Remote patient monitoring (RPM) includes devices that monitor patient health outside the hospital or clinic, such as glucose monitors for patients with diabetes and blood pressure monitors for heart patients. The main benefit of RPM is improved provider decision making because RPM continually collects data that gives providers greater clinical insight in between visits. Other benefits include reduced readmission rates, improved access to care and a way to mitigate staff shortages.
Insider Intelligence estimates that 70.6 million U.S. patients, or 26.2% of the population, will use RPM tools by 2025. According to Research and Markets, the global RPM systems market is projected to be worth over $1.7 billion by 2027, up nearly 128% from its current $745.7 million value.
Remote Patient Monitoring was a healthcare industry trend in our 2022 March Healthcare Classic. Explore this year’s interactive bracket to see the most impactful healthcare trends face off.