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Can Wireless Technologies Rescue U.S. Hospitals?
Friday, May 09, 2008
NEW YORK, May 9 /PRNewswire/ -- The number of U.S. hospitals has decreased
by 20% in the last 30 years, from over 7,000 in 1975 to 5,747 in 2007.
Meanwhile, staff shortages, shortfalls in Medicare reimbursements, non-paying
patients, increases in medical errors, and rising administrative and energy
costs are squeezing hospitals. To counter these challenges, streamline
processes and reduce costs, hospitals are increasingly turning to the use of
wireless technologies.
According to a new report by Kalorama Information, Wireless in Healthcare
2008 (The Market for Bluetooth, RFID, Zigbee, UWB WWAN, WMAN, WLAN and other
technologies), the use of wireless technologies in healthcare continues to
expand with hospitals leading the way. Wireless sales in healthcare reached
$2.7 billion in 2007, growing at 22.9% annually since 2005. Kalorama expects
continued strong growth with a CAGR of 29.5% resulting in sales of $9.6
billion by 2012.
The clinical environment is highly mobile -- medical personnel need fast
information they can act on. A shortage of nurses and physicians creates
pressure on hospitals to use staff more productively. Implementing
WPAN-enabled PDA units, RFID wands, and other wireless technologies will help
fewer nurses and doctors serve a growing number of patients in a more
effective and efficient manner, while reducing errors and costs.
"It's no surprise that hospitals are earmarking large portions of current
and future budgets to wireless development," notes Bruce Carlson, Publisher of
Kalorama Information. "In 2003, 25% of US hospitals had wireless. That figure
will be somewhere between 80% and 90% in 2010."
Approximately 72% of all healthcare organizations in the U.S. increased
their IT budgets between 2006 and 2007, while 67% did so in 2005 and 60% in
2004.
Kalorama Information's report Wireless in Healthcare 2008 (The Market for
Bluetooth, RFID, Zigbee, UWB WWAN, WMAN, WLAN and other technologies) details
the latest wireless trends in the healthcare market, an area ripe for growth.
It includes market size, forecasts through 2012, product reviews, company
profiles and eight case studies of wireless technologies in action. The report
can be purchased directly from Kalorama Information by visiting
http://www.kaloramainformation.com/Wireless-Healthcare-Bluetooth-1614105/ .
About Kalorama Information
Kalorama Information supplies the latest in independent market research in
the life sciences, as well as a full range of custom research services.
Kalorama routinely assists media with healthcare topics, and can provide
experts to speak about markets in the life sciences industry. For more
information, contact Andrea Hiller at 212-807-2673 or
press@kaloramainformation.com, or visit http://www.kaloramaInformation.com.
SOURCE Kalorama Information
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