In Patient Monitoring Market, Telemedicine More Than Doubled Since 2007

The telemedicine segment of the patient monitoring market grew from $4.2 billion in 2007 to over $10 billion in 2012, according to "Advanced Patient Monitoring Systems," by Kalorama Information, a medical market research firm.

According to the report, the aging population, rising healthcare costs and dwindling resources have led to the increased use of patient monitoring. The market is also growing fast due to the increase in awareness regarding new wireless and remote technologies for healthcare purposes, according to the report.

More Articles on Telemedicine:

Telemedicine Fills Physician Recruitment Gaps at Nantucket Cottage Hospital
FCC Announces up to $400M in Funding to Create, Expand Telemedicine Networks
3 Ways Telemedicine Can Help Alleviate the Physician Shortage

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