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Medical IT Market Trends & Directions 2010-2016
Fuji-Keizai USA, Inc, Aug 2011, Pages: 139
Healthcare is huge in the United States; it is a huge debate and a huge expense as Americans get older and live longer. Approximately 30 million Americans are forecast to join the U.S. healthcare system once there is expanded access to insurance coverage starting in 2014, under the Affordable Care Act. That’s fundamentally good for basic healthcare demand and good for information technology adoption and growth rates, as IT plays a much greater role in how healthcare is administered.
Medical IT interventions happen at every point of care – in the doctor’s office, in the imaging center, in the hospital, in the pharmacy and in the home. IT is the centerpiece of reform to lower healthcare costs and better coordinate patient care and, ultimately, make patients healthier and happier with their healthcare. The opportunity isn’t lost on Intel, Dell, Microsoft, AT&T, IBM and every smartphone application developer, among others, all of which are developing IT products and services for the healthcare vertical.
The U.S. stimulus bill, which mandates use of electronic health records (EHRs) for every American by 2014, got the ball rolling on new IT investments, with hundreds of vendors competing to digitize medical records for hospitals and physicians. Beyond the stimulus opportunity, IT is going to be instrumental in meeting healthcare quality, cost and access goals as new models of care emerge, including the IT-enabled and patient-centered medical home.
This report starts with the big-picture view of where the U.S. medical IT market is today and where it’s headed for hospitals, physicians and patients. It drills down into the markets and trends for EHR and e-prescribing (eRx) systems for clinicians; PACS for image management; RFID/RTLS systems for improving patient safety; cloud platforms for health information exchanges; consumer digital health products and services for remote patient monitoring in the home; and smartphone and tablet mobile health applications. This report is important for any company in the medical IT space that needs to know why the future EHR standard of care is visual, why the cloud may be good for the growing volumes of medical data and images, how wireless technologies are enabling smart patient rooms and smart home care, and how the integration of medical IT and mobile technology is reshaping market dynamics.
Included are profiles of key hardware, software and network connectivity providers – the big-names within the health/medical industry, the IT giants with healthcare verticals, and the new startups in the still-underdeveloped markets of cloud and mobile medicine that are attracting interest of private investors. There are also market forecasts by medical IT segments and summary tables identifying hospital/clinical providers and their IT partners.
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