The global medical industry experienced an 8% decline in the number of remote patient monitoring-related patent applications in Q2 2024 compared with the previous quarter. The total number of remote patient monitoring-related grants dropped by 7% in Q2 2024, according to GlobalData’s Patent Analytics. GlobalData’s databook Medical Devices: Patents Trends Q2 2024 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years. Buy the databook here.
Notably, the number of remote patient monitoring-related patent applications in the medical industry was 3,126 in Q2 2024, versus 3,412 in the prior quarter.
The top five companies accounted for 11% of patenting activity
Analysis of patenting activity by companies shows that Johnson & Johnson filed the most remote patient monitoring patents within the medical industry in Q2 2024. The company filed 73 remote patient monitoring-related patents in the quarter, compared with 93 in the previous quarter. It was followed by Koninklijke Philips with 72 remote patient monitoring patent filings, Abbott Laboratories (67 filings), and DexCom (63 filings) in Q2 2024.
Patenting activity was driven by the US with a 26% share of total patent filings
The largest share of remote patient monitoring related patent filings in the medical industry in Q2 2024 was in the US with 26%, followed by China (25%) and Japan (6%). The share represented by the US was 5% lower than the 31% share it accounted for in Q1 2024.
For further understanding of GlobalData's Medical Devices: Patents Trends Q2 2024, buy the databook here.
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