U.S. Telehome Care Markets

Published by: Frost & Sullivan

Published: May. 1, 2000

Table of Contents

• Introducing the Market Engineering Consulting Report
  
  
  
  • Overview
    
  
  
• Executive Summary
  
  
  
  • Introduction to theU.S. Telehome Care Market
    
  • Summary of Major Findings
    
  
  
• Industry Challenges and Research Methodology
  
  
  
  • Identification of ChallengesFacing the Telehome Care Market
    
  • Frost & Sullivan's 12-Step Market Engineering Research Methodology
    
  • Market EngineeringForecasting Methodology
    
  
  
• Current Status of theHome Healthcare Market
  
  
  
  • Market Overview
    
  
  
• Market Engineering Research for the U.S. Telehome CareMarket- Provider and Supplier Perspectives
  
  
  
  • Perspectives on the Total Market
    
  • U.S. Telehome CareMarket: Provider Perspective
    
  
  
• Competitive Structure ofthe U.S Telehome Care Market
  
  
  
  • Introduction to theU.S. Telehome Care Marketplace
    
  
  
• Cost Savings Associatedwith the U.S. Telehome-Care Market
  
  
  
  • Industry Cost Savings Analysis
    
  
  
• Market Engineering Planning in the Telehome Care Industry
  
  
  
  • Integrating Market Engineering into the Business Planning Process
    
  • Using Market Engineering Planning to Support the Business Planning Process
    
  
  
• Implementation of Market Engineering
  
  
  
  • The Purpose of MarketEngineering Monitoring
    
  • How to Design a Successful Monitoring Program
    
  • Top Ten Critical Elements of a Market Engineering Program in the U.S. Telehome Care Market
    
  • Frost & Sullivan's Strategic Recommendations for Further Research
    
  
  
• Database of Key Industry Participants
  
  
  
  • Market Participants
    
  
  

Abstract

In recent years, home healthcare has grown as an alternative to hospital stays; new technologies allow home healthcare nurses to monitor patients from a central station rather than traveling to remote areas for routine, chronically ill, or recuperating patient check-ups. Remote patient monitoring is less expensive, more timely, and is efficient methodology. As demand grows, the telehome care market is growing rapidly.

This Frost & Sullivan report presents an in-depth look at the U.S. telehome care markets for both the provider and vendor by analyzing the drivers and restraints of this emerging industry. Gain an advantage over uninformed competitors with this insightful research.

Challenges Could Impede Market Growth

While this technology is presently available, there are several challenges to market penetration. Access to this market is restricted to those with computers, and the technology is not as affordable as predicted. Also regulatory or pending issues have yet to be resolved.

"Physician licensure remains a problem," state the author of this report. "Numerous states have passed laws or regulations stating that the interstate practice of medicine via electronic means is illegal unless the distant consultant possesses a license in that state."

Market Alliances and Consolidation Key to Success

After home healthcare agencies offer telehome care as an option for their patients, only widespread success will compel the agencies to form alliances with hospitals and other traditional healthcare providers. "As home healthcare agencies consolidate and become affiliated with hospitals, we will see greater movement towards adoption of telehome care," say the authors. "Hospitals are projected to be the main drivers of this program." Smaller market participants need to stay apprised of rapid technological advancement and adapt to the changing competitive environment even as large corporations enter the market.

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