How is Growing Need for Remote Patient Monitoring Driving Digital Health Market?

 While the healthcare industry is among the most prominent and important industries, its resources are still limited. The patient pool on the other hand is increasing rapidly on account of growing geriatric population, rising prevalence of diseases, and increasing population across the globe. The availability of healthcare professionals for catering to this vast patient pool is insufficient. This problem can be solved to some extent by remote patient monitoring. Other than allowing healthcare professionals to give more time to critical patients, remote patient monitoring also provides patients with higher-quality care, especially when it comes to aged and disabled people, reduced healthcare expenses.

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Major end users of digital health technologies are individuals, hospitals, and clinics. Among all these, hospitals have been the largest users of digital health solutions in the past, which can be ascribed to the increasing adoption of these technologies in several hospitals for offering efficient care to the surging patient base around the globe. Other than this, the demand for these services is also expected to increase from individuals in the near future, owing to the rising penetration of solutions that are based on information technology among the people.

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Geographically, North America emerged as the largest digital health market in the past, which is majorly attributed to the rising government support for enhancing healthcare delivery systems, increasing geriatric population, and surging awareness regarding several digital health technologies through conferences and workshops, particularly in the U.S. In addition to this, different territories and provinces in Canada are actively engaged in developing their own electronic information systems, which is being supported by the Canada health Infoway, a non-profit organization aiming at driving the adoption of digital health solutions. 

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