- Connected Health Research - Connected Health Research Frost & Sullivan Global Digital Health Outlook, 2018 At the beginning of this decade, Frost & Sullivan invented the definition of Digital Health to include convergent market segments, such as healthcare information technology (HCIT), remote patient monitoring (RPM), mobile health (mHealth), and telemedicine. Over the last five years, these segments have become increasingly sophisticated as new technologies have made their way into healthcare. The industry will see a rapid dissolution of segment boundaries as technologies such as mHealth, analytics, cloud, and telemedicine are integrated across the board. While technology diffusion may be passive in some areas, industry regulations that focus on value and innovation drive a large part of the transformation. Value-based care transformations are a crucial motivation for investments in technologies that enable cost reduction, benefits maximization, and transparency. The abundance of opportunities for new solutions, services, and business models that can be brought into healthcare makes this space exciting and lucrative for all types of businesses. Fundamental industry paradigms are changing, not because of the increasing participation of non-healthcare companies (especially technology vendors) in healthcare, but because of the new attitude they bring to organizational workflows and consumer experiences in the industry. At the country level, the philosophy of global governments relating to healthcare could spark, sustain, or delay momentum in terms of funding, coverage, and technology enhancements. This report cites examples in the United States, China, India, Japan, Australia, and Southeast Asia, where current government policies will have significant impact on healthcare costs, quality, and access. Learn more about Frost & Sullivan s current views on digital health here at PROMO--

Research Scope

This report captures both important trends and predictions impacting the industry now as well as presents topline forecasts for the global digital health market. The report discusses healthcare trends by region based on increasing interest in digital health worldwide. In addition, this report presents information on important companies, both established and new, chosen by Frost & Sullivan’s analyst team to highlight as companies to watch.

Presented Segmentation:

  • Digital Health Market
  • Total Market
  • Health IT
  • Telehealth

Regional Segmentation:

  • Global
  • North America
  • Europe
  • Asia-Pacific
  • Rest of World

Key Issues Addressed

  • What are the leading areas of growth opportunity in digital health in 2018?
  • What are the current healthcare trends across the global markets that could apply to digital health?
  • What does the market forecast for digital health, HCIT, and telehealth look like now and in the future?
  • What is the current interest in artificial intelligence (AI), digital therapeutics, electronic medical record (EMR) usability, and other factors?
  • What are some important leading vendors to watch in the near term?
  • What are some interesting start-ups operating in global digital health markets?
Tue, 10 Jul 2018 00:00:00 +0100
Reimagining Healthcare Delivery: Impact of Gamification and Patient Engagement Healthcare industry has undergone major transformation in the last decade with the incorporation of digital technologies. The changing technological as well as social trends, which focuses more on consumerism of healthcare which includes personalized interventions, making patients more accountable for their healthcare, disease awareness, is aimed towards providing greater quality healthcare at a lower cost. Enabling this changing trend is use of gamified products in the healthcare industry. Gamification in healthcare supports behavioral change in patient population, encouraging self management and better patient engagement. Gamification has positive effect on patients health by promoting adherence to treatment, and increasing motivation to fight diseases. Fri, 29 Jun 2018 00:00:00 +0100 Vision 2025 Healthcare in the Smart Home Smart homes are no longer an emerging concept. Consumers are not only warming up to the idea but also buying home automation products. Smart speakers seem to be the favorite, with sales jumping from a meager 6 million units in 2016 to a whopping 33.2 million units in 2017. The developing ecosystem of home automation products that each of these current smart speakers provides is encouraging the sale of related lighting, energy and home security products. Growing alongside this trend is the potential for healthcare services to be provided in a smart home. In fact, several health services being can be integrated with existing smart home infrastructure: telehealth, remote patient monitoring, simple medication reminders, or answers to health information queries. But the true potential of a smart home that offers care lies in identifying the unique health needs of each individual residing in a home from infants or the elderly and serving those unique needs simultaneously. In the future, the true smart home (which will evolve from the current connected home ), and the further evolved intelligent homes will be able to do this with ease, and monitor the entire health and wellness of all residents enabling a proactive approach to care, instead of reactive. For now, the homes can serve the needs of aging-in-place, chronic disease management and post-acute care. Naturally, the current ecosystem is somewhat fragmented, operating in silos. However, a platform integration of multiple health-related services with other non-health, consumer related services will be the next step for most vendors serving this space; for example, motion sensors can automatically turn up the lights for senior grandmother in an aging-in-place scenario.--BEGIN PROMO--

Research Highlights

This study covers the concept of a smart home delivering healthcare, including the services, framework and the technology stack. It also delineates all of the resident profiles and their individual health needs that a smart home must cater to. For each of the application segments mentioned earlier, it covers the features a smart home must have to provide services for those segments. In addition, regional trends and statistics on current connected home penetration across the world have been included. Revenue forecasts for the overall smart home, as well as for the health and wellness ecosystem are provided. In addition to the ecosystem for a care delivering smart home, a spotlight on the key companies to watch in this space has been included. Finally, analyst commentary on business models, future evolution and a glimpse of the smart home providing care has been covered.

Key Issues Addressed

  • Are we really in the age of smart homes? What is the level of consumer interest in the concept? What should a Smart Home Tech Stack comprise for enabling healthcare services?
  • Which healthcare services can be delivered in the smart home, and how will they evolve? What trends are affecting these developments?
  • What are the resident profiles, and their unique health needs in a smart home, that the care delivery services must cater to?
  • Which care delivery segments can be served by a smart home healthcare service, and what features must smart homes have to enable such services?
  • What is the level of regional readiness for smart homes healthcare services? How does that compare to the existing smart home penetration across the world?
  • Who are the players in this ecosystem, which are the key companies to watch? What business models can be leveraged in this space? What does an ideal smart home delivering care look like?
Wed, 27 Jun 2018 00:00:00 +0100