Wireless Ambulatory Telemetry Monitoring Market Analysis | United States | 2017-2023 | MedCore
- Year: 2017
- Scope: 2013-2023
- Region: United States
- Pages: 58
- Published Date: 9/1/2016
- Type: MedCore
The market consists of individual patient-worn monitors as well as the associated central stations which collect data from several monitors throughout a department or hospital unit. Typically, new installations will often see a central station accompany between eight and twelve patient-worn monitors; however, as cost-saving initiatives are implemented in the wake of reduced capital equipment expenditures, this number often increases to between 12 to 20 patient-worn units per central station. Over the forecast period the total market will continue to see moderate growth driven by a prevalent interest to invest in patient-worn monitors across unmonitored lower-acuity hospital settings. Acute care areas where telemetry is seeing increased adoption include the recovery and general care floors, where continuous monitoring helps to reduce avoidable complications, as well as critical care settings, such as the cardiac care unit (CCU). On the other hand, new efforts to combat excess strain on hospital resources and alarm fatigue are expected to temper future growth. Revenue is thus projected to increase steadily, albeit at a slower rate, towards the end of the forecast period.
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