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Everything We Need to Know about Remote Patient Monitoring!

RPM often leverages devices like various wearables and trackers to collect specific data on the patient’s health.

Remote Patient MonitoringReframing the lifestyle of the majority of people globally, the onset of the pandemic has changed the way we perceive healthcare and its services.

As the world is conforming according to the rapid pace of technology happening in every sphere of our lives, a rapid impact of digitization has been seen in healthcare’s digital transformation, largely accelerated by COVID-19.

Since a shortage of top healthcare facilities become a major handicap for almost every country during the pandemic period, the healthcare industry saw the need for a technological alternative. This is where the concept of telehealth and telemedicine escalated with the integration of new technologies and devices to take the bull by the horns.

If you want to know more details about telemedicine, you can check out my previous article on “Telemedicine—Need of the Hour”.

As the trend of adopting virtual healthcare services increased significantly in the last few years, a new technology surfaced in the field of healthcare that soared during the COVID-19 era.

Remote Patient Monitoring (RPM) Technology came up as a new healthcare delivery method that leveraged innovations in information technology to allow the streamlined collection of patient data surpassing the traditional healthcare setting.

According to the statistics, Remote Patient Monitoring Technology was a concept that was foreign to the majority of people before 2020 but is now slowly gaining a foothold among providers as they have started adopting this service and often prescribe it to their patients.

Nonetheless, before discussing some of the core benefits of RPM in detail, let’s check out what is Remote Patient Monitoring Technology and how is it affects virtual healthcare services as a whole.

What is Remote Patient Monitoring Technology?

Remote MonitoringSetting a new era of providing constant monitoring of needed individuals, Remote Patient Monitoring Technology is referred to as a telehealth service that allows physicians and healthcare providers to collect health-based data about their patients while using mobile devices.

RPM often leverages devices like various wearables and trackers to collect specific data on the patient’s health.

After which the recorded data is then sent to the concerned doctor with the help of an application using the cloud. Doctors can therefore view and save the important bits of data from tracking and generating insight into the patient’s health database later.

According to the recent reports published, Remote Patient Monitoring Technology Market is forecasted to reach USD 11 7.1 billion by 2025 at a CAGR of 38.2%.

Thus, showing the enormous potential a remote patient monitoring system might hold in the next few years.

Telehealth Vs. RPM

Remote Patient Monitoring TechnologyDistinguishing the line between telehealth and Remote Patient Monitoring Technology clearly, RPM is a subset of telehealth.

And is relatively not a part of telemedicine, which is an entirely different subset of telehealth.

In simple terms, Remote Patient Monitoring Technology uses specific technology to facilitate a clear-cut interaction between clinicians and patients at home whereas telehealth comes under a broader set of definitions that refers to the industry, methodology and even technologies that enable that type of healthcare.

If RPM is considered a telehealth delivery system, then telehealth may consist of Remote Patient Monitoring Technology but it may also be used to refer to plenty of other things, too.

RPM Market Trends in 2022

Despite being a new fledgling in the field of telehealth, Remote Patient Monitoring Market is especially soaring in US healthcare and is expected to reach 70.6 million US patients or around 26.2% of the population that will use RPM tools by 2025.

Currently, the providers integrating RPM-enabled home health monitoring systems in their providing services are already witnessing reduced hospital readmission penalties.

Especially popular among senior patients, Remote Patient Monitoring Technology is gaining positive ROI largely due to the cohort’s high incidence of multiple chronic diseases.

Another biggest trend emerging in RPM technology is the miniaturization of these RPM tools.

As the technology is advancing at lightning speed, many device makers are now focusing their research on making their solutions smaller and less invasive with new partnerships to expand their market share.

Perks of RPM 

Compiling some of the core benefits of Remote Patient Monitoring Technology that could elevate the stress of chronic disease patients while staying at home includes,

  • Contactless Healthcare Services
  • Better Transparency
  • Accurate and Detailed Health Data Anywhere and Anytime
  • Faster Services to Reduce Hassles

Top Companies Providing RPM Tools and Services

Listing some of the top Remote Patient Monitoring Technology-based companies are as follows.

MedtronicMedtronic- Medtronic offers RPM solutions as it enables its users to monitor patients easily using smartphones and helps patients with complications like respiratory illness and even COVID-19.

Its RPM Solution can track its reports through health checks, and Medtronic Care Management Services.

Phillips HealthcarePhillips Healthcare- Phillips offers dedicated Remote Patient Monitoring. It offers the care teams tools to track and record the health of the patients at home and help detect problems by discussing with the concerned doctor before the final decision for admission.

ResMedResMed- ResMed is considered one of the global leaders in remote patient monitoring. The platform can easily collect patient data to improve outcomes and reduce health care costs.

WithingsWithings- The Company provides a data-centric dashboard to monitor patient health parameters utilizing accurate patient-centric data.

Withings dashboard gives all the information we want regarding patient health by monitoring their conditions.

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Aishwarya Saxena

A book geek, with creative mind, an electronics degree, and zealous for writing.Creativity is the one thing in her opinion which drove her to enter into editing field. Allured towards south Indian cuisine and culture, love to discover new cultures and their customs. Relishes in discovering new music genres.

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