Global Market for Advanced Patient Monitoring Worth $22 Billion

Global Market for Advanced Patient Monitoring Worth $22 BillionAdvanced patient monitoring. It’s definitely a growth market.

According to the data presented in’s new — and free — whitepaper Healthcare IT: Patient Monitoring and Telemedicine, current estimates indicate that the value of the total global market for advanced patient monitoring is now $22 billion.

But we haven’t necessarily seen anything yet. The market, we’re told, is expected to reach $46 billion in 2017.

Studies show as much as 20 percent of patients seek second medical opinions. It is becoming more common for patients to reach out to online medical consultants, such as those offered by Massachusetts General Hospital, Cleveland Clinic, or other private businesses.  The most commonly requested online opinions concern cancer, neurosurgery, cardiology, and orthopedics.

To learn more, download the free white paper here.

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