IoT is one of the top-used technologies in digital transformation that has lots of benefits and potential to evolve the landscape. This technology is generally used to connect devices over the internet with many applications. One of the main functions of IoT devices is to collect data to make analytics. IoT has been a significant part of the global market, as the Internet of Things market is expected to witness a substantial surge in revenue, reaching a staggering US$1.06 trillion by 2025 worldwide. Looking ahead, the market is anticipated to grow at an annual growth rate of 10.17% (CAGR 2025-2029), resulting in a remarkable market volume of US$1.56tn by 2029.
IoT-powered solutions have proved to be a boon for many industries, and healthcare is one among them. IoT-powered solutions provide better data collection, data management, patient monitoring, allocation, etc. for the healthcare organization.
Remote Patient Monitoring: A Growing Trend in Healthcare
Apart from all use cases, remote patient monitoring is one of the most trending applications of IoT solutions. By facilitating real-time data gathering, analysis, and action, the Internet of Things is transforming remote patient monitoring. Healthcare professionals may now continually monitor patients from any location, thanks to IoT-enabled devices, eliminating the need for in-person visits that still only record a single moment in time.
Various IoT-powered solutions are singularly contributing to remote patient monitoring, like wearable devices like smartwatches, fitness bands, connected inhalers, smart blood pressure monitors, smart glucometers, pulse oximeters, connected cardiac monitors, etc.
The global remote patient monitoring market is estimated to be worth around USD 10.85 billion in 2025 and is expected to grow significantly, reaching approximately USD 43.85 billion by 2034, expanding at a CAGR of 16.84%. The healthcare IoT market worldwide is projected to reach a revenue of $93.28 billion by 2025. It is expected to show an annual growth rate (CAGR 2025-2029) of 9.56%, leading to a market volume of US$134.43bn by 2029.
Role of IoT Solutions for Revolutionizing Remote Patient Monitoring
Internet of Things (IoT) solutions refer to systems that use the Internet to link devices and apps. These solutions have the potential to increase productivity, lower expenses, and build more intelligent surroundings. In remote patient monitoring, IoT solutions provide real-time monitoring from anywhere. Doctors can improve patient outcomes by modifying therapy based on real-time data. With a real-time monitoring dashboard, healthcare providers can track multiple patients simultaneously, making RPM highly efficient.
Also Read: The Benefits of IoT Solutions in Healthcare Industry
Top IoT Solutions for Remote Patient Monitoring
Various IoT solutions are revolutionizing remote patient monitoring. Below are a few top solutions.
Wearable Devices for Vital Sign Monitoring
There are wearable devices powered by IoT solutions like smartwatches, fitness bands, etc. that can be worn on patients’ hands to monitor their vital signs in real-time. The wearable devices can link with smartphones to provide data about the patient anywhere and also warn if any vitals get abnormal. There are many tech companies that are developing IoT-powered wearable device solutions like Apple, Samsung, etc.
Smart Scales
Among all IoT-powered remotely monitored solutions, there are smart scales, as this solution generally monitors the patient’s weight fluctuations in real-time. This solution can record the patient’s weight remotely, and any abnormal behavior in weight, like gain or loss, can result in a warning to the healthcare organization. This enables the diagnosis of patients as soon as possible.
Connected Glucose Meters for Diabetic Patients
Diabetes has become a global disease, and this is a serious concern. There is always a low- or high-sugar diabetes patient anytime or anywhere. So, to solve this issue, there are IoT-powered glucometers with which diabetic patients can now remotely check their blood sugar levels. Patients and healthcare professionals can obtain vital information in real-time thanks to these devices’ smooth data transmission to cloud platforms or mobile apps.
IoT-Powered Remote ECG Monitoring Solutions
Cardiac patients are increasing day by day, and this is one of the most dangerous diseases that could lead to heart failure anytime. To monitor the heart rhythms remotely, there is an IoT-powered solution that is remote ECG monitoring software. This software can link through smartphones and monitor heart rhythms. The recorded data can be analyzed by professionals to analyze the patterns that overall help to better treatment and care for the cardiac patients.
Also Read: Future of Patient Care With IoT Healthcare Solutions
Smart Sensors for Respiratory Patients
Pollution is also increasing at a very rapid pace, and for respiratory patients, air pollution is becoming a major concern. It is not possible to control the pollution immediately, but it is possible to monitor the condition of the surrounding environment of a respiratory patient. There are IoT-powered sensor solutions that can be attached to the patient’s body. This sensor generally monitors the patient’s breathing quality and warns if any potential risks are identified. 
Challenges of IoT Solutions for Remote Patient Monitoring
Data Privacy and Security
The most major challenge for IoT solutions in patient monitoring is data privacy and security. The Internet of Things is primarily concerned with transmitting and storing enormous amounts of data. If a breach is discovered, hackers can use it to target a doctor, hospital, or patient. Hackers can also create fake IDs to purchase prescription medicines and subsequently abuse them.
Performance of the Device
Most people own multiple gadgets, and incorporating IoT into them is causing problems because it may impede their usefulness. To provide effective data transfer, analysis, and retrieval, the many devices connected via IoT networks must be interoperable with one another.
Database Management
Doctors and hospitals maintain massive volumes of patient data, which can be difficult to manage at times. If this database is not correctly kept, any modification caused by an error may endanger a patient’s life.
Cost of an IoT System
Furthermore, IoT may save patients time and money by assisting in the diagnosis of the correct condition; nevertheless, physicians and hospitals must invest large funds to install IoT in their facilities.
Also Read: How IoT Solutions Drive Innovation Across Industries
Cost to Implement Healthcare IoT Solutions
Cost is always a crucial factor, and it is important to know whether your healthcare organization can afford it or not. It is also for patients to know that they are capable of affording the IoT-powered remotely monitored solutions. The cost of implementation of IoT solutions in the healthcare industry generally depends on various factors, like the complexity, features, scale of the project, number of devices, data processing needs, and integration complexity. Generally, the implementation cost ranges from $10,000 to $50,000 or even higher.
Also Read: How to Improve Health Monitoring System Using IoT
Final Words
IoT-powered solutions are everywhere as these solutions become a necessity for every industry. Among industries, healthcare has the most crucial role of IoT-powered solutions. Patients cannot always stay in healthcare organizations, but it could be incredible to monitor their condition remotely. The IoT-powered solutions provide the facility to remotely monitor patients’ conditions. There are many solutions, like wearable devices, smart scales, connected glucometers, weight track meters, smart sensors, etc., that are playing crucial roles in remotely monitoring patients.
In the last paragraph, we have also discussed the pricing factors and range that give the proper idea about the implementation cost of IoT solutions. Overall, for patients, the IoT solutions are proving to be life-saving tools outside or inside the healthcare organization.
As a top app development firm, Aeologic is ready to help you create an innovative healthcare system. We specialize in creating unique Internet of Things programs that are suited to specific requirements, employing the best IoT frameworks. We are ready to learn more about your company and contribute to meeting your needs.
Whether you are an experienced IoT development company or an aspiring player in the IoT development industry, the potential of this technology is already clear. Embrace the possibilities and join the revolutionary journey toward a future in which the Internet of Things affects the healthcare environment.
