About
The Industry
The rapidly growing mHealth Market is currently exploding,
and Remote monitoring devices represent a fast-growing part of the mHealth sector.
Remote Patient Monitoring
Market Snapshot
~8.5 B Total Addressable Market, in the early stages of adoption, with ~13% percent penetration currently
Range of high value in-home technologies that enable aging in place, enhance treatment plan compliance, drive early intervention and increasingly support more effective chronic care management
Historically PERS and direct to consumer (DTC) focused; increasing MCO adoption and technology advances enabling higher value solutions that are driving growth
Total Core Serviceable Market (2020)*
Projected Market Growth*
*(Source LEX Consulting)
Total addressable market penetration
$6.50 / $9.60 (billions)
Beg. Value End Value (Market Size)
2020-2025 PERS Market Forecast