Radiotherapy Industry Research Forecast

Radiotherapy 

Radiotherapy which also known as radiation therapy or radiation oncology is a technique to damage or kill cancer cells and stop them from growing using x-rays, gamma rays, electron beams or protons. It is one of the most common treatments for cancer. It’s often part of the treatment for certain types of cancer, such as cancers of the head and neck, lung, bladder and Hodgkin disease. Many other forms of cancers are also treated with radiation therapy.

Principles of Radiotherapy

• Delivering of an optimal and balance dose to the tumor.
• Measures stimulating protective forces of the body.
• Minimal damage of surrounding organs & tissues.

Following types of radiation used to treat cancer

• Photons (x-rays and gamma rays), which are most widely used for cancer treatment
• Particle radiation (such as electrons, protons, neutrons and beta particles)

Radiotherapy Industry

Recent report published by MarketsandMarkets forecast that The global market, consisting of devices used in both systemic and blood-borne oncology treatment procedures, was valued at $4.4 billion in 2011 and is expected to reach $5.8 billion by 2016, at a CAGR of 5.3% from 2011 to 2016.

                                Radiotherapy Devices Market share analysis

                                         Image Source : MarketsandMarkets

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Dental Equipment Industry Details and Forecast

Dental Equipment

Dental equipment or Dental instruments specially used by dental professionals to perform the clinical related tasks. There are many types of dental equipment that are commonly used in dental practices, such as surgeries, cleaning and restoration of the teeth/tooth. Dental equipment tools are used by dentists--and also often by assistants--to examine, remove teeth, restore teeth as well as maintain the gums and the rest of the related problems. Dental equipment includes dental chairs, scaling units, hand pieces, CAD/CAM systems, instrument delivery systems, dental lasers, intra oral and extra oral radiology equipment, and CBCT scanners.

Classification of Dental Instruments

• General Equipment

S. No.	Equipment	Functions
1	Explorer	To Examine teeth for decay (caries), calculus, or canals and other anomalies
2	Dental Mirror	To provide indirect vision To retract lips, cheeks, and tongue To reflect light into the mouth
3	Ultrasonic Scalar Unit	To use with water-cooled ultrasonic tips, to remove calculus
4	Syringe	To rinse and dry specific teeth or entire oral cavity
5	Air/Water Tip	tip is inserted into a valve that will allow the dental professional to blow air or squirt water on the desired area in the mouth.

• Extraction/surgical Equipment

S. No.	Equipment	Functions
1	Wilson	The Wilson is the instrument that the dentist may use to pry back the gum tissue in performing an extraction.
2	Elevators	During the extraction process, elevator instruments are used to pry back the gum tissue and dig underneath the tooth in order to thrust the tooth upward for extraction.
3	Forceps	There are a variety of forceps used in extraction procedures.

• Reconstruction Equipment

S. No.	Equipment	Functions
1	Hand Piece	Commonly known as the drill, the dentist uses the hand piece along with a variety of different bits to eliminate the decay, prepare a tooth for a crown
2	Amalgam Carrier	The amalgam carrier consists of a small tube on one end and a large tube on the other end.
3	Plugger	After the amalgam is inserted into the tooth, the dentist uses the plugger to firmly pack the amalgam. This ensures all the air pockets are filled and allows the dentist to insert the maximum amount of amalgam.
4	Carver	The amalgam, which is inserted into the drilled portion of the tooth, needs to have a smooth surface that will allow the upper and lower teeth to fit together when the patient bites down.
5	Spatula	Whenever a tooth is capped, the crown, being either stainless steel or porcelain, will need to be glued to the remaining portion of the tooth. The assistant will use the spatula to mix the proper glue solution and powder to create the desired mixture.

• Dental Chair

Dental Chair is Designed to position patient comfortably while providing doctor and assistant easy access to oral cavity.

