eDevice is now able to tout itself as the leader in the connectivity solutions for medical device companies in North America and the world. The company now boasts that it has connected as many as 100,000 devices around the globe using its innovative technologies to set itself apart from other firms in the area. The company’s solutions are leading the way when it comes to the telehealth community and the M2M sector.
There was a time when a company that was investing heavily into the Machine-to-Machine market might have been scoffed at, especially when they were devoting most of their resources to getting that technology into the health care sector. The population is aging, and those aging citizens are finding themselves farther away from the care they need if they should happen to move outside the city.
eDevice is one such company that apparently saw this trend coming as the company has seen 50 percent growth in its global revenue compared to a year ago. The company seems to have made a niche for itself by specializing in a certain area of the eHealth market. By doing this, they have managed to carve out an area where they can find a great influx in revenues. This also allows them to also master one particular area without stretching themselves too thin.
“According to all the market surveys, the Medical Device Connectivity market is promised to generate phenomenal growth in the next decade. We see new entrants, but it will take years before they can handle the stringent requirements of mHealth”, said eDevice CEO Marc Berrebi.
Because of these big time growth numbers in the area, eDevice is projecting that its revenues will see annual 30 percent or more growth through the next five years. That growth isn’t expected to be limited to one area or another but spread out among its global growth.
Edited by
Ashley Caputo
