The focus of this report is on clinical-grade remote patient monitoring (RPM). RPM is a digital solution that involves secure transmission of medical data collected on devices, via information and communication technologies, through text, sound, images or other forms needed for the prevention, diagnosis, treatment and follow-up of patients. Health systems in Europe are facing several challenges, including the growing incidence of chronic diseases and an aging population. Healthcare costs are rising as a result. In addition, healthcare personnel are being over-utilized. The chronic disease burden is creating unprecedented stress on primary care because patients are coming in to clinics more often than in the past. There are also issues with patients’ adherence to treatment protocols and medications. Aging populations are adding to the chronic disease burden and also increasing the strain on emergency care centers and assisted living centers. In addition to these two consumer segments, there is a third end-use segment for RPM, called transitional care patients, which encompasses high-risk patients who are shifting from high-dependency settings such as the intensive care unit (ICU) to wards and to homes. These patients need to be monitored continuously, but a low nurse to patient ratio makes it difficult to continuously monitor them. In order to tackle the burden of these three consumer segments, health systems are looking at radically transforming their healthcare service delivery and approaches by using digital tools such as RPM and other forms of telehealth. RPM is an enabler that supports the shifting of the center of care from the hospital to the home. This reduces the pressure on primary and secondary care units. While the benefits of RPM are clear, certain deterrents slow the uptake of these solutions. These are the lack of clear reimbursement policies and a lack of trust about the accuracy and the privacy of data generated remotely. New-age concepts of Internet of things (IoT), artificial intelligence (AI), and Big Data analytics are ushering RPM to new use cases. Companies are focusing on diverse customer segments with basic to robust product offerings that contribute to the RPM value chain. It appears to be the right time for remote patient monitoring companies to explore the potential of this market with diverse digital applications. A mix of business models are being deployed by different vendor types – medical device companies, ICT companies, and pure-play RPM companies. Europe offers a diverse platter of countries based on regulatory and social factors. It is important to understand regional nuances and evaluate the readiness to deploy RPM across the region. Further, in the long run, with health systems moving towards value-based care and embracing emerging concepts such as population health management, care coordination, and patient engagement, RPM is going to play a very important role in a data-driven environment that supports value-based reimbursement.
RPM is and will increasingly become a mainstream healthcare delivery mechanism. It will be essential as health systems in Europe move towards value-based care approaches.
Author: Chandni Mathur
Key Findings
Key Findings (continued)
Scope and Segmentation
Key Questions this Study will Answer
Market Engineering Measurements
CEO’s Perspective
Key Companies to Watch
The Last Word—3 Big Predictions
Five Growth Opportunities Critical for Future Strategy
Likely Market Directions—The Analyst Perspective
Key Definitions
Key Definitions and Market Segmentation
Use Cases for RPM
Evolving Role of RPM—Today and Tomorrow
Evolving Role of RPM—Today and Tomorrow (continued)
Penetration of RPM Across Key Segments
Key Objectives of Providers Deploying RPM Solutions
Typical RPM Setup—Key Components and Information Flow
Information Flow in a Typical RPM Setup
RPM will Interface with a Variety of IT Solutions
RPM is a Key Component of Upcoming Healthcare Concepts
Care Coordination—The Practical Component of RPM
RPM Has Applications Across Healthcare Stakeholders—The Why’s and the How’s
RPM Has Applications Across Healthcare Stakeholders—Examples and Case Studies from Europe
Telehealth Matrix—Telehealth Markets and Remote Monitoring
Salient Features of GDPR
How Does GDPR Impact Remote Patient Monitoring?
Forces Driving Increased Adoption of RPM
Market Drivers
Market Drivers Explained
Market Drivers Explained (continued)
Market Restraints
Market Restraints Explained
Market Restraints Explained (continued)
Market Impact of Top 10 Trends
American Well’s Partnership with Medtronic
Market Engineering Measurements
Forecast Assumptions and Definitions
Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Forecast by Country
Revenue Forecast by Country
Market Share by Country—2018 and 2023
Revenue Forecast Discussion by Country
Discussion
Target Solutions at a Glance—Europe
Competitive Structure
Competitive Structure (continued)
Competitive Structure (continued)
Companies to Watch
UK—Market Analysis
UK—Revenue Forecast
UK—Revenue Forecast Discussion
Germany—Market Analysis
Germany—Revenue Forecast
Germany—Revenue Forecast Discussion
France—Market Analysis
France—Revenue Forecast
France—Revenue Forecast Discussion
Spain—Market Analysis
Spain—Revenue Forecast
Spain—Revenue Forecast Discussion
Italy—Market Analysis
Italy—Revenue Forecast
Italy—Revenue Forecast Discussion
Benelux—Market Analysis
Benelux—Revenue Forecast
Benelux—Revenue Forecast Discussion
Scandinavia—Market Analysis
Scandinavia—Revenue Forecast
Scandinavia—Revenue Forecast Discussion
Five Growth Opportunities Critical for Future Strategy
Growth Opportunity 1—Population Health Management
Growth Opportunity 2—Digital Therapeutics
Growth Opportunity 3—Telemedicine
Growth Opportunity 4—Estonia: “Extreme Digital Living”
Growth Opportunity 5—Artificial Intelligence
Strategic Imperatives for Success and Growth
Future Perspectives
The Last Word—3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
List of Exhibits
List of Exhibits (continued)
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| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Chandni Mathur |
| Industries | Healthcare |
| WIP Number | ME61-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9564-B1,9575-B1,9600-B1,9612-B1,99BC-B1,9B07-C1 |
Remote Patient Monitoring Market in Europe, Forecast to 2023
RPM is Set to Grow at a Good Pace and Act as a Key Enabler for Outcomes-based Medicine
14-May-2019
North America
Market Research






