Global Telemonitoring Systems Market to Grow on Account of Rising Number of Patients with Physical Disabilities such as Paralysis

The global market for Telemonitoring systems has been reaping benefits from the development of better systems and procedures within the healthcare industry. Telemonitoring involves the analysis, diagnosis, and monitoring of the health of patients from a remote location, and usually does not involve the transfer of data or medical information.

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Telemonitoring is a viable way of ensuring that the health of patients in tracked and examined by doctors and medical practitioner by means of various modes of telecommunications. The development of advanced smart devices has played a major role in fortifying the domain of Telemonitoring. Besides this, the efforts of the medical and healthcare industry in creating a robust communication framework have also facilitated market growth.

Telemonitoring involves the examination of blood pressure, sugar levels, heart rate, and other indicators of patients’ health by medical practitioners. It is anticipated that the demand within the global market for telemonitoring would grow by leaps and bounds over the forthcoming years. A report added by Transparency Market Research (TMR) is an aplomb description of the drivers and restraints that prevail in the global market for telemonitoring systems. The title of the report is “Telemonitoring Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024”.

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The demand within the global market for telemonitoring is expected to escalate due to unprecedented load of patients on the healthcare sector. The rising incidence of several chronic diseases has made it necessary for doctors to stay abreast with the health status of patients at all times. This can only be possible with an effective system of telemonitoring that establishes regular contact between the patient and the practitioner.

The geriatric population has reaped tremendous benefits from telemonitoring systems because of the inability of the former to pay regular visits to doctors. Since telemonitoring systems can help in diagnosis of diseases, the healthcare industry uses these systems to analyse symptoms and conditions of patients to reach final results. It is anticipated that the rising number of patients of diabetes, cancer, high blood pressure, and other chronic diseases would create growth spaces within the global market for telemonitoring services.

The growth of a regional market for telemonitoring systems relies on the stability and efficiency of the healthcare industry in that region. The healthcare sector in North America is both, efficient and stable in its dispositions, thus, giving a boost to the growth of the regional market. Europe also complies the aforementioned parameters, and hence, the market for telemonitoring systems in Europe is also growing at a robust rate.

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Some of the key players in the global market for telemonitoring systems are Abbott, DigiO2 International Co. Ltd., Cisco Systems, Inc., GE Healthcare, Mindray Medical International Limited, Honeywell HomeMed, Philips Healthcare, Siemens Healthcare, Qi Imaging, LLC, and Telehealth Solutions.

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