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Health Self-Monitoring: Technologies and Global MarketsNEW YORK, June 22, 2015 /PRNewswire/ -- This BCC Research report focuses on technologies that enable the individual to monitor his or her own health. Market projections are given through 2019. healthcare while contributing to lower costs. In addition to the potential benefits in terms of the quality and cost of U.S. healthcare, this is obviously a significant opportunity for suppliers of healthcare IT and related technologies. U.S. healthcare providers presently spend approximately $40 billion per year on all types of IT technologies. GOALS AND OBJECTIVES The goal of the report is to examine market opportunities for health self-monitoring products and technologies that are now on the market or that are likely to enter the market over the rest of the decade. Specific objectives of the report include analyzing the following: - Identify and describe existing health self-monitoring technologies, as well as technologies that are under development. - Estimate the 2014 market for these technologies. - Analyze the major drivers and constraints that will influence the future development of the self-monitoring market. - Project the market for major health self-monitoring technology platforms, devices and software. - Describe and evaluate different vendors' business models. - Assess the potential impact of self-monitoring on the way medicine is practiced. INTENDED AUDIENCE The report has been written explicitly for those with an interest in health self-monitoring, including the following: - Manufacturers and distributors. - Healthcare professionals. - Regulators and health insurers. - Investors. - The financial and analyst community. The report is tailored especially for readers with an interest in the marketing, financial and management dimensions of the health self-monitoring industry. However, readers with a more general interest in the ways in which technology enables individuals to track their exercise, diet, weight and other aspects of their personal health may find it interesting and useful as well. SCOPE AND FORMAT BCC Research has published studies of several related topics, including wearable computing (IFT071A), telemedicine (HLC014E), patient monitoring (HLC038D), smart textiles (AVM050B) and healthcare IT (HLC048D). The present study complements, rather than duplicates, these studies. For example, the wearable computing study (IFT071A) discusses the likelihood that "activity monitoring applications" for sports and fitness will expand to other health and wellness markets but does not discuss these health and wellness application in much detail. IFT071A also discusses "wearable healthcare devices and safety monitors," but the latter are intended more for third-party (e.g., caregiver) monitoring rather than self-monitoring. The same is true of the patient monitoring technologies analyzed in HLC038D, HLC014E and AVM050B. The present report focuses specifically on technologies that enable the individual to monitor his or her own health. Third-party monitoring technologies thus are specifically excluded, except to the extent that the individual being monitored has direct access to the data, in a form useful for self-monitoring. Apps that extract data from an individual's EHR and format and display those data on the individual's self-monitoring device are covered in the report, but not EHRs per se. The latter are covered in BCC Research report HLC048D. Additional, unique topics covered in this report include: - Self-tracking's usability by target groups such as seniors. - Vendor business models (e.g., many self-tracking apps are free. How are vendors going to make money in this market?). - Structural impacts on the healthcare industry. The study format includes these major elements: - Executive summary. - Overview (definitions, enabling technologies, market segmentation). - Market environment (demographic, economic, epidemiological, legal/ regulator, healthcare industry). - Major health self-monitoring platforms. - Health self-monitoring hubs. - Peripherals. - Software. - Company profiles. - Patent analysis. METHODOLOGY Both primary and secondary research methodologies were used in preparing this study. The findings and conclusions of this report are based on information gathered from developers, providers, integrators and users of self-monitoring technologies. Interview data were combined with information gathered through an extensive review of secondary sources (e.g., trade publications, trade associations, company literature, online databases) to produce the baseline market estimates contained in this report. The base year for analysis and projection is 2013. The market projections for 2014–2019 are based on a consensus among the primary contacts combined with BCC Research's understanding of the key market drivers and their impact from a historical and analytical perspective. The analytical methodologies used to generate the market estimates are described in detail below. All dollar projections presented in this report are in 2013 constant dollars. Read the full report: http://www.reportlinker.com/p03041361-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/health-self-monitoring-technologies-and-global-markets-300102733.html SOURCE Reportlinker |