Patient monitoring technology market to reach $5.1B by 2020

Patient monitoring technology market to reach $5.1B by 2020

fiercehealthit.com – The U.S. market for patient monitoring technology–increasingly moving outside the hospital–is expected to grow to more than $5.1 billion by 2020, according to a new report by iData Research.

The report points to the growth of multi-parameter vital sign monitors, electroencephalograms (EEG), electromyograms (EMG), cerebral oximeters and pulse oximetry devices in particular for fueling that growth. The pulse oximetry-monitoring market alone is expected to exceed $1 billion by 2020, it according to an announcement.