Report: Global telemedicine market will hit $130B by 2025

Mobi Health News

Roughly half of the market will be within the US alone, although China and India are also poised for growth

Report: Telehealth Market Estimated to Reach $19.5B by 2025

Healthcare Informatics

billion by 2025, according to a report from market intelligence company Transparency Market Research The global telehealth market is projected to reach $19.5

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Apple shares COVID screening data with CDC, digital health market to beat $350B by 2025 and more digital health news briefs

Mobi Health News

Also: A deep dive on Verily's Project Baseline; Intermountain Healthcare launches home-monitoring program

Dyson set to lead the HealthTech market with Wearable Air Purifiers by 2025

Lloyd Price

Dyson has filed a patent for an interesting new wearable gadget and some are predicting it will become the next big trend in health tech.

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UnitedHealth expects 150M members to be in value-based programs by 2025

FierceHealthIT

UnitedHealth wants at least 150 million members to see providers in value-based contracts by 2025, CEO David Wichmann said at Bernstein Research’s annual conference on Thursday. Wichmann also weighed in on the use of point-of-sale drug rebates and his support for universal healthcare

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CMS finalizes rule on DSH cuts worth up to $8B annually through 2025

FierceHealthIT

The Centers for Medicare and Medicaid Services finalized its rule implementing cuts to state Medicaid Disproportionate Share Hospital (DSH) allotments by $4 billion next year.

The Pharma company of 2025 probably doesn’t look like a company that makes Medicines; it looks more like a Healthcare company

Lloyd Price

The pharma company of 2025 probably doesn’t look like a company that makes medicines; it looks more like a healthcare company.” The march of the millennials is gathering pace as they close in on being the largest adult sector of the population and a primary focus for healthcare.

A new digital divide is keeping older adults from accessing digital health

KevinMD

billion market by the end of 2025 compared to the $179.6 The digital divide used to be about who had internet access and who didn't, with broad implications for every aspect of life — especially health care. But digital health innovation is growing rapidly, with projections showing a $536.6

eCommerce and the Medical Device Market

Electronic Health Reporter

According to Adroit Market Research, global medical healthcare eCommerce is anticipated to be over $435 billion by 2025. This article is copyrighted strictly for Electronic Health Reporter. Illegal copying is prohibited. The healthcare sector is digitizing at an amazing pace.

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Blockchain: Increasing Security In Telehealth

Electronic Health Reporter

The healthcare industry is no different – the telehealth industry is predicted to be worth more than $130 billion by 2025. This article is copyrighted strictly for Electronic Health Reporter. Illegal copying is prohibited. By Blaise Wabo, senior manager, A-LIGN. As technology continues to improve, using virtual connections in place of face-to-face meetings has surged in popularity.

7 Ways to Supercharge Your Hiring Efforts With Content Marketing

Geonetric

million new healthcare workers need to be hired by 2025 to provide adequate care, according to a report from professional services firm Mercer By […]. The healthcare worker shortage is a nationwide topic. And it’s guaranteed your hiring managers are feeling the effects.

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Addressing Cybersecurity Pain Points In IoMT

Electronic Health Reporter

The Internet of Things (IoT) market is booming, with IHS Markit forecasting there will be 73 billion connected devices in use around the world by 2025. This article is copyrighted strictly for Electronic Health Reporter. Illegal copying is prohibited. By Steeve Huin, vice president of strategic partnerships, business development and marketing, Irdeto.

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Telehealth is Helping Patients Receive Care Faster

Clocktree

The USA as a whole is expected to be short 90,000 physicians by 2025, meaning the wait to see a physician should continue to lengthen. Today on average a patient waits 29 days to meet with a doctor. Due to this month’s long delay many patients are opting out of seeking care for minor illnesses such as, cold or flu because the emergency room is their only timely option.

Most U.S. Physicians, Burned Out, Favor A Flavor of Single Payer Health System

Health Populi

But consider the statistic that, according to the Association of American Medical Colleges, there will be a shortage of 65,500 physicians expected in 2020, and 90,400 in 2025. Most physicians feel some level of burnout, hassled by electronic health records and lost autonomy.

Pendent medical alerts evolve – and will disappear

Aging in Place Technology Watch

Now called HomeSafe, the pendant-wearer could either use a landline phone connection or a cellular connection – but note the rapid transition to cell-phone only households – including for older adults – and the prediction that landlines will be fully obsolete by 2025.

