The U.S. patient monitoring market is projected to grow to more than $5 billion by 2020, thanks to double-digit growth over the next five years in the telehealth market, according to iData Research.

By 2020, the firm predicts that telehealth for disease conditions management will account for more than half of the total telehealth market, fueled by the demand for customized healthcare solutions, increased chronic illness among an aging population, and strained healthcare budgets.

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