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Remote Patient Monitoring Market to Expand by USD 3.31 Billion (2024-2028), Focus on Chronic Disease Management, AI-Powered Market Evolution – Technavio

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NEW YORK, Nov. 26, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global remote patient monitoring market  size is estimated to grow by USD 3.31 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 30.11%  during the forecast period. Focus on chronic disease management is driving market growth, with a trend towards iot in healthcare. However, lack of reimbursement policies for remote monitoring  poses a challenge.Key market players include Abbott Laboratories, Advantech Co. Ltd., Babyscripts, Biofourmis Inc., Boston Scientific Corp., Caretaker Medical NA, Dragerwerk AG and Co. KGaA, GE Healthcare Technologies Inc., Honeywell International Inc., Koninklijke Philips N.V., Masimo Corp., Medtronic Plc, MphRx Inc., Napier Healthcare Solutions Pte Ltd., Nihon Kohden Corp., OMRON Corp., OSI Systems Inc., OSP, Shenzhen Mindray BioMedical Electronics Co. Ltd, Siemens AG, Smiths Group Plc, and VitalConnect Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Product (Vital signs and Implantable), End-user (Hospitals, ASCs, and Home care), and Geography (North America, Europe, Asia, and Rest of World (ROW))

Region Covered

North America, Europe, Asia, and Rest of World (ROW)

Key companies profiled

Abbott Laboratories, Advantech Co. Ltd., Babyscripts, Biofourmis Inc., Boston Scientific Corp., Caretaker Medical NA, Dragerwerk AG and Co. KGaA, GE Healthcare Technologies Inc., Honeywell International Inc., Koninklijke Philips N.V., Masimo Corp., Medtronic Plc, MphRx Inc., Napier Healthcare Solutions Pte Ltd., Nihon Kohden Corp., OMRON Corp., OSI Systems Inc., OSP, Shenzhen Mindray BioMedical Electronics Co. Ltd, Siemens AG, Smiths Group Plc, and VitalConnect Inc.

Key Market Trends Fueling Growth

Remote Patient Monitoring (RPM) is a trending business in healthcare, enabling patient-centered care and personalized medicine through real-time health data collection. RPM caters to patient engagement, especially for geriatric demographics and those with chronic ailments, reducing healthcare expenditures and enabling aging in place. Regulatory variations, social media practices, and telemedicine start-ups influence RPM’s growth. RPM technologies include IoT medical devices, telemedicine apps, and software solutions. Reimbursement policies, behavioral barriers, and healthcare fraud are challenges. RPM addresses infectious diseases, epidemics, and healthcare-associated infections, with devices like vital sign monitors and special monitors for heart rate, blood pressure, and glucose levels. Firms like EPIC Health and Disease Control Prevention (CDC) use RPM for chronic disease management. Medical practitioners, hospitals, and healthcare organizations benefit from RPM’s remote access and digital platforms. RPM technologies ensure quality of care, prevent healthcare fraud, and improve consultation tools for healthcare consumers. 

The remote patient monitoring market is experiencing significant growth due to the increasing adoption of Internet of Things (IoT) technology and connected medical devices in the healthcare industry. IoT bridges the gap between physical and digital data sources, enabling real-time patient monitoring and improving accessibility to healthcare services. This trend is helping healthcare organizations reduce operational burdens and develop digital ecosystems, ultimately leading to timely and improved patient care. The potential applications of IoT in healthcare settings are vast, extending beyond inpatient services to outpatient care as well. 

