Chief Healthcare Executive December 14, 2021
The surging market reached $23 billion in 2020. It’s expected to grow five times larger by 2025.
The remote patient monitoring market is surging but the explosive growth is just beginning, according to an analyst’s projection.
The global market is expected to reach $117 billion by 2025, up from $23 billion in 2020, according to a report released Monday by MarketsandMarkets. If the forecast is accurate, that would represent a five-fold increase in the remote patient monitoring market by 2025.
Hospitals and healthcare systems have been using remote patient monitoring systems and devices increasingly to treat patients in recent years. Hospitals have used such systems to track patients with conditions such as diabetes or hypertension.
The COVID-19 pandemic has only...
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