The remote patient monitoring market is poised to soar in the coming years, according to a 2017 Market Data Forecast report that states the global market for RPM solutions will reach $59.26 billion by 2021—nearly doubling the figure from last year alone.
But it is not just patients, or doctors, or payers alone that are driving this surge in adoption. Rather, remote patient monitoring is set to reshape the entire industry, to the benefit of all. In our Benefits of Remote Patient Monitoring series, we’ll explore the many reasons behind the increasing popularity of remote patient monitoring—from the perspective of everyone with a role to play.
Today, we’ll take a look at how RPM systems stand to benefit the most important individual in the healthcare field: the patient.
How Patients Can Benefit from Remote Patient Monitoring
Greater access to practitioners: By empowering them to connect digitally with their healthcare professionals, patients can overcome one of the biggest challenges they face—access to care. Whether you’re located an hour from the nearest doctor or you simply struggle with wait times in a crowded hospital setting, RPM systems alleviate the dilemma. RPM solutions empower patients to look for doctors in any location, leaving them unencumbered by the limitations of regional facilities.
Reduce logistical limitations: Just getting to a doctor’s office can be a difficult process. Taking time off work, or taking your children out of school, can be all but impossible. Then add on the cost of transportation, lab tests and other travel considerations. For those with medical conditions that limit ambulation, this can be even more challenging. Leveraging an RPM system will allow patients to get the care they need from the comfort of their own home, reducing costs and other logistical limitations.
Early detection for improved outcomes: Time is of the essence when it comes to patient outcomes. Remote patient monitoring can improve patient outcomes by allowing for continued monitoring that augments practitioners’ ability to preempt serious issues. This can be useful for diagnoses, as well as making alterations throughout the course of treatment. This can be especially useful for patients making medication changes, as they’ll be able to report any side effects and adjust quickly if need be.
Early detection in this instance can also refer to connected medical devices. If these devices start to act up, early detection capability is once more indispensable.
Enhanced autonomy: Remote patient monitoring allows individuals to take greater control over their own course of treatment. From alerts to remain compliant with prescriptions, to the ability to educate and inform themselves with the data in their RPM system, patients that can stay engaged and active in their own care will have a chance to maximize the results of their program.
Clearly, your patients have a lot to gain if you introduce remote patient monitoring capabilities within your healthcare organization. Be sure to come back next time, when we’ll be discussing the benefits of remote patient monitoring for payers.
You can also learn more about Trapollo and how we can help your organization build your own remote patient monitoring system.