The global remote patient monitoring system market size was valued at USD 4.4 billion in 2022 and is expected to register a compound annual growth rate (CAGR) of 18.5% over the forecast period. COVID-19 has caused a significant impact on the industry. The remote monitoring systems serve with improved chronic disease management including early warning signs and progress tracker, thus boosting its demand at a global level. Chronic conditions account for 90% of the healthcare costs in the U.S. annually. This can be prevented by timely assistance provided to patients using a remote monitoring system.
The Respiri/Access collaboration has secured numerous RPM clients and also identified and progressed a number of immediate term significant potential payer contracts where Access have used wheezo® as a differentiated respiratory RPM device, expanded their offering to provide a full RPM service across all major disease states including cardiovascular, diabetes and obesity using other freely available medical devices.
”…..and progressed a number of IMMEDIATE TERM SIGNIFICANT POTENTIAL PAYER CONTRACTS…”
Great acquisition - an amazing opportunity to grow on so many levels!!
”Immediate Term” - two or three months???
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