Saturday, August 17, 2019
News
NEWS HOME
»
PRN INDIA
Remote Patient Monitoring to Radically Transform Healthcare Services Using IoT and Big Data
  SocialTwist Tell-a-Friend  
   

Data-based solutions like predictive technologies to aid in the provision of a holistic service, finds Frost & Sullivan

LONDON, July 15, 2019 /PRNewswire/ -- New-age concepts such as the Internet of Medical Things (IoMT), Artificial Intelligence (AI), and Big Data analytics are opening up new cases for remote patient monitoring (RPM). In recent years, venture capitalists have increasingly invested in start-ups with competencies in these areas, especially integrated and lower-cost monitors and sensors. With this development, RPM will soon shift the centre of care from the hospital to the home and become a mainstream medical service, growing to $1.15 billion in 2023 at a strong CAGR.

"AI technology is poised to become more visible across the healthcare process and clinical workflows. There will be significant opportunities in the virtual assistant space and other data-driven AI applications," said Chandni Mathur,  Industry Analyst at Frost & Sullivan. "Vendors are also choosing the bring-your-own-device model (BYOD), giving users the flexibility of using their own hardware. Data-driven technologies such as predictive analytics and data visualization are also gaining momentum."

Frost & Sullivan's recent analysis, Remote Patient Monitoring Market in Europe, Forecast to 2023, analyses in-home or mobile patient environment RPM. It examines the country/regional trends that will influence the uptake of RPM solutions as well as the market segments most likely to adopt this technology. It also identifies the growth opportunities and future perspectives for vendors to consider while devising their strategies for the European markets.

For further information on this analysis, please visit: http://frost.ly/3l2

"Europe is an enthusiastic adopter of RPM solutions, with the highest growth expected from the United Kingdom, Germany, the Netherlands, and Sweden," noted Mathur. "Furthermore, the imminent spate of regulatory approvals across Europe for consumer-grade wearables to monitor vital signs will prove a huge growth driver over the next five years."

For greater growth opportunities, market vendors need to:

  • Partner with health systems in different European countries to deploy RPM solutions for data gathering and, eventually, precise risk stratification.
  • Integrate monitoring data from disparate medical-grade wearables/data collection tools into a single platform.
  • Collaborate with telemedicine providers to offer a holistic service.
  • Offer a continuous RPM system coupled with predictive AI that provides actionable insights when required and reduces manual intervention.

Remote Patient Monitoring Market in Europe, Forecast to 2023  is part of Frost & Sullivan's global Digital Health Growth Partnership Service program.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Remote Patient Monitoring Market in Europe, Forecast to 2023
ME61-48

Contact:
Jaylon Brinkley
T: +1 210 247 2481348 10 12
E: Jaylon.Brinkley@frost.com

http://ww2.frost.com

More News by PR Newswire India

Global market of dietary supplement is welcoming a rising star GLYMATE

Artprice by Art Market: Latest Auction Records in Photography

Sungrow Supplies Argentina's Largest Solar Plant with 1500Vdc Central Inverter Solutions

Over 120 Exhibitors From 10 Countries to Participate in Food & Hotel India 2019

SOTC Launches Holidays to Western Australia

Sonata Software Limited Announces Partnership With Agastya International Foundation to Support Creativity and Innovative Thinking in Rural Schools

Garuda Mall Presents Bengaluru's Biggest Doll and Book Festival August 2019

IIHM Initiative for 'Freedom From Hunger' on Independence Day

Xinhua Silk Road: Tasly remains China's 2019 National Tech Innovation Demonstration Enterprise

The Garment Manufacturers Association in Cambodia (GMAC) urges the EU to maintain the EBA program - The livelihood of 750,000 workers and the welfare of some 3 million Cambodians at stake

Venus Concept Announces Financial Results for the Second Quarter and First Six Months of 2019 and FDA 510(k) Clearance of Venus Bliss™

HHL Leipzig Graduate School of Management Confers Honorary Doctorate to Federal Chancellor Angela Merkel

IHG® Hotels & Resorts Serves Up One-of-a-Kind Experiences at 2019 US Open

Earlier Is Better ... New, Patented At-Home Blood Pregnancy Test, Available Exclusively From TAEUS, Offers Human Pregnancy Confirmation Within Days, Rather Than Weeks

Frost & Sullivan Recognizes Proofpoint as the Global Email Security Market Leader for Fifth Consecutive Year

IBC2019: TVU Networks Announces Advances in AI, 4K60fps and HDR Transmission, and Remote Production

Rain Carbon Begins Commissioning Process at New Hydrogenated Hydrocarbon Resins Facility in Germany

AntWorks and Everest Group Unveil Intelligent Document Processing Playbook

Charkit Chemical Announces Promotion Of Panos Yannopoulos To Executive Vice President, Sales

FDA Approves New Treatment for Highly Drug-Resistant Forms of Tuberculosis

Grammy Winning and Multi-Platinum Recording Artist Ariana Grande Launches Her New Fragrance THANK U, NEXT

