Twease.org - New Report Added in Healthcare Reports Database Remote and Wireless Patient
Monitoring Markets
Advanced patient
monitoring systems that provide wireless or remote patient monitoring 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.
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 2010 and forecasted to 2015.
To Browse Full Toc Visit: http://www.twease.org/report/remote-and-wireless-patient-monitoring-markets.htm
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.
Related
Reports:
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.
Our Methodology:
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.
All Kalorama reports advertise the
single user price, which limits access to one user. We also feature department
and global pricing for reports that will be utilized by more than one user at
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license on our website.
New technologies in remote patient
monitoring have the potential to combat soaring healthcare costs and personnel
shortages, and reduce hospitalization times, according to Kalorama Information.
In a new report, the healthcare market research firm values the U.S. market for
remote patient monitoring at $7.1 billion in 2010 and forecasts an annual
growth rate of 25.4%, reaching $22.2 billion by 2015. The report details one
area of remote patient monitoring that is blossoming, the 'eICU' or 'tele-ICU.'
Due to the predicted shortages of
intensivists, cardiologists and nurses in the U.S. in the next 5 to 10 years,
the concept of these eICU systems in a critical care setting is growing. The
Swedish Medical Center in Seattle has been in the vanguard with the adoption of
an eICU, according to Kalorama's report. This medical center installed the
Visicu (Philips Healthcare) electronic ICU, which allows intensivists and
critical care nurses at the eICU command center to make virtual rounds of
patients through an elaborate network of cameras, monitors, and two-way
communication links via T1 lines. Another facility, Sentara Healthcare in
Norfolk, Virginia, also installed an eICU program and has reported that it
reduced intensive care mortality rates by 25% and shortened the average length
of stay for patients in the eICU setting by 17%. In this example, per patient
costs dropped $2,150 based on reduced patient expenses and increased ICU
capacity, generating approximately $3 million in savings for the facility.
"With an eICU intensivists can
remotely monitor the condition of patients, check vital signs, and communicate
with hospital personnel, patients and their families in multiple locations from
one command center," said Bruce Carlson, publisher of Kalorama
Information. "It should help to relieve stress on cardiologists, critical
care physicians and nurses."
Philips' Visicu is just one of many
systems hospitals are purchasing for remote patient monitoring. Products by
Draeger AG, GE Healthcare and Abbott are among those featured in Kalorama’s
report and figure into their market numbers.
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