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Home health care to be $4B market for wireless by 2013 Bernard Cole Dallas, Texas –According to a new report from Parks Associates the U.S. market for wireless home-based healthcare applications and services will grow at a five-year cumulative annual growth rate of over 180% and become a $4.4 billion industry in 2013. The report predicts the push for healthcare reform from the Obama Administration will ultimately boost adoption of wireless technologies in healthcare. According to Harry Wang, Director, Health & Mobile Product Research, Parks Associates, the Federal Government is committed to promoting technology that improves healthcare efficiency, evident in the stimulus funds already allocated to electronic medical records (EMR) adoption, and this focus will open new long-term opportunities for wireless providers. The study finds opportunities for wireless technologies will be in such areas as chronic care management, medical diagnostic device monitoring, wellness and fitness applications, medication management, and senior independent living solutions. "Wireless is an important crossover point for the healthcare sector and high-tech industry," said Wang. "Device and service connectivity is the model for future home care applications, and mobile networks will link a growing number of monitoring products to healthcare providers." To learn more, go to www.parksassociates.com.
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