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 (PINKSHEETS: 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.
