In a recently released study, titled, “Wireless Healthcare: Analysis & Forecasts,” international research firm Parks Associates predicts that the U.S. market for wireless home-based healthcare applications and services will grow at a five-year cumulative annual growth rate of over 180 percent. This will turn the Wireless Healthcare sector into a $4.4 billion industry in 2013, states the research firm.

According to the Parks Associates (News - Alert) report, the push for healthcare reform from the Obama Administration will push the adoption of wireless technologies in healthcare. The Federal Government recognizes that technology can improve healthcare efficiency and has reserved considerable funding to encourage the same, claims the report.

“Wireless is an important crossover point for the healthcare sector and high-tech industry," said Harry Wang, Director, Health & Mobile Product Research, Parks Associates. “Device and service connectivity is the model for future home care applications, and mobile networks will link a growing number of monitoring products to healthcare providers.”

From the article, "Wireless Home Healthcare to be $4 Billion Industry by 2013" by Raju Shanbhag

Next: Wireless Healthcare: Analysis and Forecasts Q3 09 - Personal Health Applications and Service to Benefit from Mobile Technology and Wireless Connectivity
Previous: NETGEAR Introduces Industry's Most Comprehensive Parental Controls for Consumer Wireless Routers and Gateways"

Be the first to leave a comment.

Have a comment? Login or create an account to start a discussion.