The cardiac remote patient monitoring device is estimated to be valued at US$ 396 Mn in 2021 and is expected to register a CAGR of 7.9% and reach US$ 680 Mn by 2028.
Figure 1. Global Cardiac Remote Patient Monitoring Device Market (US$ Mn), By Application, 2021
Figure 1.1 Global Cardiac Remote Patient Monitoring Device Market (US$ Mn), By Application, 2028
The increasing product launches and approvals are expected to drive the market growth over the forecast period.
For instance, in September 2021, VitalConnect Inc., head in remote and in hospital wearable biosensor technology, had introduced its latest version of VistaCenter for cardiac and remote patient monitoring. This latest version helps in making the patient management easier and less time-intensive for physicians.
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