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NEW YORK , Nov. 26, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global remote patient monitoring market size is estimated to grow by USD 3.31 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 30.11% during the forecast period. Focus on chronic disease management is driving market growth, with a trend towards iot in healthcare. However, lack of reimbursement policies for remote monitoring poses a challenge.Key market players include Abbott Laboratories, Advantech Co. Ltd., Babyscripts, Biofourmis Inc., Boston Scientific Corp., Caretaker Medical NA, Dragerwerk AG and Co. KGaA, GE Healthcare Technologies Inc., Honeywell International Inc., Koninklijke Philips N.V., Masimo Corp., Medtronic Plc, MphRx Inc., Napier Healthcare Solutions Pte Ltd., Nihon Kohden Corp., OMRON Corp., OSI Systems Inc., OSP, Shenzhen Mindray BioMedical Electronics Co. Ltd, Siemens AG, Smiths Group Plc, and VitalConnect Inc.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Key Market Trends Fueling Growth Remote Patient Monitoring (RPM) is a trending business in healthcare, enabling patient-centered care and personalized medicine through real-time health data collection. RPM caters to patient engagement, especially for geriatric demographics and those with chronic ailments, reducing healthcare expenditures and enabling aging in place. Regulatory variations, social media practices, and telemedicine start-ups influence RPM's growth. RPM technologies include IoT medical devices, telemedicine apps, and software solutions. Reimbursement policies, behavioral barriers, and healthcare fraud are challenges. RPM addresses infectious diseases, epidemics, and healthcare-associated infections, with devices like vital sign monitors and special monitors for heart rate, blood pressure, and glucose levels. Firms like EPIC Health and Disease Control Prevention (CDC) use RPM for chronic disease management. Medical practitioners, hospitals, and healthcare organizations benefit from RPM's remote access and digital platforms. RPM technologies ensure quality of care, prevent healthcare fraud , and improve consultation tools for healthcare consumers. The remote patient monitoring market is experiencing significant growth due to the increasing adoption of Internet of Things (IoT) technology and connected medical devices in the healthcare industry. IoT bridges the gap between physical and digital data sources, enabling real-time patient monitoring and improving accessibility to healthcare services. This trend is helping healthcare organizations reduce operational burdens and develop digital ecosystems, ultimately leading to timely and improved patient care. The potential applications of IoT in healthcare settings are vast, extending beyond inpatient services to outpatient care as well. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges Remote Patient Monitoring (RPM) is a growing trend in healthcare, allowing medical care to be delivered from a distance. However, implementing RPM comes with challenges. Patient-centered care and personalized medicine require RPM to be patient-friendly and engaging. Regulatory variations and social media practices pose challenges in ensuring data security and privacy. The geriatric demographic and chronic ailments increase healthcare expenditures, making home-based care setting a cost-effective solution. Mobility constraints, healthcare fraud , and prevention measures are concerns in RPM. Behavioral barriers, telemedicine, and infectious diseases require fraud detection and prevention measures. IoT medical devices, reimbursement policies, and global disease burden impact RPM adoption. Medical practitioners, hospitals, and healthcare organizations use digital platforms and RPM technologies for better quality of care. Firms offer telemedicine apps, consultation tools, and software solutions for patients. RPM devices include vital sign monitors, special monitors, heart rate monitors, and hospital-based patient systems. Challenges include reimbursement policies, medical research using cloud servers, health insurance portability and accountability, and healthcare consumer trust. RPM technologies aid in chronic disease management, telemedicine start-ups, and remote access to medical care facilities. RPM is essential for managing conditions like hypertension, neurological disorders, cancer cases, and sleep disorders. Remote patient monitoring brings healthcare services to patients' homes, expanding access to specialists in remote areas. Both healthcare providers and patients benefit from this trend by reducing the need for unnecessary hospital visits. However, reimbursement for remote healthcare services is not universally adopted by payers, limiting the application of telehealth in some cases. The Center for Medicare and Medicaid Services (CMS) has established guidelines for reimbursement, covering patients in Health Professional Shortage Areas (HPSA) or outside Metropolitan Statistical Areas (MSA), as defined by the Health Resources and Services Administration (HRSA) and the Census Bureau. Adherence to these standards enables reimbursement for remote patient monitoring services. Insights into how AI is reshaping industries and driving growth- Download a Sample Report This remote patient monitoring market report extensively covers market segmentation by 1.1 Vital signs 1.2 Implantable 2.1 Hospitals 2.2 ASCs 2.3 Home care 3.1 North America 3.2 Europe 3.3 Asia 3.4 Rest of World (ROW) 1.1 Vital