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US Internet of Medical Things (IoMT) and Remote Patient Monitoring Growth Opportunities

Publisher Frost & Sullivan
Published May 06, 2022
Length 31 Pages
SKU # MC17162306

Description

US Internet of Medical Things (IoMT) and Remote Patient Monitoring Growth Opportunities

Frost & Sullivan has recognized remote patient monitoring as one of the top 5 trends in digital health investments. This report addresses how the Internet of Medical Things (IoMT) market offers significant growth opportunities in remote patient monitoring for all healthcare stakeholders and leading information and communication technology (ICT) companies. The volume of data available from remote patient monitoring devices will continue to increase as the convergence of IoMT, 5G, and WiFi 6 creates the infrastructure needed to support it. With the exponential increase in the data flow, there will be a need to prioritize data quality and enhance data security and privacy.

The report focuses exclusively on the IoMT market in the United States. It segments the market according to its industry participants, which are as follows: medical device companies, electronic health records (EHR) or electronic medical record (EMR) companies, healthcare providers, payers, pharmaceutical companies, telehealth & virtual healthcare companies, and private & equity firms. The report identifies the current strengths of ICT companies that can help them enter the digital healthcare market. The drivers, restraints, and growth opportunities for this market have also been provided.

Table of Contents

31 Pages
    • Why is it Increasingly Difficult to Grow?
    • The Strategic Imperative 8™
    • The Impact of the Top Three Strategic Imperatives Emerging from the IoMT Industry
    • Growth Opportunities Fuel the Growth Pipeline Engine™
    • Definitions
    • The IoMT Model for RPM
    • Market Segmentation by Industry Participants
    • How does SDoH Impact Patient Health?
    • Why does SDoH Matter in RPM?
    • Towards a Patient-centric Model
    • Growth Drivers
    • Growth Drivers Analysis
    • Growth Restraints
    • Growth Restraints Analysis
    • Growth Opportunity 1: Enhancement of Patient Health Data Value while Guaranteeing Compliance
    • Growth Opportunity 2: Integration of SDoH and PGHD for Better Patient Outcomes
    • Growth Opportunity 3: Health Information Exchange Solutions for Data Interoperability
    • Growth Opportunity 4: Big ICT Companies' Potential Expansion into IoMT and RPM

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