Global Patient Tracking Devices Market

Global Patient Tracking Devices Market Size, Trends & Analysis - Forecasts to 2026 By Component (Products [Smart Watches/ RFID Bands, Tracking Patches, Tracking Pendants/ IDs, Monitors/ Devices] and Software/Apps), By End User (Hospitals, Home Healthcare Settings, Old Age Homes and Other End Users), By Region (Europe, North America, MEA, Asia Pacific, CSA); Vendor Landscape, Company Market Share Analysis, End-User Landscape, and Competitor Analysis

Category Healthcare
Format
  • ms word
  • ms excel
  • ms ppt
  • pdf

Patient Tracking Devices Market Insights

The Patient Tracking Devices market will grow at a CAGR of ~18.5%. The patient tracking devices are a wearable sensor or monitor that tracks the patient’s movements and provide an interpreted data, which helps the user understand where the patient moves, how long does he/she sits, or sleeps, or if the patient has fallen. Such devices are extremely useful for the patients and geriatric public suffering from Dementia or Alzheimer’s disease, as patient tracking becomes of utmost importance. The data interpreted from the devices immediately sends an alarming signal to the user, nurses, or doctors for an immediate medical response as required. The data receiver on the other end can be a laptop, smartphone, or tablet with software or apps installed. Hence, the market will grow immensely because of the increasing cases of Dementia, Alzheimer’s, Geriatric patients, and immobile patients. Moreover, many health care providers in countries like the U.S., Germany, Australia, etc. have adopted this technology to lower the patient’s healthcare costs, reduced patient-location related complications, and promote patient-centric solutions. Moreover, the increasing trend of using the internet of things (IoT) with medical devices for the welfare of patients will help fuel the market growth.

Patient Tracking Devices Market

Patient Tracking Devices Market: By Component

Based on the component of the Patient Tracking Devices, the market can be explained based on the products and software segments. The product segment includes smartwatches/ RFID bands, tracking patches, tracking pendants/ IDs, and monitors/ devices. The products segment will be the largest segment taking into consideration the availability of the advanced medical devices into the market, growing patient awareness regarding GPS in tracking patients residing at hospitals, old age homes, and other public areas, and rising incidence of dementia and Alzheimer’s cases which need close tracking of the patient due to loss of memory related to their names, homes, work, location, roads, etc.

Global Patient Tracking Devices Market Segmentation

Patient Tracking Devices Market: By End-User

Based on consumer analysis, the market can be bifurcated into hospitals, home settings, old aged homes, and other end users which include research industries, clinics, specialty centers, and surgical centers. The home healthcare settings segment will be the fastest-growing segment considering the factors of high availability of such innovative devices for public use, increasing geriatric population in European and Asian countries, high affordability, ease of use, and rising cases of dementia and Alzheimer’s amongst the patients residing home.

Patient Tracking Devices Market

Patient Tracking Devices Market: By Region

The market is bifurcated into Asia-Pacific, NA, Europe, MEA, & CSA. North America will yield the highest revenue in this market. Awareness of advanced technology for tracking their loved ones, rising government interest in patient-centric care solutions, and increasing Alzheimer’s cases are the major factors to fuel the growth of this region. Moreover, the Asia-Pacific region will be the fastest-growing regional segment. The increasing public interest in lowering healthcare costs, reduced complications related to tracing a patient, and demand for a patient’s high-quality life will drive the market for APAC.

Patient Tracking Devices Market Share and Competitor Analysis

The main companies operating in this market are Sonitor, MOIO GmBH, Cerner, Centrak, erner, Patient Trak and Lumin Medical LLC, AngelSense, GTX Corporation, iTraq, Inc., MindMe, Location Based Technologies, Inc., Revolutionary Tracker LLC., Positioning Solutions AB, Patient Care Solution, Syntactics, Inc., Yepzon India and Digiteum among others. (Other companies include Zebra Technologies Corp., infsoft GmbH, ScienceSoft USA Corporation, iottag Australia, Advantech Co., Ltd., Pycube, and STANLEY Healthcare).

Please note: This is not an exhaustive list of companies profiled in the report.

In 2017, a Germany based company launched its product MOIO which is a soft, wearable sensor to track patients and provide data related to position signal, standing and sleeping position signals, GPS location, mobility data, fall signal, and temperature monitoring data.

Patient Tracking Devices Market: By Component

  1. Introduction 
    1. Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)   
  2. Products       
    1. Products: Patient Tracking Devices Market, 2018-2026 (USD Million)
      1. Smart Watches/ RFID Bands: Patient Tracking Devices Market, 2018-2026 (USD Million)
      2. Tracking Patches: Patient Tracking Devices Market, 2018-2026 (USD Million)
      3. Tracking Pendants/ IDs: Patient Tracking Devices Market, 2018-2026 (USD Million)
      4. Monitors/ Devices: Patient Tracking Devices Market, 2018-2026 (USD Million)
  3. Software/Apps        
    1. Software/Apps: Patient Tracking Devices Market, 2018-2026 (USD Million)

