Implantable Remote Patient Monitoring (IRPM) devices are revolutionizing healthcare by continuously monitoring patients' health conditions. These devices are implanted within the body and can transmit critical health data to healthcare providers, enabling timely interventions and better management of chronic diseases. The integration of wireless technology and smart device compatibility has further enhanced the functionality and accessibility of these devices, making them an essential tool in modern healthcare.
According to BCC Research, the global market for implantable remote patient monitoring (IRPM) devices is set to grow impressively, reaching $7.6 billion in 2024 and increasing to $20.3 billion by the end of 2029. This translates to a strong compound annual growth rate (CAGR) of 21.7% from 2024 to 2029.
Let's explore six types of IRPM devices that are making a significant impact: