The RPM Market
Global Market Size
Findings and Reasons
Findings and Reasons
According to MarketsandMarkets Research, the global remote monitoring market in terms of revenue was estimated to be worth $14.0 billion in 2023 and is poised to reach $41.7 billion by 2028, growing at a CAGR of 20.1% from 2023 to 2028.
The growth of the remote patient monitoring (RPM) market is being driven by the healthcare related cost advantage owed to adoption of RPM. Additionally, there is a growing emphasis on patient-centered care, and RPM empowers patients to actively participate in their health management. This aligns with the trend toward personalized medicine and patient engagement driving the RPM market during this forecast period.
Findings and Reasons
Findings and Reasons
Findings and Reasons
- The remote monitoring systems serve with improved chronic disease management including early warning signs and progress tracker. Chronic conditions account for 90% of the healthcare costs in the U.S. annually.
- Except for the treatment delivery, the monitoring and follow-up process is also important (self-check or RPM).
- Government programs and insurance programs are the main funding sources.
- Regulation reforms bring benefits to several parties such as employees, children, and young adults.
GP-RPM™ Applications
Smart Healthcare
Smart Healthcare
Smart Healthcare
GP-RPM™ has the ability to track vital signs in the long term plan, allowing everyone to manage their health quickly, simply, and conveniently. Potential applications span from smart home healthcare for aging populations to corporate wellness, allowing visualization and quantification of health changes over time for patients.
Collaboration
GP-RPM™ has the ability to track vital signs in the long term plan, allowing everyone to manage their health quickly, simply, and conveniently. Potential applications span from smart home healthcare for aging populations to corporate wellness, allowing visualization and quantification of health changes over time for patients.
Collaborations partners:
- Medical device companies
- Hospitals (FDA Clearance required)
- Clinical Institutes (FDA Clearance required)
- Banking and insurance industries (FDA Clearance required)
Mobile Health
Smart Healthcare
Smart Healthcare
GP-RPM™ offers an all-in-one body vitals monitoring solutions to your clients and can be smoothly integrated into many otherdigital health apps in the markets:
- Period & Ovulation apps
- Sleep Management apps
- Meditation apps
- Dietary & Fitness apps
Collaborations partners:
- Mobile Carriers
- mHealth Application Providers
Sport Science & Wellness
Sport Science & Wellness
Sport Science & Wellness
With the help of facial recognition and monitoring technology, GP-RPM™ can enable an intelligent and safe approach to assist:
- Sport enthusiasts to monitor vital signs during breaks from exercise or rehabilitation activities using workout equipment.
- Health & Wellness practitioners
Collaborations partners:
- Gyms
- Health & Beauty Spas
Telemedicine
Sport Science & Wellness
Sport Science & Wellness
With ongoing and non-contact tracking of personal stress levels and vital signs, GP-RPM™ provides critical information to make remote medical treatments possible for those in need, enabling physicians to obtain patients' physiological information in real time.
- Enhance telemedicine efficiency
- Reduce wearable device costs
Collaborations partne
With ongoing and non-contact tracking of personal stress levels and vital signs, GP-RPM™ provides critical information to make remote medical treatments possible for those in need, enabling physicians to obtain patients' physiological information in real time.
- Enhance telemedicine efficiency
- Reduce wearable device costs
Collaborations partners:
- Telemedicine Platforms
- Telehealth Service Providers
- Hospitals (FDA Clearance required)
- Clinical Institutes (FDA Clearance required)