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Report
Smartphone-Based Patient Monitoring: Global Market
Market Research Report I 2022-10-28 I 154 Pages I BCC Research
Description
Report Scope:
This report offers a detailed picture of the smartphone-based patient monitoring market.
This report highlights the current and future market potential for smartphone-based patient monitoring. It provides a detailed analysis of the competitive environment, regulatory scenario, drivers, restraints, opportunities, and trends in the market. The report also covers market projections through 2027 and key market players.
This report discusses smartphone-based patient monitoring and its various resources. It covers the overall smartphone-based patient monitoring market, including sensors and apps. In addition, the report also analyzes various medical apps, including chronic care management apps, general health and fitness apps, medication management apps, patient management and monitoring apps, personal health record apps, and women's health apps, among other apps. Furthermore, a complete regional analysis of the market was also conducted for this report.
Based on geography, the market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World (which includes Latin America, the Middle East and Africa). Detailed analyses of major countries (the U.S., Canada, Germany, the U.K., France, Spain, Italy, Japan, China, and India) are covered in regional segments. For market estimates, data has been provided for 2021, which serves as the base year, and market forecasts are provided for 2022 through 2027. Estimated values are based on product manufacturers' total revenues. Projected and forecasted revenue values are in constant U.S. dollars that have not been adjusted for inflation.
Report Includes:
- 48 data tables and 24 additional tables
- A detailed review and up-to-date assessment of the global smartphone-based patient monitoring market
- Analyses of the global market trends, with historic market revenue data from 2020 to 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of current and future market potential for smartphone-based patient monitoring industry, along with a detailed analysis of the competitive environment, market growth driving factors and regulatory scenario
- Estimation of the actual market size and revenue forecast for smartphone-based patient monitoring market in USD million value terms, and corresponding market share analysis by product type, application, and region
- In-depth information (facts and figures) concerning market drivers, market deterrents and other macroeconomic forces affecting the global market outlook for remote patient monitoring industry
- Updated information on the technology landscape for smartphone-based patient monitoring, new developments and emerging technologies, clinical trials for many pipeline products, and potential markets for future developments of innovative products
- Discussion of the industry value chain analysis providing a systematic study of key intermediaries involved, with emphasis on disease type and major types of end users of this market
- Review of the recent patents published and granted on smartphone-based patient monitoring products, applications and technologies
- Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
- Descriptive company profiles of the leading market players, including Apple Inc, Boston Scientific Corp., Cerner Corp., Medtronic PLC and Phillips Healthcare
Executive Summary
Summary:
The global market for smartphone-based patientmonitoringwas valued at just overREDACTED in 2021. The market is expected to growat a compound annual growth rate (CAGR) of REDACTED to reach REDACTED by 2027.
In recent years, the introduction of smartphone technology has upended the healthcare sector, resulting in rising consumer adoption and commercial expansion formobile healthmedical devices. These gadgets have a much greater impact than the typical consumeruses they are typically associatedwith, such as fitness and activity tracking, and they have evenmade theirway into theworld ofmedical applications, such as the diagnosis,monitoring, and, to some extent, the treatment of chronic diseases. The development of smart technology in healthcare has been facilitated by the fusion of gadgets such as smartwatches and activity trackers with itemsmadewith medical-grade components.
A wide range of medical devices is being developed to address abroad range of ailments. Although these devices are not yet a mainstay in the healthcare industry, manymedical device manufacturers have started adding smartphone technology to theirproduct lines to address unmet needs in-home healthcare and remote monitoring-two areas that are showing exponentialgrowth.
The increasing prevalence of diseases requiring round-the-clockmonitoring is an important driverof the medical device market and is expected to significantly contribute to the double-digit growth of the industry, especially considering the global increase in the geriatric population. Specifically, real-time activity and health tracking, remote patientmonitoring, the convenience of home healthcare, and a booming fitness trend are key factors behind this exponential growth. Technologicaladvancements and attractive product features such as smartphone connectivity are also promoting the adoption of medical mobile health.
A heightened health and fitness consciousness among today's consumers has led to an explosive growth in activity and fitness trackers,which is the segment that is expected towitness the highest growth during the forecast period. The use of artificial intelligence (AI) in the development of these devices can potentially shift the healthcare and medical devicesmarket in favorof mobile technology and in the future may even replace some traditional methods such as fingerstick blood testing.
