You are viewing: Australia Remote Patient Monitoring (RPM) Market analysis

The Australia Remote Patient Monitoring (RPM) Market was valued at $1010.8 Million in 2026 and projected to reach to $1938.2 Million by 2031, representing a compound annual growth rate of 13.9%. Australia's Remote Patient Monitoring market for neurological conditions is experiencing accelerated growth, driven by an aging population with increasing prevalence of neurological disorders and widespread adoption of digital health technologies.

Australia Remote Patient Monitoring (RPM) Market (2026-2031) : Size and Share
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Market Size in USD 26.32 MN
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Australia Remote Patient Monitoring (RPM) Market Trends and Insights

  • In 2026, Neurological Monitoring is estimated at $1,010.8 million, reflecting strong adoption of digital health solutions for conditions such as epilepsy, Parkinson's disease, and stroke recovery.
  • By 2031, Neurological Monitoring is forecast to expand to $1,938.2 million, driven by advances in wearable sensors, AI-powered analytics, and increasing prevalence of neurological disorders globally. The acceleration of Neurological Monitoring adoption is underpinned by improved patient outcomes, reduced hospital readmissions, and enhanced clinical decision-making capabilities.
  • Neurological Monitoring technologies enable real-time detection of seizures, tremors, and other neurological events, allowing clinicians to intervene promptly.
  • The 13.9% compound annual growth rate for Neurological Monitoring underscores the segment's strategic importance in the broader RPM ecosystem, positioning it as a high-growth functional category through 2031..

Key Market Statistics

  • CAGR (2026-2031) 13.9% CAGR
  • Market Size, 2026 ~USD 1010.8 Million
  • Forecast, 2031 ~USD 1938.2 Million
  • Country Australia

Australia Remote Patient Monitoring (RPM) Market Overview

Strong Market Growth :

Australia's RPM Neurological Monitoring segment is projected to grow from $1,010.8 million in 2026 to $1,938.2 million by 2031, representing a robust 13.9% CAGR, outpacing the global average of 12.8%.

Digital Health Adoption :

Australian healthcare providers are rapidly integrating RPM solutions for managing epilepsy, Parkinson's disease, and stroke recovery, driven by government digital health initiatives and aging population demographics.

Regulatory Support :

The Australian government's commitment to telehealth reimbursement and digital health infrastructure investments creates a favorable environment for RPM technology deployment across neurological care settings.

Market Maturity :

Australia's advanced healthcare system, high internet penetration, and strong private health insurance sector position it as a mature market for premium neurological monitoring solutions.

Australia Remote Patient Monitoring (RPM) Market Dynamics

  • Healthcare providers across both public and private sectors are investing in RPM infrastructure to improve patient outcomes while reducing hospital readmissions and healthcare costs. The market outlook remains highly positive through 2031, supported by government telehealth policies, growing patient acceptance of remote monitoring, and continuous technological advancements in wearable devices and AI-powered analytics.
  • Key opportunities exist in expanding RPM coverage to regional and rural areas, integrating with existing electronic health record systems, and developing condition-specific monitoring solutions tailored to the Australian healthcare landscape..

Related Ecosystem

Cardiovascular Devices

Top Technologies
  • External Defibrillators
  • Implantable Cardioverter Defibrillators
  • Pulse Oximeters
  • Robotic Systems
  • 3-Lead ECG Leadwires
Top Companies
  • Medtronic plc
  • Boston Scientific Corporation
  • Abbott Laboratories
  • Terumo Corporation
  • KONINKLIJKE PHILIPS N.V.

    Diagnostic Imaging

    Top Technologies
    • Magnetic Resonance Imaging (MRI)
    • Computed Tomography (CT)
    • CT Scanners
    • Nuclear Imaging
    • Positron Emission Tomography
    Top Companies
    • Siemens healthineers
    • PHILIPS HEALTHCARE
    • CANON INC.
    • FUJIFILM Holdings Corporation
    • UNITED IMAGING HEALTHCARE CO., LTD.

      Healthcare It

      Top Technologies
      • Computed Tomography (CT)
      • Machine Learning
      • Magnetic Resonance Imaging (MRI)
      • Natural Language Processing (NLP)
      • Predictive Analytics
      Top Companies
      • CERNER CORPORATION
      • PHILIPS HEALTHCARE
      • Oracle Corporation
      • GE HealthCare Technologies Inc.
      • Siemens healthineers

        Key Takeaways

        • Neurological Monitoring is valued at $1,010.8 million in 2026 and projected to reach $1,938.2 million by 2031, representing a 13.9% CAGR.
        • Neurological Monitoring enables real-time detection and management of conditions including epilepsy, Parkinson's disease, and post-stroke complications.
        • Neurological Monitoring adoption is accelerated by wearable sensor technology, artificial intelligence integration, and rising neurological disorder prevalence.
        • Neurological Monitoring delivers measurable clinical benefits including reduced hospitalizations, improved medication adherence, and enhanced patient safety outcomes.

