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Telecom, IT and Healthcare: Wireless Networks, Digital Healthcare and the Transformation of US Healthcare, 2009-2014

Telecom, IT and Healthcare: Wireless Networks, Digital Healthcare and the Transformation of US Healthcare, 2009-2014

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Market Study
Published: November 2009
Pages: For full details, please email keithw@cmsinfo.com
Tables: For full details, please email keithw@cmsinfo.com
From: GBP 2496.88  Buy Now!
Research from: Insight Research
Sector: Mobile Content & Apps

In the US, the $2.4 trillion ecosystem of hospitals, physicians, pharmaceutical companies, and insurance providers that make up the healthcare industry will be spending tens of billions of dollars between now and 2014 on telecommunications services and equipment. The new administration has raised the importance of improving health care, while simultaneously solving the costs challenges. Stimulus funding for computerized medical records, prevention and wellness initiatives, research, and workforce training has already started. Rising healthcare industry costs and a shortage of skilled staff have created a lucrative opportunity for technology and service providers, as hospitals and other front-line healthcare providers look to adopt new technology to lower their operating costs. The Congressional Budget Office estimates that by 2025, one out of every four dollars in our national economy will be tied up in the health system.

Fiber optics, wireless access, and digital transmission will transform healthcare networks, while extending care to remote patients via telemedicine applications will lower healthcare delivery costs. The healthcare industry may finally be poised to make the commitment to a new generation of networking technology.

This study examines the transformation of healthcare information technology, the trends in provider care, and the forces that shape this massive industry. We survey a representative number of US hospitals and care providers, make recommendations for carriers who address this industry, and provide forecasts of spending for hardware and network services.

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