Telemedicine is a provision of healthcare services that uses telecommunication technology and multimedia equipment to provide healthcare solutions over a geographic distance. It includes Teleradiology, Teleconsulting, Telemonitoring, and Telesurgery. Teleradiology, the electronic transmission of radiographic images (from radiologists sitting at a distant location) from one location to another for interpretation and consultation, has the largest share among all the segments of Telemedicine.
Although India is estimated to account for about half of it , the medical tourism market remains a sizeable opportunity for South East Asia.
The report provides the most current and accurate estimates of the sales, employment and establishments in the industry.
The Asia Pacific healthcare markets are expected to grow at about 10 per cent in 2008. This year is a key year to the Asia Pacific healthcare industry as a trend of migration from "sick care" mentality to "health care" philosophy is happening.
Too many hospitals, governments and agencies do claim ludicrously high figures, but there is general agreement that the top four Asian countries (India, Malaysia, Singapore and Thailand) get in excess of one and a half million medical tourists a year.
EHRs will help change the healthcare industry from today’s reactive, frenetic environment to one that is more proactive, informed and leverages planned workflows. The majority of players in healthcare realize this, but reaching a consensus on how to make this transition has been difficult to say the least.
Closing the seams examines the preparedness of healthcare systems, identifies gaps, and highlights emerging solutions and innovative best practices that can be leveraged to help providers and communities deliver healthcare in the face of the unknown.
Healthcare is in the forefront of the collective American mind this year, more so than it has been in over a decade. As consumers are given more responsibility over healthcare decisions—from insurance to drugs to provider options—health executives will be expected to publicly convey their industry’s quality, safety, and affordability.
Picture Archiving and Communication Systems (PACSs) will play a more prominent role within healthcare services as institutions seek ways to improve efficiency and provide a higher standard of care. PACS addresses providers’ storage, retrieval, distribution and presentation requirements for medical imaging.
The Chinese economy has witnessed tremendous growth since 1980, when the government began to implement reforms to transform the economy from a centrally planned system to a market-oriented system. The Chinese economy is expected to record an annual growth rate of 8.0 percent during the 11th Five-Year Plan (2006-2010).
The Japanese diabetes diagnostics market is the largest market in Asia Pacific. It has grown at a stable rate in 2005 and is expected to grow at a higher rate over the period 2005 to 2012. This is considered to be a high growth market with immense market potential. The increasing incidence of diabetes and the resulting higher volumes of diagnostic tests are bound to support this strong growth.
The growing demand for quality healthcare and the absence of matching delivery mechanisms pose a great challenge and an even greater opportunity. Here’s an informed view of trends
& drivers for the Indian healthcare industry.
The clinical laboratory instrumentation market has become fiercely competitive with every new placement resulting in a gain for one market participant but a direct loss of revenue for another, particularly since there is no lack of capital and financing in the Singaporean market. The total clinical laboratory instrumentation market in Singapore was valued at US$ 11.4 million in 2005 and is forecast to grow by 4.4 percent in 2006.
The South Korean diabetes diagnostics market grew at a higher pace in 2005 over 2004, and is expected to grow even at a higher compound annual growth rate (CAGR) from 2005 to 2012.
The Chinese diabetes diagnostics market is the second largest in Asia after Japan. The market witnessed a growth rate of 4.7 percent in 2005 over 2004 and is expected to grow at a compound annual growth rate (CAGR) of 7.0 percent during the period 2005 to 2012.
In 2006, the Singapore medical device market stands at US$178 million, similar to that of
Chile or Slovenia. In per capita terms, with a total of US$41, the market is similar to that of fellow Asian Tigers Korea and Taiwan.
The growing ability to access and exploit the expanding wealth of biological knowledge is beginning to transform both the life science and healthcare industries through the emerging field of personalized health.
Technology that will change the landscape of diagnostic imaging. Coverage of key participants and developments.
Overall CAGR of the antihypertensive market is declining. In 2005 the antihypertensive market across the seven major markets grew by only 4.4%. However, Datamonitor forecasts suggests that growth between 2006 and 2010 will slow to only 2.4%, and growth between 2006 and 2015 only amount to 1.5%.
The revenues in the industry totalled US $115.5 million in 2005 and are likely to reach US $197.9 million in 2009.
The European healthcare IT market is set to experience steady growth riding on the initiatives shown by regional and national health authorities. Some regions will move swiftly to capitalise on the benefits to the healthcare industry. These markets represent the biggest potential for Outsourcing.
By 2015, consumers will assume much greater financial oversight and responsibility for their healthcare, which, in turn, will drive the demand for value data that is readily accessible, reliable, and understandable.
The Asia-Pacific healthcare equipment and supplies market grew by 5.7% in 2005 to reach US $33.1 billion.
From admission to diagnostic and medical support services, the modern healthcare centers rely on wide range of software applications.
Although realizing the potential of new technologies will depend on overcoming challenges such as regulatory and reimbursement hurdles, new diagnostic opportunities will expand the IVD market to over $40bn by 2010.
The four BRIC countries accounted for 5.5% of the world market in 2005. Both Brazil and China are in the world's ten largest markets.
Though increasingly capable of manufacturing its own basic medical supplies and instruments, Taiwan still relies almost wholly on imports.
With the expanding breadth of digital communications and the increasing capacity and decreasing costs of complex devices, it has become possible to communicate medical data in new and exciting ways.
Digital technology enables x-ray modalities to detect problem sites more rapidly and with greater accuracy helping fuel hospitals’ transition from film-based systems to filmless environments.