        Remote Patient Monitoring (RPM) Market Report Scope

        Report Metric Details
        Base Year 2026
        Fastest Growing Segment ASIA PACIFIC (Indication)
        Forecast Period 2026–2031
        Growth Rate CAGR of 12.8% from 2026 to 2031
        Largest Segment DEVICES (Component)
        Market Size Base Year (Billions) ~USD 36.32 (2026)
        Revenue Forecast (Billions) ~USD 66.33 (2031)
        Segments Covered Component, Function, Type, Deployment Model, Transmission Type, Indication, End User, Deployment Type

        Australia Remote Patient Monitoring (RPM) Market Report Segmentation

        8 segment dimensions are covered across the global market.

        By Component

        • Devices
        • Services
        • Software

        By Function

        • Blood Glucose Monitoring
        • Blood Glucose Monitoring Devices
        • Cardiac Monitoring
        • Cardiac Monitoring Devices
        • Fetal & Neonatal Monitoring
        • Fetal & Neonatal Monitoring Devices
        • Multiparameter Monitoring
        • Multiparameter Monitoring Devices
        • Neurological Monitoring
        • Neurological Monitoring Devices
        • Other Monitoring Devices
        • Pulse Oximeter Devices
        • Pulse Oximeters
        • Respiratory Monitoring
        • Respiratory Monitoring Devices
        • Thermometers
        • Weight Monitoring
        • Weight Monitoring Devices

        By Type

        • Ambulatory Surgical Centers, Ambulatory Care Centers, And Other Outpatient Settings
        • Ascs, Accs, And Other Outpatient Settings
        • Handheld & Portable Devices
        • Home Healthcare
        • Hospitals
        • Implantable Devices
        • Long-Term Care & Assisted Living Facilities
        • Other Devices
        • Other Healthcare Providers
        • Wearable Devices

        By Deployment Model

        • Cloud-Based Models
        • On-Premise Models

        By Transmission Type

        • Asynchronous
        • Synchronous

        By Indication

        • Cardiology
        • Diabetes
        • Mental Health
        • Neurology
        • Oncology
        • Other Indications
        • Respiratory Disorders
        • Sleep Disorders
        • Wellness Improvement

        By End User

        • Healthcare Payers
        • Healthcare Providers
        • Medtech Companies
        • Other End Users
        • Patients
        • Pharmaceutical & Biotechnology Companies

        By Deployment Type

        • Cloud-Based Models
        • On-Premise Models

        Target Audience

        • Healthcare Providers & Hospital Networks : Australian hospitals and healthcare networks need market intelligence to evaluate RPM investments, benchmark against peers, and understand reimbursement pathways for neurological monitoring services.
        • Medical Device & Software Companies : RPM technology vendors require Australia-specific market data to assess market opportunity, identify customer segments, and develop localized go-to-market strategies for neurological monitoring solutions.
        • Private Health Insurers : Australian health funds need insights into RPM adoption trends and cost-benefit analyses to make informed coverage decisions and develop innovative neurological monitoring benefit packages.
        • Government & Health Policy Makers : Australian health authorities and policymakers require market forecasts and adoption data to inform digital health strategy, funding allocation, and telehealth policy development for neurological care.
        • Investment & Venture Capital Firms : Investors targeting the Australian healthcare technology sector need comprehensive market sizing and growth projections to identify promising RPM companies and evaluate investment opportunities.

