
@ShahidNShah
Stakeholders must assess which services can be provided at the patient’s home to address their physical, behavioural and social needs, effectively. Remote patient monitoring (RPM), which involves using mobile devices to check on patients’ vital signs while at home, as well as in-person or virtual visits from medical professionals, has seen a rise in adoption. The market value of remote patient monitoring devices in 2021 was US$1.45 billion and is now expected to reach US$4.07 billion by 2030 at an 8.74 per cent CAGR. RPM can significantly advance the possibilities of home healthcare. Home care agencies can monitor what is happening in the home with the help of the remote patient management application. This allows them to use their resources more effectively and focus on the patients who genuinely require care on a particular day, but it can also save costs.
Remote patient monitoring (RPM) has gained popularity as an effective means of assessing patients' physical, behavioral, and social needs, which can inform which services can be provided in the patient's home. The market value of RPM devices was US$1.45 billion in 2021, with a projected growth to US$4.07 billion by 2030 at an 8.74% CAGR. RPM can enhance home healthcare possibilities by allowing home care agencies to monitor patient activity through remote patient management applications. This leads to more effective use of resources, the ability to focus on patients who require care on a given day, and cost savings.
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