Business
Growth spurt in spending on disease-management technology
■ An occasional snapshot of current facts and trends in medicine.
Quick View. Posted March 23, 2009
Revenue | |
---|---|
2008 | $108.8 million |
2009 | $141.6 million |
2010 | $213.3 million |
2011 | $329.7 million |
2012 | $414.9 million |
2013 | $461.9 million |
Use of home monitoring systems is increasing, and expected to fuel an upswing in the personal health technology sector.
Forecasts suggest the number of patients using disease-management technologies will grow exponentially over the next few years. A recent study by the market research firm Parks Associates projects that revenue will rise from about $100 million in 2008 to more than $460 million in 2013.
Source: "Disease Management Industry and High-Tech Adoption," Parks Associates, February (link)