Thursday, March 29, 2012

Patient Monitoring Market Pegged At $4.2B By 2018

Monegain, Bernie. “Patient Monitoring Market Pegged At $4.2B By 2018.” Health IT News, March 28, 2012.

From the article: "The U.S. patient monitoring market, valued at more than $3.1 billion in 2011 is expected to grow to nearly $4.2 billion by 2018, according to to a new report by iData Research.

Researchers say the growth will be driven by the rapid adoption of wireless ambulatory telemetry monitors, and low-acuity vital signs monitors as well as telehealth for both remote monitoring of chronic conditions and for patients with cardiac implantable devices. Traditional monitoring products including multi-parameter vital signs monitoring, telemetry, fetal and neonatal monitoring will continue to grow to replace outdated systems." Read more