With COVID-19 rapidly speeding up the digitization of our daily establishments it was no surprise when the healthcare industry was rapidly transformed in the course of 2 years. Technology that cuts down administration time, smart cleaning services for hospitals and proactive healthcare procedures are just some of the things that have taken the medical field by storm.
Key facts
The most widely implemented technology however is remote patient monitoring and its slew of benefits are being seen well after the pandemic. Patients and healthcare workers love it so much that it will be sticking around for a while and is permanently integrated into our care systems. According to Research and Markets, the Global RPM systems market is projected to be worth over $1.7 billion by 2027, up nearly 128% from the opportunity the market currently represents.
Examples of remote health monitoring devices include continuous glucose monitors that remind diabetes patients to take their insulin, digital vitals monitors enable patients to remotely send physicians their blood pressure, blood oxygen levels and heart rate. Fall devices can repotly track physically unable patients with their own homes and alert caregivers and first responder of a fall to prevent parents from being stuck, possibly injured in a vulnerable prone position.
How does a remote patient monitoring system work?
RPM services do not require interactive audio-video and virtual visits, nor must patients be located in rural areas. They simply use technology that collects physiologic data and is able to interpret it or send it to a secondary provider to interpret themselves. RPM systems hold huge potential for generating savings by preventing more severe and costly health outcomes and playing a huge role in proactive healthcare solutions.
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. And the global RPM systems market is projected to be worth over $1.7 billion by 2027, up nearly 128% from the $745.7 million opportunity the market currently represents, according to Research and Markets.
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RPM market trends & statistics
According to hospital surveys 70.6 million US patients, or 26.2% of the population, will use RPM tools by 2025.
A trend of RPM is known to reduce the burden on medical resources, advancements in telecommunications, growing incidences of chronic diseases, and increasing investments in telehealth and RPM. These are the major factors navigating the growth of this market. Also he rising geriatric population and the growing need to expand healthcare access plays a major factor as well. Countries like Japan and even Canada with a greater aging population with the retirement of the baby boomer generation are in need of more health care solutions now more than ever.
SenSights Care developed on the SenSights.AI Platform
Our SenSights Care Tablet Solution helps to solve the problem of undetected falls & wellness monitoring in seniors by offering the only state-of-the-art passive monitoring platform where the seniors/patient does not have to wear/charge anything.It makes monitoring seniors and patients with chronic conditions like COVID-19, Memory, Falling, Wandering, Wellness, Diabetes, COPD/CHF and other illnesses effortless and convenient. The use of audio, video and text communication via phone and popular social media platforms (WhatsApp, Instagram, Facebook, Youtube) would help seniors to be constantly connected to the 24/7 nurse help desk in the region.
The Touchless Camera-Free Fall Detection sensor(s) connected to the SenSights Care app would notify the nurse desk if the fall occurred, so they can provide timely help to the patient.
Contactless Wellness Monitoring is also available for seniors via Veyetals app embedded in SenSights Care Solution. So, forgetting to put on wearables for health monitoring is not an issue anymore. The main indicators that are tracked include Falls, Activity, Ambient Sensing, Geolocation, Steps, Heart Rate, Heart Rate Variability, Respiration Level, Temperature, Blood Pressure and Blood Glucose. The family members and doctors could also be added to the circle of care and receive medical alerts in case of health deterioration or emergency. The remote health monitoring is secure, Ontario verified and HIPAA compliant.
SenSights.AI
We are a North American-based startup that provides comprehensive capabilities for home care organizations to manage their senior care services using state-of-art AI and 5G technologies and allow for a greater independence. We are uniquely positioned as we are the only one with a combination of
- Ambient or Touchless Fall Detection
- Device-less or Contactless Wellness Monitoring
- Comprehensive Mobile, Tablet and Web Solution for Seniors, Caregivers and Agency
- Complete Out-of-box Telehealth and TeleMedicine Platform with integration with over 15+ smart devices and several leading EMRs/EHRs like PointClick Care, Cerner and many more in pipeline
- Over 40+ Data Scientists, Engineers and Medical Advisors to help integrate and improve digital transformation journey of our client with services, products and platform focused on senior market
We provide the best in class health platform for patient engagement, remote monitoring and virtual care. Patients are guided on smartphones, tablets and computers from preparation through recovery with the help of reminders, education and activity tracking. Providers can receive alerts, monitor patients and access analytics to deliver better care. Health systems use SenSights Care to improve patient satisfaction while reducing hospital length of stay, readmissions, and costs.
We would like to work with you to help you grow your business with our unique business model of sharing revenue with healthcare providers.
Book a consultation today to see how can help digitally transform your healthcare organization at https://sensights.ai/contact-us/
Learn more about our SenSights Care Solution on http://sensightscare.com/