Amplitude launches Engage, a behavioral targeting solution for automated campaign personalization

Webb Fontaine Group FZ-LLC Signs a National Single Window Implementation Contract With the Government of Nepal

upGrad Honours the Indian Armed Forces With an Exclusive Lifelong Benefit, This Independence Day

Mishtann Foods Reports 22.1% Increase in Q1FY2020 PAT at INR 3.14 Crore

Gyrfalcon's Cutting-edge Technology for Creating AI Accelerator Chips Commended by Frost & Sullivan

Rolls Royce's Ghost Zenith Collection, the Pinnacle of a Timeless Masterpiece

CleverTap Helps GiftAMeal Increase the Number of Meal Donations by 2x

TĂśV SĂśD South Asia Introduces Promotional Scheme Offering Testing Services With 8- hours Turnaround Time for Textile Manufacturers in Tiruppur

Over 300 Exhibitors & 650 Brands From Gems & Jewellery Industry to Participate in 8th Edition of Delhi Jewellery and Gem Fair ( DJGF ) 2019

9stacks Wins the SuperStartup Asia Award 2019

Mobileum Inc. Acquires WeDo Technologies

true balance and ICICI Lombard Partner to Provide Financial Inclusion to the Next Billion

Ashraya Hastha Trust Partners With Smile Train India to Boost Cleft Care Ecosystem in India

Radio Nasha Celebrates 25 Years of 'Hum Aapke Hain Koun' at Nasha Premiere Nights

Bitfinex Enables Intermediate Verification Level

Small-satellites and Downstream Digital Transformation Accelerate Space Industry Evolution

Uflex Starts Q1 FY2019-20 With a Steady Performance

Vanita Bhandari Takes Over as 50th President of IMC's Ladies' Wing

Jet Midwest, Inc. Acquires a B767-200ER airframe and CF680A-2 engine

42Gears Named as a Visionary in Gartner's Magic Quadrant for Unified Endpoint Management Tools 2019

Richardson Launches Enhanced Service Through Consultative Sales Training Program to Equip Service Professionals with Skills to Deliver Exceptional Customer Experience & Unexpected Value

Chef Clement D'Cruz of Hyatt Joins IIHM Panel of Experts

Voltaiq Applauded by Frost & Sullivan for its Game-changing Battery Analysis Platform, Voltaiq Core, and Innovative Battery Digital Twin Solution

Private and SME Segments Stand Out Globally as Key Targets for Car Leasing Companies

ITC Infotech and 'Automation Anywhere' Pioneer Digital Workforce

Clarivate Analytics launches Cortellis Digital Health Intelligence, a first-of-its-kind solution covering the global digital health ecosystem

Combined Surgical Suction/Irrigation Technology Available Immediately

FDI Applications More Than Doubled in First Half of 2019, Thailand BOI says

Mambu Earns Acclaim from Frost & Sullivan for Accelerating Customers' Time-to-market with its Cloud-based Core Banking Platform

Mukta Arts' Q1 FY20 Consolidated Revenues up 40% y-o-y to INR 47.9 Crore

Prozone Intu's Q1 FY20 Consolidated Revenues up 31.4% to INR 22.3 Crore

Companies Invest Heavily in Employee Health Management IT Solutions to Improve Employees' Well-Being and Corporate Performance

Sofyx & Servify Team Up to Launch Protection Plans for Smartphones in General Trade

OPPO Announces Discounts on F11 Pro and F11 This Independence Day

udChalo Forays Into the Hotel Segment by Partnering With Oyo and Fab Hotels

One Tree Can Save the World - InitiativeTree Launches Its Worldwide Network Tree Planting Program

Global Construction Additives Market Set for Robust CAGR of 6.6% from 2018 to 2025

The Farm at San Benito, Philippines Offers Special Monsoon Packages for Indian Travellers

Saksoft Q1Y20 EBITDA at Rs. 16.17 Crs, a Growth of 40.2% Y-o-Y

UST Global Announces Strategic Partnership With SeaLights Technologies

Pennar Industries Reports 25.8% y-o-y Increase in Q1 FY2020 Consolidated PAT After Minority Interest at INR 16.5 Crore

Global Alliance for the Future of Food Report: 21 Inspiring Examples of a Sustainable Food Future

New Review Suggests Normal Use of Electronic Cigarettes is Unlikely to Raise Significant Health Concerns

Conagen Expands Portfolio Beyond Gamma-Decalactone to 20 new non-GMO Lactones

Concept Medical Inc. Granted 2nd 'Breakthrough Device Designation' From the FDA for Its MagicTouch PTA Sirolimus Coated Balloon, for the Treatment of Peripheral Artery Disease (PAD) in Below-the-Knee (BTK) Indication

Betway Partners With Cricket Legend Kevin Pietersen

Higher Levels of Automation Expand Revenue Potential for Analytical Instrumentation Manufacturers

Xinhua Silk Road: Inaugural Fortune Global Sustainability Forum to be held in SW China's Yuxi in early Sept.

