Remote Patient Monitoring System Market Report, 2027
The rising geriatric population and the growing need to expand healthcare access, cost benefits of telehealth and remote patient monitoring, benefits of RPM to reduce the burden on medical resources, advancements in telecommunications, growing incidences of chronic diseases, and increasing investments in telehealth and RPM are the major factors driving the growth of the remote patient monitoring market . According to the new market research report the remote patient monitoring market is projected to reach 175.2 Billion by 2027 from USD 53.6 Billion in 2022, at a CAGR of 26.7% Based on the product , the RPM Market is segmented into software & services and devices. The software and services segment accounted for the largest share of the global market in 2019. The large share of this segment is mainly due to the increasing reimbursement for RPM programs and the rising number of chronic illnesses, thus leading to the growing adoption of RPM services across the globe. Downlo...