Global Digital Economy - E-Health and M-Health - Insights, Stats and Analysis
Throughout the world, a significant portion of GDP is spent on healthcare. New technologies are increasing life expectations and improving our lifestyle. The cost of this, however, is enormous and it is difficult to finance these huge advancements through the public health systems.
In countries with a clear policy for an advanced broadband infrastructure (i.e. National Broadband Networks/NBN), we see e-health emerging to allow us to enjoy these advances in medical technology at more affordable costs. On truly high-speed broadband networks, E-health is rapidly shaping up as one of the key killer apps.
Millions of people around the world can potentially benefit from e-health applications. Cost savings through e-health are expected to be between 10% and 20% of total healthcare costs. Despite the need for cost saving measures, high-quality health care needs to be provided and maintained. So through e-health at least we can increase quality without increasing costs.
BuddeComm believes that the alternative to not embracing e-health is to accept a significantly inferior healthcare service in the future. Countries that are lagging in broadband infrastructure developments are going to face, not just a telecoms dilemma but, more importantly, they are going to face a health crisis.
The following report includes recent industry insights on the e-health and m-health sectors and provides a global market summary that incorporates trends, statistics and examples. The report is designed to provide current observations, which may assist investors, analysts and industry participants in making investment and business decisions. For examples of projects and pilots from around the world, see separate report: Global Digital Economy - E-Health and M-Health Initiatives, Pilots and Projects.
Healthcare regimes all over the world are in crisis, as healthcare costs continue to rise. Cloud computing and M2M initiatives are key to sustainable healthcare. Big Data could save the health sector billions of dollars. M-health initiatives are of special interest to developing nations with high mobile penetration.