IoT Platforms for Telemedicine: Market Shares, Strategies, and Forecasts, Worldwide, 2017 to 2023
- Key Topics
- CMS Telemonitoring
- Heart disease treatment efficacy
- Care Management
- Medicare Monitoring
- Remote patient monitoring
- Heart failure
- Health economics
- Heart Failure
- Heart Diseases
- Cardiovascular Diseases
- Hypertension monitoring
- Chronic heart disease telemonitoring
- Health care delivery efficacy
- Chronic Diseases Monitoring
- Health Services and Systems
- Mobile health
- Remote health monitoring
- Clinical communication
- Medical communication
- Chronic heart failure
- Chronic heart disease
- Diabetes Monitoring
- Tele Medicine
- Remote Patient Monitoring
- Health Economics
- Heart Failure
- Heart Diseases
- Cardiovascular Diseases
- Quality of Care
- American Medical Group Association
- Department of Veterans Affairs telemonitoring
- Chronic disease management
- Medicare telemonitoring
- Treatment Monitoring
LEXINGTON, Massachusetts (October 24, 2017) – WinterGreen Research announces that it has published a new study IoT for Telemedicine: Market Shares, Strategy, and Forecasts, Worldwide, 2017 to 2023. The 2017 study has 234 pages, 115 tables and figures. Worldwide markets are poised to achieve significant growth as the digital economy takes hold with IOT Internet of things and all manner of automated medical monitoring processes increase the value of medical care while decreasing the costs.
IoT platforms for healthcare implement use of the digital economy. IoT for Telemedicine depends on infrastructure scalability excellence, which is achieved with a two layer architecture utilizing adapters and processors to manage sensor connectivity.
Healthcare stakeholders include payers, manufacturers, providers and physicians. Telemedicine IoT platforms provide the technology that implement a framework for transition from disjointed care to coordinated care. Platforms permit clinicians to be reactive to change in patient condition, permitting proactive care delivery.
According to Susan Eustis, lead author of the study, “Remote healthcare grew 44% in 2016. The Intel® Health Application Platform helps enable innovation for greater adoption and effectiveness of secure remote patient care solutions. By offering a platform that supports gathering medical data at the edge of the network, devices are enabled that gather and distribute personal medical data securely to any cloud.”
IoT telemedicine platforms growth is brought by the combination the ability to lower the cost of medical care delivery while improving the quality of care dramatically. The IoT telemedicine platforms value goes beyond traditional medical monitoring bringing to the fore, the value of exercise. The value of exercise has been proven and telemedicine is anticipated to be used by exercise clubs to induce members to do more exercise that is beneficial to long term health. The value of supplemental oxygen in improving endurance and building muscles will likely become a part of telemedicine platform initiatives.
IoT Platforms for Telemedicine market forecast indicates that markets at $1.2 billion in 2016 are expected to reach $9.3 billion dollars worldwide by 2023. These represent a very specialized type of analytics systems able to address a wide range of issues that can be newly managed with digitization. Steady growth is anticipated because the IoT platform units are offering breakthrough digital information integration capabilities that further automates a delivery of care to a patient located remotely. Steady growth is anticipated because the IoT platforms are the best device for implementing efficient operations at low cost.
WinterGreen Research is an independent research organization funded by the sale of market research studies all over the world and by the implementation of ROI models that are used to calculate the total cost of ownership of equipment, services, and software. The company has 35 distributors worldwide, including Global Information Info Shop, Market Research.com, Research and Markets, electronics.ca, Bloomberg, and Thompson Financial.
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This is the 723rd 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 databases. 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 Author
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.