To make healthcare easily accessible to the masses, governments of numerous countries are investing heavily in digital and virtual technologies. For instance, the Health Resources and Services Administration (HRSA) and U.S. Department of Health and Human Services (HHS) invested $15 million in May 2020 in 159 organizations working in the field of telemedicine, to help them ramp up their capabilities amidst the devastating COVID-19 pandemic. Moreover, a month ago, the congress, under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, authorized the Federal Communications Commission (FCC) to invest $200 million for the provision of connected care across the country.
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This is because among many of its purposes, telemedicine is used for monitoring the condition of patients remotely. These days, a number of connected medical devices, such as multi-parameter monitors, blood glucose monitors, sphygmomanometers, capnographs, and electroencephalograms (EEG), are being used to monitor patients’ health and transmit the data over the internet or the phone line to the server of their doctors. Since it saves patients the trouble of physically visiting their doctor for routine stuff, remote monitoring is becoming increasingly popular in far-flung areas.
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However, the most-prominent purpose for which telemedicine is presently used is teleconsulting. In this method, the doctor communicates with the patient via telephone or internet audio and video, wherein regular conditions are diagnosed, symptoms shared, and medical and dietary advice taken. This helps patients in at least two ways: first, it saves them the time and money spent in visiting a healthcare facility, and second, it prevents the transmission of healthcare-acquired infections (HAI). With doctors currently not seeing patients personally for non-COVID illnesses, teleconsulting is being increasingly practiced.
Since the usage of audio and video equipment for remote healthcare purposes mandates technological advancements and heavy investments, the telemedicine market of North America has been the most productive till now. Moreover, the prevalence of chronic diseases, especially cancer and heart issues, is quite high in the region, which creates the need for extensive patient monitoring. Moreover, as per the UN, the geriatric population in the region will increase to 96.3 million by 2050 from 59.9 million in 2019, thereby driving the demand for various telemedicine services.
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