TweakTown
Tech content trusted by users in North America and around the world
6,144 Reviews & Articles | 39,498 News Posts
Weekly Giveaway: Win an Antec Case, PSU and Cooler (Global Entry!)

Mobile Helath Monitoring Expected to Save Billions

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.

 

TweakTown image pr/3/3/3363_005.jpg

 

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

 

Related Tags

Further Reading: Read and find more Mobile Devices press releases at our Mobile Devices PR index page.

Do you get our RSS feed? Get It!

Got an opinion? Post a comment below!

Latest Tech News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases