The global remote patient monitoring devices market is growing across the world, projected to reach $2.114 trillion by 2028(1). But how can remote healthcare help to solve global healthcare challenges, whilst saving healthcare systems money?
From a clinician, patient and health system perspective, this is a summary of the key data we know so far about remote patient monitoring. This blog outlines key insights from the third section in the summary: the healthcare systems perspective.
Read key insights and download the full summary below.
Chronic diseases, such as cardiovascular disease, cancers, long term respiratory diseases and diabetes, kill 41 million people each year. This is equivalent to 74% of deaths globally, with 77% of those deaths in low- and middle-income countries(2).
For example in India, it’s estimated that 66% of total deaths in 2020 were caused by long term conditions(3). In a 2023 study, it was found that 81.1% of China’s population aged 60+ had a chronic disease, representing 179.9 million people(4). In 2019, roughly 16.2% of Qatar’s population also had one or more of the main four chronic conditions listed above(5) (cardiovascular disease, cancers, long term respiratory diseases and diabetes).
In the UK, 70% of each health and social care pound is spent on supporting people with long term conditions. People with chronic illnesses also account for 50% of all GP appointments and 70% of hospital beds in the UK(6).
In addition to our aging society, the prevalence of chronic conditions adds huge financial strain on healthcare systems globally. However remote care technology is helping to save money in healthcare systems. For example, in an evaluation of using remote patient monitoring for Chronic Obstructive Pulmonary Disease (COPD) patients, monitoring them from their place of residence led to gross savings of £5,444.22 per patient. This takes into account changes to length of stay and the cost of a day in a respiratory ward(7,8,9).
The number of people aged 80 or over is projected to triple, from 143 million in 2019 to 426 million in 2050. By 2050, one in four persons living in Europe and Northern America could be aged 65 or over(10). The rising costs of healthcare, an aging population and a global shortage of healthcare professionals means resources are stretched.
‘Hospital at home’ care offers an opportunity to improve healthcare for patients, better engage with them and increase the efficiency of health systems while reducing health care costs. This can help to free up critical funds to use elsewhere.
Want to learn more? Download the full data summary below (no email needed). It delves in to how remote monitoring technology can improve patient outcomes and save money for the healthcare system. Plus a real case study of how this technology was used to manage long term conditions in the UK.
(1) Zion Market Research, 2022. Remote Patient Monitoring Devices Market Size,Share.
(2) World Health Organisation, 2022. Noncommunicable diseases.
(3) The World Bank. 2020. Cause of death, by non-communicable diseases (% of total)– India.
(4) Binbin Su, et al. 2023. Chronic Disease in China: Geographic and Socioeconomic Determinants Among Persons Aged 60 and Older, Journal of the American Medical Directors Association, Volume 24, Issue 2, Pages 206-212.e5, ISSN 1525-8610.
(5) Syed MA, Alnuaimi AS, Zainel AJ, et al. Prevalence of non-communicable diseases by age, gender and nationality in publicly funded primary care settings inQatar. BMJ Nutrition, Prevention & Health 2019;2:doi: 10.1136/bmjnph-2018-000014.
(6) Making the case for the personalised approach. NHS England, 2018.
(7) Swift, J. et al, 2022. An evaluation of a virtual COVID-19 ward to accelerate the supported discharge of patients from an acute hospital setting. British Journal of Healthcare Management, 28(1), pp.7-15.
(8) Ghosh S, O’Kelly N, Roberts EJ et al. 2016. Combined interventions for COPD admissions within an urban setting. BJHCM: 2016;3:122–131.
(9) Data on File. Spirit Health. SSB. anonymised COPD admissions data England 2019-20.2022.
(10) United Nations. Trends in Population Ageing.