Market Research announces that it has published a new study Telemedicine and M-Health Market Convergence Shares, Strategy, and Forecasts, Worldwide, 2013 to 2019. The 2013 study has 879 pages, 299 tables and figures. Worldwide markets are poised to achieve significant growth as the telemedicine systems merge with the smart phone systems of engagement to provide a way to improve clinical care delivery to patients with chronic disease, decreasing hospitalizations and visits to the emergency room. There is a convergence of telemedicine and m-health as the patients become more responsible for their own care delivery and their own health Clinical telemedicine services converge with m-health systems of engagement to lower cost of care and improve quality of care. Tele-medicine and M-Health Market Convergence driving forces relate to an overall trend toward ordinary people taking more responsibility for their own health. This trend has been more prevalent for women in the past 100 years than for men because women used to die very young and they had to learn how to keep themselves healthy. Women have been able to reverse this trend of dying young and to live longer than men in the past 40 years, illustrating that paying attention to health is important.
Telemedicine dedicated device and software markets at $843 million in 2012 are anticipated to reach $2.9 billion by 2019. M-Health markets related to telemedicine at $1.4 billion are anticipated to reach $1.5 trillion by 2019 due to the use of 7 billion smart phones and half that many connected tablet devices all over the world.
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Healthcare patient, physician, and facility decision support markets are forecast based n the broad availability of smartphones combined with the IBM Watson technology that Watson offers Interactive Care Insights for Oncology. The cognitive systems use insights gleaned from the deep experience of Memorial Sloan-Kettering clinicians. Watson is positioned to permit clinicians to provide individualized treatment.
More options are based on patient medical information. IBM Watson in combination with Memorial Sloan-Kettering Cancer Center has information that represents the synthesis of a vast array of updated and vetted treatment. It is able to compute individual treatment guidelines. This represents a revolution in cancer treatment care and presages a major revolution in all healthcare treatment and diagnosis.
Because Watson is able to leverage published research it can stay more current than any clinician or group of clinicians can. Watson-is a cognitive computing system. The aim of Watson is to streamline the healthcare delivery process. Watson supports the healthcare decision making process. The system has the ability to ensure evidence-based care is provided.
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Both tele-medicine and m-health contribute to healthcare delivery in the home. M-health will surely be delivered over the smart phone. Tele-medicine is evolving toward smart phone device delivery as well.
The cost of tele-medicine for the US veterans administration is $1,600 per patient per annum. This is substantially less than other NIC programs and nursing home care which can easily run to $100,000 per annum. VHA’s experience is that an enterprise-wide home tele-medicine implementation is an appropriate and cost-effective way of managing chronic care patients in both urban and rural settings.
Table Of Content Of Telemedicine and M-Health Convergence Market :
Tele-Medicine / M-Health Executive Summary ES-1
Tele-Medicine and M-Health Market Driving Forces ES-1
Tele-medicine IBM Watson, Honeywell, Vitarian, and
Bosch Diagnostic Support Expert Systems ES-7
Tele-medicine Market Driving Forces ES-12
Measures of Tele-Medicine Effectiveness ES-13
Home Patient Monitoring Supports Patient Education ES-14
Wireless Tele-medicine Devices ES-14
Real-Time Monitoring Of Physiological Data ES-16
Tele-medicine Medical Solutions Market Shares ES-17
Tele-Medicine Solution Market Forecasts ES-20
1. Telemedicine Market Description and Market Dynamics 1-1
1.1 Remote Monitoring as Standard of Care 1-1
1.1.1 Telemonitoring Systems Premise 1-3
1.1.2 Sedentary Get Exercise And Heart Failure Patients Pay Attention To Swelling In Their Feet, Ankles Or Legs 1-3
1.1.3 Telemonitoring Systems Improve Home Health Care 1-4
1.1.4 Vital Signs And Health Status Are Measured Daily 1-5
1.1.5 Telemonitoring at Home 1-6
1.2 Telemedicine 1-6
1.2.1 Nursing Stations 1-7
1.2.2 Telemedicine Services 1-9
1.2.3 Service Provider Adoption of Tele-Monitoring 1-10
1.2.4 Telemedicine Delivery Mechanisms 1-14
1.2.5 Telemedicine Point-To-Point Connections 1-14
1.2.6 High Definition Video Communication 1-15
1.3 Telemonitors Customized To Meet Individual Needs 1-17
1.4 US Makes Telemedicine Priority 1-20
1.4.1 Federal Funding for Telemedicine 1-22
1.4.2 US Telemedicine Medicare – 1-22