Remote Patient Monitoring Market Growth By Product and End User - Forecast 2025
According to the new market research report the remote patient monitoring market is projected to reach USD 117.1 billion by 2025 from USD 23.2 billion in 2020, at a CAGR of 38.2% between 2020 and 2025. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=77155492 The rising geriatric population and the growing need to expand healthcare access, cost benefits of telehealth and remote patient monitoring, advancements in telecommunications, benefits of RPM to reduce the burden on medical resources, growing incidences of chronic diseases, and increasing investments in telehealth and RPM are the major factors driving the growth of this market. However, the regulatory variations across regions, healthcare fraud, and informal usage of social media practices is expected to restrain the market growth during the forecast period. Some of the prominent players in the remote patient monitoring market are BioTelemetry Inc. (US), Koninklijke Philips N.V. (Netherla...