Abingdon, United Kingdom - Isansys Lifecare Limited, the provider of complete real-time physiological patient data services and systems, today announces the opening of Isansys Lifecare Systems Pvt Ltd., a new venture that offers access to Isansys' real-time vital signs data solutions to the fast-growing Indian healthcare market.
Located in Bangalore - the high technology capital of India and a rapidly growing centre of medical equipment and biotechnology - the new company was formally incorporated in July this year and is now fully operational. Earlier this year Isansys debuted its Lifecare Platform, a secure web-based framework for intelligent vital signs data collation and interpretation and, in May, Isansys announced full availability of the first wireless body-worn monitor to run on the platform - the LifeTouch HRV011, a multi-function, unobstrusive body-worn cardiac monitor that adheres to the patient's body and analyses the ECG signal of every heartbeat. The Lifecare Platform and LifeTouch device deliver a complete working solution for real-time vital signs monitoring that is not available anywhere else in the world. The LifeTouch monitoring system is an ideal solution for large hospitals looking to optimise management of their non-critical care patients, and for smaller hospitals that do not currently have the large medical manpower required to monitor individual non-critical care patients. The system allows hospitals to rapidly implement cost-effective, continuous patient monitoring without any upfront investment in hardware or software, based on a per-use basis.
The Indian healthcare market is currently estimated at US$56 billion and is expected to reach US$75 billion by 2012 and US$150 billion by 2017. Key trends including rising income levels and a growing elderly population are driving this sector growth, including a burgeoning demand by healthcare providers for innovative, market-ready solutions that can enable remote patient monitoring and telehealth services. In addition, changing demographics and disease profiles, the shift from chronic to lifestyle diseases, and a growing focus on preventative medicine in the country is leading to significantly increased spending on healthcare as a whole. These major drivers, together with a push for improved rural medical services that can take advantage of the latest mobile and satellite technology, are generating brand new revenue opportunities for companies focused on delivering key healthcare solutions to meet these increased needs.
