How sensors and wearables are adding a whole new meaning to remote patient monitoring
Traditional remote patient monitoring (RPM) is evolving at a rapid rate due to a number of external factors. We are seeing new market pressure coming from giants such as Apple, Google and Amazon looking to manoeuvre into the healthcare industry.
Recently, Amazon announced its “Haven” project, a joint healthcare venture with JPMorgan Chase and Berkshire Hathaway to improve access to primary care, simplify insurance and make prescription drugs more affordable. With huge R&D budgets and a wealth of technology at their fingertips, their disruption potential is very high.
Changing population demographics are themselves sparking healthcare reforms.