Fitness and activity trackers are computerized devices thatmonitorhealth-relatedmetrics including heart rate, blood oxygen levels,walking or running progress, calorie consumption, and sleep quality. Different types of fitness and activity trackers are available and are mostly in the formof wristbands, although they can also appear as clip-on devices, earbuds or clothing made of smart fabric. Besides being a standalone device, a fitness and activity tracker can also exist in the formof a fitness app and as software regularly installed on smartphones utilizing the device's built-in components to keep track of certain activities.
Table of Contents
Chapter 1 Introduction
1.1 Study Goals and Objectives
1.2 Reasons for Doing This Study
1.3 Scope of Report
1.4 Information Sources
1.5 Methodology
1.6 Geographic Breakdown
1.7 Analyst's Credentials
1.8 BCC Custom Research
1.9 Related BCC Research Reports
Chapter 2 Executive Summary
2.1 Companies and Apps
Chapter 3 Market Overview and Technological Landscape
3.1 Market Dynamics
3.1.1 Market Drivers
3.1.2 Market Opportunities
3.2 Supply Chain Analysis
3.2.1 Porter's Five Force Analysis
3.2.2 Introduction
3.2.3 Bargaining Power of Suppliers
3.2.4 Bargaining Power of Buyers
3.2.5 Threat of New Entrants
3.2.6 Threat of Substitutes
3.2.7 Market Competition
3.3 Technological Landscape/Evolution
Chapter 4 Emerging Technologies/ Opportunities
Chapter 5 Market Breakdown by Product Type, Application and Type of Sensor
5.1 Market for Smartphone-based Patient Monitoring by Product Type
5.1.1 Heart Health Monitoring
5.1.2 Neurological Health Monitoring
5.1.3 Renal Health Monitoring
5.1.4 Other Types of Health Monitoring
5.2 Market for Smartphone-based Patient Monitoring by Application
5.2.1 Health and Fitness
5.2.2 Types of Health and Fitness Devices
5.2.3 Diagnostics
5.2.4 Ability to Target Chronic Diseases and Disorders
5.2.5 Types of Diagnostic and Monitoring Devices
5.2.6 Therapeutics
5.2.7 Target Chronic Diseases and Disorders
5.2.8 Key Therapeutic Devices
5.3 Market for Smartphone-based Patient Monitoring by Type of Sensor
5.3.1 Image Sensors
5.3.2 Motion Sensors
5.3.3 Others
Chapter 6 Market Breakdown by Region
6.1 Global Market for Smartphone-based Patient Monitoring by Region
6.1.1 North America
6.1.2 Europe
6.1.3 Asia-Pacific
6.1.4 RoW (Rest of the World)
Chapter 7 Competitive Landscape
7.1 Overview
Chapter 8 Company Profiles
ABBOTT LABORATORIES
APPLE INC.
AGAMATRIX
ALLSCRIPTS HEALTHCARE SOLUTIONS INC.
ATHENAHEALTH
BOSTON SCIENTIFIC CORP.
CERNER
EMPERRA GMBH E-HEALTH TECHNOLOGIES
GLOOKO
IHEALTHLABS
MEDTRONIC
PHILIPS HEALTHCARE
ROCHE HOLDING AG (F. HOFFMANN-LA ROCHE LTD.)
SAMSUNG ELECTRONICS CO. LTD.
