Why point of care diagnostics and continuous monitoring?
As healthcare spending around the world increases, innovative methods of delivering cost-effective healthcare must be developed. Continuous patient monitoring and point of care diagnostics are two such trends that are driving the industry towards value-based care, decentralized care, and patient-centric approach.
Curated by IDTechEx analysts who have been researching these themes over the past 5 years, the two-day conference will consist of over 30 speakers from the pharmaceutical, medical device, materials, and electronics industries who are developing or utilising wearables and sensors in healthcare.
IDTechEx Research forecasts significant market growth in segments related to these two trends:
- Medical wearables market will reach $19.7 billion by 2024
- Market for biomedical sensors at the point of care will reach $43 billion by 2029
- Revenue from electronic skin patches will reach over $20 billion by 2029
- Annual revenue from CGM devices will overtake test strip and glucometer revenue by 2020
''This was a conference where the quality of speakers' presentations has to be highlighted as the main positive point. Speakers gave the attendees valuable information and we were able to identify a global trend of research, compare our challenges to the ones faced by other researchers and identify new opportunities. In the exposition hall, it was a great opportunity to connect with different suppliers and manufacturer. The support regarding connecting with specific people was also a positive experience as Thomas has been able to connect me with a company that was answering precisely a need that I was looking to address at that conference. I will definitely come back next year if such an event is held again. ''
Mathieu Lessard - SIGNUM Preemptive Healthcare