Provider adoption of telemedicine solutions is largely driven by the need to fill gaps in patient care, particularly among hospitals, according to HIMSS Analytics' 2014 Telemedicine Study, published on Wednesday.
Long troubled by inefficiency, waste and scandal, nobody has expected much from Veterans Administration (VA) healthcare of late. But over the last decade, the VA has been quietly working on a telehealth platform that is starting to look like the ...
By the year 2020, the patient monitoring market in the U.S. is expected to grow by about $5 billion--mostly because of the expansion of telemedicine use, according to a reportby iData Research.
The report also looks at the impact vital sign monitors, fetal and neonatal monitors, cardiac output monitoring devices and blood pressure monitors will have on the market, among others. In addition, the telehealth market in the U.S. is projected to grow in double digits in the next five years, according to an announcement on the report, with telehealth for disease conditions management set to make up more than half of that market.
Public and private organizations will also help telemedicine grow as they budget more funds for the technology in the ensuing years, according to the announcement.
Other factors moving telemedicine forward are changes in reimbursement and healthcare policies, which will increase physician confidence in spending money on the technology. according to the iData report.