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Showing posts with the label Remote Patient Monitoring and Care Market Analysis

Remote Patient Monitoring and Care Market to Exceed Valuation of USD 25,769.22 million at a 12.5% CAGR by 2030

  Remote Patient Monitoring and Care Market Analysis and Insights The RPM and care approach to healthcare delivery has become increasingly popular in recent years, particularly due to the COVID-19 pandemic, which has led to an increased demand for remote care options. The increasing awareness about RPM and care globally has enhanced the demand for the market. The rising healthcare expenditure for better health services also contributes to the market growth. The major market players focus on various service launches and approvals during this crucial period. In addition, the increase in the improved technological advancement of devices also contributes to the rising demand for RPM and care. The global remote patient monitoring and care market is expected to grow in the forecast year due to the rise in market players and the availability of advanced remote monitoring devices. Along with this, manufacturers are engaged in the developmental activity for launching novel devices and effic...

Remote Patient Monitoring and Care Market Analysis, Technologies, & Forecasts

  Data Bridge Market Research analyses that the Remote Patient Monitoring and Care market growing at a CAGR of 9.26% during the forecast period. Growing demand for self-monitoring and preventive medicine is expected to open up new market opportunities. Market Analysis and Size In recent years, due to the world's rapidly growing population and the prevalence of chronic diseases, there has been a growing need to expand healthcare access infrastructure, as well as the cost benefits of telehealth and remote patient monitoring technology. Chronic diseases account for 90 percent of total healthcare costs in the United States each year, according to the Centers for Disease Control and Prevention (CDC). These costs can be significantly reduced by implementing remote patient monitoring systems, which is expected to propel market growth. Remote patient monitoring and care employs a variety of technologies to collect medical data from a single location and securely transmit it to healthcare p...