Healthcare IT News On Kalorama Top 5 Trends

Healthcare IT News On Kalorama Top 5 Trends

Healthcare IT News featured Kalorama’s five top healthcare trends of 2014 in its Dec. 30th edition, taking special note of the growth of patient monitoring systems that Kalorama Information projects over the next five years.  The trend analysis we issued for last year is based on the markets we’ve studied and the requests we’ve received from customers as areas they’d like to have greater insight into..  Other media outlets that took note of our trends include Pharma Times, Drug Store News, Dot Med and The Pharma Letter. 

The article notes that PM systems will grow a lot faster than standard medical devices:

In fact, according to the firm’s 2013 telemedicine market analysis, the sector is poised for some serious triple digit expansion over the next few years. We’re talking a whopping 237 percent growth in the market. In 2007, the world’s telemedicine patient monitoring market was pegged at $4.2 billion. In 2012, that number more than doubled to $10 billion.

And, although, researchers consider the telemedicine market to be "small-to moderate" in size, with aging populations, rising healthcare costs and as more providers go digital, it won’t stay that way. In fact, experts project it to reach $29 billion by year’s end, growing at a rate of 9 percent over the next four years.