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Zacks recently mentioned MarketsandMarkets as a major source of reference for remote patient monitoring market in their article regarding the medical information systems stocks.

The COVID-19 pandemic has increased the need for contactless services enormously. Digital health has sustained its strong growth momentum in the second half of 2021 as well, thanks to the growing demand for contactless services. The telehealth and remote patient monitoring segments within the medical information systems space are particularly growing at a faster rate. The global remote patient monitoring market is projected to be valued at USD 117.1 billion by 2025 from USD 23.2 billion in 2020, growing at a CAGR of 38.2% between 2020 and 2025. The rising geriatric population and the growing need to expand healthcare access, cost benefits of telehealth and remote patient monitoring, benefits of RPM to reduce the burden on medical resources, advancements in telecommunications, growing incidences of chronic diseases, and increasing investments in telehealth and RPM are the major factors driving the growth of this market.

For more details, please visit: https://www.zacks.com/commentary/1807213/buy-3-medical-info-systems-stocks-to-brave-industry-wide-challenges

Press Release

https://www.marketsandmarkets.com/PressReleases/remote-patient-monitoring.asp

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