-admissions, increases adherence to treatment/medication and improve patient satisfaction.
Traditionally, integrated RPM systems have been targeted at older people with chronic illnesses but since 2020, CMS has allowed reimbursement for RPM of patients with acute conditions as well in a variety of locations and situations. Healthcare systems have accelerated the rollout of their RPM programs in response to the pandemics risk to healthcare workers as well as increased reimbursement flexibility.A few of these organizations and industry alliances include the Advanced Care at Home Coalition, Veteran's Health Administration, Kaiser Permanente and Mayo Clinic.
By 2026, annual RPM revenues in North America will reach $17.2 billion up from $10 billion in 2020.
This research service is based on ongoing phone interviews and surveys with thousands of consumers and hundreds of healthcare organizations, home service providers and vendors. It provides extensive data on connected health focused on remote patient monitoring. Your customized data includes 6-year market size forecasts for North America total monitored patients and revenues (equipment and services).
MARKET SIZE FORECASTS:
ON World's granular connected health market size forecasts are by product segment and other product feature variations with breakdowns by country and distribution channel. Our forecasts are continually updated and are customized to meet your specific needs.
Cardiac Diagnostics Monitoring
Cardiac Rhythm Management
Region: North America (US, Canada)
Historical Data: 2 previous years
Projections: 6 years including the current year
Forecast unit: Total subscribers/users, equipment device shipments and revenues (equipment and services)
Equipment ASP: Retail price
Channels: Healthcare (Primary Care, Home Health), Senior Living, Retail/Pharmacy, Direct to Consumer
Specific product segment(s)
Delivery Format: Excel
ECOSYSTEM RESEARCH DATA:
ON World's ecosystem research data is based on ongoing surveys with organizations across the whole connected health value chain. Your dataset is customizable using our latest survey data or we can conduct a new survey(s) to investigate your unique market needs.
Examples of recently surveyed ecosystem segments include:
Connected health users/early adopters 55+
Likely future connected health users 55+
Retail Store/Pharmacy Sales Reps:
Senior Living Facilities
Health Insurance Companies
Other Senior Service Providers
Electronics Outlets (e.g. Best Buy, The Source)
Pharmacies (e.g. CVS, Walgreen's)
Mass Market chains (e.g. Walmart, Target, Canadian Tire)
Hardware stores (e.g. Ace Hardware)
Online Product Listings:
5,000+ product listings from dozens of web storefronts (Amazon.com, Bestbuy.com, etc.)
1+ million ratings/reviews
Tracking sales growth, pricing, features, consumer feedback
Delivery Format: PPT
Every year, ON World surveys thousands of individuals in the connected health ecosystem including:
End User Datasets:
Early adopting consumers aged 55+
Early majority consumers aged 55+
Caregivers to seniors/disabled adults
Healthcare/senior living organizations
Home security providers
Cable/Internet service providers
Retail outlets (e.g. Best Buy, Home Depot, Walmart)
Every quarter, ON World conducts hundreds of interviews and surveys with executives and product managers with leading manufacturers, software developers, component suppliers, and platform providers involved with connected health and IoT markets. Examples of recently interviewed/surveyed companies include:
Connected Health Systems & Services:
AMD Global Telemedicine
Doctor on Demand
Stanley Black & Decker
Veteran's Health Administration (VHA)
Valeo Groupe Americas
I. Ecosystem Analysis
Aging Senior Population
Informal (Unpaid) Caregivers
Chronic Disease Management
Senior Living Communities
Income & Labor Trends
Venture Capital Investment
Consumer IoT Innovations
Senior Technology Trends
Other Smart Devices
II. Technologies & Standards
Emerging technology trends
Bluetooth Low Energy
Connectivity Standards Alliance (CSA)
Open Connectivity Foundation (OCF)
III. Value System
In-depth investigation and analysis of top 40 companies that are having the biggest impact on the connected health ecosystem today.
Current offerings, products and services, pricing, differentiators
Financials, partners, go-to-market strategy
Standards supported, software, tools, integration, key features...
IV. Primary Research
Conduct surveys with older adults and caregivers to learn recent adoption trends, preferences and likelihood of future purchases.
Sample survey questions:
Smart Home Systems
Medical Alert Systems
Connected Health Devices
Sharing Health Data
Home Monitoring Service
When Likely to Adopt
Planned Assisted Care IoT Products
Important/Most Important Features
Reasons for Not Adopting
Other ecosystem stakeholders we regularly survey include retail sales reps, professional installers, home service providers, builders and vendors/suppliers.
Online Product Analysis:
Our proprietary database includes thousands of online smart home product listings and over a million consumer reviews that are continually categorized, filtered and analyzed.
V. Market Size Forecasts
Healthcare data models
Senior Living data model
Retail/pharmacy data model
DTC data model
Average recurring (service) revenue/user (ARRPU)
Device unit shipments
Average sale prices (ASP)
About ON World:
ON World provides business intelligence on Internet of Things markets. Since 2003, our market research has been used by Fortune 1000 companies, investors and IoT developers worldwide.