Remote Patient Monitoring Market


With advancement taking place in health-care technology that facilitates easy monitoring of the health conditions of the patients, Remote Patient Monitoring Market (RPM) has been metamorphosing expeditiously. It is expected to reach across $2,140 million by the end of the year 2022-23.

Overview

Gone are the days when it was all mandatory for the patients to visit hospital or diagnostic center for regular check-up or necessary tests which can help experts assess or analyse the condition and provide necessary medical help. Today, physicians, doctors and other health care experts monitor the patients on a remote basis.

With the concept of IoT (Internet of Things), medical record or data management in cloud fast getting integrated into virtually all of the health-care operations, remote patient monitoring will reach great heights or soon become a sine quo none in effective healthcare management.

RPM Technology Era

There is no doubt in it that RPM Technology has created for itself an enviable position in the global healthcare industry today. Ever since the time, the first hand-held, fixed or portable health monitoring devices, syncing well with the modern day smartphones apps and software,  hit the market, a beginning a new healthcare era noted. This technology has unequivocally makes it much easier for the health care professionals to monitor the health of the patient on a remote-basis. The use of the devices such as blood pressure monitoring, glucose monitoring, heart rate monitoring and various other devices has become all the more common. The data collected is sent to the health care provider for assessment via mobile devices or specialized software. The data makes it much easier for the physicians doctors and other healthcare professionals to predict the conditions, provide necessary medical help, advice, suggestions or recommendations. Or in most of the cases, take the necessary course of action in order to overcome the problems that might crop up and exacerbate the conditions. This has also led to the decrease in number of visits or scheduled appointments too.

RMT – Creating A Direct Impact on Health Ratio

More often, patients use one of the required RM devices and share the results with their physicians or doctors who on careful analysis of the information provide necessary care plan. As monitoring is done on a continuous basis, there has been noted a decrease in mortality rate in a large number of chronic diseases which include but not just limited to chronic respiratory diseases, cardiac diseases, diabetes and various other diseases.

It should be mentioned here that as per the data provided by WHO (World Health Organization), the deaths occurring due to cardiac diseases, respiratory diseases etc were about 80-82% but from the year 2015-2016 there has been noted a constant decreased. The reason of it can be attributed to the use of one of these effective medical devices (presently, the use of such life-saving, health-monitoring devices is more common in well-developed countries such as UK, US, Australia and other countries are fast adopting the use of this technology which would mean there would be more growth in the market for sure).

No doubt, this RM technology has led to decrease in visits to hospitals by the patients, effectively prevents hospitalization (that sometimes becomes essential due to failure in effective monitoring) plays a pivotal in management of the diseases or medical problems the patient is undergoing or has been grappling with, curtails down costs that can come up because of the failure of the monitoring of the disease condition on time or as required.

Check out Market Data Forecast’s comprehensive reports with in-depth analysis about the Remote Patient Monitoring Market free research sample can also be availed. Stay tuned for trending news stories about the latest technologies and interesting Healthcare tit-bits.


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