Rapid advancement in information technology has facilitated process and service industries to reach new heights, says a report by Transparency Market Research (TMR). A new report, titled “Telemonitoring Platforms and Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023,” presents the key observations on how the utilization of telemonitoring platforms and systems is assisting healthcare providers for effective and efficient patient monitoring irrespective of location.
That information technology is crucial in practically all aspects of life is well recognized. Information technology has radically changed the manner information is exchanged, presenting a massive upgrade over how information transfer happened previously. The benefits of information technology are particularly perceptible in time-sensitive fields such as healthcare and national security.
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Telemonitoring platforms and systems enable doctors and healthcare practitioners to monitor and manage the patient’s condition in order to give appropriate treatment before it worsens. These systems are a means to improve healthcare at a significantly low cost. Blood pressure cuffs and glucose meters are some of the devices that sync with telemonitoring platforms and systems for patient monitoring.
The report states the advantages of telemonitoring platforms and systems in its crucial applications, such as recording of vital signs, weight check, blood pressure monitoring, and assessment of oxygen saturation. In addition, the presence of telemonitoring systems in homecare settings enables vital information to be transmitted to physicians. For example, with the help of telemonitoring platforms and systems, health care givers can easily monitor vital parameters such as heart rate, weight, glucose level, blood pressure, and hemoglobin.
However, the use of these systems involves certain conditions. Prior to employing telemonitoring systems, physicians need to keep a proper check on the patient’s condition. The data pertaining to vital signs must be examined and scrutinized, followed by appropriate recommendations. Nevertheless, the increasing use of information technology and communication channels has reduced hospitalization and has helped in promoting efficient healthcare in home settings. Particularly, telemonitoring platforms and systems has benefitted people living in rural areas who do not have adequate transportation means and are unable to manage their disease properly. This has resulted in better access to healthcare services and a considerable decrease in morbidity and mortality rates.
Regionally, North America is the leading market for telemonitoring platforms and systems, followed by Europe. The increasing prevalence of lifestyle diseases such as cardiovascular diseases, diabetes, etc. and a gradual increase in the preference for administering health services through information technology and modern communication means in this region are the reasons for this.
The report includes top companies in the global telemonitoring platforms and systems market, which are Philips Healthcare, AMD Global Telemedicine Inc., Cisco Systems Inc., OSF Healthcare, KORE Telematics, ViTel Net, GE Healthcare, CARDIOCOM LLC, McKesson Corporation, InTouch Health Inc., and Vidyo Inc., among others.