https://sectorhealthcare.com/remote-patient-monitoring-system-market-expected-to-grow-usd-31-bn-by-2023/
An article pointing to a research report regarding the growth in the market for remote monitoring and by implication, remote patient management.
From the article:
The global remote patient monitoring market was valued at around USD16 billion in 2017 and is expected to cross USD31 billion by 2023, increasing at an annual growth rate of 12% between 2017 and 2023. The increase in the geriatric population and individual spending on the medical treatments have supported the need for remote patient monitoring technology.
...
There is a "however" in this article. As expected with the medical establishment, there are some concerns, slow-downs and possible blockers.
Also from the article:
However, hospitals in few countries are not showing any willingness to adopt these remote monitoring technologies owing to the huge expenditure involved in the setup of infrastructure and equipment, and the shortage of skilled human resources. Patients are advised by few healthcare professionals to implement the technology by themselves to avoid hospital expenses and repeated clinical visits. Strict government regulations and lack of proper reimbursement mechanism are also impeding the growth of global remote patient monitoring market.
Like it or not, governments ... most likely national and regional/state ... will need to be the ones pressing the medical establishments to make changes because governments in so many countries ... and believe or not, including the US because so much health care is paid out of Medicare and Medicaid funds ... are the ones ultimately footing the bill.
Here's a link to the report. https://www.researchcosmos.com/reports/global-remote-patient-monitoring-system-market-professional-survey-report-2018/19032600
I warn you that it's an expensive report. You may work for a company that either can pay for this report or has access to the reporting service.
Also the article (and the report) discuss an area of remote monitoring and remote patient management that I have extensive experience in and that I've discussed in this blog:
Cardiac monitors are the most preferred remote monitoring systems due to the rise in heart-related diseases causing more than 31% of deaths world. Cardiac monitors include heart rate monitor, fetal heart rate monitors, ECG monitor, and blood pressure monitors that are having a huge demand in the global markets. To capitalize on the growing cardiovascular disease conditions, product developers across the world are implementing portable and wireless ECG monitors that easily carried around to anyplace.
An article pointing to a research report regarding the growth in the market for remote monitoring and by implication, remote patient management.
From the article:
The global remote patient monitoring market was valued at around USD16 billion in 2017 and is expected to cross USD31 billion by 2023, increasing at an annual growth rate of 12% between 2017 and 2023. The increase in the geriatric population and individual spending on the medical treatments have supported the need for remote patient monitoring technology.
...
There is a "however" in this article. As expected with the medical establishment, there are some concerns, slow-downs and possible blockers.
Also from the article:
However, hospitals in few countries are not showing any willingness to adopt these remote monitoring technologies owing to the huge expenditure involved in the setup of infrastructure and equipment, and the shortage of skilled human resources. Patients are advised by few healthcare professionals to implement the technology by themselves to avoid hospital expenses and repeated clinical visits. Strict government regulations and lack of proper reimbursement mechanism are also impeding the growth of global remote patient monitoring market.
Like it or not, governments ... most likely national and regional/state ... will need to be the ones pressing the medical establishments to make changes because governments in so many countries ... and believe or not, including the US because so much health care is paid out of Medicare and Medicaid funds ... are the ones ultimately footing the bill.
Here's a link to the report. https://www.researchcosmos.com/reports/global-remote-patient-monitoring-system-market-professional-survey-report-2018/19032600
I warn you that it's an expensive report. You may work for a company that either can pay for this report or has access to the reporting service.
Also the article (and the report) discuss an area of remote monitoring and remote patient management that I have extensive experience in and that I've discussed in this blog:
Cardiac monitors are the most preferred remote monitoring systems due to the rise in heart-related diseases causing more than 31% of deaths world. Cardiac monitors include heart rate monitor, fetal heart rate monitors, ECG monitor, and blood pressure monitors that are having a huge demand in the global markets. To capitalize on the growing cardiovascular disease conditions, product developers across the world are implementing portable and wireless ECG monitors that easily carried around to anyplace.
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