7.1M patients use remote monitoring devices, says Berg Insight report

Across the globe, the number of remotely monitored patients is expected to grow at a compound annual growth rate of 47.9 percent, according to a Berg Insight report.

For the report, titled mHealth and Home Monitoring, Berg Insight conducted a market analysis and interviewed 40 executives.

Here are five things to know.

  • In 2016, the number of remotely monitored patients hit 7.1 million, representing a worldwide increase of 44 percent.
  • The number of remotely monitored patients is expected to grow at a CAGR of 47.9 percent, reaching 50.2 million by 2021.
  • The majority (67.5 percent) of the remote patient monitoring revenue was attributed to connected medical devices in 2016.
  • Patients are increasingly feeling drawn to bring-your-own-device connectivity, preferring to use their own mobile devices. In 2021, 22.9 million patients are expected to use BYOD connectivity.
  • Berg Insight forecasts that the fastest-growing market segments will be glucose monitoring, air flow monitoring and connected pharmaceuticals over the next five years.

Click here to view more of the report's findings.

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