Remote Patient Monitoring Technologies and Markets

Publication Date

1-1-2023

Document Type

Article

Publication Title

IEEE Engineering Management Review

Volume

51

Issue

3

DOI

10.1109/EMR.2023.3285688

First Page

59

Last Page

64

Abstract

Remote patient monitoring (RPM) is a rapidly growing healthcare technology that enables healthcare providers to remotely monitor and manage patients' health outside of traditional healthcare settings. This article explores the value of RPM, including its potential to improve patient outcomes and reduce healthcare costs, and provides an overview of the RPM market, including market size, growth trends, and business models. The article also discusses the challenges and opportunities facing the RPM industry, including regulatory and reimbursement issues, privacy and security concerns, and the need for robust evidence of the effectiveness of RPM technologies. The potential for effective RPM has been accelerated as a result of new technologies. We also examine these technologies and their impact on RPM. The article concludes by highlighting the key drivers of RPM adoption and the future outlook for the RPM market, including the impact of COVID-19 and the growth of digital health more broadly. By providing a comprehensive overview of the RPM market and its business model, this article will be of interest to healthcare providers, investors, policymakers, and other stakeholders interested in the growth and development of the RPM industry.

Keywords

Cyber-physical systems, digital health, healthcare innovation, informatics, remote patient monitoring (RPM), RPM business model

Department

Global Innovation and Leadership

Link to Full Text

Share

COinS