Real-time patient monitoring market evolves from wearable-centric solutions to integrated hospital operations platforms

– From vital signs to location data: a platform strategy connecting patients and wards

 

With the rapid growth of the smart healthcare industry, the real-time patient monitoring market is also expanding quickly. Until now, this market has largely been driven by wearable medical device manufacturers. While technologies for measuring individual vital signs such as ECG, oxygen saturation, and blood pressure have become increasingly sophisticated, hospitals have faced limitations due to fragmented, device-centric systems that prevent seamless integration between patient management and ward operations.

 

Recognizing this challenge, People & Technology introduced real-time patient monitoring based on its IndoorPlus+ SmartCare platform, which goes beyond simple vital sign collection to connect patient status and ward operations into a unified operational flow. This approach shifts away from device-centric solutions toward a platform layer that spans hospital-wide operations.

 

 

 

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A platform connecting patients and hospital operations

 

 

IndoorPlus+ SmartCare integrates seven reimbursable medical devices into a single platform, managing both patient vital signs and real-time location and movement data. The platform will continue expanding its device integration capabilities.

 

Through this integration, medical staff can simultaneously monitor patient conditions and ward situations, enabling faster and more accurate clinical responses.

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A unified operational environment for patients and wards

 

 

IndoorPlus+ SmartCare combines key vital data—including ECG, oxygen saturation, and blood pressure—with patient location and activity information within a single platform. By consolidating data from multiple medical devices, healthcare providers gain real-time visibility not only into individual patient conditions but also into the overall operational flow of the ward.

 

This reduces the need for repetitive manual checks, enables proactive responses to abnormal situations, and supports real-time, data-driven operational decision-making. The platform goes beyond traditional patient monitoring to provide comprehensive visibility at the hospital operations level.

 

 

 

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Vendor-neutral architecture for maximum flexibility

 

 

Another key differentiator is the platform’s vendor-neutral architecture, which avoids dependence on any specific device manufacturer. Hospitals can continue using their existing medical devices while freely combining equipment based on clinical needs and patient conditions.

 

This ensures that ward operations and clinical workflows are not constrained by specific device ecosystems. Hospitals can flexibly configure their systems as operational needs evolve, maintaining operational autonomy and adaptability.

 

This operational-centric platform design fundamentally differentiates IndoorPlus+ SmartCare from conventional wearable-centric monitoring solutions.

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Easy deployment and optimized operations with minimal implementation burden

 

 

IndoorPlus+ SmartCare is designed for gradual deployment on top of existing hospital infrastructure, minimizing implementation burden. Its plug-in gateway supports both fixed and mobile environments and allows integration with existing systems such as bedside displays, enabling rapid deployment without large-scale construction.

 

The system can also be expanded selectively as wards grow or clinical departments expand, allowing hospitals to scale gradually according to operational needs.

 

Combined with real-time location tracking and activity monitoring, the platform provides immediate visibility into patient movements and condition changes. This enables healthcare providers to intuitively understand ward conditions while improving both patient safety and operational efficiency.

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Accelerating expansion toward 10,000 monitored beds and medical AI integration

 

 

People & Technology has expanded deployment across diverse healthcare environments, including large metropolitan hospitals, regional medical centers, public healthcare institutions, and integrative medicine hospitals.

 

To date, the company has deployed real-time patient monitoring systems across more than 50 medical institutions, covering approximately 3,000 hospital beds.

 

Based on this rapid adoption, the company expects annual deployments to exceed 10,000 beds in 2026, with cumulative deployments growing significantly beyond that level.

 

The company plans to establish real-time patient monitoring as a standard hospital infrastructure while gradually expanding into medical AI applications. As healthcare workforce shortages and operational complexity increase, real-time data-driven operations are becoming essential for reducing staff workload and enabling faster clinical decision-making.

 

Accordingly, People & Technology aims to evolve real-time patient monitoring from a standalone solution into a core infrastructure supporting overall hospital operations.

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Expanding into integrated medical AI platforms

 

 

In addition, the company was selected as the lead organization for the 2025 “Public AX Project” focused on AI for infectious disease response. Through this initiative, People & Technology is developing an integrated medical AI system encompassing:

• Real-time patient data collection

• Explainable AI analysis

• EMR integration

• Automated SOAP clinical documentation

 

 

This project is accelerating the validation of data-driven hospital operation models.

 

 

 

 

CEO Statement

 

 

“The key to real-time patient monitoring is not just technology, but building systems that hospitals can easily adopt and operate reliably. By expanding IoMT-based real-time data into full hospital operational digital transformation, we aim to create practical smart hospital environments that improve both staff efficiency and patient safety.”

— Hong Sung-pyo, CEO, People & Technology