Information Management on Telemedicine and M-Health Convergence: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019

"Telemedicine and M-Health Convergence: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019 " is the latest addition to MarketResearchReports.Biz industry research reports collection.

​The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.

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WinterGreen 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.

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.

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.

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Chronic disease conditions are best treated early on when there is a change in patient condition and an early intervention can make a difference. It is even better to treat them in a wellness treatment environment before there are indications of chronic disease, before symptoms develop, by addressing lifestyle issues early on.
Telemedicine systems come from IBM, Intel, Honeywell, Vitarian, and Bosch Diagnostic Support Expert Systems. Tablets are poised to change telemedicine as are telepresence systems from Logitech among others. Clinical diagnosis is being impacted by the decision support systems. Clinical decision support systems (CDSS) have been a key aspect of telemedicine. Bosch offers the ability to track and update on a daily basis, questions that are able to address actual situations that patients face.
Diagnostic support expert systems promise to revolutionize healthcare. The mandated electronic health record (EHR) systems in all healthcare facilities, is a key enabler of diagnostic support expert systems. The objectives are to promote better and cheaper healthcare using diagnostic support based on the patient data collected from the telemedicine systems. With the large amount of new data collected by the newly installed EHR systems, computers like the Watson will be able to find optimal answers to clinical questions much more efficiently than the human mind.

Two major categories are diagnostic support tools and treatment support tools. Chronic conditions requires continuous diagnostic support because a continuous flow of information on patient change in conditions helps physicians make a better diagnosis based on the patient symptoms, medications, and medical records.
Treatment support helps clinicians stay compliant with known treatment guidelines such as avoiding known drug interactions, dispensing the right medication to the right patients, and staying on schedule with response to changes in patient condition.
According to Susan Eustis, lead author of the WinterGreen Research team that prepared the telemedicine market research study, "Differential diagnostic tools support differential telemedical treatment. The decision process take into account clinical findings form the home monitoring devices and from symptoms verbally communicated in a clinical services implementation."

She continued, "Care delivery is enhanced by having clinicians be responsive to changes in patient condition that we know will lead to further patient deterioration if not treated immediately. A core part of responsible healthcare delivery is to use technology for healthcare reform. There is a focus on how to deliver care differently using telemedicine. No matter who pays for it, the use of telemedicine is anticipated to reduce the overall costs of healthcare delivery. Innovation is key to achieving improvements."
For long-term success, telehealth solutions require sustainable financing models. Investments in telehealth technologies foster sustainability by enabling productivity and efficiency gains and other improvements that can more than justify investment costs.
Government and local authorities have long recognized the potential of telehealth technology as a tool for delivering health and social care services. This is an increasing imperative given the increasing age demographic and the backdrop of static or reducing funding. Telehealth initiatives must demonstrate credibility and viability beyond the pilot and trial programs in order to achieve the goal of increased capability through technology.
Device installer partners define benefits in terms of increased sales and consultancy. A sustaining finance model is an essential aspect of telehealth. Telemedicine is analogous to the telecommunications industry where a large upfront investment is required an, usage models and complementary technologies must emerge and finally they must be integrated into existing healthcare service delivery paradigms.

Workflows are required to integrate the telehealth components into the existing solutions. This is possibly the area of greatest challenge. Upfront costs are high. Once the telehealth solution has been implemented initiatives are cost effective.
Since insurance companies have the responsibility for taking care of all people, not just the healthy ones and the health conscious people, they benefit from encouraging the use of telemedicine. The US veterans' administration recognizes this reality and has in place extensive telemedicine programs. While some hospitals benefit from an increase in hospitalizations, insurers do not.

There is a services component to the business that makes it attractive to sell the devices below cost. The tablet market revolutionizes telemedicine.
Once FDA approved software runs on a tablet, people with an existing unit can download software and be equipped with a way to interact with the clinical service that performs monitoring. Long term, the services will be a very attractive part of telemonitoring.
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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Companies Profiled
Market Leaders
Viterion
Care Innovations / Intel® / GE
Polycom
Logitech
AT&T
Verizon
Honeywell
Samsung
Visiting Nurse Service
Wellpoint
Philips
Bosch Group
Vidyo
Cisco
Vodafone
Partners Healthcare
McKesson
Apple
Veteran's Administration (VA)
Nonin
Market Participants
A&D Engineering / A&D Medical
Aerotel Medical Systems
American Heart Association (AHA)
American TeleCare
American Telemedicine Association
Apple
AT&T
Athens Regional Home Health In-Home Telemonitoring Services
Authentidate Holding
Axon
Bayer AG / Bayer HealthCare
Biotronik
Bosch Group
Cardiocom
Care Innovations: Intel and GE
Columbia University's Informatics for Diabetes Education and Telemedicine
Connections365
Continua
Debiotech
Evident Health Services
FuzeBox
Gemalto / Cinterion
Home Healthcare Hospice and Community Services (HCS)
Honeywell
Infopia
Johns Hopkins Launch Home Telemonitoring Education Initiative
JSC CEM Technology
Kiwok
LG
LifeMasters
Logitech / LifeSize
McKesson
MedApps
Medtronic
Montefiore / CMO, the Care Management Company
National Committee for Quality Assurance
Nonin Medical, Inc.
Partners Healthcare
Partners Healthcare Center for Connected Health
Philips
ProConnections, Inc.
REACH Health, Inc.
National Committee for Quality Assurance
ProConnections, Inc.
REACH Health, Inc.
RS TechMedic BV
Sandata Technologies, Inc.
STMicroelectronics
Debiotech and STMicroelectronics
TeleAtrics™
Trifecta Technologies
TouchPointCare
Aurora Health Care
Advocate Home Health
Tunstall Healthcare Group
AMAC / Lifecomm
AMAC / Intel& Health Guide
University of Houston
Verizon Technologies
Veteran's Administration (VA)
VIDAVO S.A
Virtual Health
VRI
WellPoint: Independent Licensee Blue Cross and Blue
Shield Association
Windstream

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Check Out These Key Topics
Telehealth
Telemedicine
Telemonitoring
CMS Telemonitoring
Heart disease treatment efficacy
Care Management
CMHCB
Health Buddy System
Medicare Monitoring
Remote patient monitoring
Heart failure mortality
Health economics
Heart Failure
Heart Diseases
Cardiovascular Diseases
Behavior CHF patient
Behavior Modification
Telemedicine
Hypertension monitoring
Chronic heart disease telemonitoring
Health care delivery efficacy
Chronic Diseases Monitoring
Health Services and Systems
Telehealth
DRE
Health Monitoring
Health Communication
Aging
Monitoring Technology
Health engagement
Medical innovation
Mobile health
Remote health monitoring
Clinical communication
Medical communication
Tele-medicine
Tele-health
Tele-monitoring
Chronic heart failure
CHF
Chronic heart disease
Remote medical support
Telepharmacy
Seniors and health
Diabetes Monitoring
Tele Medicine
Remote Patient Monitoring
Chronic Heart Failure Mortality
Health Economics
Heart Failure
Heart Diseases
Cardiovascular Diseases
Quality of Care
American Medical Group Association
Department of Veterans Affairs telemonitoring
Chronic disease management
Health Buddy System Healthcare telemonitoring
Medicare telemonitoring
Bosch telehealth
Treatment Monitoring

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