Increased Implementation of RTLS Solutions Will Expedite the Connected Health M2M Market in the US Through 2019: Technavio

Renewable energy

 

London, 24 August 2015 – Technavio has published a new report on the connected health M2M market in the US, which is expected to grow at a CAGR of almost 29% from 2015-2019.

About the Report

The new report by Technavio pinpoints the growing popularity of real-time location system (RTLS) solutions, as most of the hospitals in the US are implementing RTLS solutions to improve efficiency, reduce cost, maintain asset management to locate equipment such as hospital beds, wheelchairs, ventilators, oxygen cylinders, and infusion pumps.

“RTLS solutions assist in monitoring employees, tracking ambulances, and organizing hospital management systems. These solutions are also used to monitor temperature of the refrigerators used for preserving medicines,” says Faisal Ghaus, Vice President of Technavio.

The latest report by Technavio also emphasizes remote patient monitoring, an application through which physicians can monitor the health of patients from remote locations.

“Elderly people suffering from chronic diseases becomes increasingly dependent on their families and caregivers. Remote patient monitoring is a solution to this issue, and thus, is expected to propel market growth during the forecast period,” says Ghaus.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and growth prospects of the connected health M2M market in the US from 2015-2019. To calculate the market size, the report considers revenue generated from the connected health M2M services in the US.

Key Information Covered in the Report:

Key Vendors:

  • AeroScout
  • Allscripts Healthcare
  • athenahealth
  • Zebra Technologies

Market Growth Drivers:

  • Increase in aging population and chronic diseases
  • For a full detailed list, view our report.

Market Challenges:

Market Trends:

  • Integration of wearable devices with EHR
  • For a full detailed list, view our report.

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