List of Tables
Summary Table : Global Market for Smartphone-based Patient Monitoring, by Region, Through 2027
Table 1 : Global Population and Annual Growth, by Selected Age Group and Selected Years, Through 2030
Table 2 : Global Leading Causes of Burden of Disease, 2004 and 2030
Table 3 : Investments by Startups in the Market
Table 4 : Technological Evolution in Smartphone-based Patient Monitoring
Table 5 : Smartphone-based Imaging Devices for Various Medical Applications
Table 6 : Global Market for Smartphone-based Patient Monitoring, by Product Type, Through 2027
Table 7 : Global Market for Smartphone-based Heart Health Monitoring, by Region, Through 2027
Table 8 : Popular Mobile Apps for Alzheimer's Disease
Table 9 : Global Market for Smartphone-based Neurological Health Monitoring, by Region, Through 2027
Table 10 : Global Market for Smartphone-based Renal Health Monitoring, by Region, Through 2027
Table 11 : Global Market for Other Types of Smartphone-based Health Monitoring, by Region, Through 2027
Table 12 : Global Market for Smartphone-based Patient Monitoring, by Application, Through 2027
Table 13 : Global Market for Smartphone-based Health and Fitness Monitoring, by Region, Through 2027
Table 14 : Blood Pressure Levels and Hypertensive Status
Table 15 : Global Market for Smartphone-based Diagnostics, by Region, Through 2027
Table 16 : Global Market for Smartphone-based Therapeutics, by Region, Through 2027
Table 17 : Global Market for Smartphone-based Patient Monitoring, by Type of Sensor, Through 2027
Table 18 : Global Market for Smartphone-based Image Sensors, by Region, Through 2027
Table 19 : Global Market for Smartphone-based Motion Sensors, by Region, Through 2027
Table 20 : Global Market for Other Types of Smartphone-based Sensors, by Region, Through 2027
Table 21 : Global Market for Smartphone-based Patient Monitoring, by Region, Through 2027
Table 22 : North American Market for Smartphone-based Patient Monitoring, by Product Type, Through 2027
Table 23 : North American Market for Smartphone-based Patient Monitoring, by Type of Sensor, Through 2027
Table 24 : North American Market for Smartphone-based Patient Monitoring, by Application, Through 2027
Table 25 : North American Market for Smartphone-based Patient Monitoring, by Country, Through 2027
Table 26 : COVID-19 Confirmed Cases and Deaths in the U.S., by State, Aug. 3, 2022
Table 27 : Most Common Chronic Conditions for Adults Aged 65+ Years, by Type
Table 28 : Funding by Federal Government for Treatment of Chronic Diseases
Table 29 : European Market for Smartphone-based Patient Monitoring, by Product Type, Through 2027
Table 30 : European Market for Smartphone-based Patient Monitoring, by Type of Sensor, Through 2027
Table 31 : European Market for Smartphone-based Patient Monitoring, by Application, Through 2027
Table 32 : European Market for Smartphone-based Patient Monitoring, by Country, Through 2027
Table 33 : German Cardiac Procedures, by Gender, 2020
Table 34 : Rising Geriatric Population in Germany, 2000-2030
Table 35 : Healthcare Expenditures in Germany, 2019 and 2020
Table 36 : COVID-19 Cases in the U.K., by Country, August 4, 2020
Table 37 : Deaths from CVD and Number of People Living with CVD in the U.K.
Table 38 : Healthcare Spending and Financing in France, 2015-2020
Table 39 : Asia-Pacific Market for Smartphone-based Patient Monitoring, by Product Type, Through 2027
Table 40 : Asia-Pacific Market for Smartphone-based Patient Monitoring, by Type of Sensor, Through 2027
Table 41 : Asia-Pacific Market for Smartphone-based Patient Monitoring, by Application, Through 2027
Table 42 : Asia-Pacific Market for Smartphone-based Patient Monitoring, by Country, Through 2027
Table 43 : Cases of COVID-19 Infection and Mortality in Japan, Aug. 2, 2020
Table 44 : COVID-19 Cases in Japan, by Prefecture, July, 2022
Table 45 : Trends in Aging Population (65+ Years) in Japan, 2010-2040
Table 46 : Regulation in China, 2015-2020
Table 47 : RoW Market for Smartphone-based Patient Monitoring, by Product Type, Through 2027
