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.

More articles on health IT:
These tech jobs have the most year-over-year growth
Intel launches online dashboard to monitor cybersecurity trends
'Dealing with the information overload': 3 questions with Dr. Anil Jain of IBM Watson Health

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months