The rapid increase in chronic diseases due to lifestyle changes, the growing elderly population, the increasing choice for home and remote monitoring, and the convenience of use of portable devices contribute to the growth of the patient monitoring market. According to the World Health Organization 2020, cancer, chronic obstructive pulmonary disease (COPD), cardiovascular diseases (CVD), and diabetes will account for 73 percent of all fatalities and 60 percent of the worldwide burden of diseases in 2020.