Table 48 : RoW Market for Smartphone-based Patient Monitoring, by Type of Sensor, Through 2027
Table 49 : RoW Market for Smartphone-based Patient Monitoring, by Application, Through 2027
Table 50 : Smartphone-based Patient Monitoring: Company Ranking
Table 51 : Abbott: Product Portfolio
Table 52 : Abbott: Recent Developments, 2021 and 2022
Table 53 : Apple Inc.: Financials, 2018-2021
Table 54 : Apple Inc.: Product Portfolio
Table 55 : AgaMatrix: Product Portfolio
Table 56 : Allscripts Healthcare Solutions Inc.: Products
Table 57 : Allscripts Healthcare Solutions Inc.: Financials, 2018-2020
Table 58 : Athenahealth: Product Portfolio
Table 59 : Athenahealth: Recent Developments, 2021 and 2022
Table 60 : Cerner Corp.: Product Portfolio
Table 61 : Cerner Corp.: Financial Performance, 2018-2020
Table 62 : Emperra GmbH: Product Portfolio
Table 63 : Glooko: Product Portfolio
Table 64 : iHealthLabs: Product Portfolio
Table 65 : Medtronic PLC: Product Portfolio
Table 66 : Phillips Healthcare: Financial Performance, 2018-2020
Table 67 : Phillips Healthcare: Product Portfolio
Table 68 : F. Hoffmann-La Roche Ltd.: Financials, 2018-2020
Table 69 : Roche: Product Portfolio
Table 70 : Samsung Electronics: Revenue, 2018-2020
Table 71 : Samsung Electronics: Product Portfolio
List of Figures
Summary Figure A : Global Market for Smartphone-based Patient Monitoring, by Region, 2020-2027
Summary Figure B : Global Market Shares of Smartphone-based Patient Monitoring, by Region, 2021
Figure 1 : Market Drivers of Smartphone-based Patient Monitoring
Figure 2 : Percentage of Population Aged 65 Years and Above, by Region, 2018
Figure 3 : Percentage of Population Aged 65 Years and Above, by Region, 2050
Figure 4 : Global Population, by Selected Age Group and Selected Years, 2000-2030
Figure 5 : Trends in Rising Aged Population Around the World, 2014-2022
Figure 6 : Global Projections for Three Chronic Diseases, 2005-2030
Figure 7 : Supply Chain of the Market for Smartphone-based Patient Monitoring
Figure 8 : Bargaining Power of Suppliers
Figure 9 : Bargaining Power of Buyers
Figure 10 : Threat of New Entrants
Figure 11 : Threat from Substitutes
Figure 12 : Market Competition
Figure 13 : Global Market Shares of Smartphone-based Patient Monitoring, by Product Type, 2021
Figure 14 : Global Burden of Stroke, 1990 and 2020
Figure 15 : Global Market for Smartphone-based Heart Health Monitoring, 2020-2027
Figure 16 : Global Market for Smartphone-based Heart Health Monitoring, by Region, 2020-2027
Figure 17 : Global Market for Smartphone-based Neurological Health Monitoring, 2020-2027
Figure 18 : Global Market for Smartphone-based Neurological Health Monitoring, by Region, 2020-2027
Figure 19 : Global Market for Smartphone-based Renal Health Monitoring, 2020-2027
Figure 20 : Global Market for Smartphone-based Renal Health Monitoring, by Region, 2020-2027
Figure 21 : Global Market for Other Types of Smartphone-based Health Monitoring, 2020-2027
Figure 22 : Global Market for Other Types of Smartphone-based Health Monitoring, by Region, 2020-2027
Figure 23 : Global Market Shares of Smartphone-based Patient Monitoring, by Application, 2021
Figure 24 : Global Market for Smartphone-based Patient Monitoring, by Application, 2020-2027
Figure 25 : Global Market for Smartphone-based Health and Fitness Monitoring, 2020-2027
Figure 26 : Projected Global Incidence of Diabetes, 2017 and 2045
Figure 27 : Global Market for Smartphone-based Diagnostics, 2020-2027
Figure 28 : Global Market for Smartphone-based Therapeutics, 2020-2027
Figure 29 : Global Market Shares of Smartphone-based Patient Monitoring, by Type of Sensor, 2021
Figure 30 : Global Market for Smartphone-based Image Sensors, 2020-2027
Figure 31 : Global Market for Smartphone-based Image Sensors, by Region, 2020-2027
Figure 32 : Global Market for Smartphone-based Motion Sensors, 2020-2027
Figure 33 : Global Market for Smartphone-based Motion Sensors, by Region, 2020-2027
Figure 34 : Global Market for Other Types of Smartphone-based Sensors, 2020-2027
