Frost & Sullivan to predict growing impact of videoconferencing on telemedicine

New York 17 July 2001Technological breakthroughs in the videoconferencing industry have positively affected the health care and telemedicine market, enabling videoconferencing systems and service providers to expand their market penetration. A new analysis from Frost & Sullivan titled "U.S. Telemedicine Videoconferencing Systems and Services Market" reveals this market generated $119 million in 2000 and projects revenues to reach $275 million by 2007.

Advertisement

"The health care practitioners are increasingly adopting interactive video systems to deliver enhanced access to medical services, as well as improve the quality of that care at reduced prices", stated Frost & Sullivan Videoconferencing Programme Leader, Roopam Jain. The health care industry, as well as political and regulatory organisations realise the importance and benefits of telemedicine. Every day, new applications for telemedicine are emerging.

"The availability of novel technologies which deliver high video quality at drastically reduced costs combined with the gradual migration to Internet Protocol (IP) networks will continue to drive adoption of telemedicine over the next few years", according to Roopam Jain. The future holds exciting developments as well as numerous obstacles which the industry must overcome.

The use of videoconferencing for telemedicine so far remained an untapped speciality, and vendors have yet to make a conscious effort to help educate the medical community and related end users on the benefits of integration and implementation of videoconferencing into their core communication networks. However, improvements in videoconferencing technologies coupled with the need to curtail spiralling health care costs will increasingly propel the industry to utilise and implement telemedicine solutions on a routine basis.

Frost & Sullivan presents the 2001 Marketing Engineering Awards to companies that have worked diligently to make a positive contribution to the telemedicine industry. A market specific award is granted to Tandberg. The Frost & Sullivan company has large expertise in international strategic market consulting and training. This ongoing research forms part of the Videoconferencing Market Service, including market analyses on Enterprise Videoconferencing Endpoints as well as the United States Videoconferencing Services Market.


Leslie Versweyveld

[Medical IT News][Calendar][Virtual Medical Worlds Community][News on Advanced IT]