Latest industry research report on Tele-medicine and M-Health Convergence Market. 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.
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.
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.
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.
Home telemonitoring programs need to use advanced technology. Effective monitors support patient education. They support timely clinician intervention based on real vital signs data gathered on a daily basis. Health care for patients with congestive heart failure has been shown to be successful in reducing hospitalizations and trips to the emergency department, making these critical measures unnecessary in many cases.
Telemedicine markets are emerging software markets. The consumer tablet computers are poised to become ubiquitous and inexpensive. As this happens telemedicine is becoming a fee for services much as a cell phone. The software runs on industry standard tablet computing devices. Clinicians gather patients information on a daily basis and provide consultation and intervention as needed for chronic conditions.
Table of Contents
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