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Medical Wireless Market Set to Explode Increasing 770% Annually
Posted: 18-Mar-2013 [Source: American Diversified]

[According to ABI Research, 5.7 million patients will be monitored with a wireless medical device by 2014, compared with 320,000 today. This represents a $950 million market and a 770% compound annual growth rate.]

Del Mar, CA -- Technological advances, coupled with promises of lowered costs and improved customer care, are increasingly getting hospitals interested in wireless patient monitoring devices. According to ABI Research, 5.7 million patients will be monitored with a wireless medical device by 2014, compared with 320,000 today. This represents a $950 million market and a 770% compound annual growth rate

American Diversified Holdings Corporation (ADHC) has refocused its corporate direction and is in the processing of creating a secure mobile application platform in the mHealth arena specifically designed for the Apple iPhone, iPod touch, iPad and other mobile platforms including the Android platform developed by Google.

Management has been working with leading developers and expects to unveil products capable of generating significant revenue in the 2nd quarter of 2013. Remote Health Monitoring Systems, Electronic Medical Records and Personalized Medicine are the areas of the Health Care sector that ADHC's team is currently addressing for the mobile applications market.

The latest report from market research firm Gartner indicated the Mobile Apps Markets is poised for continued growth for 2014 predicting 185 billion downloaded, for a total of $58 billion in revenue.

The healthcare industry is among the fastest growing handheld device markets. The total market for handheld devices in healthcare reached $8.8 billion in 2010, a 7% increase from 2009. The estimated market in the mobile health care sector are estimated to grow in line with the general market estimates.

"We are excited to be at the forefront of the development of secure mobile software that will aid in the collection, analyzing and presentation of data for the healthcare market. Our technology partners have been developing software in the security and data protection markets for over ten years and we look forward to taking that expertise into the mobile platform market. We are very optimistic that we can work with the Healthcare Industry and Healthcare providers to acquire content for the fast growing mobile platforms," commented ADHC.

The App Store model has become the standard for all the smartphone platforms, with RIM, Microsoft, Palm, and Google each building a similar way for developers to make apps available, and for users to find them and pay for them. Developers will have to understand which platform's App store is best to promote their App.

American Diversified Holdings Corporation is developing a platform for the Mobile Health Care Market as the medical profession gears up to go electronic not only for medical records but also for direct patient monitoring and information. ADHC's mHealth Division will Focus on Mobile Health Care Applications for iPhone, iPad, Android and Other Mobile Devices. ADHC is developing applications for the iPhone, iPad, Android and Other Mobile Devices tailored for specific ailments and protocols to allow medical professionals to monitor patients, get instant feedback and constantly adjust treatments to allow greater flexibility and response time in meeting individual patient needs. mHealth or mobile Health is a term used for the practice of medical and public health, supported by mobile devices. The term is most commonly used in reference to using mobile communication devices, such as mobile phones for Health Services and information.

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