New Report Projects Health IT Growth Will Outpace Healthcare Growth over Next Five Years

A new report conducted by Insight Research of Mountain Lakes, N.J., projects that growth in the health communications and IT industry will outpace growth in the U.S. healthcare industry over the next five years.
By: GlobalMed
 
 
GlobalMed Telemedicine Technology
GlobalMed Telemedicine Technology
July 18, 2012 - PRLog -- A new report conducted by Insight Research of Mountain Lakes, N.J., projects that growth in the health communications and IT industry will outpace growth in the U.S. healthcare industry over the next five years. The healthcare industry is expected to grow significantly, with a predicted expansion of 6.4 percent per year until 2017. However, the money spent on telecommunications and IT is projected to surpass even that, with a predicted annual growth rate of 9.7 percent – bringing the total spent on telecommunications and IT to a whopping $14.4 billion by the year 2017.

Growth in the telemedicine industry has skyrocketed in recent years, due in part to rapid innovations in wireless communications technology over the past decade. Today's patients are technologically savvy and they expect their health care providers to be the same. That is why telecommunications and IT providers who can offer the wireless and broadband access, electronic monitoring, data storage, and other IT capabilities required by health care providers in order to implement the telemedicine programs their patients expect will benefit most from this projected growth.

GlobalMed is proud to have been on the cutting edge of innovative telemedicine technologies for the past 10 years. The Scottsdale-based company offers a wide variety of advanced telemedicine products, including examination cameras, peripherals, digital scopes, software, and fully-equipped telemedicine carts, to help practitioners in all types of health care settings improve access to quality medical care while containing costs for patients. GlobalMed is an award-winning telemedicine company helping doctors, clinics and hospitals across the globe improve patient care. Learn more about the company's innovative telemedicine solutions at http://www.globalmed.com.

GlobalMed, a privately held telemedicine company headquartered in Scottsdale, Arizona, is the leader of telemedicine companies in telehealth hardware and software R&D, design, engineering, manufacture and support. Our team of telemedicine software developers and engineers work closely with scientific and medical professionals—from concept to application—to understand and translate unmet needs into next-generation integrated telemedicine tools unsurpassed in quality, affordability and flexibility. Learn more about GlobalMed online at http://www.globalmed.com.
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Source:GlobalMed
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Tags:Telemedicine, What Is Telemedicine, Telehealth, What Is Telehealth, Medical Technology
Industry:Health, Technology
Location:Scottsdale - Arizona - United States
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