Remote monitoring market to grow 25% annually, tele-ICU to blossom
Healthcare market research firm Kalorama has reported a $7.1 billion market for remote patient monitoring in 2010 in the U.S., and expects an annual 25.4 percent growth rate, reaching $22.2 billion by 2015.
A shortage of intensivists, cardiologists and nurses in the next five to 10 years is causing an increase in eICU systems in the critical care, according to the report, “Remote & Wireless Patient Monitoring Markets,” which noted the Swedish Medical Center in Seattle and Sentara Healthcare in Norfolk, Va., among those that have adopted the new technology. Both facilities have reported improvements in patient care as a result, and Kalorama expects providers to continue adoption.
The report covers three product areas—wireless and remote patient monitors, patient data processing applications and equipment, and EMR data transfer equipment and applications, which coordinate the flow of data to hospital EMR systems.
Kalorama provides data for the 2010 U.S. market and projections to 2015, using annual reports, trade publications and interviews with industry executives as sources.
A shortage of intensivists, cardiologists and nurses in the next five to 10 years is causing an increase in eICU systems in the critical care, according to the report, “Remote & Wireless Patient Monitoring Markets,” which noted the Swedish Medical Center in Seattle and Sentara Healthcare in Norfolk, Va., among those that have adopted the new technology. Both facilities have reported improvements in patient care as a result, and Kalorama expects providers to continue adoption.
The report covers three product areas—wireless and remote patient monitors, patient data processing applications and equipment, and EMR data transfer equipment and applications, which coordinate the flow of data to hospital EMR systems.
Kalorama provides data for the 2010 U.S. market and projections to 2015, using annual reports, trade publications and interviews with industry executives as sources.