Get the Vitals on the Emerging Medical Electronics Market and Save Money

Life expectancies continue to increase, with the median growing six years from 68 to 74 in just over a decade, according to a report just released by the World Health Organization.  Improvements in healthcare have improved the quality of life for people around the world, but more improvements can be made with new medical electronic devices like wearables.  

Semico has recently combined our medical reports into one package deal for a savings of 20% over the individual report cost.  Our medical reports include a wearables forecast, smart phone forecast, chronic care and wellness forecast, and remote patient monitoring forecast.  Additionally, Semico has looked into the main markets companies should be investing in, and how consumers are using new innovations. 

"We need more companies focusing on residential healthcare," says analyst Michell Prunty.  "Right now, about 90% of the elderly want to continue living in their own homes, instead of going to a nursing home, and it's not hard to understand why.  According to the EBRI (Employee Benefit Research Group), the household wealth of those who have never had to go to a nursing home is almost $180,000 while for those who have had to stay in a nursing home six months or more it was closer to $5,000.  This is a huge monetary drain on the family that could be solved with a relatively affordable home healthcare solution." 

Several key findings from these reports:

• Remote Patient Monitoring will see revenues increase to over $9.2 billion in 2017
• The elderly in nursing homes will increase from 3.4 million in 2010 to 6.0 million in 2020
• Worldwide revenues for mobile fitness and wellness will reach over $21 billion by 2017
• Mobile wellness accounts for over 50% of total mobile health revenues

Semico breaks out the forecast into multiple markets, including Mental Health, Clothing, Fertility, Fitness, Mobile Wellness, Medical Bracelets, Remote Patient Monitoring, and Digital Hearing Aids. 

The Aging in Place report is 97 pages long and includes almost 100 figures and tables.  Companies mentioned include: ER-Card, AirStrip Technologies, Practice Fusion, LionsGate Technology, WigWag, ATW, Care Monitor, Diversinet, Asthmapolis, Moticon, Medtronic, CardioNet, HealthSpot, Scanadu, ExpressMD Solutions, Sonamba, Mosimo, iHealth Labs, Accu-Chek, Cellnovo, Dexcom, iBGStar, MyGlucoHealth, AdhereTech, AllazoHealth, Withings, AliveCor, WahooFitness, Mio Alpha, ICEdot, Avery Dennison, Corventis, iRhythm, 9Solutions IPCS, A&D Engineering, Analog Devices, Bosch, Boston Scientific, Cactus Semiconductor, Danfoss PolyPower A/S, Freescale, HeartMath, Honeywell, Intel, Maxim Integrated Products, Plessey Semiconductors, Qualcomm, Philips, STMicroelectronics, Texas Instruments, Ortho-tag, and more.    

The Mobile Healthcare report is 104 pages and has over 110 figures and tables.  Some of the companies discussed include: Omek, Movea, Apple, Neurowear, Imec, AiQ Smart Clothing, Textronics, Heapsylon, Electric Foxy, Moticon, Nuubo, Cambridge Temperature Concepts, Misfit Shine, Amiigo, Basis, Finis, Fitbit, Jawbone, Google, ValenCell, Withings, O-Synce, adidas, Nike, Under Armour, 4iiii Innovations Inc, Impire, Omegawave, Cellnovo, Dexcom iBGStar, AliveCor, iRhythm, Wahoo Fitness, Mio Alpha, ICEdot, The Prevention Plan, 9Solutions IPCS, Analog Devices, BodyMedia, Bosch, Cactus Semiconductor, Danfoss PolyPower A/S, Freescale, InvenSense, Maxim Integrated Products, MEAS Switzerland, Metria, Plessey Semiconductor, Qualcomm, Polar, STMicroelectronics, Texas Instruments, AdvaMed, ZigBee Alliance, Continua Health Alliance, ANT+ Alliance, and more.

For More information, contact Rick Vogelei.
Phone: (480) 435 - 8564
Email: rickv@semico.com