Worth of Remote Patient Monitoring Market May Hit $46B by 2017

The total global market for remote patient monitoring is currently estimated at nearly $22 billion and is expected to be worth $46 billion by 2017, according to a whitepaper released by MarketResearch.com.  

The whitepaper, called "Healthcare IT, Patient Monitoring & Telemedicine," examines the health IT marketplace, including patient monitoring and telemedicine.

According to the whitepaper:

•    U.S. healthcare spending as a percent of GDP is expected to increase to almost 20 percent by the year 2021.
•    More than $4 billion is spent annually in the U.S. for implementing and operating wireless technologies in the healthcare industry, and growth is expected to remain strong at 16 percent annually.

More Articles on Remote Patient Monitoring:

Report: ER Overcrowding, Diversion Drive Patient Monitoring Systems' Market Growth
Remote Health Monitoring Market Projected to Hit Nearly $295M by 2015
Stamford Hospital in Connecticut Launches Remote Monitoring Program for Employees

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