During the next five years more than 50 million wireless health monitoring devices for consumers will ship, according to a report from IMS Research. In 2016 about 80 percent of these consumer-facing wireless medical devices will be purchased by the consumers themselves, the firm predicts.
The demand for self-monitoring is outpacing telehealth implementations, according to IMS Research. Consumers are interested in self-monitoring and managing their own care at home despite the small number of healthcare systems adequately setup to support such tracking. Even so, the proportion of wireless devices used in managed telehealth programs is also set to grow from 5 percent in 2011 to about 20 percent in 2016, according to the report.
“Due to the relatively slow deployment of managed telehealth systems, which is in part due to a reluctance from health providers to move past trials, issues with reimbursement, and stringent regulations related to the use and storage of medical data, medical devices used by the consumer to independently monitor their health will provide the biggest uptake of wireless technology in consumer health devices over the next five years,” Lisa Arrowsmith, senior analyst at IMS Research, said in a statement.
“The increase in consumer familiarity with mobile applications as well as an increased awareness of the importance of monitoring health levels is driving the market for connected health devices,” Arrowsmith stated. “Many consumers already utilize smartphone apps to track their own health and fitness results, with devices such as activity monitors and heart-rate monitors. Now, there is increasing availability of health-related peripheral devices such as blood pressure monitors to track and upload information in real-time via a wireless or wired connection to devices such as smartphones and tablets.”
More details about IMS Research’s latest report in the press release below: Keep reading>>