Wireless Technology And The Rise Of “Anywhere” Monitoring
The emerging market for wireless and remote monitoring technologies comes at a time when providers are looking for new tools to not only keep patients out of the hospital, but also to prevent unnecessary readmissions. These goals, along with a growing list of enabling technologies in the pipeline, are helping drive health care toward an era of unprecedented connectivity – one in which physicians and other care givers are able to monitor and even treat patients whenever needed wherever they may be – a shift that many believe will profoundly change health care as we know it.
You may also be interested in...
Remote monitoring is proving to be the driving force in the industry’s quest to reduce costs by keeping patients out of hospitals, and telemedicine is positioned to become a major part of that scheme. However, telemedicine has a number of components and players, and while the market offers opportunities, it could also prove to be somewhat disruptive to companies and products that do not fit in the envisioned landscape.
Near field communication could potentially allow physicians to wirelessly track and control medical devices more securely, opening up a whole new realm of possibilities.
The US market for vital signs monitoring equipment is expanding as hospitals increasingly move away from traditional, wired modular and portable monitoring systems to embrace the wireless monitoring trend that is enveloping health care today. Wireless telemetry monitoring is expected to post growth of more than 11%, compounded annually, according to Medtech Insight’s new report, “U.S. Markets, Trends, and Opportunities in Patient Monitoring Products.”