U.S healthcare industry spend on telecom services to cross $69 billion by 2017-18

Telecom Lead America: With increased adoption of
technology in the healthcare, the US healthcare industry will be spending
over $69 billion on telecommunications services over the next six
years, according to a study.

The study conducted by Insight Research Corporation
predicts spending on telecommunications services by the hospitals, physicians,
clinics, and insurance providers will grow at a compounded rate of 9.7 percent
over the forecast period, increasing from $9.1 billion in 2012
to $14.4 billion in 2017.


The estimated growth will be complimented by the number
of healthcare locations that have been expanded by 16 percent.


Also, the healthcare employment rate will also drive the
spending on the telecommunication services. The research study says that the
healthcare employment rate increases 2.5 times faster than the total national
employment rate.


The market study also notes external forces such as
Federal Government policies, an aging population, and healthcare worker
shortages are cheering the healthcare industry to find alternative approaches
to current treatment practices.


It is suggested that Telecommunications services can
diminish the proximity and system gaps between patients and providers.


“Healthcare providers are avid consumers of
telecommunications services and new technology. The combination of increased
demand for wireless and broadband access, massive data storage demands, and the
conversion to electronic health records (EHRs) and procedures is straining
existing healthcare networks,” said Fran Caulfield, Insight Research


Mobile healthcare and medical app downloads to reach 44 million
in 2012


According to Juniper Research, mobile healthcare and
medical App downloads will reach 44 million in 2012, rising to 142 Million in


The healthcare peripherals market is growing and increasing
smartphone processing power will result in the number of patients monitored by
mobile networks to rise to 3 million by 2016.


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