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American Telemedicine Association (ATA) 2019 Tradeshow SummaryApril 26, 2019Connected health includes digital health (consumer medical devices, fitness devices, remote patient monitoring, health kiosks, virtual consults), connected clinical care, healthcare IT, and telemedicine. The American Telemedicine Association (ATA) conference continues to expand its coverage of connected health in its discussions and exposition...
How e-commerce can disrupt healthcare provision and distribution: The case of AmazonMarch 29, 2019Amazon is targeting four different parts of the healthcare market through two existing platforms (Amazon Web Services and Amazon Business) and two new ventures (Haven - the Berkshire Hathaway/JPMorgan Chase partnership and the acquisition of PillPack). In this special report, IHS Markit examines the potential for each of these initiatives to disrupt the healthcare market in general and the supply chain in particular.
HLTH – The Future of HealthcareOctober 27-30, 2019 | Las VegasJoin IHS Markit at HLTH, the industry’s groundbreaking event covering disruptive innovations that are driving substantial reductions in health costs and dramatic increases in health quality.
Disruptive innovation and transformative tech ruled at HLTHMay 21, 2018With the spotlight trained on new buzzword mechanisms like blockchain and augmented intelligence, disruptive innovation and transformative technologies in healthcare were the subjects of lively debate and discussion at this year’s HLTH conference. Held for four days in early May in Las Vegas, HLTH presented an expansive forum for healthcare professionals, companies, and policymakers to discuss new advances and challenges confronting the healthcare ecosystem. Drawing representation from the healthcare continuum, such as health payment and delivery, the event also offered insights into how the industry could leverage ongoing disruption toward providing next-generation healthcare.
Veterinary X-ray Equipment Report - 2018February 28, 2018This report presents data for the four primary veterinary laser types in addition to analysis by key regions. The laser types included are computed radiography, conventional analog, digital radiography (FPD, CCD), and portable systems.Subscribers Only
CES 2018 – More than 700 exhibitors focused on digital health, a $21 billion market in 2021January 17, 2018Digital health was a continuing trend at CES 2018 with 26% of exhibitors having an offering within biometrics, health and biotech, sports and fitness, or wearables. Looking at just companies related to digital health, more than 18% of exhibitors were related to consumer-side healthcare. IHS Markit forecasts the global market for digital health will grow from $15.6 billion in 2017 to $21.6 billion during 2021 at a CAGR of 8.5%, rapidly outpacing the traditional medical equipment markets. While much of the show was an evolution from previous years, including sleep monitoring, embedded sensors in clothing, and wrist-worn activity trackers, a few items incorporated broader technology trends such as machine learning, blockchain, medical-related wearables, and home-based diagnostics.
Medical Lasers Report - 2017October 23, 2017Keep pace with rapidly changing medical laser technology and market trends. This report quantifies the global medical laser market by five primary laser types and nine application areas across major regions.Subscribers Only
Advanced Visualization, Virtual Reality and 3D Printing at RSNA 2016December 06, 2016Consumer interest in virtual reality (VR) technology and associated content continued to grow during 2016, with an estimated, forecast installed base of seven million headsets at the end of the year. Entertainment consumption habits, improved technology, inexpensive headwear, and an active start-up community provided a strong environment for VR adoption compared with just two years ago. While the largest category for funding and acquisitions in VR is game development, the medical vertical has also been working to integrate immersive technology. At RSNA 2016, both TeraRecon and EchoPixel were demonstrating integrated advanced visualization software with VR hardware, albeit with different strategies for applying the technologies to healthcare.
Outpatient growth drives ultrasound equipment volumesNovember 03, 2016The global ultrasound imaging equipment market is estimated to have been worth $6.16 billion in 2015; an increase of 1.2% from 2014. This rate of growth is lower than previously forecast, which is primarily due to the impact of a strong US dollar and other foreign exchange fluctuations, which affected the sales of foreign US subsidiaries. The market also experienced a period of highly competitive pricing which lowered average sales prices (ASP), particularly in Latin America and Europe. For some vendors, this ASP erosion was further exacerbated by the effects of shifting foreign exchange rates. Stronger growth is predicted for 2016 because of new product launches from Carestream, Fukuda Denshi, Hitachi-Aloka, and VisualSonics (Fujifilm SonoSite), and because of increased volumes in point of care and obstetrics applications. On a unit volume basis, shipments were up by 4% over 2014. The results for 2016 are expected to be closer to a 5% increase. Growth in the market through 2020 is being driven by uptake of mid-range and high-end cart-based systems in both emerging and developed markets for use in traditional applications. Uptake will also be bolstered by further development of the use of compact ultrasound systems in point-of-care (POC) applications.