        Key Companies in the Australia Remote Patient Monitoring (RPM) Market

        CompanyHQOwnershipStrongest segments
        KONINKLIJKE PHILIPS N.V.NetherlandsPublic CompanyDiagnosis & Treatment (Imaging and Image Guided Therapy),Connected Care (Monitoring, Enterprise Informatics, Sleep and Respiratory Care),Personal Health,
        MEDTRONICIrelandPublic CompanyCardiovascular Portfolio,Neuroscience Portfolio,Medical Surgical Portfolio (incl. Diabetes and Monitoring),
        GE HEALTHCAREUnited StatesPublic CompanyImaging,Advanced Visualization Solutions (AVS),Patient Care Solutions (PCS),
        ABBOTTUnited StatesPublic CompanyDiagnostic Products,Medical Devices,Nutritional Products,
        ORACLEUnited StatesPublic CompanyCloud Applications (Fusion ERP/EPM/SCM/HCM, NetSuite, CX, Health),Database and Infrastructure Technologies (Oracle DB, MySQL, Autonomous, Middleware, Java),Cloud Infrastructure (Compute, Storage, Networking, AI/ML, Digital Assistant, Blockchain),
        BOSTON SCIENTIFIC CORPORATIONUnited StatesPublic CompanyCardiovascular (structural heart, CRM, LAAC, peripheral interventions),MedSurg – Endoscopy (GI, pancreaticobiliary, infection prevention, single-use scopes),MedSurg – Urology and Pelvic Health,
        NIHON KOHDEN CORPORATIONJapanPublic CompanyPatient monitors and clinical information systems,Physiological measuring equipment (EEG, ECG, EMG, polygraphs),Defibrillators, AEDs, and resuscitation devices,
        SIEMENS HEALTHINEERS AGGermanyPublic CompanyImaging,Diagnostics,Varian (Oncology),
        BAXTERUnited StatesPublic CompanyMedical Products & Therapies (IV solutions, infusion, parenteral nutrition, renal and related therapies),Healthcare Systems & Technologies (smart beds, monitoring, OR integration, surgical equipment, respiratory devices),Pharmaceuticals (generic and specialty injectables, inhaled anesthetics, compounding services),

        KONINKLIJKE PHILIPS N.V.

        Koninklijke Philips N.V. is a Dutch multinational public company founded in 1891 with 64,317 employees, operating across healthcare and technology sectors.

        MEDTRONIC

        Medtronic is a public medical technology company founded in 1949 in Ireland with 95,000 employees, providing medical devices and healthcare solutions.

        GE HEALTHCARE

        GE Healthcare is a public healthcare company established in 2022 in the United States with 54,000 employees, offering medical imaging and healthcare technology.

        ABBOTT

        Abbott is a public healthcare and diagnostics company founded in 1888 in the United States with 115,000 employees.

        ORACLE

        Oracle is a public software and cloud computing company founded in 1977 in the United States with 141,000 employees.

        BOSTON SCIENTIFIC CORPORATION

        Boston Scientific Corporation is a public medical device company founded in 1979 in the United States with 59,000 employees.

        NIHON KOHDEN CORPORATION

        Nihon Kohden Corporation is a Japanese public company founded in 1951 with 6,116 employees, specializing in medical equipment and healthcare technology.

        SIEMENS HEALTHINEERS AG

        Siemens Healthineers AG is a German public healthcare company founded in 1896 with 72,369 employees, providing medical imaging and diagnostic solutions.

        BAXTER

        Baxter is a public healthcare company founded in 1931 in the United States with 37,500 employees, specializing in medical devices and pharmaceuticals.

        Reasons to Buy this Report

        • Market Size & Growth Data : Access precise market valuations for Australia's neurological RPM segment with verified 2026-2031 forecasts, enabling accurate business planning and investment decisions specific to the Australian market.
        • Competitive Landscape Intelligence : Understand Australia-specific market dynamics, key players, and competitive positioning to identify partnership opportunities and market entry strategies tailored to local healthcare providers and insurers.
        • Regulatory & Reimbursement Insights : Gain detailed knowledge of Australian government policies, Medicare reimbursement structures, and telehealth regulations that directly impact RPM adoption and revenue models in the neurological monitoring space.
        • Customer Segmentation Analysis : Identify and prioritize high-value customer segments within Australia including hospitals, aged care facilities, private practices, and health funds to optimize market penetration strategies.
        • Strategic Growth Opportunities : Discover untapped market segments, geographic expansion opportunities in regional Australia, and emerging use cases for neurological RPM that align with local healthcare priorities and patient needs.

        Frequently asked questions

        What is Neurological Monitoring in the RPM market?

        Neurological Monitoring is a Remote Patient Monitoring function that uses connected devices and digital platforms to continuously track neurological conditions such as epilepsy, Parkinson's disease, and stroke recovery in real-time.

        What is the market size of Neurological Monitoring in 2026?

        Neurological Monitoring is estimated at $1,010.8 million in 2026, representing a significant functional segment within the broader Remote Patient Monitoring market.

        What is the projected market size for Neurological Monitoring by 2031?

        Neurological Monitoring is forecast to reach $1,938.2 million by 2031, reflecting a compound annual growth rate of 13.9% over the five-year forecast period.

        What technologies drive Neurological Monitoring growth?

