Nearly 100 million wearable remote patient monitoring (RPM) devices will ship over the next five years, according to ABI Research, boosted by growing awareness of the benefits of supporting health care away from the hospital and into patients’ homes.
A key component of the trend is the ability to collect data from a variety of vendor devices and share it securely with various parties including patients, health care providers and payers, according to the report, “The Remote Patient Management Revolution: Wearable Devices and Open Management Platforms.”
RPM offers the promise of greater care and flexibility for patients while bringing efficiency and cost savings to health care service providers, ABI says. But adoption has been slowed by factors such as device availability and device and service regulation.
“Data has traditionally resided in silos belonging to specific applications delivered primarily by device vendors themselves,” Jonathan Collins, principal analyst at ABI Research, said in a statement. New cloud platforms capable of collecting data from different vendor devices and sharing the information among interested parties will drive adoption and bring more connected devices to market, Collins said.
Consumers are playing a role in the adoption of RPM, ABI says. Already aware of activity tracking with wearable wireless devices, some patients are looking for the same functionality from medical devices, the firm says.
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