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Market Challenges

Remote Patient Monitoring (RPM) is a growing trend in healthcare, allowing medical care to be delivered from a distance. However, implementing RPM comes with challenges. Patient-centered care and personalized medicine require RPM to be patient-friendly and engaging. Regulatory variations and social media practices pose challenges in ensuring data security and privacy. The geriatric demographic and chronic ailments increase healthcare expenditures, making home-based care setting a cost-effective solution. Mobility constraints, healthcare fraud, and prevention measures are concerns in RPM. Behavioral barriers, telemedicine, and infectious diseases require fraud detection and prevention measures. IoT medical devices, reimbursement policies, and global disease burden impact RPM adoption. Medical practitioners, hospitals, and healthcare organizations use digital platforms and RPM technologies for better quality of care. Firms offer telemedicine apps, consultation tools, and software solutions for patients. RPM devices include vital sign monitors, special monitors, heart rate monitors, and hospital-based patient systems. Challenges include reimbursement policies, medical research using cloud servers, health insurance portability and accountability, and healthcare consumer trust. RPM technologies aid in chronic disease management, telemedicine start-ups, and remote access to medical care facilities. RPM is essential for managing conditions like hypertension, neurological disorders, cancer cases, and sleep disorders.Remote patient monitoring brings healthcare services to patients’ homes, expanding access to specialists in remote areas. Both healthcare providers and patients benefit from this trend by reducing the need for unnecessary hospital visits. However, reimbursement for remote healthcare services is not universally adopted by payers, limiting the application of telehealth in some cases. The Center for Medicare and Medicaid Services (CMS) has established guidelines for reimbursement, covering patients in Health Professional Shortage Areas (HPSA) or outside Metropolitan Statistical Areas (MSA), as defined by the Health Resources and Services Administration (HRSA) and the Census Bureau. Adherence to these standards enables reimbursement for remote patient monitoring services.

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Segment Overview 

This remote patient monitoring market report extensively covers market segmentation by

Product 1.1 Vital signs1.2 ImplantableEnd-user 2.1 Hospitals2.2 ASCs2.3 Home careGeography 3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)

1.1 Vital signs-  The vital signs product segment of the remote patient monitoring market consists of devices that remotely monitor key physiological parameters, including blood pressure, heart rate, temperature, and oxygen saturation. These solutions range from wearable sensors to home monitoring kits, allowing patients to track their vital signs in real-time and transmit data to healthcare providers for remote assessment and intervention. With the rise of chronic diseases and the emphasis on preventive healthcare, the demand for vital signs monitoring solutions has grown significantly. Leading vendors, such as Koninklijke Philips NV, Medtronic Plc, and GE Healthcare, provide a range of devices to cater to the diverse needs of patients and healthcare providers. Philips offers wearable biosensors, while GE Healthcare provides home monitoring kits. These companies utilize their strengths in medical device manufacturing, data analytics, and healthcare IT to develop innovative vital signs monitoring solutions. This empowers patients to manage their health proactively and supports the expansion of the vital signs segment in the global remote patient monitoring market.

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Research Analysis

Remote Patient Monitoring (RPM) is a revolutionary approach in healthcare that enables medical practitioners to monitor patients’ health conditions in real-time from a distance. This patient-centered care solution is particularly beneficial for individuals with chronic ailments, geriatric demographics, and those with mobility constraints. RPM allows for personalized medicine and increased patient engagement, leading to better health outcomes and reduced healthcare expenditures. Regulatory variations across regions and social media practices are shaping the RPM market’s growth. RPM technologies include telemedicine apps, digital platforms, and RPM devices that transmit health data to medical professionals. Cloud servers and Health Insurance Portability and Accountability Act (HIPAA) compliance are crucial components of RPM. Chronic disease management, such as hypertension and neurological disorders, is a significant application area for RPM. Firms are investing in RPM to improve healthcare delivery in home-based care settings and hospitals. Medical researchers are also leveraging RPM for data collection and analysis to advance medical knowledge.

Market Research Overview

Remote Patient Monitoring (RPM) is a patient-centered care approach that enables medical practitioners to monitor patients’ health conditions in real-time, outside of traditional hospital settings. RPM is a crucial component of personalized medicine, allowing for more effective chronic ailment management and improved patient engagement. Regulatory variations and social media practices pose challenges, but RPM is gaining traction due to the growing geriatric demographic and rising healthcare expenditures. Aging in place and mobility constraints are driving the need for home-based care and RPM technologies. However, healthcare fraud, prevention measures, and behavioral barriers are concerns. Telemedicine, IoT medical devices, and digital platforms are key RPM technologies, with applications ranging from infectious diseases and epidemics to oncology, cardiovascular diseases, diabetes, sleep disorders, weight management, and fitness monitoring. Reimbursement policies and global disease burden also impact RPM adoption. Medical researchers, healthcare organizations, and software solutions providers are key players in the RPM market, with telemedicine start-ups and consultation tools also gaining popularity. Patients, hospitals, home-based care settings, healthcare consumers, and medical care facilities are all benefiting from RPM. RPM is transforming healthcare delivery by enabling remote access to medical care and improving quality of care.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductVital SignsImplantableEnd-userHospitalsASCsHome CareGeographyNorth AmericaEuropeAsiaRest Of World (ROW)

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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In HelloNation, Custom Fabrication Expert Mark Coyle Explains a Common Mistake in Custom Aluminum Design

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The article explains why smart geometry, not thicker walls, creates stronger, more efficient aluminum components.

