LONDON--(BUSINESS WIRE)--TechNavio, a tech-focused research firm, has published a new report on the Global Connected Health M2M Market, which is expected to grow at a CAGR of 33.08 percent from 2014-2019.
According to the latest report by TechNavio, the aging global population and increase in chronic diseases is expected contribute to market growth.
With an increase in chronic illnesses like diabetes, arthritis and cancer in the aging population, specifically in North America and Western Europe, the dependency on families and caregivers is increasing. Patients in this segments tend to require home care on top of care administered in hospitals.
“Connected health M2M offers a remote patient monitoring facility that allows healthcare practitioners to monitor patients in their home,” says Faisal Ghaus, Vice President of TechNavio.
The report puts emphasis on the adoption of this kind of remote patient monitoring in which the health of patients can be monitored by physicians from a remote location.
“Remote patient monitoring is a practical solution for several health issues and is expected to propel the growth of this market over the next four years,” says Ghaus.
TechNavio currently has more than 3000 market research reports on a huge range of topics, including:
- Connected Health M2M Market in the US 2014-2018
- Global Connected Health M2M Services Market 2014-2018
TechNavio is a leading global technology research and advisory company.
Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.