The Future of Connected Medical Devices (Part 2)

The average healthcare expenses in the US for people without a chronic disease, such as cardiac disease or diabetes, are approximately $4,400. But for people with a chronic disease, the cost nearly triples to $11,700, and for those patients with complications, the average annual cost rises to a staggering $20,700. These two markets, which have enormous costs associated with managing chronic care and disease complications, may be the first to adopt new technologies, and also have the most to gain from the benefits of remote patient monitoring.