Thursday, July 8, 2010

Market for handheld healthcare devices is growing

The market for hand held healthcare devices could reach $8.8 billion by the end of 2010 according to Mobi Health News. Much of this is credited to the healthcare stimulus package, but also the $5.3 billion that was spent on healthcare that was spent on healthcare monitoring tools.

According to a report recently issued by Kalorama:

Patient monitoring devices account for the largest share of sales in the handheld market, largely due to the range of products available, the number of conditions requiring monitoring, and increasing demand for essential monitoring products in portable sizes, such as ultrasound and ECG. Administrative devices have exploded over the last five years with the growing use of PDAs, smartphones, and tablet PCs taking hold in the healthcare industry.

Read the full article here.

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