Wireless and Remote Patient Monitoring Poised For Growth
Reportlinker.com has come out with a new report that discusses the growing wireless and remote patient monitoring market. The data they are using is for the US market in 2011 and forecasted to 2016.
However unless you have $3,995 for a single user license you probably aren’t going to read it.
The criteria for remote or wireless patient monitoring devices is that they have features that allow them to share data outside the immediate patient care area. Features from these devices range face-to-face interaction to remote tracking ability. Many of these systems now have to functionality to integrate with EMRs or electronic health records.
Some of the devices are cable of monitoring patient vital signs, blood gas monitors, blood pressure, glucose meters, pacemakers, ICD monitors and the list goes on.
The report covers three product categories; Wireless and remote patient monitors, patient data processing applications and equipment and EMR data transfer equipment that communicates and transfers data to a hospital’s electronic health record.
Many companies have entered this growing field. Among the offerings discussed in the report are the following:
- American Medical Development (AMD) Telemedicine Products
- American TeleCare
- Cybernet Medical Corporation
- Drager Medical
- GE Healthcare
- GlobalMedia Group
- Honeywell HomMed
- InTouch Health
- LifeWatch Technologies
- Philips Medical Systems
- St. Jude Medical
- Second Opinion Telemedicine Solutions, Inc.
- Welch Allyn
There are four primary markets for these new technologies:
- Home healthcare;
- Nursing homes; and
- Other (including first responders, institutional, physician offices, and military)
Disease categories being monitored remotely:
In addition to providing market sizes by venue serviced, the report also breaks out the market for remote and wireless patient monitoring based on the disease category being monitored by these devices for the following categories:
- Asthma Monitoring
- COPD Monitoring
- CHF Monitoring
- CHD Monitoring
- Cancer Monitoring
- Diabetes Monitoring
- Other Disease Monitoring
Patient data processing applications and equipment use algorithms to evaluate monitoring measurements for a patient’s specific condition(s). Usually, these can be customized by the physician, with reports sent to the physician. In the market for high-tech patient monitoring systems, the applications and equipment are either integrated into the patient monitoring system or are add-ons to the measuring systems. As with data processing, EMR data transfer equipment and applications for this report are either components of, or add-ons to, patient monitoring systems. This report does not include EMR applications.
Most players in the market are discussed as part of Kalorama’s competitive analysis of the remote patient monitoring market. In addition, as part of our coverage of the marketplace for remote and wireless systems, several major manufacturers are profiled in detail in this report.