Autonomous Vehicle Developers Bet on Sensor Fusion Solutions and L2+ Features

KSB is First Reactor Coolant Pump Manufacturer to be Certified for Modern Nuclear Power Plants in China

Diabetic Patients Face a High Risk of Viral Hepatitis, Over 300 Million Infected HBV Patients are Unaware of Their Status, Says Dr. Nagaraj.S, Infilife Healthcare Pvt. Ltd.

Embassy Office Parks REIT Announces First Quarter FY 2019-20 Results; Reports Quarterly Distribution of Rs 4,167 Million

The Stars Group Reports Second Quarter 2019 Results; Updates 2019 Full Year Guidance; Appoints New Independent Director

Taiwan Tourism Bureau gets on Track With the Mumbai Metro

New Lagavulin 10 Year Old Single Malt Scotch Whisky: A Rare and Exclusive Treat for Travellers

Amity University Maharashtra Hosts its First Annual Convocation Ceremony in Mumbai

Producer Gaurang Doshi has been Instrumental in the Launch and Success of Many Among 'A' List Bollywood; Plans to Launch Ace Talent yet Again

MEIL's Engineering Marvel Converts Telangana's Dream Into a Reality

Deutsche Messe AG Alliance with Donghao Lansheng Group to Launch New Industrial Fairs in Shenzhen and Chengdu from 2020

Children Learn to Become Global Leaders at the 2019 Eye Level Model United Nations Camp

HONOR Vision Defines the Future with HONOR "Sharp Tech" Innovations

116 Young Talents for the 3rd Zhuhai Mozart Competition in September

CIFF Shanghai 2019 Announces Exciting Lineup of Global Architects, Designers and Brands

Tata CLiQ Launches 'SmartroniQ Sale' From August 9 - 14, After a Successful Campaign on Connected Homes

Mövenpick Hotel Colombo Welcomes Indian Travellers to the Highest Rooftop Bar in Sri Lanka

ZTE and China Mobile empower China's first 5G sporting events with 5G Live TV solutions

Greaves Continues Growth Momentum 9th Quarter in a Row

MLP Care's Strong Growth Continued in the Second Quarter of 2019

KhelPlay Rummy Announces a Rummy Tournament This Independence Day

Leicester City Partners With Xpress Money

Designhill Wins Creative Startup Of The Year 2019 Award

ISG Index™: Strong Managed Services Demand Boosts Asia Pacific Sourcing to New Record

Cision Reports Second Quarter 2019 Results; Provides Updated Full Year 2019 Outlook

Inference Solutions Earns Acclaim from Frost & Sullivan for its Feature-rich and Flexible Intelligent Virtual Agent Platform

Automated Software Testing Solutions to Secure Massive Success for Testing Vendors across Verticals

On August 15, 2019, IIHM Will Advocate #FreedomFromHunger Drive Across All Eight Cities of its Campuses

LONGi reaches record bankability rating in latest Bloomberg NEF results

Perfect World CEO Dr. Robert H. Xiao: Creating cultural products and platforms with global appeal

Indiabulls Ventures Launches Country's First 'Unlimited Trading Subscription Plans' With Indiabulls Shubh

Data Gumbo Commended by Frost & Sullivan for Automating Contract Execution in the Oil and Gas Industry with Its Blockchain-as-a-Service

Kavalan Scoops 'Gold Outstanding' and 4 'Golds' in Tougher IWSC

Avon introduces True 5-in-1 Lash Genius: the mascara that answers social media's most-shared lash wishes

Philips Launches a Smart Five-minute Hair Straightening Brush in the Female Grooming Segment

Surge in Cyberattacks on Smart Buildings Propels Global IT/OT Security Market

Star Air is all set to Connect Belagavi With Mumbai

iPoint Welcomes Dr. Bing Xu as Director of Market Engagement

Emerald Publishing joins Web of Science Group Initiative to Open Up Peer Review

Dolphin Technologies Reduces Traffic Accidents With Digital Currency 'Mobilio'

Ambica Steels Bags Award for Export Excellence by EEPC India Northern Region

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
RPF head constable commits suicide in De...
PM, Shah extend greetings to Parsi commu...
J-K: Section 144 relaxed in Kishtwar for...
Army jawan killed as Pak violates ceasef...
Kapil Mishra, AAP women wing chief Richa...
Rains batter Rajasthan resulting in floo...
More...    
 
 Top Stories
US issues warrant to seize Iranian ... 
Bravo, Campbell part of Windies 'A'... 
Himachal sees heavy rains, rivers i... 
Kids with mild asthma can use inhal... 
When 'Tiger' saved owner from leopa... 
Man commits suicide at Tagore Garde... 
Ponzi scheme: ED seizes Rs 261 Cr a... 
Adi Mahotsav will explore new oppor...