Patient Tracking Devices Market: By End-User

  1. Introduction
    1. Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)        
  2.    Home Healthcare Settings          
    1. Home Healthcare Settings: Patient Tracking Devices Market, 2018-2026 (USD Million)
  3.   Hospitals    
    1. Hospitals: Patient Tracking Devices Market, 2018-2026 (USD Million)
  4.    Old Age Homes
    1. Old Age Homes: Patient Tracking Devices Market, 2018-2026 (USD Million)
  5. Others           
    1. Others: Patient Tracking Devices Market, 2018-2026 (USD Million)

Patient Tracking Devices Market: By Region

  1. Introduction 
    1. Global Patient Tracking Devices Market, By Region, 2018-2026 (USD Million)
  2. North America         
    1. By Component          
      1. North America Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)
    2. By End-User
      1. North America Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)
    3. By Country     
      1. U.S
        1. By Component
          1. U.S Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)
        2. By End-User   
          1. U.S Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)
      2. Canada
        1. By Component          
          1. Canada Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)
        2. By End-User   
          1. Canada Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)
      3. Mexico           
        1. By Component          
          1. Mexico Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)   
        2. By End-User   
          1. Mexico Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)   
  3. Europe          
    1. By Component          
      1. Europe Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)
    2. By End-User   
      1. Europe Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)      
    3. By Country     
      1. Germany        
        1. By Component          
          1. Germany Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)     
        2. By End-User   
          1. Germany Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)   
      2. UK      
        1. By Component          
          1. UK Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)   
        2. By End-User   
          1. UK Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million) 
      3. France
        1. By Component          
          1. France Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)   
        2. By End-User   
          1. France Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)               
      4. Italy    
        1. By Component          
          1. Italy Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)   
        2. By End-User   
          1. Italy Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million) 
      5. Rest Of Europe          
        1. By Component          
          1. Rest Of Europe Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)       
        2. By End-User   
          1. Rest Of Europe Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)     
  4. Asia Pacific  
    1. By Component          
      1. Asia Pacific Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)     
      2. By End-User   
        1. Asia Pacific Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)           
      3. By Country     
        1. China 
          1. By Component          
            1. China Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)      
          2. By End-User   
            1. China Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)      
        2. Japan 
          1. By Component          
            1. Japan Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)
          2. By End-User   
            1. Japan Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)      
        3. India  
          1. By Component          
            1. India Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)
          2. By End-User   
            1. India Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)      
        4. Australia        
          1. By Component          
            1. Australia Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)        
          2. By End-User   
            1. Australia Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)                              
        5. Rest of APAC
          1. By Component          
            1. Rest of APAC Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)          
          2. By End-User   
            1. Rest of APAC Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)
  5. Middle East & Africa           
    1. By Component          
      1. Middle East & Africa Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)        
    2. By End-User   
      1. Middle East & Africa Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)        
    3. By Country     
      1. Saudi Arabia
        1. By Component          
          1. Saudi Arabia Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)       
        2. By End-User   
          1. Saudi Arabia Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)
      2. UAE    
        1. By Component          
          1. UAE Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)   
        2. By End-User   
          1. UAE Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million) 
  6. Central & South America   
    1. By Component          
      1. Central & South America Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)          
    2. By End-User   
      1. Central & South America Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)          
    3. By Country     
      1. Brazil 
        1. By Component          
          1. Brazil Patient Tracking Devices Market, By Component, 2018-2026 (USD Million)   
        2. By End-User   
          1. Brazil Patient Tracking Devices Market, By End-User, 2018-2026 (USD Million)   

The global Patient Tracking Devices Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Patient Tracking Devices Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Patient Tracking Devices Market.

Patient Tracking Devices Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Patient Tracking Devices Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Patient Tracking Devices Market

We value your investment and offer free customization with every report to fulfil your exact research needs.
This website is secure and your personal details are safe. Privacy

Tailor made solutions just for you

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

OUR CLIENTS

  • Client of Global Market Estimates - Redline Communications
  • Client of Global Market Estimates - Samsung
  • Client of Global Market Estimates - Indorama
  • Client of Global Market Estimates - Horiba
  • Client of Global Market Estimates - Asahi Kasei
  • Client of Global Market Estimates - Lonza
  • Client of Global Market Estimates - Aranca
  • Client of Global Market Estimates - Cablel
  • Client of Global Market Estimates - Carbotainer
  • Client of Global Market Estimates - Chimai
  • Client of Global Market Estimates - Evermore
  • Client of Global Market Estimates - Grapsud
  • Client of Global Market Estimates - infinium
  • Client of Global Market Estimates - Rusada
  • Client of Global Market Estimates - Shield Scientific
  • Client of Global Market Estimates - Signify
  • Client of Global Market Estimates - Teledyne
  • Client of Global Market Estimates - Trelleborg
  • Client of Global Market Estimates - Atlas
  • Client of Global Market Estimates - Bitumar
  • Client of Global Market Estimates - Hidrostal
  • Client of Global Market Estimates - Kikkoman Biochemifa
  • Client of Global Market Estimates - Leoni
  • Client of Global Market Estimates - Medtronic
  • Client of Global Market Estimates - Molnlycke
  • Client of Global Market Estimates - Now-Plastics
  • Client of Global Market Estimates - Playment
  • Client of Global Market Estimates - Spirent
  • Client of Global Market Estimates - Surestar
  • Client of Global Market Estimates - Tokyo Electron Limited
  • Client of Global Market Estimates - Tension Packaging
  • Client of Global Market Estimates - Toray