ROCHESTER, N.Y., Oct. 24, 2026 /PRNewswire/ — What early design choice causes many custom aluminum projects to become heavier, costlier, or harder to manufacture? That question is addressed in a HelloNation article featuring insights from Custom Fabrication Expert Mark Coyle of American Custom Metals, Inc. in Rochester, New York, that outlines how misunderstanding aluminum behavior leads designers to rely on thick walls instead of stronger geometry.

The article begins by explaining that many people assume thicker walls automatically make aluminum parts stronger. It notes that aluminum does not respond to wall thickness the way steel does. Instead, its performance is shaped by how the metal flows through the extrusion die. The article states that custom aluminum design is more effective when profiles use ribs, chambers, and flanges to create stiffness without adding unnecessary weight. This guidance helps readers understand why adding material often increases cost without improving strength.

The article also highlights that thicker walls change how aluminum moves during extrusion. When heavy areas fill more slowly, the metal cools unevenly and can develop stress that only appears later. The HelloNation piece explains that well-balanced geometry keeps extrusion smooth and predictable. This consistency makes it easier to maintain dimensional accuracy across long production runs. By focusing on geometry, custom aluminum design avoids the problems that come with slow extrusion speeds and uneven cooling.

Another insight in the article centers on how ribs and internal supports influence stability. It describes how a thin wall supported by a properly placed rib often performs better than a thick wall with no reinforcement. This happens because the rib helps distribute load, improve stiffness, and guide the aluminum as it cools. The article explains that this structural approach makes custom aluminum design more efficient and gives designers more control over how the final part behaves under pressure.

The article also shows why early collaboration between designer and fabricator prevents costly changes. It states that a fabricator familiar with extrusion can catch potential issues before a die is built. Small adjustments to corners or transitions can remove weak points or improve metal flow. The article notes that this teamwork keeps the design aligned with real-world production. By working together early, both sides reduce the risk of redesigning the die after the first test run.

Machining is another area where the article explains how wall thickness affects performance. Features such as deep pockets or sharp internal angles may require slow feed rates or special tooling. When walls are thicker than needed, those areas can become difficult to machine cleanly. The article states that thoughtful custom aluminum design makes machining more predictable. Small changes, such as adding radiused edges or sizing features to match standard tools, help shorten cycle times and prevent tool wear.

Thermal behavior receives detailed attention as well. The article explains that aluminum retains heat differently depending on the mass of each section. Thicker walls hold heat longer, which increases the chance of distortion during extrusion, machining, or finishing. When a design uses geometry to create strength, the material cools more evenly. This reduces warping and helps long profiles stay aligned. The article notes that stable cooling is important for components that require a precise fit and consistent shape throughout an entire production run.

Cost is also a key topic in the article. It states that heavier profiles increase material use, extrusion time, and tooling needs. A custom aluminum design that relies on geometry instead of mass lowers material consumption and keeps the fabrication process efficient. The article explains that lighter parts are easier to handle, ship, and assemble. This saves money across multiple stages of production and supports long-term manufacturing efficiency.

The article also notes that smart custom aluminum design creates profiles that behave predictably during extrusion and machining. Smooth transitions, balanced wall dimensions, and structural features help reduce the chance of distortion or dimensional drift. These elements also lower scrap rates and support reliable performance. By using geometry instead of excess material, designers build parts that maintain strength without compromising manufacturability.

As the article concludes, it emphasizes that avoiding thick walls is one of the best ways to improve performance and lower cost. It states that the most dependable custom aluminum components come from designs that use structural features to strengthen the profile. When designers understand how aluminum behaves at each stage of extrusion and machining, they create parts that are strong, efficient, and consistent from batch to batch. This approach turns custom aluminum design into a predictable process rather than a series of uncertain adjustments.