signs- The vital signs product segment of the remote patient monitoring market consists of devices that remotely monitor key physiological parameters, including blood pressure, heart rate, temperature, and oxygen saturation. These solutions range from wearable sensors to home monitoring kits, allowing patients to track their vital signs in real-time and transmit data to healthcare providers for remote assessment and intervention. With the rise of chronic diseases and the emphasis on preventive healthcare, the demand for vital signs monitoring solutions has grown significantly. Leading vendors, such as Koninklijke Philips NV, Medtronic Plc, and GE Healthcare, provide a range of devices to cater to the diverse needs of patients and healthcare providers. Philips offers wearable biosensors, while GE Healthcare provides home monitoring kits. These companies utilize their strengths in medical device manufacturing, data analytics, and healthcare IT to develop innovative vital signs monitoring solutions. This empowers patients to manage their health proactively and supports the expansion of the vital signs segment in the global remote patient monitoring market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) Research Analysis Remote Patient Monitoring (RPM) is a revolutionary approach in healthcare that enables medical practitioners to monitor patients' health conditions in real-time from a distance. This patient-centered care solution is particularly beneficial for individuals with chronic ailments, geriatric demographics, and those with mobility constraints. RPM allows for personalized medicine and increased patient engagement, leading to better health outcomes and reduced healthcare expenditures. Regulatory variations across regions and social media practices are shaping the RPM market's growth. RPM technologies include telemedicine apps, digital platforms, and RPM devices that transmit health data to medical professionals. Cloud servers and Health Insurance Portability and Accountability Act (HIPAA) compliance are crucial components of RPM. Chronic disease management, such as hypertension and neurological disorders, is a significant application area for RPM. Firms are investing in RPM to improve healthcare delivery in home-based care settings and hospitals. Medical researchers are also leveraging RPM for data collection and analysis to advance medical knowledge. Market Research Overview Remote Patient Monitoring (RPM) is a patient-centered care approach that enables medical practitioners to monitor patients' health conditions in real-time, outside of traditional hospital settings. RPM is a crucial component of personalized medicine, allowing for more effective chronic ailment management and improved patient engagement. Regulatory variations and social media practices pose challenges, but RPM is gaining traction due to the growing geriatric demographic and rising healthcare expenditures. Aging in place and mobility constraints are driving the need for home-based care and RPM technologies. However, healthcare fraud , prevention measures, and behavioral barriers are concerns. Telemedicine, IoT medical devices, and digital platforms are key RPM technologies, with applications ranging from infectious diseases and epidemics to oncology, cardiovascular diseases, diabetes, sleep disorders, weight management, and fitness monitoring. Reimbursement policies and global disease burden also impact RPM adoption. Medical researchers, healthcare organizations, and software solutions providers are key players in the RPM market, with telemedicine start-ups and consultation tools also gaining popularity. Patients, hospitals, home-based care settings, healthcare consumers, and medical care facilities are all benefiting from RPM. RPM is transforming healthcare delivery by enabling remote access to medical care and improving quality of care. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Product Vital Signs Implantable End-user Hospitals ASCs Home Care Geography North America Europe Asia Rest Of World (ROW) 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio

Biden will decide on US Steel acquisition after influential panel fails to reach consensus WASHINGTON (AP) — A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel. The Committee on Foreign Investment in the United States on Monday sent its long-awaited report to President Joe Biden, a longtime opponent of the deal. Some federal agencies represented on the panel were skeptical that allowing a Japanese company to buy an American-owned steelmaker would create national security risks. That's according to a U.S. official familiar with the matter. Both Biden and President-elect Donald Trump opposed the merger and vowed to block it. Nippon Steel says it is confident the deal will go ahead. Nissan and Honda to attempt a merger that would create the world's No. 3 automaker TOKYO (AP) — Japanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from its reliance on fossil fuels. The two companies said they signed an agreement on integrating their businesses on Monday. Smaller Nissan alliance member Mitsubishi Motors agreed to join the talks. News of a possible merger surfaced earlier this month. Japanese automakers face a strong challenge from their Chinese rivals and Tesla as they make inroads into markets at home and abroad. What a merger between Nissan and Honda means for the automakers and the industry BANGKOK (AP) — Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda will initially lead the