It's a common and very relevant pushback for wireless health: Not everyone has a smartphone. While there are plenty of solutions that do not require a smartphone, clearly health management tools are far richer when a smartphone platform is in play. RBC analyst Mike Abramsky estimates that by the end of 2011 -- just two years from now -- worldwide smartphone sales will pass worldwide PC sales. The two figures intersect when PCs and smartphones are both shipping about 400 million units each year. Business Insider put together a chart that tracks this trend:
By David Doherty
Forget about remote monitoring, wearable sensors, NFC/RFID, smartphones, software apps, GPS, mEHR's, video messaging, 3G video calling and SMS. These are part of a wave that is without a doubt advancing, but the evidence of successful mHealth applications can already be found throughout the healthcare system:
This week 3M unveiled a stethoscope with a built-in Bluetooth radio that aims to enable physicians to detect heart murmurs and other afflictions by sending the data recorded by the device, sending it to a PC and amplifying the sound. The device is known as the Littmann 3200.
In the fall of 2004, news broke that Best Buy planned to launch a new chain of retail stores, called Eq-Life, that targeted middle-age women shoppers. Eq-Life would help them access technology and resources to manage their family's health. At the time, a Best Buy spokeswoman said that Eq-Life was serving an "uncharted industry."
A study set to be published in the upcoming issue of the Journal of Medical Internet Research found that mobile phone-based telemonitoring of patients with chronic heart failure (CHF) has the potential to reduce frequency and duration of heart failure hospitalizations. The study also included a caveat that ensuring elderly patients, in particular, could use the mobile phone-based service's user interface comfortably would be a key challenge for any mobile-based service.
Wireless devices that monitor patients' conditions and report the data to healthcare providers will show a 77 percent compound annual growth rate (CAGR) that will create global revenues of $950 million by 2014, according to a recent report from ABI Research.
NEW YORK-- The market for wireless devices that monitor patients' condition and report that data to healthcare providers is on the verge of explosive growth, according to a new study from ABI Research. Over the next few years it will show a remarkable 77% compound annual growth rate (CAGR) resulting in global revenue of almost $950 million in 2014.
The market for remote patient monitoring is set to achieve double digit growth in North America, according to a recent report from Frost & Sullivan, so long as successful payment strategies are implemented. Last year the remote patient monitoring market made more than $98.2 million, but the market could top $428.6 million by 2015. Frost points to direct reimbursement as one type of payment strategy that needs to mature for the market to grow at this rate.
MOUNTAIN VIEW, Calif., Aug. 14 -- The implementation of successful payment strategies enables the North American home healthcare and disease management markets for remote patient monitoring to achieve double digit growth in the traditionally mature patient monitoring space. The single largest factor for growth in this highly mature market is the increasing incidence of cardiovascular disease (CD) in the U.S.
One of the drivers often cited as an impetus for wireless healthcare is the shortage of primary care doctors.