Remote patient monitoring has been in the market for less than a decade, having made traction in treating chronic ailments such as diabetes and heart disease. Recently, this IoT solution has seen an increase in use due in part to changes attributed to an aging population, an increase in chronic disease and a desire for in-home healthcare. As this technology becomes more lucrative to providers, the adoption will become more widespread.
A shift from chronic to acute treatment through remote patient monitoring may be anticipated as providers search for ways of treating COVID-19 patients while reducing risk of exposure. Between better patient outcomes and increased healthcare revenue, this technology is expected to gain a strong foothold in the Connected Health industry.