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Adoption of inorganic growth strategies by key market playersKey players are focused on adopting inorganic growth strategies, such as collaborations, which is expected to drive the global remote patient monitoring devices market growth. For instance, in October 2022, GE Healthcare, a medical technology company, and AMC Health, a provider of remote patient monitoring services, announced a collaboration that will enable clinicians to offer Remote Patient Monitoring (RPM) as a virtual care solution that extends patient care beyond the hospital to the home environment. The combination of GE Healthcare's acute patient monitoring capabilities in the hospital setting and AMC Health's expertise in RPM solutions using an U.S. FDA Class II 510(k)-cleared platform with analytics will broaden the continuum of non-acute care for patients after they are discharged from the hospital.
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