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Wireless Medical Technologies
A Strategic Analysis of Global Markets
13th October 2006
Wireless Medical Technology comes of age - boosted by Next-generation Telecoms Networks
New Report Predicts 290% Market Growth of US$7 billion in five years to 2011
Increasing longevity and booming economies - accompanied by massive advances in technology - mean that there is a growing demand for telemedicine services that telecoms operators, service providers, and equipment manufacturers can no longer ignore. A new report from International Telecoms Intelligence (ITI) shows that these factors - as well as pressures to reduce medical costs and a projected shortage of nursing staff - will drive growth in the market for wireless technologies by nearly 58% per year for the next five years.
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ITI's telecommunications market analysis reports focus on individual countries or regions. Market intelligence reports provide an invaluable mix of vital market data and background information and are currently available for more than 50 telecommunications markets.
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The full new report, Wireless Medical Technologies: A Strategic Analysis of Global Markets is available to order online from ITI at the low price of £995/$1995/€1595.
[CLICK HERE TO ORDER THE FULL REPORT NOW]
Wireless Medical Technology Consolidated Market Growth, 2006-2010 (US$ m)
| |
2006 |
2007 |
2008 |
2009 |
2010 |
| Medical Technology Market (Wireless) |
1,381 |
1,880 |
2,601 |
3,637 |
5,126 |
| Wireless Network Market |
3,001 |
3,429 |
3,972 |
4,664 |
5.524 |
| TOTAL |
4,382 |
5,309 |
6,573 |
8,301 |
10,650 |
Wireless Medical Equipment Market Forecasts 2006-2010 (US$ m)
| |
2006 |
2007 |
2008 |
2009 |
2010 |
| Remote Monitoring Systems |
78 |
116 |
167 |
241 |
345 |
| Point of Care Systems |
208 |
287 |
398 |
551 |
762 |
| Data Management Systems & Software |
312 |
432 |
599 |
831 |
1,152 |
| Home Medical Equipment |
257 |
377 |
553 |
811 |
1,190 |
| RFID |
526 |
668 |
883 |
1,204 |
1,678 |
| TOTAL |
1,381 |
1,880 |
2,601 |
3,637 |
5,126 |
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The hardware and software used by telemedicine services has been around for many years, but lacked sufficient quantities of robust and secure broadband access to guarantee high quality standards in terms of delivery and interactivity. Now, with major public telecoms companies such as Verizon Communications and AT&T offering very high-speed connections as commonplace, and with wireless broadband becoming almost ubiquitous in many major cities around the world, the market can come of age.
But where are the opportunities for telecommunications service providers and equipment manufacturers likely to emerge? What kinds of networks do they need to build for health service customers? What kinds of technologies are best suited to the various services needed by the healthcare market? Who are the equipment makers needing investment to build their businesses quickly enough to address this phenomenal growth? And which companies are already exploiting this multi million-dollar market?
The full new report, Wireless Medical Technologies: A Strategic Analysis of Global Markets is available to order online from ITI at the low price of £995/$1995/€1595.
[CLICK HERE TO ORDER THE FULL REPORT NOW]
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Latest Company Research
ITI's telecoms company reports provide essential information on network operators and equipment manufacturers. The reports are concise and easy to read, outlining the company's recent activities and corporate strategy, and providing essential financial and contact details.
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Wireless Medical Technology: A Strategic Analysis of Global Markets describes how the market will grow, where that growth will occur, and identifies those players poised to benefit most from increased investment in the sector. Use this report to discover:
- information on existing medical technologies as well as those under development;
- an overview of the existing US and global wireless medical technology markets, illustrated with data covering current and future market demographics and spending;
- competitive intelligence and market perspective on the top 10 major vendors in the markets for network technology, software, and medical technology;
- real-world case studies, examining early-adopter applications and implementation of successful trials;
- thorough assessments of the various types of network technology being deployed today;
- details on financing schemes contributing to growth in the market, including venture capital and public financing; and,
- information on key growth drivers and potential barriers to growth.
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International Telecoms Intelligence
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Publisher: Mark Hamson, email mhamson@itireports.com
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