        Neurological Monitoring growth is driven by advances in wearable sensors, artificial intelligence analytics, cloud-based data platforms, and integration with electronic health records systems.

        Which conditions benefit most from Neurological Monitoring?

        Neurological Monitoring is particularly effective for managing epilepsy, Parkinson's disease, multiple sclerosis, stroke recovery, and other chronic neurological conditions requiring continuous oversight.

        RESEARCH METHODOLOGY

        The study involved major activities in estimating the current market size for the remote patient monitoring market.

        Exhaustive secondary research was done to collect information on the remote patient monitoring industry. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Different approaches, such as top-down and bottom-up, were employed to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the remote patient monitoring market.  

        Secondary Research

        In the secondary research process, various secondary sources such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold-standard & silver-standard websites, regulatory bodies, and databases (such as D&B Hoovers, Bloomberg Business, and Factiva) were referred to in order to identify and collect information for the study of the remote patient monitoring market. It was also used to obtain important information about the top players, market classification, and segmentation according to industry trends to the bottom-most level, geographic markets, and key developments related to the market. A database of the key industry leaders was also prepared using secondary research.

        Primary Research

        Extensive primary research was conducted after acquiring basic knowledge about the global remote patient monitoring market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand side (Hospital directors, Hospital Vice Presidents, Department heads, and Critical care specialists ) and supply side (such as C-level and D-level executives, technology experts, product managers, marketing and sales managers, among others) across five major regions—North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. This primary data was collected through questionnaires, e-mails, online surveys, personal interviews, and telephonic interviews.

        BREAKDOWN OF PRIMARY INTERVIEW PARTICIPANTS

        Remote Patient Monitoring Market 
 Size, and Share

        Note 1: Others include sales managers, marketing managers, and product managers.

        Note 2: Tiers of companies are defined on the basis of their total revenues in 2025. Tier 1 = >USD 1 billion, Tier 2 = USD 500 million to USD 1 billion, and Tier 3 = <USD 500 million.

        To know about the assumptions considered for the study, download the pdf brochure

        Market Size Estimation

        Both top-down and bottom-up approaches were used to estimate and validate the total size of the remote patient monitoring market. These methods were also used extensively to estimate the size of various subsegments in the market.

         The research methodology used to estimate the market size includes the following:

        Remote Patient Monitoring Market Top Down and Bottom Up Approach

        Data Triangulation

        After arriving at the overall market size—using the market size estimation processes—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and sub-segment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the remote patient monitoring market.

        Market Definition

        The remote patient monitoring (RPM) market involves the use of technology to remotely monitor and manage patients' health conditions outside of traditional healthcare settings, as well as in patient settings. It leverages devices such as wearables, sensors, and mobile applications to track vital signs and chronic diseases. RPM allows healthcare providers to access real-time data for better decision-making and personalized care.

        Key Stakeholders

        • RPM Equipment and devices Manufacturers
        • Suppliers and Distributors of RPM Equipment
        • RPM software provider
        • Healthcare IT Service Providers
        • Healthcare Insurance Companies/Payers
        • Healthcare Institutions/Providers (Hospitals, Clinics, Medical Groups, Physician Practices, Diagnostic Centers, and Outpatient Clinics)
        • Venture Capitalists
        • Government Bodies/Regulatory Bodies
        • Corporate Entities
        • Accountable Care Organizations
        • RPM Resource Centers
        • Research and Consulting Firms
        • Medical Research Institutes
        • Clinical Departments

        Report Objectives

        • To define, describe, and forecast the global remote patient monitoring market based on component, indication, end user, and region.
        • To provide detailed information regarding the major factors (such as drivers, restraints, opportunities, and challenges) influencing the market growth
        • To strategically analyze micro-markets with respect to individual growth trends, prospects, and contributions to the overall remote patient monitoring market
        • To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders.
        • To strategically analyze the market structure profile of the key players of the remote patient monitoring market and comprehensively analyze their core competencies.
        • To forecast the size of the market segments with respect to five regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
        • To track and analyze competitive developments such as product launches and enhancements, investments, partnerships, collaborations, acquisitions, expansions, funding, grants, agreements, sales contracts, product testing, FDA approval, product approval, and alliances in the remote patient monitoring market during the forecast period.

        Available customizations:

        With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

        • Product Analysis: Product matrix, which gives a detailed comparison of the product portfolios of each company.
        • Geographic Analysis:  Further breakdown of Latin American remote patient monitoring into specific countries, the Middle East, and Africa remote patient monitoring into specific countries, and further breakdown of European remote patient monitoring into specific countries

         

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