Tele-Care Medical Equipment: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019

$3800 - Single Copy or $7600 - Web Posting | Report # SH25471613 | 387 Pages | 106 Tables and Figures | 2013

Tele-Care: Clinical Services Leverage Medical Information Delivered In Home On Tablet Devices, Remote Care Diagnosis and Treatment

Check Out These Key Topics
Chronic heart failure
CHF
Chronic heart disease
Telehealth
Telemedicine
Telecare
CMS Telecare
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 telecare
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
Telemedicine
Telehealth
Telecare
Remote medical support
Telepharmacy
Seniors and health
Diabetes Monitoring
Telemedicine
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 telecare
Chronic disease management
Health Buddy System Healthcare telecare
Medicare telecare
Bosch telehealth
Treatment Monitoring

Tele-Care Medical Equipment: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019

 

WinterGreen Research announces that it has a new study on Telecare equipment Monitoring Market Shares and Forecasts, Worldwide, 2013-2019. The 2013 study has 387 pages, 106 tables and figures. Telecare improves treatment of chronic disease, reduces cost of care delivery, lets baby boomers age gracefully in their homes, and supports expert delivery of health care to every person in the world. Tele care is evolving more sophisticated ways of monitoring vital signs in the home, thus protecting people in a familiar, comfortable environment. The improvements in care delivery relate to leveraging large information sources that permit understanding what care works for what conditions.

Telecare systems server markets are anticipated to grow because they represent a way to steer patients with a particular clinician to those most expert in treating that particular condition. Telecare is not yet to the point where it is able to be used effectively to implement changes that represent significant improvements in overall healthcare delivery, they are largely confined to being used in the treatment of chronic conditions.

The aim of telecare systems that will grow markets significantly is if the telecare is used to prevent the onset of chronic conditions of CHF and diabetes through interventional medicine, wellness programs, and simply intelligent nutrition and exercise programs implementation. Is this the task of the hospitals? Or, are wellness programs meant to be implemented elsewhere? In any case, telecare represents the delivery mechanism for the programs.

Statins have a warning label that indicates that patients who take these drugs risk mental deterioration and diabetes. Is this what we want for our people? Or are there wellness programs that provide alternatives. These are issues confronting hospitals, physicians, clinicians, big pharma, and patients everywhere. We are all patients; the task is to figure out good telecare systems that work to implement wellness programs before the onset of chronic conditions.

Under this scenario, the local physician and specialist becomes the expert in ordering the correct diagnostic tests, not just any test they can think of, but a proper test that is recommended by the expert systems and by the expert clinician. In this manner the out of control testing costs in the US can be controlled. There will need to be some law changes, there will need to be some adoption of protections for the expert doctors, but when decisions are backed by standards of care instantiated as tele health servers we begin to have a rational, very effective health care delivery system.

Use of telecare systems in the treatment of chronic conditions is important. 90% of the cost of care delivery is tied up in the treatment of chronic conditions. A large percentage of the telecare servers was sold in the U.S., where the VA system did home monitoring of 92,000 patients in 2012. Telecare equipment shipments are anticipated to grow rapidly worldwide as efficiencies of scale are realized for monitoring and treating people with chronic conditions in a more standardized manner that addresses the particular combinations and clusters of conditions any one patient presents.

Telecare systems rely on monitors with integrated connectivity. Systems use monitoring hubs with integrated cellular capability and carts that permit remote diagnosis for places where there is a shortage of good doctors and where people want second opinions from a trusted expert. A physician that sees hundreds of patients a week with a certain condition is more apt to render an accurate diagnosis and to provide effective treatment than a physician that only sees that condition once a year.

The only way to connect patients with a particular condition with a clinician expert in treating that condition is through telemedicine. Everyone knows that a surgeon who operates within a particular specialty every day is more expert than one who operates only once a year. The same is true across the board for all specialties.

Systems like the Bosch health management programs with evidence-based guidelines are great in this context. These evidence based systems can be used to keep physicians and clinicians focused on the most significant part of the condition being treated.

IBM Watson is similarly great in the context of connecting expert clinicians with patients presenting a certain combination of symptoms. This type of care delivery represents significant change, but it is change for the better, it is lower cost care delivery with higher quality of care. Watson or competing computing systems have the potential to be incredibly useful in this context. Because Watson and other cognitive computing systems can recognize clusters of symptoms in a particular patient, these types of systems are potentially useful in guiding patients to the care delivery clinician that is most likely to be able to recognize the best treatment and to provide the recommendation to other clinicians as to what will be the highest level of effective care for the least cost.

