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Fueled By Tablets, Telemedicine Market to Grow More Than 300% by 2018
May 23, 2012 (05:05 PM EDT)
FARMINGTON, Conn., May 23, 2012 /PRNewswire-iReach/ -- Global Information Inc. is pleased to announce two significant new reports on advances of wireless technologies in medical/fitness applications.
Role of Wireless ICT in Health Care and Wellness
The cost of healthcare is rising every year, having reached 16% to 17% of the US GDP consuming at least one percent of GDP each year. Wide utilization of wireless communications can reduce healthcare costs by billions of dollars on an annual basis, with much of that savings derived by reducing hospitalizations and extending independent living for seniors. Practel's new Wireless ICT market research report concentrates on recent contributions of wireless communications in health care and fitness to enhance the quality of service together with the significant cost reduction.
The report addresses recent advances of wireless technologies in medical/fitness applications, and in particular: WICT standardization for the Body Area Network (WBAN) and Medical Body Area Network (WMBAN); Bluetooth technology and its medical profile; ZigBee technology; low-power consumption Wi-Fi; and Z-Wave technology. All these technologies can satisfy, in various degrees, major requirements that the health care industry is asking for: a combination of extremely low power sensor consumption and very low transmitted power together with high reliability and quality of service (QoS).
This report will prove remarkably useful for service providers, hospitals' and other medical organizations' IT departments, retail operators, vendors, network operators and managers, investors, and end users seeking to gain a deeper understanding of new trends in the wireless communications medical applications.
Readers can request a free sample of the full report at http://www.giiresearch.com/report/pra240864-role-wireless-ict-health-care-wellness-standards.html
Telemedicine Monitoring: Market Shares, Strategies, and Forecasts, Worldwide, 2012 to 2018
Telemedicine systems provide a way to improve clinical care delivery to patients with chronic disease, decreasing hospitalizations and visits to the emergency room. The ability to accurately access patient condition via a combination of advanced testing and telemonitoring creates the opportunity to intervene when what is called for clinically can make a difference.
This new telemedicine market research report from Wintergreen Research explores how telemedicine device and software companies will capitalize on the revenue streams that will come from services delivery. Just as cell phones are paid for in conjunction with the services contracts, so also the telemedicine applications will be paid by insurance. In some cases the insurance companies recognize that their long term costs are lower by delivering clinical intervention to try to impact lifestyle for patients with chronic disease conditions.
Tablets like Apple's iPad are poised to change telemedicine. Telemedicine-dedicated device and software markets at $736 million in 2011 are anticipated to reach $2.5 billion by 2018.
A summary for this report and a free sample of the full document are available at http://www.giiresearch.com/report/wg239633-telemedicine-monitoring-market-shares-strategies.html
About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
SOURCE Global Information, Inc.