According to GlobalData’s medical device pipeline database, 246 Remote Patient Monitoring devices are in various stages of development globally. GlobalData’s report Remote Patient Monitoring provides an overview of the segment’s pipeline landscape and offers detailed analysis of its products. Buy the report here.
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Of these devices, 164 are in active development, while the remaining 86 are in an inactive stage of development. There are 83 products in the early stages of development, and the remaining 81 are in the late stages of development.
The remote patient monitoring devices are used to retrieve and transmit data through a wireless system to a monitoring station or a physician’s office for further analysis and interpretation. This category includes revenues generated from sale of transmitters also called Gateways for implantable and external remote patient monitoring devices. It excludes the revenues generated through sale of peripheral devices, patient data processing applications and equipments, applications which integrate data with EMR’s. Revenues generated from yearly service maintenance contracts and data transmission charges are also excluded. This category includes two segments external remote patient monitoring devices and implantable remote patient monitoring devices.
Innovations in the medical devices sector are linked to the development of new approaches, processes, or technologies for treating, diagnosing, and managing disease in response to demand from healthcare for better patient outcomes and reduce healthcare costs.
Based on an analysis of GlobalData’s Medical Intelligence Center pipeline product database, these actively developed Remote Patient Monitoring pipeline devices are all expected to be approved within the next ten years.
Currently, private organizations, public entities and institutions are working on the development of Remote Patient Monitoring devices. Overall, most of these Remote Patient Monitoring pipeline devices are being developed by private entities.
Key players involved in the active development of Remote Patient Monitoring include CardiacSense, ALR Technologies, BioSensics, Strados Labs, Barron Associates, Eccrine Systems, InfoBionic.Ai, Boston Scientific, PulseNmore and Babyscripts.
For a complete picture of the developmental pipeline for Remote Patient Monitoring devices, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. The Pipeline Products database is a is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.
