The market for wireless devices that monitor patients’ condition and report that data to healthcare providers will post a 77% CAGR resulting in global revenue of almost $950 million in 2014, according to a new study from ABI Research.
ABI Research vice president Stan Schatt says that in the future, we will see entire cellular networks designed as managed services for handling these machine-to-machine communications.
While wireless healthcare is a global market, the cost of the equipment means that much of the activity in this segment so far is in the United States.