GITNUX MARKETDATA REPORT 2024

Remote Patient Monitoring Industry Statistics

The global remote patient monitoring industry is expected to witness significant growth in the coming years, driven by increased adoption of telehealth solutions and advancements in wearable technology.

Statistic 1

"77% of patients say they are willing to use remote patient monitoring technology."

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Statistic 2

"Remote patient monitoring can decrease healthcare costs by up to 25% for patients with chronic conditions."

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Statistic 3

"The North American remote patient monitoring market held the largest revenue share of over 33% in 2020."

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Statistic 4

"Remote monitoring for chronic diseases can improve adherence to treatment regimens by 23%."

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Statistic 5

"The remote patient monitoring market is projected to reach USD 1.7 billion by 2027, growing at a CAGR of 14.9% from 2020 to 2027."

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Statistic 6

"By 2025, experts predict that the remote patient monitoring market will comprise 28% of the overall healthtech market."

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Statistic 7

"Continuous glucose monitors are the most widely used remote patient monitoring devices, accounting for over 36% of the market share."

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Statistic 8

"Remote patient monitoring can reduce emergency room visits by 12%."

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Statistic 9

"The remote patient monitoring market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period."

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Statistic 10

"88% of healthcare providers have invested or are planning to invest in remote patient monitoring solutions."

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Statistic 11

"Cardiovascular disease monitoring equipment constitutes around 24% of the remote patient monitoring market."

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Statistic 12

"The average cost of remote patient monitoring per patient annually is about $1,500."

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Statistic 13

"Remote patient monitoring can reduce hospital readmission rates by 38%."

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Statistic 14

"Remote patient monitoring can help save up to $6 billion annually for the United States healthcare system."

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Statistic 15

"The European remote patient monitoring market is expected to witness significant growth, primarily driven by the rising aging population."

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Statistic 16

"The sensors used in remote patient monitoring systems account for more than 40% of the equipment cost."

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Statistic 17

"The Home Healthcare segment accounts for over 60% of the revenue in the remote patient monitoring market."

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Statistic 18

"Remote patient monitoring utilization in urban areas is about 20% higher than in rural areas."

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Statistic 19

"The global remote patient monitoring market size was valued at USD 745.7 million in 2020."

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Statistic 20

"As of 2020, the adoption of remote patient monitoring has grown by 30% compared to previous years primarily due to the COVID-19 pandemic."

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