Cardiac Monitoring is an Emerging Market

According to Global Market Watch, the cardiac monitoring and diagnostic device market is expected to reach $406 million by 2016, supported by the segments of telemetry symptoms, ECG devices and Holter monitors. The healthcare industry has experienced a drastic change regarding new innovation and technology in the past three to five years. Cardiovascular industry growth continues to increase with the presence of a variety of technologies, such as advanced material and software featured in most of these devices.

The market itself is set to expand more than 25 percent in the U.S. by 2016, according to IHS Technology. Healthcare providers are expected to cut expenses by gathering data on patients outside of the expensive hospital environment. The U.S. has long been the world’s largest market for remote cardiac monitoring, with market revenue expected to rise to $867 million in 2016.

“Cardiovascular disease, or CVD, continues to be the world’s leading cause of death among men and women, and cardiac care is placing a major strain on healthcare providers,” according to Nicola Goatman, market analyst for IHS. “With limited physician resources to cover the ever-increasing number of cardiac patients, remote monitoring enables patients to be observed away from the hospital over longer periods of time, providing a much needed cost-saving initiative. Furthermore, remote detection’s early discovery of cardiac disease is vital for reducing costly acute care later down the line.”

In the domestic market, the use of telemetry devices has seen an increase in recent years, and with reimbursement only provided when devices are monitored 24/7, remote cardiac monitoring services is a lucrative and competitive market.

ReactDx Inc. has been providing advanced diagnostic cardiology since 1981. ReactDx develops, manufactures and provides service with the most reliable and sophisticated ambulatory heart-monitoring systems in the world. Since its inception, ReactDx has been at the forefront of the cardiac telemedicine industry – pioneering technology, improving existing technologies and adding new applications.

Jodi is a seasoned Human Resources professional who thrives on change and transformation. She fell in love with Human Resources when she attended Penn State University for graduate school in Public Administration with a curriculum that emphasized Human Resources. After earning her Master’s degree she began her career in the manufacturing industry in Talent Acquisition and was eventually assigned the overall HR Management responsibility of three divisions which included collective bargaining. Ultimately, she made her way to transitioning a new division of a Fortune 100 company under the corporate model as well as developing and executing Human Resources policies and procedures across a broad range of functional disciplines. At the next juncture of her career, she was tapped on the shoulder by former Executives that she previously worked with to join in on an exciting start-up. Today, Jodi is the Vice President of Talent Relations and Development for Medicomp Inc dba ReactDx and is responsible for managing the strategic Human Resources function which includes mergers and acquisitions for this rapidly expanding company.

Jodi and her husband enjoy landscaping, finding new restaurants and traveling whenever life gives them the opportunity.

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