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Business Intelligence Authors: Liz McMillan, Elizabeth White, Dana Gardner, Pat Romanski, William Schmarzo

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Market for Wireless Technologies in Healthcare Set to Explode!

Market for Wireless Technologies in Healthcare Set to Explode!

NEW YORK, Jan. 18 /PRNewswire/ -- With a five year compound annual growth rate projected at 33 percent, the market for wireless technologies in healthcare in the U.S., valued at $1.8 billion in 2005, is expected to soar to more than $7 billion in 2010, according to Wireless Opportunities in Healthcare, a new study released today from market research firm Kalorama Information.

As the need for real-time access to data for streamlining healthcare decision making processes increases, technologies, such as Zigbee, RFID, and WWAN, are expected to grow exponentially, with Zigbee alone showing a CAGR of 75% over a five year period. Wireless Local Area Networks (WLAN), currently the dominant technology with a 36% market share, and Bluetooth will continue to be the most widely sought after technologies, but will lose market share to the aforementioned three sectors, which are swiftly gaining a foothold in the healthcare arena.

Successful implementations of wireless technologies in numerous healthcare applications have moved wireless technologies from simple conjecture to reality. With the possibility of improved patient care, cost savings, remote patient monitoring, and greater regulatory compliance as just a few of the benefits, the idea of going wireless as a godsend for everyone from formal healthcare facilities to physician offices and diagnostic laboratories is catching on.

"The enormous impact on healthcare -- not only in the U.S., but in the global market as well -- is already happening," notes Steven Heffner, publisher of Kalorama Information. "This is a key opportunity not only from a healthcare perspective, but also from the technology provider aspect where both the current market leaders and new entrants into the field have a green light for substantial growth."

Wireless Opportunities in Healthcare is a groundbreaking report on the advent of both the technologies being used and their applications in the global healthcare milieu. It includes in-depth company profiles, trends that will push market expansion, and cost factor analyses for the planning and implementation of wireless IT in a variety of healthcare settings. It can be purchased directly from Kalorama Information by visiting http://www.kaloramainformation.com/Wireless-Opportunities-Healthcare-136.... It is also available at http://www.marketresearch.com/.

About Kalorama Information

Kalorama Information, a division of MarketResearch.com, supplies the latest in independent market research for medical markets. For more information, contact Tom Ehart at 240-747-3014 or [email protected], or visit http://www.kaloramainformation.com/.

Kalorama Information

CONTACT: Tom Ehart of MarketResearch.com, +1-240-747-3014,
[email protected]

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