Remote patient monitoring (RPM) is an ambulatory healthcare system that uses digital technology to acquire medical and other health data about patients outside healthcare establishments.
The Market report has segmented the market on the basis of device type, application, end-use and geography.
Breakup by Application
Breakup by End-Use
Breakup by Geography
The global Remote Patient Monitoring (RPM) market size was valued at US$ 23.6 Billion in 2021 and is projected to reach US$ 118.5 Billion by 2027
Key Market Trends
Reduction in expenditure
Remote patient monitoring enhances the overall reach and access of healthcare while reducing unnecessary visits to the hospitals for diagnosis, treatment, and admission.
Resistance and Fraud
Many healthcare professionals are resisting the remote patient monitoring system as the dependency of the patients on them will reduce which may affect their professional growth.
The players in the Remote Patient Monitoring Market are implementing various growth strategies to gain a competitive advantage over their competitors in this market.
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