A Common Mistake in Custom Aluminum Design features insights from Mark Coyle, Custom Fabrication Expert of Rochester, NY, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

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SOURCE HelloNation

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World Young Scientist Summit 2026 Opens in Wenzhou, Zhejiang

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WENZHOU, China, Oct. 24, 2026 /PRNewswire/ — This is a report by China Daily:

On October 24, the World Young Scientist Summit 2026 opened in Wenzhou, Zhejiang. The event is hosted by the China Association for Science and Technology (CAST), the Zhejiang Provincial People’s Government, and the World Association of Young Scientists. Nearly 800 representatives, including scientists, educators, and entrepreneurs from more than 60 countries and regions, are attending the summit.

He Junke, Vice President of CAST in charge of daily work and First Secretary of its Secretariat; Lian Yimin, Chairman and Party Group Secretary of the Zhejiang Provincial Committee of the Chinese People’s Political Consultative Conference; Marcelo Knobel, Executive Director of The World Academy of Sciences; and Zhang Zhenfeng, Member of the Standing Committee of the CPC Zhejiang Provincial Committee and Secretary of the CPC Wenzhou Municipal Committee, attended the summit and delivered remarks. Yao Gaoyuan, Vice Governor of the Zhejiang Provincial People’s Government, presided over the first segment of the plenary session.

With the theme “Gathering Talents Worldwide to Create a Better Future,” the summit’s annual agenda is “Global Youth Action in the AI Era: Building a Sustainable Future.” It aims to draw on the insights of young people around the world, deepen international sci-tech cooperation, and jointly address questions about young people, science, the world and the future.

Efim Zelmanov, Fields Medalist and Foreign Member of the Chinese Academy of Sciences; Chen Yunji, Deputy Director of the Institute of Computing Technology, CAS, and Director of the National Key Laboratory of Processor Chips; Mary Garson, President of the International Union of Pure and Applied Chemistry; and Lu Chaoyang, Member of the Standing Committee of CAST, Executive Dean of the Shanghai Institute of Advanced Study, University of Science and Technology of China, and Chairman of the Council of the World Association of Young Scientists, delivered keynote speeches respectively on education reform in the AI era, AI and processor chips, young women scientists’ participation in science, and quantum computing. They explored new opportunities for scientific research, talent cultivation, and international cooperation in the AI era.

This year’s summit placed greater emphasis on the growth needs of young scientists, with young talents under the age of 45 accounting for 88 percent of participants. It aimed to build a cluster of international journals, bring together young scientific talent, facilitate a batch of international collaborative projects and advance the application and commercialization of scientific and technological achievements. The summit released the Report on the Distribution and Mobility of Young Scientists in the Field of Embodied Intelligence, launched the World Young Scientist Summit Partner Journal Program and the 2026 World Young Scientist Innovation and Entrepreneurship Growth Support Program. It also published the “Young Scientist Pioneers 2035” list and announced the 2026 Sustainable Development Young Scientist Award. The awards were presented to four Chinese and foreign scientists.

Chen Tianrun, Founder of Hangzhou Moxin Technology Co., Ltd.; Yuan Yang, Assistant to the Dean of the Institute for Interdisciplinary Information Sciences at Tsinghua University; and two of the 2026 Sustainable Development Young Scientist Award winners, César de la Fuente and Nicola Segata, among other Chinese and foreign young scientist representatives, spoke at the flash-talk session to share their research practices and reflections.

In addition, the conference focused on fields such as future manufacturing, quantum information, embodied intelligence, brain-computer intelligence, environmental science, deep-sea resources, and life and health, and held 12 parallel forums. It also included the “Gravitation π” Future Technology and Concept Products Exhibition and Exchange, local thematic side events, and sci-tech and humanities study visits, further building an interdisciplinary, cross-regional and cross-sector platform for youth sci-tech exchange and cooperation.

