Remote Patient Monitoring (RPM) is the use of digital tools to track medical data in real-time outside of traditional healthcare environments. If you’re in the healthcare industry, it’s a technology you can’t afford to ignore. It provides convenience for both patients and providers and could drastically reduce the cost of healthcare. Here’s a look at its latest trends and what the future might hold.
Analysts project double-digit compound annual growth (CAGR) for the global RPM market in 2023 and beyond, with particularly high demand in Asia-Pacific and North American markets. Demand is fueled by the need for devices that track heart rate, glucose levels, blood pressure, and more — all in real-time.
Unfortunately, the pandemic led to numerous doctors and nurses leaving the healthcare profession. This coincided with an explosion in the aging “baby boomer” population with increasing chronic health needs. RPM is stepping up to fill the gap, allowing healthcare workers to monitor more patients even amidst reduced staffing.
The convenience of at-home care for patients of all types is one of the lasting effects of the pandemic. RPM is at the heart of this trend, allowing patients to get frequent, even continuous, healthcare monitoring without the hassle of visiting a doctor’s office.
Telemedicine and RPM technologies are changing the boundaries between skilled nursing facilities and home care. RPM devices can now seamlessly transition from a hospital setting to a nursing home and even to patients’ own homes.
With RPM now a mainstay in healthcare, nurses and other clinical staff are quickly specializing in these new technologies. The career benefits are clear, with the opportunity to learn valuable skills, get online certifications that boost earning potential, and even start home-based consulting businesses focused on RPM.
RPM’s trajectory is clear. In an era defined by chronic health conditions, healthcare staff shortages, and a continued strain on hospital resources, RPM is a critical tool for improved outcomes and lowered costs.
There’s room for further RPM development, especially in the areas of security, interoperability with existing patient records, and addressing disparities in access to quality care. It’s a space to watch for both innovation and investment.
DocToDoor brings cutting-edge RPM technology to its clients. Our research-based platform gives you the confidence to deliver superior care while reducing the strain on your staff and resources. Ready to see how RPM can improve your healthcare organization? Contact us today at +1-954-247-1181.
