Register Now
Why register?
Login
 The leading web portal for pharmacy resources, news, education and careers March 30, 2017
Pharmacy Choice - Pharmaceutical News - Brazilian Healthcare's Shift Toward Patient-Centric Care Delivery Bolsters Opportunities for Telemedicine, mHealth - March 30, 2017

Pharmacy News Article

 3/16/17 - Brazilian Healthcare's Shift Toward Patient-Centric Care Delivery Bolsters Opportunities for Telemedicine, mHealth

SAO PAULO, March 16 Frost and Sullivan, a provider of market research and analysis, growth strategy consulting and corporate training services across multiple industries, issued the following news release:

The continuous rise in the number of the elderly and patients of chronic disease in Brazil is highlighting the need for preventive healthcare solutions such as telemedicine and mobile health (mHealth). These two digital healthcare solutions make possible unprecedented levels of efficiency and quality of care, which, in turn, can lower the financial strain on the country's healthcare system. Additionally, they can optimize revenue streams, enhance the touch points for both patients and physicians, and deliver health at the consumers' fingertips.

"There is increasing interest in both professional and consumer-focused digital health solutions, although many of them need to pass the pilot phase and become marketable," said Frost & Sullivan Transformational Health Research Analyst Rafael Pellegrini. "Telemedicine and mHealth participants therefore need to generate customer-centric and scalable business models with proven return on investment (ROI)."

Mobile Health and Telemedicine Markets in Brazil, Forecast to 2020, recent analysis from Frost & Sullivan's Connected Health Growth Partnership Subscription program, finds that the mHealth market reached $531 million in 2016 and is expected to top $1.43 billion by 2020 at a significant compound annual growth rate (CAGR) of 26.3%, whereas the telemedicine market was valued at $522 million in 2016 and is predicted to reach $744 million by 2020 at a CAGR of 8.5%.

Other topics covered under the subscription include: healthcare data analytics, health insurance exchanges, hospital cybersecurity and population health management.

Click here for complimentary access to more information on this analysis and to register for a Growth Strategy Dialogue, a free interactive briefing with Frost & Sullivan's thought leaders.

Even though the benefits of telemedicine and mHealth are undisputable, the market is still nascent and plagued by consumer perceptions of low value. Furthermore, underdeveloped infrastructure, shortage of specialists in certain geographic areas, as well as privacy and security concerns inherent in digital solutions have not allowed the market to reach its potential.

"The telemedicine and mHealth markets are combating consumer reluctance by introducing a constant stream of services and upgrades of the current components and services," noted Pellegrini. "The participants that are most likely to succeed in the market are those that clearly demonstrate the ROI and measure performance and financial savings. This will go a long way in attracting business from B2B clients such as health insurance providers, government and pharma."

07M-Furigay-5807122 07M-Furigay



(c) 2017 Targeted News Service

Pharmacy News Index
  Drug Delivery Systems
  Drugstores
  FDA Final Approvals
  Front Page Healthcare News
  Generic Drugs
  Hospital Industry
  Internet Pharmacy
  IT in Healthcare
  Medicare & Medicaid
  Over-the-Counter Drugs
  Pharm Industry Trends and Policy
  Pharmaceutical Development
  Pharmaceutical Industry

LIVE ONLINE CE

Last Chance
Mar 30: Know Your Value, Know Your Worth: Provider Status in Pharmacy
Last Chance
Mar 31: Medication Safety & Drug Safety Alerts
Apr 03: Headache Disorders: Focus on Migraines & Tension Headaches
Apr 04: Medication Therapy Management and Beyond: Implications for Pharmacists
Apr 05: ADHD in Children & Adults: Etiology, Pathology, Pharmacotherapy
Click for entire Webinar Calendar

Special Announcement

Free Membership
Enjoy Drug Search, industry newsletters and more...

Nursing Jobs
Are you a nurse looking for a job?

Check out the Nursing Job Source.

Your number one choice for nursing jobs.



Websites » RxCareerCenter.comRxSchool.comClubStaffing.comNursingJobSource.comRN.com
Copyright © 2017 Pharmacy Choice - All rights reserved.
Terms and Conditions | Privacy Statement
888-682-4415