Figure 35 : Global Market for Other Types of Smartphone-based Sensors, by Region, 2020-2027
Figure 36 : Global Market for Smartphone-based Patient Monitoring, by Region
Figure 37 : Global Market Shares of Smartphone-based Patient Monitoring, by Region, 2021
Figure 38 : North American Market Shares of Smartphone-based Patient Monitoring, by Product Type, 2021
Figure 39 : North American Market Shares of Smartphone-based Patient Monitoring, by Type of Sensor, 2021
Figure 40 : North American Market Shares of Smartphone-based Patient Monitoring, by Application, 2021
Figure 41 : North American Market Shares of Smartphone-based Patient Monitoring, by Country, 2021
Figure 42 : U.S. Market for Smartphone-based Patient Monitoring, 2020-2027
Figure 43 : Canadian Market for Smartphone-based Patient Monitoring, 2020-2027
Figure 44 : European Market Shares of Smartphone-based Patient Monitoring, by Product Type, 2021
Figure 45 : European Market Shares of Smartphone-based Patient Monitoring, by Type of Sensor, 2021
Figure 46 : European Market Shares of Smartphone-based Patient Monitoring, by Application, 2021
Figure 47 : European Market Shares of Smartphone-based Patient Monitoring, by Country, 2020
Figure 48 : Rising Geriatric Population in Germany, 2000-2030
Figure 49 : Healthcare Expenditures in Germany, 2019 and 2020
Figure 50 : German Market for Smartphone-based Patient Monitoring, 2020-2027
Figure 51 : U.K. Market for Smartphone-based Patient Monitoring, 2020-2027
Figure 52 : Healthcare Spending and Financing in France, 2015-2020
Figure 53 : French Market for Smartphone-Based Patient Monitoring, 2020-2027
Figure 54 : Italian Market for Smartphone-based Patient Monitoring, 2020-2027
Figure 55 : Shares of New Cases in Spain, 2020
Figure 56 : Spanish Market for Smartphone-based Patient Monitoring, 2020-2027
Figure 57 : Rest of European Market for Smartphone-based Patient Monitoring, 2020-2027
Figure 58 : Asia-Pacific Market Shares of Smartphone-based Patient Monitoring, by Product Type, 2021
Figure 59 : Asia-Pacific Market Shares of Smartphone-based Patient Monitoring, by Type of Sensor, 2021
Figure 60 : Asia-Pacific Market Shares of Smartphone-based Patient Monitoring, by Application, 2021
Figure 61 : Asia-Pacific Market Shares of Smartphone-based Patient Monitoring, by Country, 2021
Figure 62 : Trends in Aging Population (65+ Years) in Japan, 2010-2040
Figure 63 : Japanese Market for Smartphone-based Patient Monitoring, 2020-2027
Figure 64 : Chinese Market for Smartphone-based Patient Monitoring, 2020-2027
Figure 65 : Indian Market for Smartphone-based Patient Monitoring, 2020-2027
Figure 66 : Rest of Asia-Pacific Market for Smartphone-based Patient Monitoring, 2020-2027
Figure 67 : Number of New Cases in Africa, 2020
Figure 68 : RoW Market Shares of Smartphone-based Patient Monitoring, by Product Type, 2021
Figure 69 : RoW Market Shares of Smartphone-based Patient Monitoring, by Type of Sensor, 2021
Figure 70 : RoW Market Shares of Smartphone-based Patient Monitoring, by Application, 2021
Figure 71 : Abbott: Annual Revenue, 2018-2021
Figure 72 : Abbott: Vascular Business Annual Revenue, 2018-2021
Figure 73 : Abbott: Revenue Share, by Country, 2021
Figure 74 : Apple Inc.: Revenue Share, by Region, 2021
Figure 75 : Allscripts Healthcare Solutions Inc.: Revenue Share, by Business Segment, 2020
Figure 76 : Allscripts Healthcare Solutions Inc.: Revenue Share, by Region, 2020
Figure 77 : Boston Scientific Corp.: Annual Revenue, 2018-2021
Figure 78 : Boston Scientific Corp.: Revenue Share, by Business Segment, 2021
Figure 79 : Boston Scientific Corp.: Revenue Share, by Region, 2021
Figure 80 : Cerner Corp.: Revenue Share, by Business Model, 2020
Figure 81 : Cerner Corp.: Revenue Share, by Region, 2020
Figure 82 : Medtronic PLC: Annual Revenue, 2018 and 2019
Figure 83 : Medtronic PLC: Revenue Share, by Product Category, 2019
Figure 84 : Phillips Healthcare: Revenue Share, by Operations, 2020
Figure 85 : Phillips Healthcare: Revenue Share, by Region, 2020
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