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How Covid-19 Can Inspire Tech-Enabled Value-Based Health Care in a Cash-Constrained America

Health Populi

For health care, the data portrayed in the next chart will be concerning: the Medicare and Social Security Trust Funds are expected to hit “zero” (the X-access) by 2025 and just after 2030, respectively. “The COVID-19 pandemic…has highlighted like never before the pitfalls of paying for healthcare based on the number of patients seen and services rendered,” a Modern Healthcare article asserted in mid-June 2020. In other words, the U.S.

Why Humana Joined CTA – The Pivot from “Health Insurance” to Behaving as a Health-Tech Start-Up

Health Populi

By 2025, Heather told CES Tech Talk, the audacious goal would be to see members’ health driven by a personal longitudinal record with “all kinds of data — clinical, member, interaction data, image, voice,” information that would drive personalized interactions for consumers, their clinicians, care teams, and caregivers. “Every company is a tech company,” Christopher Mimms asserted in the Wall Street Journal in December 2018.

Telehealth set for 'tsunami of growth,' says Frost & Sullivan

Healthcare IT News - Telehealth

Frost & Sullivan forecasts a seven-fold growth in telehealth by 2025 – a five-year compound annual growth rate of 38.2%. Telehealth is more in demand than ever during the coronavirus crisis, and a new report from Frost & Sullivan suggests its uptake will increase by 64.3% nationwide this year, given the disruptions of COVID-19. But in the years ahead, virtual care and remote monitoring should truly take off, according to the report. WHY IT MATTERS.

IHH Healthcare launches telemedicine services in Singapore, Malaysia and other key markets

Healthcare IT News - Telehealth

The study also forecasts a sevenfold growth in telehealth by 2025 – a five-year compound annual growth rate of 38.2%. IHH Healthcare, Asia’s largest privately owned healthcare group, last week announced that it has rolled out telemedicine services in Singapore, Malaysia, Turkey, India and Hong Kong.

Patient monitoring is evolving with artificial intelligence, sensors, smart technology, more

Healthcare IT News - Telehealth

" Rajagopalan added that, "as mHealth rapidly gains traction, wearables, telehealth, social media and patient engagement are expected to find adoption among more than half of the population in developed economies by 2025. The patient monitoring market is expected to be worth more than $350 billion by 2025, as the focus is likely to move beyond device sales to solutions."

The U.S. Can’t Afford Not to Have a Cure for Diabetes

Insulin Nation

Through 2025, health care spending, per capita, is projected to grow by 4.8% of GDP in 2025 will be attributable to health care services and prescription medications. sponsor. A person with diabetes knows that managing this chronic condition can take up a large chunk of one’s personal budget. It’s a bit harder to picture how much diabetes costs the entire U.S. economy, but the thought exercise is eye-opening.

March 2019 Telemedicine News

Enzyme Health

View complete story in the New York Times > Report Predicts Telemedicine Industry at Nearly 130 Billion by 2025 A new report by market research and business intelligence firm Global Market Insights projects the telemedicine industry to cap 130 billion globally and 64 billion in the US by 2025.

EMIS bets on Blockchain with acquisition of Dovetail Lab as key part of Technology Roadmap

Lloyd Price

Existing Dovetail Lab shareholders (comprising management and early stage investors) will retain a 10% share of the original business subject to a call option in favour of EMIS Group exercisable between 2023 and 2025.

Value-based healthcare – what it means for Thailand

Healthcare IT News - Telehealth

Thailand’s population is ageing rapidly with almost half of its electorate above 50 years old by 2025. Healthcare costs are rising and it is not tenable in the long-run to keep building hospitals. One possible consideration for the country is the shift towards value-based healthcare (VBHC), which is about improving healthcare outcomes at lower cost.

Isn’t It Eyeconic? Vision Care in the Evolving Health Care Ecosystem

Health Populi

per average internet user per month in 2025, $3.18 The vision/optical industry is one piece of the health/care ecosystem, but the segment has not been as directly impacted by patients’ new consumer muscles until just about now.

The U.S. is a Nation in Pain – America’s Life Expectancy Fell Again in 2016

Health Populi

The report’s forecast calculates that on the current growth path, deaths from alcohol, drugs and suicide could reach 2 million in 2025 based on a worst-case scenario. American saw the greatest number of deaths from suicide and alcohol- and drug-induced fatalities was recorded in 2016. That statistic of nearly 142,000 equates to deaths from stroke and exceed the number of deaths among Americans who died in all U.S.

Master Guide to Telehealth Statistics for 2019

Enzyme Health

Telemedicine is a big business; by 2025, it is projected to exceed $64.1 If you are working in telemedicine, you should be aware of the latest data supporting this method of healthcare delivery. Get to know the most important data on telehealth market growth, insurance and telemedicine, telehealth technology, telemedicine patient demographics, telehealth patient satisfaction, provider adoption of telehealth, and specialty telemedicine statistics. Telehealth Market Statistics.

