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Remote Patient Monitoring Market to rise in Europe over the next few years

 



(Entertainment-NewsWire.com, September 03, 2018 ) People are living longer with good health, however many are also living longer with continual sickness — placing a pressure on healthcare structures and sources. As per the WHO, the number of people aged sixty-five and older is projected to grow from an estimated 524 million in 2010 to nearly 1.5 billion in 2050, with the maximum of the rise in developing nations. Remote tracking of sleep and crucial records for bedridden patients. Gloves with Bluetooth sensors that assist stroke patients with neurological and musculoskeletal injuries regain mobility in their arms. Painless and accurate glucose tracking. Non-stop temperature monitoring devices (such as chest straps) that may be used for babies and young youngsters, post-operative patients, cancer patients, and seniors. Headband and/or earbuds that measure discomfort in the user’s electroencephalography (EEG) system for better pain management. Personalized, AI-based wearable technologies that learn about the user. Think smartwatches that recognize and normalize sleep apnea, a dangerous health condition. Smart glasses that help the blind see what they can’t see and talk them through situations.

Though many new devices are being developed, there is still a challenge to ensure that the devices can aggregate and share data, and communicate reliably and securely.

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Key trends and restrains
Increasing use of smartphones is leading to the rise in the improvement of packages which might be linked to the monitoring device being used. Those mobile packages assist in recording and transmitting patient fitness-related records or data to the healthcare vendors. The intention of the groups in the market is to provide remote patient monitoring devices is to provide higher chronic care management even as keeping the value down. Additionally, the producers are specializing in growing clean-to-use monitoring devices that could assist patients to manipulate situations together with coronary heart illnesses and diabetes better by means of heading off expensive scientific approaches.

But, a number of the barriers going through the remote patient tracking gadgets are there's little or no standardization among gadgets due to the number of companies in the market, some of the monitoring apps are considered equal because the medical devices, as a result, those gadgets want approval from the food and Drug Administration (FDA) to be used in clinical putting. People are concerned about privacy and protection, especially inside the case of health-associated facts. For this reason, the producers are focusing on offering layered facts safety and tool management answer.

Development in generation and communique device is using the trend of telemedicine international. Furthermore, telemedicine technique uses remote patient monitoring device or devices to maintain a take a look at the fitness popularity of patients. Companies are growing tool-kit to reveal various continual diseases. Those device-packages encompass portable and smooth-to-use remote patient tracking devices. Those device-kits are designed to provide real-time tracking, with quicker and actionable remarks. Furthermore, the gadgets also are geared up with sensors that assist in making the manner of tracking easy and handy.

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Demographically
The market is segmented geographically into UK, France, Germany, Spain, Russia and others. The overall market is to witness a growth of CAGR of 13.2% and a forecasted market value of USD 15.27 billion by 2021
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Some key players include Welch Allyn, Bosch, Johnson & Johnson, Intel, Roche, Philips Healthcare, Philips, Healthanywhere Inc, Honeywell, American Telecare, Biotronik, and Covidien Plc.

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