A new report from medical market research firm Kalorama Information pegs the U.S. market value for remote patient monitoring at $7.1 billion, with annual growth averaging about 25 percent and a $22.2 billion market by 2015.

One big growth area is adoption of remote monitoring systems for intensive care units as shortages of intensivists, cardiologists and critical care nurses continue. Patient mortality at Virginia-based Sentara Healthcare dropped 25 percent while length of stay in the ICU fell by 17 percent and per patient costs on reduced expenses and increased ICU capacity went down about $2,150, according to the firm.

The report, "Remote and Wireless Patient Monitoring Markets," costs $3,995 and is available here.


Register or login for access to this item and much more

All Health Data Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access