Quick Summary:
In today's globalized and digitized environment, Remote Patient Monitoring (RPM) has become a cornerstone in innovative healthcare delivery, offering practical solutions for an array of chronic conditions including diabetes, hypertension, and epilepsy. As the borderless world of telehealth continues to expand, advancements in RPM technology such as enhanced connectivity, device interoperability, and the advent of versatile gadgets capable of capturing multiple biometrics, have begun reshaping the perception and adoption of such systems within the patient and clinical community.
Our comprehensive market research report uncovers the profound growth experienced by the RPM sector and offers a pragmatic view of its future trajectory. The analysis examines pivotal relationships with contemporaneous developments such as digital medical records (EMRs) and virtual medical consultation. Subsequently, the report outlines the most promising areas of growth, including artificial intelligence, system interoperability, and transitional as well as home care. Armed with our insightful report, you can navigate the emerging landscapes of the RPM market with confidence and foresight.
Interoperability and AI Development will Ensure Future Growth Potential
Remote patient monitoring is a vital part of patient care, particularly in the treatment of chronic medical conditions, such as diabetes, hypertension, and epilepsy. Technological advances in the RPM space are significant. More reliable connectivity, device interoperability, and smaller, more accurate devices that measure multiple biometrics have made RPM more attractive to patients and clinicians alike. Following the COVID-19 pandemic, the uptake of clinical technologies, such as EMR and virtual care, has intensified and pushed funders to develop fee codes and policies to pay for remote monitoring services. This rapid and unexpected growth has changed the outlook of the remote patient monitoring market.
This research service explores these changes, calculates the current size of the market, and offers predictions about remote patient monitoring over the next 5 years. Artificial intelligence, interoperability, and transitional/home care are the three areas that represent significant growth opportunities.