MACRA, Telemedicine and Walmart - The ATA Fall Forum 2016October 07, 2016The themes of the American Telemedicine Association’s (ATA) 2016 Fall Forum were familiar, but discussed with increased optimism as the long anticipated evolution from traditional healthcare to more efficient provision is well under way. Some of these themes included EMR integration, healthcare as an international business, increased consumer awareness (Walmart and other direct-to-consumer models), innovation from third party vendors, and the Medicare Access & CHIP Reauthorization Act (MACRA).
Medical Sonographer Survey - US - 2016September 30, 2016The Medical Sonographer Survey is a new addition to the Ultrasound Intelligence Service this year. The primary aim of this survey was to understand medical sonographer awareness and use of ultrasound technology.Subscribers Only
Qualcomm Life and Philips Healthcare Partner for Personalized Connected HealthcareSeptember 21, 2016At the 5th annual Qualcomm Life Connect conference held in San Diego during August, Rick Valencia (SVP Qualcomm Life) and Jeroen Tas (CEO Connected Care Health Informatics, Philips) delivered keynote presentations concerning a new partnership that seeks to spur forward personalized connected health care from healthy living and prevention to chronic care management and home care—IHS Markit refers to the varied technologies surrounding patient connectivity simply as digital health. The goal in creating the partnership is to leverage each company’s respective capabilities, which includes Philip’s connected health informatics and regulated health care cloud data management and analytics (2net), and Qualcomm Life’s platform for secure, medical-grade device connectivity and integration (HealthSuite). Philips will also enable third party medical devices to connect to HealthSuite.
Consumer Survey - Digital Health and Wearable Technology - 2016May 18, 2016IHS conducted this survey to extract the latest consumer trends within digital health and wearable technology.Subscribers Only
Digital Health at CES 2016January 21, 2016With more than 3,600 companies exhibiting at CES in Las Vegas this year, there was a great deal of technological diversity on display. However, it was obvious that areas of emphasis have collected around drones, 3D printing, smart home technology, and connected cars. Fitness monitoring was also widespread, driven by a proliferation of new participants. In addition to these areas of coalescence, smart glasses and HUD development continues from companies such as Kopin, ODG, Vuzix, Recon, and Oculus, while sleep monitoring and smart shoes have reemerged.
Smart Clothing at CES 2016January 19, 2016IHS expects the world market for smart clothing to exceed $600 million in 2020, growing from just $15 million in 2015. Beyond the obvious synergies between clothing and wearable technologies, what justifies such a prediction? This year at CES, a number of smart clothing providers showcased products that will ease smart clothing’s way into consumers’ daily lives. Some of these are new products, while others have added functionality to further their value proposition.
Healthcare IT: Managing the Care Continuum through Technology InnovationNovember 12, 2015As part of the Medical Technology research methodology at IHS, we regularly hold conversations with the vendors providing hardware and software solutions to healthcare providers, as well as the providers themselves. This article is the second in a series that highlights key points from these recent provider discussions. In general, all of the conversations in this series involve managing the care continuum through technology innovation. The following discussion was held with Courtney Green, Director of Nursing at OhioHealth and Sue Schodorf, Application System Consultant at OhioHealth. Specific topics covered include medical human capital management (also known as workforce management), cloud-based solutions, analytics and EMR integration.
Internet of Medical things at Qualcomm Life Connect 2015 – Analyst CommentarySeptember 21, 2015As Nariman Behravesh, lead economist with IHS, has noted “nurturing the process of innovation will ensure that the huge improvement in the human condition that has occurred over the past two centuries was not a fluke of history”. Indeed, nurturing innovation was the primary topic of conversation at Qualcomm Life Connect 2015 (Internet of Medical Things) held in San Diego during August 31 and September 1, 2015. With cautious optimism about short-term growth expectations for digital health, and more resolute optimism for growth in the long-term, the event brought together several key players in the digital health ecosystem that are making use of Qualcomm’s 2net/Healthy Circles connectivity platform. This article is a synopsis of Connect 2015 with additional insight from recent work that IHS has conducted in regard to digital health.
Smart Clothing in Wearable Technologies Report - 2015August 25, 2015The world market for wearable technologies was worth an estimated $11.35 billion in 2014, up by nearly 18% from 2013. The market is continuously experiencing high growth, which is supported by demand from several wearable applications including medical, fitness, and infotainment.Subscribers Only
Wearable Technology Consumer Survey - 2014July 31, 2014This study provides analysis of consumer adoption and awareness of wearable technology in the United States, the United Kingdom and China, serving as a guide to forecasting the market in the near-term.Subscribers Only
Revenue for Sports, Fitness and Activity Monitors to Increase by Nearly $1 Billion Through 2019May 16, 2014Global market revenue for sports, fitness and activity monitors will rise by 46 percent from 2013 through 2019, expanding by nearly $1 billion as health-conscious consumers rush to buy devices ranging from heart-rate monitors to running computers.