Telemedicine-dedicated device and software markets to reach $2.5 billion by 2018

Telecom Lead America: Tablets like Apple’s iPad are
poised to change telemedicine. Telemedicine-dedicated device and software
markets at $736 million in 2011 are anticipated to reach $2.5 billion by 2018
according to a report by Practel.

The report said that the cost of healthcare is rising
every year, having reached 16 percent to 17 percent of the US GDP consuming at
least one percent of GDP each year.

However, it suggest that wide utilization of wireless
communications can reduce healthcare costs by billions of dollars on an annual
basis, with much of that savings derived by reducing hospitalizations and
extending independent living for seniors.


The report said that Telemedicine systems provide a way
to improve clinical care delivery to patients with chronic disease, decreasing
hospitalizations and visits to the emergency room.


The ability to accurately access patient condition via a
combination of advanced testing and telemonitoring creates the opportunity to
intervene when what is called for clinically can make a difference.


The report explores how telemedicine device and software
companies will capitalize on the revenue streams that will come from services


ZTE showcases telemedicine video conferencing capabilities


Recently, ZTE demonstrated its telemedicine and
telehealth video conferencing capabilities at ATA 201, held April 29-May 1,
2012 in San Jose, California. The company said that the solutions
demonstrated at the event will provide flexibility and scalability to health
professionals and improve medical service quality and accessibility for
healthcare consumers.


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