The aim of telecare is to improve patient compliance with standards of care known to support improved outcomes for patients with chronic conditions. Telecare is one way to improve patient compliance, but there are other ways to achieve that as well.

Telecare increases patient compliance. The aim is to improve the delivery of healthcare to clients by monitoring vital signs to detect changes in patient condition that may indicate the onset of a more serious event, much as nurses in the hospital monitor patient vital signs.

According to Susan Eustis, the principal author of the study, "The advantage of telecare is that it increases patient compliance. It brings expert medicine into the home and attempts to present it in manner patients can hear. The aim is to improve the delivery of healthcare to clients by performing medical exams remotely and monitoring vital signs to detect changes in patient condition that may indicate the onset of a more serious event, much as nurses in the hospital monitor patient vital signs for the purpose of permitting sophisticated care delivery."

Telecare equipment units decrease the cost of care delivery while improving the quality of care and the quality of lifestyle available to patients. They have been widely adopted and extremely successful in use by the veterans administration in the US and by CMS Medicare and Medicaid. Use is anticipated to be extended to a wide variety of care delivery organizations based on this base of installed systems. Healthcare delivery is an increasing concern worldwide. Markets for the carts and associated servers segment of the market at $237.6 million in 2012 are anticipated to reach$3.3 billion by 2019.

Companies Profiled

Market Leaders
AMD Global Telemedicine
GlobalMed
Bayer HealthCare / Viterion TeleHealthcare
Bosch Group
Philips
Market Participants
Aetna
Accenture
Aetna
American Well Systems
Assa Abloy
AT&T
Boehringer Ingelheim
Bosch
Bayer - Viterion
Biotronik
BT
Cardionet
Centerstone Research Institute
ciCoach.com
Cisco
Cleveland Clinic
CMS
Deutsche Telecom
Eliza Corp
EMC
Healthrageous
Honeywell HomMed
Humedica
GlobalMed
IBM
Intel
Kaiser
Mayo Clinic
Medical Strategic Planning
Medullan
NTT
Partners Healthcare
Philips
Polycom
PwC
Qolpac
Qualcomm
Sorin Group
Sotera
Skype
Sony
Sutter Center for Integrated Care
Telecare
Telesofia Medical
Textron Systems
VA Department of Veterans Affairs
Verizon
Vidyo
Walmart
Worksmart


Report Methodology

This is the 555th report in a series of market research reports that provide forecasts in communications, telecommunications, the internet, computer, software, and telephone equipment. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary data bases. Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participation in the segment. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, and companies seeking to develop measurable market share. Over 200 in-depth interviews are conducted for each report with a broad range of key participants and opinion leaders in the market segment.

About the Company

WinterGreen Research, founded in 1985, provides strategic market assessments in telecommunications, communications equipment, health care, and advanced computer technology. Industry reports focus on opportunities that will expand existing markets or develop major new markets. The reports assess new product and service positioning strategies, new and evolving technologies, and technological impact on products, services, and markets. Market shares are provided. Leading market participants are profiled, and their marketing strategies, acquisitions, and strategic alliances are discussed. The principals of WinterGreen Research have been involved in analysis and forecasting of international business opportunities in telecommunications and advanced computer technology markets for over 30 years.

About the Principal Authors

Ellen T. Curtiss, Technical Director, co-founder of WinterGreen Research, conducts strategic and market assessments in technology-based industries. Previously she was a member of the staff of Arthur D. Little, Inc., for 23 years, most recently as Vice President of Arthur D. Little Decision Resources, specializing in strategic planning and market development services. She is a graduate of Boston University and the Program for Management Development at Harvard Graduate School of Business Administration. She is the author of recent studies on worldwide telecommunications markets and the Top Ten Telecommunications market analysis and forecasts.

Susan Eustis, President, co-founder of WinterGreen Research, has done research in communications and computer markets and applications. She holds several patents in microcomputing and parallel processing. She is the author of recent studies of the Service Oriented Architecture (SOA) marketing strategies, Internet software, a study of Push to Talk Equipment, Worldwide Telecommunications Equipment, Top Ten Telecommunications, Digital Loop Carrier, Web Hosting, Business Process Management, Servers, Blades, the Mainframe as a Green Machine, and Application Server markets. Ms. Eustis is a graduate of Barnard College.

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