Division of BioTelemetry Inc.
Latest From LifeWatch Corp.
US Patient Monitoring Devices Market Forecast To Grow $500 Million By 2019 Despite Pricing Pressures, Spending Slowdown
Despite slowdowns in capital equipment spending and strong pricing pressures, the US patient monitoring device market will grow by over $500 million between 2014 and 2019, reaching more than $2.5 billion by 2019 – a CAGR of almost 5%. Several factors are driving growth in this market, including the need for seamless solutions that can provide monitoring from hospital to home, and the growing adoption of portable and wearable technologies.
The mobile electrocardiogram innovator hopes to expand its system beyond smartphones to the Apple Watch with a new EKG on a wrist band that is under review by FDA. AliveCor also launched new capabilities for its current system, including voice recording to provide more clinical context for mobile heart readouts.
Mobile health implementation is expected to roll out in large hospitals in China, fundamentally changing how patients, service providers and suppliers interact.
- Monitoring Equipment & Devices
- Therapeutic Areas
- North America
- Parent & Subsidiaries
- BioTelemetry Inc.
- Senior Management
- Contact Info
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Buffalo Grove, IL 60089
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