new management, retaining the principles and brands of each company. Following is a quick look at what a combined Honda and Nissan would mean for the companies, and for the auto industry. Survey: Small businesses are feeling more optimistic about the economy after the election A survey shows small business owners are feeling more optimistic about the economy following the election. The National Federation of Independent Businesses’ Small Business Optimism Index rose by eight points in November to 101.7, its highest reading since June 2021. The Uncertainty Index declined 12 points in November to 98, following October’s pre-election record high of 110. NFIB Chief Economist Bill Dunkelberg said small business owners became more certain about future business conditions following the presidential election, breaking a nearly three-year streak of record high uncertainty. The survey also showed that more owners are also hoping 2025 will be a good time to grow. Heavy travel day starts with brief grounding of all American Airlines flights WASHINGTON (AP) — American Airlines briefly grounded flights nationwide due to a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne Tuesday about an hour after the Federal Aviation Administration ordered a national ground stop, which prevented planes from taking off. American said in an email that the problem was caused by vendor technology in its flight operating system. Aviation analytics company Cirium said flights were delayed across American’s major hubs, with only 37% leaving on time. Nineteen flights were cancelled. Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, representing a 42% premium on the company’s stock as of March 18. Nordstrom’s board of directors unanimously approved the the proposed transaction, while Erik and Pete Nordstrom — part of the Nordstrom family taking over the company — recused themselves from voting. Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the company. Stock market today: Wall Street rallies ahead of Christmas Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks. The S&P 500 added 1.1% Tuesday. Trading closed early ahead of the holiday. Tech companies including Apple, Amazon and chip company Broadcom helped pull the market higher. The Dow Jones Industrial Average rose 0.9%, and the Nasdaq composite climbed 1.3%. American Airlines shook off an early loss and ended mostly higher after the airline briefly grounded flights nationwide due to a technical issue. Treasury yields held steady in the bond market. The yield on the 10-year Treasury was little changed at 4.59% An analyst looks ahead to how the US economy might fare under Trump WASHINGTON (AP) — President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally. In some ways, his victory marked a repudiation of President Joe Biden’s economic stewardship and a protest against inflation. It came despite low unemployment and steady growth under the Biden administration. What lies ahead for the economy under Trump? Paul Ashworth of Capital Economics spoke recently to The Associated Press. The interview has been edited for length and clarity. American consumers feeling less confident in December, Conference Board says American consumers are feeling less confident in December, a business research group says. The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Consumers had been feeling increasingly confident in recent months. The consumer confidence index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. The measure of Americans’ short-term expectations for income, business and the job market tumbled more than a dozen points to 81.1. The Conference Board says a reading under 80 can signal a potential recession in the near future. Stock market today: Wall Street rises at the start of a holiday-shortened week Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1%. Honda's U.S.-listed shares rose sharply after the company said it was in talks about a combination with Nissan in a deal that could also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market.SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ASP Isotopes Inc. - ASPI

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Macy's, Inc. - MAtiku, Kwankwaso, others knock Tinubu over continued borrowingPCSO lottery draw now available on IBC-13 and D8TVMILWAUKEE, Wis., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Enerpac Tool Group Corp. (NYSE: EPAC) announced today that it will release its first quarter fiscal 2025 earnings after the market closes on Wednesday, December 18, 2024. Management will conduct a conference call to discuss the results on Thursday, December 19, 2024, beginning at 8:30 a.m. ET / 7:30 a.m. CT. A real-time webcast of the conference call can be accessed via the Investors section of the Company’s website here . For those who are unavailable to listen to the live broadcast, a replay will be available shortly after the call for 90 days. About Enerpac Tool Group Enerpac Tool Group Corp. is a premier industrial tools, services, technology and solutions provider serving a broad and diverse set of customers in more than 100 countries. The Company makes complex, often hazardous jobs possible safely and efficiently. Enerpac Tool Group’s businesses are global leaders in high pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC. For further information on Enerpac Tool Group and its businesses, visit the Company's website at www.enerpactoolgroup.com . Contact: Travis Williams Senior Director, Investor Relations 262.293.1913