The market for home health monitoring of chronic diseases was worth about $11 billion last year, according to a report from Berg Insight. The analyst firm estimates that the market is growing about 10 percent annually. Berg estimates that some 300 million people in the EU and the US have at least one chronic disease that may benefit from home health monitoring.

Of those 300 million people, Berg estimates:
25 percent, or 75 million people would benefit from existing wireless home monitoring solutions currently available.
50 percent, or 150 million people would benefit from integrating or connecting existing medical devices with their mobile phones.

Berg listed cardiovascular irregularities, respiratory problems and diabetes as examples of conditions where home monitoring can become a treatment option.

"We foresee a development where health and medical monitors are networked to the personal handset via Bluetooth or other short-range technologies," Tobias Ryberg, Senior Analyst, Berg Insight told Telecommunications Magazine. "There will also be a plethora of health-related smartphone apps that will be able to receive and analyze data from medical devices."

For more read this article from Telecommunications Magazine