The newest study to hit the streets from TechNavio projects the global (Americas, EMEA, APAC) remote patient monitoring market to achieve $9.4 billion in 2014 with a CAGR of 5.2%, accurately pointing out that complexity on determining ROI for the higher-end technology is a key limiter of growth. But what about the other projections floating about like soap bubbles in a breeze?
- Kalorama: 26% annual growth through 2014 with $6 billion this year alone
- Berg Insight: home health monitoring for ‘welfare diseases’ (chronic conditions) pegged at $10 billion in 2010
- Juniper Research is estimating savings by 2014 of between $1.96 billion and $5.83 billion for cellular RPM (so what is the base?)
- RNCOS’ report: 17% growth in mobile health alone between 2010 and 2011, to $2.1 billion, escalating to 22% growth 2012-14.
Brian Dolan over at Mobihealthnews gives a quick roundup of the bubbles and the numbers (RNCOS here). Since their bases are all a little different, Ed. Donna gives the gimlet eye to all these studies but congratulates the researchers’ courage to guess…and sell reports. TechNavio study (@ $1500) and press release