Patient monitoring systems have been around since the inception of modern healthcare facilities in the post-war period. The new integrated solutions that we see in the market now are manifestations of the core principle behind the operation—keeping a tab on vital signs, and same technology has been re-invented over the years in a variety of ways as a joint effort to offer newer capabilities to healthcare providers and other stakeholders around the patient care. Today’s non-invasive monitors, for instance have not only decreased the risk of exposure to blood-borne pathogens, but they also have made the patient’s health data available to doctors round the clock, anywhere.
The emerging trends from wireless sensor technology and remote patient monitoring to big data analytics and electronic patient portals are redefining where and how healthcare is being offered to patients. With the increase in mobility, connectivity, and portability of patient monitoring devices, medical OEMs and providers are seeking cost-effective and sophisticated connected services. Patient monitoring solution providers are successfully leveraging technology to suit the growing requirements of patients and healthcare professionals, resulting in upgraded quality of healthcare, reduction in delivery costs, and improved patient access.
Today we see a stark difference in the way different monitoring devices communicate with each other. Sensors have a higher value of precision, and the geographical area of data collaboration has expanded with cloud technology. Artificial intelligence and analytical capabilities empower automation for the conversion of raw patient vital signs data into useful insights and alert triggers. Earlier, there were separate instruments for measurement of ECG, blood pressure, brain activity, and other crucial medical areas of interests, and each needed to be operated individually. Now telemedicine, home medical devices, and wearable devices have evolved with IoT and can integrate with distant healthcare facilities to track patient health and set off alarms when unfavorable situation arise.
In the wake of rising cases of chronic diseases mainly due to lifestyle changes, the goal for doctors, nurses, patients, family members, researchers, and insurers is to share useful medical data. The implications for privacy are numerous and worrisome, but so are the consequences of not seizing this opportunity to save lives and improve the quality of life. With the ever-changing regulatory landscape of healthcare compelling providers to put more emphasis on EHRs and EMRs, the market is ripe for the application of blockchain in the healthcare sector.
In spite of these advantages, many healthcare providers still find it hard to leverage these advanced solutions. This is because most of these solutions are yet to be adequately integrated with existing clinical care processes, infrastructure tools.
To help companies navigate through the best-breed patient monitoring solutions provider, Healthcare Tech Outlook has compiled this edition on top 10 patient monitoring solution providers. Through a distinguished panel comprised of CIOs, VCs, industry analysts, and Healthcare Tech Outlook’s editorial group, we have evaluated and shortlisted 10 organizations that have significantly stood out as some of the most prominent players in the patient monitoring arena for the year 2019. The organizations featured in this issue through their business knowledge and industry prowess have established their eminence in the patient monitoring sector.
We present to you Healthcare Tech Outlook’s “Top 10 Patient Monitoring Solution Providers – 2019.”