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Use of connected medical devices to remotely monitor patients will accelerate sharply over the next five years, according to a new report from Swedish market research firm Berg Insight.
The number of remotely monitored patients globally will reach 50.2 million by 2021 from 7.1 million in 2016, a compound annual growth rate (CAGR) of 47.9 percent, Berg Insight said. These numbers include all patients enrolled in mHealth care programs in which connected medical devices are used.
While connected devices used for various forms of personal health tracking were not included in the forecast above, Berg Insight wrote, “Using patients’ own mobile devices as health hubs is now becoming a viable alternative for remote patient monitoring. Bring-your-own-device connectivity will be preferred by select patients groups and will be used for the monitoring of 22.9 million patients in 2021.”
Noting that health-related apps and devices “are generating potentially huge amounts of data,” the report said one emerging trend is for providers and patients to share data through third-party clouds that allow “people suffering from diabetes to download their glucose readings to their mobile devices, regardless of the brand of the glucose reading device.”
Berg Insight also called care delivery platforms and mHealth connectivity solutions “two of the most rapidly developing parts of the mHealth technology value chain.”
Care delivery platforms enable 1) remote delivery of healthcare services and 2) coordination of care activities between patients, providers, and other stakeholders such as the patient’s family. The report said care delivery platforms “will be instrumental for engaging patients in their own care and delivering remote monitoring services to a large number of people in a cost efficient way.”
You can read more about the Berg Insight report here.