The use of remote monitoring devices and telemedicine was always predicted to grow, but it saw exponential growth even beyond this forecast during the COVID-19 pandemic. According to GlobalData analysis, the global market value for remote patient monitoring is now projected to surpass $645m by 2025, representing an 18% increase since 2020.
As medical devices for remote healthcare become more advanced, so too does their rate of data generation. Telemedicine requires a network that can support real-time, high-quality videos, while real-time remote patient monitoring with streaming and analysis of patient data requires low-latency connectivity.
