Market Overview

Global Wireless Patient Monitoring Market Outlook to 2023 -


The "Wireless
Patient Monitoring - Global Market Outlook (2017-2023)"
has been added to's offering.

Factors attributing the market growth are shortage of doctors and
nurses, therapeutic treatment and growing incidence of cardiovascular
disease, technological advancements in data recording, rise in the
healthcare needs of the geriatric population.

However, the lack of reimbursement, high cost and incapability to alert
the caregiver for any complication are the restraints for the market
growth. However, the increasing awareness for telemedicine and the
replacement of older equipment with new wireless ones is likely to
create an opportunity for the market. Security for the mobile monitoring
devices, medico-legal issues and cost-effectiveness are few challenges
witnessed by the market.

Based on application, for Diabetes Monitoring Device, the sensor
implanted in the body identifies the level of glucose in blood. Recent
developments in implantable sensors, can be used to incorporate insulin
pumps, which allow for instant insulin administration. Consequently,
there is high consumer demand for a continuous glucose monitoring
system. Abbott launched the FreeStyle Navigator II CGM system in 2011 in
some European countries.

Based on Product, Cardiac Monitoring System provides physicians the
means to prescribe ambulatory cardiac monitoring procedures completely
through wireless for their patients. The FDA cleared a portable cardiac
monitoring device that offers ECG technology and a digital stethoscope
for patients with heart disease. There are several FDA-approved ECG
patch monitoring devices currently available. CardioMEMS is a passive,
wireless, radiofrequency sensor implanted into the pulmonary artery that
continuously monitors pulmonary artery pressure.

North America will dominate the market due to high purchasing power.
Asia Pacific is expected to increase significantly due to increasing
number of medical interventions.

Some of the key players in Global Wireless Patient Monitoring
market are

  • American TeleCare
  • Cardiocom
  • Carematix
  • Cybernet Medical Corporation
  • Drager Medical
  • GE Healthcare
  • Globalmedia Group
  • Honeywell HomMed
  • Infinium Medical
  • LifeWatch Technologies
  • Medtronics Inc
  • Philips Healthcare
  • St. Jude Medical
  • Welch Allyn

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