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Can Wireless Technologies Rescue U.S. Hospitals?

Saturday, May 10, 2008 General News J E 4
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NEW YORK, May 9 The number of U.S. hospitals has decreasedby 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-payingpatients, increases in medical errors, and rising administrative and energycosts are squeezing hospitals. To counter these challenges, streamlineprocesses and reduce costs, hospitals are increasingly turning to the use ofwireless technologies.

According to a new report by Kalorama Information, Wireless in Healthcare2008 (The Market for Bluetooth, RFID, Zigbee, UWB WWAN, WMAN, WLAN and othertechnologies), the use of wireless technologies in healthcare continues toexpand with hospitals leading the way. Wireless sales in healthcare reached$2.7 billion in 2007, growing at 22.9% annually since 2005. Kalorama expectscontinued strong growth with a CAGR of 29.5% resulting in sales of $9.6billion by 2012.

The clinical environment is highly mobile -- medical personnel need fastinformation they can act on. A shortage of nurses and physicians createspressure on hospitals to use staff more productively. ImplementingWPAN-enabled PDA units, RFID wands, and other wireless technologies will helpfewer nurses and doctors serve a growing number of patients in a moreeffective and efficient manner, while reducing errors and costs.

"It's no surprise that hospitals are earmarking large portions of currentand future budgets to wireless development," notes Bruce Carlson, Publisher ofKalorama Information. "In 2003, 25% of US hospitals had wireless. That figurewill be somewhere between 80% and 90% in 2010."

Approximately 72% of all healthcare organizations in the U.S. increasedtheir IT budgets between 2006 and 2007, while 67% did so in 2005 and 60% in2004.

Kalorama Information's report Wireless in Healthcare 2008 (The Market forBluetooth, RFID, Zigbee, UWB WWAN, WMAN, WLAN and other technologies) detailsthe latest wireless trends in the healthcare market, an area ripe for growth.It includes market size, forecasts through 2012, product reviews, companyprofiles and eight case studies of wireless technologies in action. The reportcan be purchased directly from Kalorama Information by visitinghttp://www.kaloramainformation.com/Wireless-Healthcare-Bluetooth-1614105/ .

About Kalorama Information

Kalorama Information supplies the latest in independent market research inthe life sciences, as well as a full range of custom research services.Kalorama routinely assists media with healthcare topics, and can provideexperts to speak about markets in the life sciences industry. For moreinformation, contact Andrea Hiller at 212-807-2673 orpress@kaloramainformation.com, or visit http://www.kaloramaInformation.com.

SOURCE Kalorama Information
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