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SOURCE China Daily

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The Ultimate Send-off to Summer: CSTS Debuts Global Entertainment IP PremierX at New York’s Pier 17, Ushering in a New Era of Live Entertainment

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NEW YORK, Oct. 24, 2026 /PRNewswire/ — CSTS Enterprises (‘CSTS’), a New York-based sports, entertainment, integrated media and travel technology group, today announced the official launch of PremierXTM, its flagship live entertainment brand, with a landmark Halloween Weekend event “AFTER DARK” at The Rooftop at Pier 17 in New York on October 30, 2026.

Capping off Seaport’s 2026 Summer Season in unforgettable fashion, the grand finale brings a powerhouse lineup of stars to the PremierXTM stage at Pier 17, featuring Lil Xan, Armani White, DJ Soda, Nate Wyatt, and surprise A-list guest headliners. Set against the iconic Manhattan skyline, the landmark eventing unites chart-topping hip-hop and high-octane electronic music for a festival-grade experience as The Rooftop at Pier 17 transforms into the city’s premier live music destination.

Building on the momentum of the PremierXTM After Party for the 2026 World Cup Final that took place in New York on July 19th, “AFTER DARK” signals the official debut of PremierXTM, a proprietary, New York – born global entertainment IP created by CSTS to deliver defining cultural experiences at the intersection of music, sport, art and lifestyle. Centred on the power of cultural crossover, PremierXTM serves as an international bridge connecting East and West, modern innovation and timeless classical, while uniting world-class artists, creators, performers and audiences through the universal language of entertainment and premium live experiences.

The launch also marks the beginning of a promising relationship with Pier 17, providing a world-class stage for PremierXTM to accelerate its growth in the U.S. and engage international audiences over the long term. By combining PremierXTM’s global entertainment vision with Pier 17’s iconic waterfront setting, the partnership aims to create a premier destination for live experiences, empowering both platforms to expand their global reach, deepen audience engagement, and drive sustainable growth.

As a key pillar of CSTS’ integrated ecosystem spanning entertainment, sports, travel, integrated media and marketing solutions, PremierXTM further strengthens the Group’s ability to create high-impact experiences that connect audiences, destinations and brand partners. With the global live entertainment market projected to grow from approximately US$203 billion in 2025 to US$270 billion by 2030[1], PremierXTM is well-positioned to capitalize on the growing demand for premium, experience-led entertainment while creating long-term value to the Group through recurring audience engagement, tourism and brand partnerships.

“PremierX TM represents a significant milestone in CSTS’ evolution from a leading operator of global sports and hospitality platforms into a creator of world-class entertainment experiences,” said Abel Zhao, Group CEO and Executive Director at CSTS Enterprises. “The season finale at Pier17 marks the beginning of an exciting new chapter for CSTS as we expand our entertainment footprint and introduce a platform designed to deliver iconic live experiences and bring together artists and audiences from across the globe.”

“PremierXTM was built from the ground up as a bespoke platform to champion multicultural talent and visionary creative performers.” said Jason Liu, Regional Director of CSTS USA. “Starting from New York, we are building a scalable global brand that brings iconic live experiences to audiences worldwide while expanding our presence across key entertainment hubs in North America, Asia and Europe.”

Following its New York launch, PremierXTM plans to expand through a broader international rollout across North America, Asia and Europe, with future editions planned as part of a growing network of recurring live entertainment properties and flagship cultural events.

For ticket information on PremierXTM: “AFTER DARK”, visit
https://www.axs.com/events/1644912/after-dark-tickets

About CSTS Enterprises

CSTS Enterprises is an integrated media, entertainment, sports, and travel technology group. Headquartered in New York City, the company develops and partners with intellectual properties and brands to deliver compelling experiences that connect with audiences across the world. In addition to its own initiatives, including Generation CTM and PremierXTM, it collaborates with international IPs including FIFA World Cup, UEFA European Championship, and Formula 1.

CSTS integrates experiential marketing, travel, data, and technology to deliver seamless end-to-end audience experiences. The company engages consumers across physical events and digital channels, executing at scale worldwide, turning complex activations into co-ordinated, measurable outcomes.

[1] Source: Industry research by Markets and Markets, Live Entertainment Market Size, Share, Latest Trends & Growth Analysis, 2025-2030, Live Entertainment Market Size, Share, Latest Trends & Growth Analysis, 2025-2030.

 

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SOURCE CSTS Enterprises

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