Europe Remote Patient Monitoring Devices market in Europe is expected to grow from US$ 204.55 Million in the year 2020 and is expected to reach US$ 432.58 Million by 2027 growing at a CAGR of 9.0% over the forecast period.
Remote patient monitoring is a technology to enable monitoring of patients outside of conventional clinical settings, such as in the home or in a remote area, which may increase access to care and decrease healthcare delivery costs.
Remote patient monitoring uses digital technologies to collect medical and other forms of health data from individuals in one location and electronically transmit that information securely to health care providers in a different location for assessment and recommendations.
The Europe Remote Patient Monitoring Devices market is growing along with the healthcare industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
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The obesity rates have been increasing rapidly in developed as well as developing economies across the globe. Factors such as, sedentary life and unhealthy lifestyle are considered to be the major factors for the rise in the number of obese individuals. As per data published by The Organisation for Economic Co-operation, (OECD), in 2015, around 19.5% of the adult population was obese. The prevalence has increases rapidly in the United Kingdom in the recent decade. Obesity levels are anticipated to be high in the Germany and England, consisting of around 34% and 35% of the population respectively by the end of 2030.
These factors are expected to offer broad growth opportunities in the healthcare industry and this is expected to cause the demand for immunochemistry assays in the market.
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