Remote and Wireless Patient Monitoring Markets

Jul 5, 2012
200 Pages - Pub ID: KLI3948934
Attention: There is an updated edition available for this report.
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Advanced patient monitoring devices have wireless or remote monitoring features allowing them to share data outside the immediate patient care area continue to see sales growth. Features on these devices can range from basic remote tracking ability to “face-to-face” interaction between clinicians and patients, or even data sorting of the vast amount of data collected in order to put it into the context of a patient’s condition. Many systems now transfer data to an electronic medical record (EMR), and some come with full-service outsourcing.

Patient monitoring parameters range from basic vital signs toelectrocardiograms (ECGs).  Patient monitoring peripherals and systems include blood gas monitors, blood pressure monitors, cameras, glucose meters, pacemaker monitors, ICD monitors, ultrasound, thermometers, weight scales and other functions.  

This Kalorama Information report, Remote & Wireless Patient Monitoring Markets 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 electronic medical record systems. Data is provided for the US market in 2011 and forecasted to 2016.

Many companies have entered this growing field. Among the offerings discussed in the report are the following:

  • Abbott
  • American Medical Development (AMD) Telemedicine Products
  • American TeleCare
  • Cardiocom
  • Carematix
  • Cybernet Medical Corporation
  • Drager Medical
  • GE Healthcare
  • GlobalMedia Group
  • Honeywell HomMed
  • Intel
  • InTouch Health
  • LifeWatch Technologies
  • MedApps
  • Medtronic
  • Philips Medical Systems
  • Roche
  • St. Jude Medical
  • Second Opinion Telemedicine Solutions, Inc.
  • Welch Allyn
There are four primary markets for these new technologies:
  • Hospitals;
  • 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.

This report was constructed using both a primary and secondary research approaches. Annual reports, trade publications and other sources were thoroughly researched, and interviews conducted with industry executives were used to make assessments of markets and to discover trends and construct forecasts.

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For Kalorama's take on the healthcare news of the week, based on our analysis of healthcare markets, follow Kalorama Information's Key Point Blog at http://kaloramakeypoint.blogspot.com/

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