Frost & Sullivan Celebrates World Health Day with Insights on Patient Monitoring, a Market to Reach $350 Billion by 2025

World Health Day is Sunday, April 7th and this year’s theme is “Universal Health Coverage: Everyone, Everywhere - #HealthforAll.” An important aspect of “Health for All” is the role of technology — particularly patient monitoring, which helps patients have better outcomes and live longer, healthier lives – even when access to hospitals and clinics is challenging.
As the world is moving toward universal health coverage, this new Frost & Sullivan report, "Patient Monitoring Industry — Analysis of Investment and Trends, 2018," highlights which are the top five technologies that would disrupt the monitoring industry, and benefit and support the universal health coverage.

“Health systems are looking at early diagnosis and monitoring than therapy, so we will witness a transformation in these two markets by 2020,” noted Sowmya Rajagopalan, Advanced Medical Devices, Global Director.”

It also highlights that technologies, such as embedded sensors, remote patient monitoring, wearables capturing physiologic data, and motion detectors tracking physical activity are on the rise and will help to increase the size of this new age patient monitoring devices market to an estimated $350 billion by 2025.

To discover key findings please access: frost.ly/3c4.

"Today's sensors, wearables and connected devices, or the Internet of Medical Things, focus on chronic disease management and RPM. But beyond this initial use case, a wider variety of sensors tracking individual health, and also their behaviors, can enable healthcare's transition from a reactive care approach to a proactive one,” explained Siddharth Shah, Transformational Health Industry Analyst. “This proactive care approach will enable early diagnoses and interventions, allowing for longer, healthier lives. Ultimately, this will also lead to lowering of healthcare costs - for insurance providers, health systems, and patients."