The coronavirus pandemic catalyzed a greater need for technologies that enable clinicians to monitor and treat patients from afar. With the pandemic accelerating adoption of remote patient monitoring (RPM) tech, the future of the space looks bright—but until major challenges like poor connectivity and security are overcome, RPM solutions will struggle to reach their full potential.
THREE KEY QUESTIONS THIS REPORT WILL ANSWER
WHAT’S IN THIS REPORT? In this report, Insider Intelligence examines how top US health systems, payers, and researchers are using RPM solutions to improve patient health outcomes, slash care costs, and transform their operations. First, we unpack how US health systems, payers, and researchers are implementing RPM tools to enable early medical interventions, prevent higher spending on members, and propel clinical research endeavors forward. Next, we explore the opportunities presented by trends such as consumers’ growing interest in virtual care, and then examine how challenges like poor connectivity and data privacy concerns could hold RPM tech back from reaching its full potential.
KEY STAT: Patients and caregivers in the US are becoming more willing to use RPM solutions to manage chronic conditions, which bodes well for future adoption of the tech. In fact, 75% of chronic disease patients and caregivers said they’d be willing to use an RPM tool designed to treat their or their loved one’s condition if it was recommended by their doctor, per a Survata survey of 2,005 US individuals managing chronic conditions conducted from May–June 2020, on behalf of Sony’s Wearable Platform Division.
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