Reducing Suicide Calls for Cross-Sector Collaboration

Kaiser Permanente Center for Total Health

The National Action Alliance for Suicide Prevention (Action Alliance) works with more than 250 national partners in reducing the annual suicide rate 20 percent by 2025. On March 21, the Action Alliance brought together its Executive Committee members – senior leaders of public and private sectors –including Kaiser Permanente, the U.S.

How Telehealth Expands Cancer Care Access

GlobalMed

Yet the American Society of Clinical Oncology has projected a significant shortage of oncologists in the United States by 2025. Almost everyone knows someone who has been impacted by cancer, and each diagnosis has its own set of challenges.

Will Robots Take Over China's Hospitals After COVID-19?

Lloyd Price

But will "Made in China 2025" be a blessing for bots or a curse? China's Robot Play The Chinese government has prioritized the development of "high-performance diagnosis and treatment equipment such as medical robots" as part of its "Made in China 2025" plan. The initiative also sets a target for domestic industrial robot manufacturers to account for 50% of the Chinese market by 2020 and 70% by 2025.

Using Predictive Analytics in a Smart Factory

Perficient Data & Analytics

billion by 2025 ( Smith ). So you want a smart factory? Something that drives greater value by combining business processes and physical machines. Update your manufacturing processes from legacy automation to a fully connected stream of data.

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Japan plans 10 AI hospitals to ease doctor shortages

Lloyd Price

Japan's market related to AI-enhanced treatment is set to reach 15 billion yen by 2025, about four times the 2016 tally, according to research firm Fuji Keizai.

A startup with a cause – championing the individual in navigating health care

Digital Health Today

Per the Center for Medicare and Medicaid Services estimates, households will be paying approximately $1T directly out of pocket by 2025. Interview with Kash Kapadia, Founder and CEO of Anchor Health. At the Health 2.0 Conference in Santa Clara, CA, I had the pleasure of having coffee with Kash Kapadia, Founder and CEO of Anchor Health. He is an entrepreneurial business leader who has successfully incubated and scaled innovative digital businesses in diverse industries globally.

Can tech help fix the UK’s broken social care system?

Digital Leaders HealthTech

At Doteveryone, we believe that technology cannot replace care, but used well it could support radical social and structural change, taking us towards a future care system that is sustainable, fair and effective.

FemTech: The rise of Female Health innovation

Lloyd Price

Recent analysis from Frost and Sullivan shows this market to be worth up to $50bn by 2025. Silicon Valley Bank, Zinc.vc and The Up Group recently hosted a breakfast on ‘Female Health Innovation’, often known as FemTech.

Why France's 2019 Health Bill will be key in harnessing health data for research

Lloyd Price

At the same time, the Government had initiated, in December 2016, the Medicine French Genomics 2025 Plan which aims to advance high-throughput genomic sequencing. The access and use of personal health data for research purposes is increasingly receiving press attention. Undeniably, there are renewed possibilities of conducting health research by processing and cross-referencing large volumes of data through sophisticated algorithms.

Strengths, Opportunities, Constraints and Barriers to the Commercialisation of Evidence Based Digital Health Technologies in Australia

Lloyd Price

between 2017 and 2025, reaching $536.6 billion by the end of 2025. ANDHealth ANDHealth is a not-for-profit company that was established in 2017 by a consortium of industry partners.The goal of ANDHealth is to develop a more effective ecosystem to support Australian digital health companies as they navigate the commercialisation pathway to institutional investment and international market entry.

Gratitude and the Promise of Telehealth on the Front Lines of COVID-19

GlobalMed

million new health care workers by 2025 to adequately care for the aging population. Prior to COVID-19 there was difficulty in meeting the global demand for healthcare workers.

Blockchain in Digital Transformation: What the Future Holds

Perficient

It’s already being billed to help businesses rack in an estimated $100 trillion in combined value by 2025. It’s been talked and written about countless times, yet digital transformation continues to turn heads. Blockchain is more than a technology trend.

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Harness Your Enterprise Data Warehouse Strategy

Perficient Data & Analytics

The International Data Corporation (IDC) estimates the amount of data in the world will reach 163 trillion gigabytes by 2025. It is a thought-provoking, long, and crucial process to create an enterprise data warehouse (EDW) stocked with relevant data. However, upon creation, this EDW will ease management, empower the business, and enhance the customer experience. A proper enterprise data strategy can empower a business.

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