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Healthcare Industry Accelerates Wireless Adoption as Spending On All
Telecommunications Services Hits $43 Billion Over Next Five Years, Says Insight
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BOONTON, NJ.
August 18, 2006:
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The $2 trillion ecosystem of
hospitals, physicians, pharmaceutical companies, and insurance providers will be
spending nearly $43 billion on telecommunications services over the next five
years, with wireless services used by hospitals and physicians showing the
fastest growth, says a new market research study released by the Insight
Research Corporation. Forces external to the healthcare industry, such as an
aging population and worker shortages, are pushing the industry to find
alternative approaches to current business practices that are expected to rely
heavily on telecommunications services.
According to the report, “Telecommunications,
IT, and Healthcare: Wireless Networks, Digital Healthcare and the Transformation
of US Healthcare 2006-2011,” much of the high costs inherent in the current
system are related to the proximity of the patient and provider as well as to
the archaic administrative systems used to manage records and exchange
information. Telecommunications can bridge these proximity gaps as well as
provide a normalized set of baseline data that can remain secure and yet be
shared among healthcare workers.
Healthcare has become one of
the fastest growing vertical markets for IT and telecommunications services.
Insight projects that the US healthcare telecommunications services market will
grow at a compounded rate of 5.4 percent, from $6.3 billion in 2006 to $8.1
billion in 2011. Spending on wireless technology is expected to grow at more
than twice the overall rate.
“Population trends and
advances in clinical treatment technology are pushing the healthcare industry to
look at new delivery systems,” says Insight Research president Robert
Rosenberg. “Because the high costs inherent in the current system are related
to the proximity of the patient and provider, exploiting broadband network
services is a cost-effective way to reach patients where they live and pull
costs out of the current healthcare system,” Rosenberg concluded.
A free report excerpt, table
of contents, and ordering information for “Telecommunications, IT and
Healthcare: Wireless Networks, Digital Healthcare and the Transformation of US
Healthcare 2006-2011” can be found online at
http://www.insight-corp.com/reports/telehealth.asp. The full, 167-page
report is available immediately for $3995 (hard copy). Adobe Acrobat (PDF)
report licenses are also offered. Visit our website or call (973) 541-9600 for
details.
For more information please
contact:
Ms. PJ Conger, Marketing Director
973-541-9600
pj@insight-corp.com
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