NEW YORK, Aug. 19, 2015 /PRNewswire/ -- Recent partnerships demonstrate the fast growth in telemedicine, according to Kalorama Information. The healthcare market research publisher said interest in telemedicine and telehealth has exploded over the last decade. Kalorama estimates will reach $33.7 billion by the end of 2015. With the use of mobile phones in healthcare, the firm says patients, nurses, physicians, emergency department and hospital administration all stand to benefit, bringing an opportunity that companies such as IBM Watson Group, Honeywell Life Care Solutions, MultiCare Health System, and Envision Healthcare have all embraced. The entire mobile health industry is comprehensively studied in Kalorama's report, mHealth Markets Worldwide.
Mobile Health Device (mHealth) Markets Worldwide can be found at Kalorama Information: http://www.kaloramainformation.com/redirect.asp?progid=87738&productid=9138421.
"The National Institutes of Health lists nearly 500 clinical trials related to telemedicine, many of these utilizing mobile applications as one component of a system," said Bruce Carlson, Publisher of Kalorama Information. "So it's not surprising that companies are looking to jump on the mobile telemedicine bandwagon."
Recent partnerships include:
- IBM Watson is an analytics company with a system for managing data using cognitive computing, a method of connecting and managing data in nearly the same way people think. IBM Watson and Pathway Genomics have teamed up to provide users with personalized healthcare information for mobile devices. Using IBM Watson's cognitive computing technology, Pathway Genomic's Pathway Panorama application references complex healthcare data and combines it with information about a user's lifestyle and biomarker data for improving care, in combination with the patient's physician.
- Honeywell Life Care Solutions and MobileHelp, an industry leader in mobile medical alert technology, announced in January of this year that they were expanding an already existing business collaboration. Creating a step-down solution for patients who are moving through the care continuum, Honeywell will now be offering MobileHelp's consumer-facing telehealth solution, MobileVitals, through its healthcare provider channel to optimize patient care transitions and medical oversight.
- MultiCare Health System announced in April its partnership with Doctor On Demand, a healthcare service that provides video visits with board-certified physicians, psychologists, and lactation consultants via smartphones, tablets, and desktop computers, to offer video doctor visits to patients in the state of Washington. The new service, MultiCare Doctor On Demand, provides patients immediate access to physicians for a wide range of medical issues including cough, flu, eye infections, urinary tract infections, sports injuries, and more from the convenience of their own homes.
- Envision Healthcare announced in July announced a strategic partnership with InTouch Health, a leading provider of telehealth network and services for more than 1,300 hospital locations, to combine Envision's array of more than 27,000 clinicians and integrated technologies for healthcare staffing services with InTouch Health's telehealth platform. This partnership brings together InTouch Health's telehealth network and Envision's physician-led provider network to deliver coordinated patient care in the acute, ambulatory, and community care settings.
Mobile health systems are emerging in response to the increasing healthcare needs of an aging population, new wireless technologies, better video and monitoring technologies, decreasing healthcare resources, an emphasis on reducing hospital days, and growing confidence in cost-effectiveness. Physicians, medical students, nurses and other healthcare workers often use a variety of information sources each day. The use of mobile devices and applications (mobile device software) has proven itself to be an efficient way for professionals to stay connected as the industry grows and changes.
mHealth Markets Worldwide evaluates the professional healthcare market for mobile devices. All market data pertain to the global market with selective regional and country data. The base year for data was 2015. Historical data was provided for 2010 through 2014 with forecast data provided for the years 2016 through 2020. The forecasted market analysis for 2015-2020 was highly influenced by the uptake of new technologies in the health industry, government incentives and requirements, product marketing, availability, and demographic trends.
Mobile Health Device (mHealth) Markets Worldwide can be found at Kalorama Information:
About Kalorama Information
Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. Reports can be purchased through Kalorama's website and are also available on www.marketresearch.com and www.profound.com.
We routinely assist the media with healthcare topics. Follow us on Twitter, LinkedIn and our blog at www.kaloramainformation.com.
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SOURCE Kalorama Information