According to Berg Insight, the number of remotely monitored patients will grow at a CAGR of 47.9% to reach 50.2 million by 2021.
Smartwatch sales have picked up considerably during 2015 and shipments are on the track to reach 19.5 million units by the end of the year.
The two main applications are monitoring of patients with implantable cardiac rhythm management devices and monitoring of patients with sleep therapy devices.
According to Berg Insight, shipments of connected wearables reached 19 million in 2014, up from 5.9 million devices in the previous year.
The market is opening up to new types of solutions followed by next-generation telecare systems such as remote visits and video communication.
The shift to pay-for-performance structures will have a major impact on the use of connected care solutions in several countries.
Until 2018, the number of patients using connected home medical monitoring devices will grow at a CAGR of 44.4% to 19.1 million.