Mobile Helath Monitoring Expected to Save Billions
Juniper Research reports remote patient monitoring using cellular networks will save healthcare systems $5.83 billion globally by 2014 - mainly in developed countries.
Hampshire, UK -- According to Juniper Research's Mobile Health Opportunities Report, public and private healthcare providers will be able to save between $1.96 billion and $5.83 billion in healthcare costs through the use of remote patient monitoring using cellular networks by the year 2014.
The US and Canadian markets will generate the most cost savings, due to the inherent structure of their health systems, high healthcare costs, and more advanced remote monitoring roll outs: "The cost of a hospital bed, used as a proxy for cost, is much higher in the North American region, partly due to the role of health insurance in the US healthcare sector," says Anthony Cox, Senior Analyst at Juniper Research and author of the report. "This has a direct impact on how much cost remote monitoring can save," he says.
Under both a 'base case' and an 'optimistic' scenario, Mobile monitoring will save healthcare systems vast amounts of money in developed countries, finds the report, though the cost of mobile monitoring means that its deployment is questionable in developing regions.
Further findings from the mobile healthcare report include:
* Establishing the correct route to market for those selling mHealth services will be key to their success
* In the past eighteen months there has been a renewed interest in mHealth from operators globally
* The market for health and fitness mobile applications will thrive, eventually spawning a new market for advanced apps which integrate sensors worn on the body
Latest News Posts
- Elon Musk on AI: they would treat us like 'pet Labradors'
- Prepare for multi-part Transformers sequels, and spinoff films
- Safran and Valeo show autonomous vehicles can learn from drones
- Valve begins selling tickets to the upcoming Dota 2 The International
- Valve's SteamVR headset will be free for developers, for now
- Gigabyte J1800N-D2H not supporting Azurewave WiFi Card
- overclocking a as rock 970 performance fatality 1
- NVIDIA GeForce GTX Titan X 12GB in SLI - Two is Much Better Than One
- KLevv Urbane 2800MHz DDR3 16GB Dual-Channel Memory Kit Review
- 4k Gaming with GTX 690 - Do I need to upgrade now?
- Xilence Announces 402 C-Series CPU Coolers
- BIOSTAR reveals Hi-Fi B85Z5 Motherboard
- Acer Debuts the 15.6-Inch C910 Chromebook
- Antec Announces the VSP-5000 Case with Sound-Dampening
- MSI Launches New mini-PC - Cubi