The global health crisis has changed the healthcare structure with remote patient monitoring. Telehealth and remote patient monitoring (RPM) are emerging as winners as health systems go digital and improve care delivery through all patient engagement.
Remote patient monitoring streamlines patient care by enabling healthcare professionals to monitor and record patients’ medical health data. Check out the infographics below to learn more about how remote patient monitoring is used in healthcare.
By implementing RPM technologies, we expect the global remote patient monitoring market to exhibit a CAGR of 16.1% during 2022- 2027
Overview of Remote Patient Monitoring Market
- 20% of large healthcare facilities adopted some sort of RPM solution
- 25% of consumers switched to a new physician to access telehealth
- 88% of healthcare providers started investing in or were evaluating RPM technologies
- 24% of practices have RPM technology comparing other technologies
Top Impacting Factors on Growth of Remote Patient Monitoring System
- Increasing geriatric population and chronic illness
- Reduce the burden on medical resources
- To expand healthcare access
- Technological advancement in healthcare
- Enhance the standard of care
Remote Patient Monitoring Market Opportunities & Trends
- Increasing role of IoT in remote monitoring & healthcare applications
- Paradigm shift toward home-based healthcare devices
- Telemedicine ushering new opportunities in remote monitoring
- Impact of COVID-19 pandemic results in remote monitoring
- Healthcare data has a significant impact on the medical industry
- Wearable technology is driving RPM growth and innovation
- Aging populace that is vulnerable to chronic disease
Key Benefits of Remote Patient Monitoring Systems
- Reduced the risk of hospital readmissions by 76%
- 90% patient satisfaction rate
- Optimize the efficiency of clinical staff
- Faster access to better patient care
- Reduces the risk of disease transmission
- Reduces the healthcare expenses and saves cost
- RMP enables better patient engagement
- 80% reduction in time consumed to deduct clinical events
- Reduces 65% of patients’ visits to hospitals
Market Segmentation on Remote Patient Monitoring System Market
Breakup by Device Type
- Blood Pressure Monitor – 30%
- Glucose Monitor – 20%
- Heart Rate Monitor – 15%
- Pulse Oximeters – 15%
- Respiratory Monitor – 15%
- Others – 5%
Breakup by Application
- Cancer Treatment
- Cardiovascular Diseases Treatment and Monitoring
- Diabetes Treatment
- Sleep Disorder Treatment
- Weight Management and Fitness Monitoring
- Others
Breakup by End-Use
- Hospitals and Clinics
- Homecare Settings
- Ambulatory Care Centers
- Others
Breakup by Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East Africa
Enable the use of RPM to switch from the traditional way of patient care! To know more visit https://www.aurahs.com/
is Aura’s proprietary digital healthcare platform
