02-Sep-2022 | Zion Market Research
The global remote patient monitoring devices market size was worth around USD 1192 million in 2021 and is predicted to grow to around USD 2114 million by 2028 with a compound annual growth rate (CAGR) of roughly 7.45% between 2022 and 2028.
Remote patient monitoring (RPM) devices help healthcare professionals in tracking, reporting, and analyzing chronic or acute conditions of their patients while they are not present at the healthcare facility and could be located in remote places like their homes. RPM devices are gaining popularity because they allow medical personnel to track patients’ health in real-time resulting in proactive measures being undertaken in case the patient's health device sends signals of abnormalities.
It also helps the patient by making them responsible and more aware of their health conditions while also letting them have more control over their response to body functions. It has been observed that when a patient is in touch with their medical conditions, they are more likely to witness better results in the long run. Even though there are many types and forms of remote patient monitoring devices each suitable for the condition they are tracking, there are 4 most common types of technologically-driven systems.
The global remote patient monitoring devices market is segmented as follows:
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