Frost & Sullivan: Increasing Smartphone Penetration Pushes Mobile Health Market In Australia
"Many mobile medical devices are now connected to medical information technology networks and IT networks are these days remotely accessible through the medical devices. This stands out as a desirable developmental trend," said Bhuller.
She continued, "Through the use of mobile devices, patients have immense possibilities for adequate recordings of biomedical signals at home which include glucose analysis, respiratory parameters, blood pressure measurements, and electrocardiogram (ECG) recordings. The storage capacity, faster computing speeds, ease of use, and portability render mobile devices an optimal solution in terms of diagnosis and monitoring of chronic conditions."
With mobility being discussed as a prominent trend, many vendors are focused upon an iPhone or an iPad app. Design and healthcare providers are realizing the need to manage the BYOD trend in hospital settings. The key to success here is developing strong partnerships between device manufacturers, mobile phone vendors, software developers, system integrators and network infrastructure companies that allow companies to create an ecosystem of advanced healthcare delivery technologies rather than isolated mobility solutions.
"Medical and healthcare apps are the third fastest growing category for iPhone and Android phones. The Apple App store now has 17,000 health care related apps, 60% of which are aimed at the consumer," said Bhuller."Existing mHealth applications have shown that the combined use of a mobile network and a connected device can greatly extend the reach of healthcare platforms, and the potential for further development is huge," she concluded. About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact us: Start the discussion Media Contacts: Donna JeremiahCorporate Communications, Asia PacificP: +61 (02) 8247 8927E: email@example.com www.frost.com SOURCE Frost & Sullivan
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV