logo
logo
Sign in

RPM to transform Healthcare Services

avatar
venkat k
RPM to transform Healthcare Services

New-age theories such as the Internet of Medical Things (IoMT), Artificial Intelligence (AI), and Big Data analytics are starting up new cases for remote patient monitoring (RPM). In recent years, investment entrepreneurs have more invested in start-ups with competencies in these sectors, especially on lower-cost monitors and sensors. With this expansion, RPM will soon shift the center of care from the hospital to the place and become a mainstream medical service, rising to $1.15 billion in 2023.

Industry Analysts says “AI technology is poised to become more visible across the healthcare process and clinical workflows. There will be significant opportunities in the virtual assistant space and other data-driven AI applications.” Analysts also say “Businesspeople are also choosing the bring-your-own-device model (BYOD), giving users the versatility of using their own hardware. Data-driven technologies such as predictive analytics and data visualization are also getting force.”

Also Read: The Future of Healthcare Sector Will be Around Artificial Intelligence

Recent analysis, Remote Patient Monitoring Market in Europe, analyses in-home or mobile patient conditions RPM. It considers the country/regional biases that will influence the uptake of RPM solutions as well as the market sections most likely to adopt this technology. It also knows the growth possibilities and future prospects for vendors to view while devising their strategies for the European markets.

Some Analyst says “Europe is an enthusiastic adopter of RPM solutions, with the highest growth expected from the United Kingdom, Germany, the Netherlands, and Sweden.” They also mentioned that “Furthermore, the next spate of supervisory support across Europe for consumer-grade wearables to control important signs, will prove a huge growth driver over the next five years.”

Also Read: 5 Powerful Artificial Intelligence In Healthcare Use Cases

For greater growth possibilities, market businesspeople need to:

  • Partner with health systems in different European countries to use RPM solutions for data collection and, eventually, specific risk delamination.
  • Integrate monitoring data from different medical-grade data collection tools into a single platform.
  • Collaborate with telemedicine providers to offer a holistic service.
  • Offer a continuous RPM system coupled with predictive AI that provides actionable insights when required and reduces manual intervention.

Remote Patient Monitoring Market in Europe, Forecast to 2023 is part of the global Digital Health Growth Service program.

Also Read: 10 Startups That Modernize The Healthcare Sector With AI

collect
0
avatar
venkat k
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more