Some Images of Dental Equipment (Source Wikipedia)

Dental drills

Dental Mirror

                                                      Dental Chair

Dental Equipment Industry 

Recent report published by MarketsandMarkets forecast that the global market for dental equipment was valued at $4.5 billion in 2011 and is expected to reach $6.1 Billion grow at a CAGR of 5.8% from 2011 to 2016. Key player companies in the global dental equipment market include Danaher Corporation (U.S.), Sirona Dental Systems (U.S.), Planmeca Oy (Finland),  BIOLASE Technology Inc. (U.S.), Midmark Corporation (U.S.), Nakanishi Inc. (Japan), GC Corporation (Japan), Henry Schein Inc. (U.S.), Patterson Dental (U.S.), Sybron Dental Specialities Inc. (U.S.), and Young Innovations Inc. (U.S.), A-Dec Inc. (U.S.).

                 

                                                 Dental Equipment Market Share Analysis

                                             Image Source : MarketsandMarkets

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Health Insurance Exchange IT Industry Forecast

Health Insurance Exchange 

Health Insurance Exchange is marketplaces where people and small businesses can purchase health insurance. Any individuals may also use the Health Insurance Exchange to enroll in Medicaid. It is known as major healthcare reform and primary goal of Health Insurance Exchange to help more people get insured, improve health care quality and increase transparency of health care coverage costs.

Following are the functions of Health Insurance Exchange

• Consumer Assistance
• Provide support to consumer
• Provide call center assistance
• Management and Handling of Website

• Plan Management
• Analysis of available Plan
• Plan Selection

• Eligibility
• Accept Insurance Application form
• Verify information of application
• Determine eligibility
• Connect Medicaid eligible applicants to Medicaid

• Enrollment
• Enrollment of consumers into appropriate health plan
• Advance payments of the premium tax credit 

• Financial Management 
• Risk management related to finance
• User Fees Acceptance 
• Maintain Financial Integrity

Consumers of Health Insurance Exchange

• Individuals

         Any Individual

• Small businesses

         Any Small industry where less than 50 employees are working

Health Insurance Exchange IT Industry 

One recent report published by MarketsandMarkets about Health Insurance Exchange IT Market forecast that the Health Insurance Exchange (HIX) IT market estimated at $1,609.7 Million in 2013 is expected to reach $2,656.4 Million by 2018, growing at ultimate CAGR of 10.5% from 2013 to 2018. Some leading companies in the health insurance exchange IT Industry are Accenture (Ireland), CGI Group, Inc. (Canada), Deloitte (U.S.), IBM Corporation (U.S.), Infosys (India), MAXIMUS (U.S.), Oracle Corporation (U.S.),Xerox Corporation Ltd. (U.S.), and other emerging players such as Connecture (U.S.), Cognosante (U.S.) etc.

          Health Insurance Exchange IT Industry, By Type, 2013–2018

                                             Image Source : MarketsandMarkets

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Additive Manufacturing Medical Devices Industry Research and Forecast

Additive Manufacturing

Additive Manufacturing is process of joining materials to make object from three D model data usually like a layer upon layer. The Additive Manufacturing task starts with a three D model of the object, generally created by CAD software. Specialized software cut this model into cross-sectional layers, creating .STL file and sends to Additive Manufacturing machine. The Additive Manufacturing machine then creates the object by adding layers of material.

Following steps involve in additive manufacturing Process

1. Material Development
2. Design Modeling & Simulation
3. Materials Processing & Layering
4. Final Product 

Additive Manufacturing for Biomedical applications

• Orthopedic Implants
• Human Anatomy
• Surgical instrumentation
• Tissue engineering
• Printed Organs

There are following Benefits of Additive Approach

• Speed
• Without using molds or dies, additive allows you to make parts and several prototypes on demand.
• Cost
• There are no needs to build a mold and design changes that can be made without adding cost.
• Design Freedom.
• The Design Changes made quickly and easily, the machining and tooling are eliminated.
• Convenience
• Production and design can all take place in house on your schedule.

Additive Manufacturing Industry

According to recent report that published by MarketsandMarkets forecast that the Additive Manufacturing Industry is a potentially growing market in every manufacturing sector with a global additive manufacturing market of $1,843.2 million in 2012 and is expected to grow at a CAGR of 13.5% that is ultimate growth rate to reach $3,471.9 million by 2017. These are main players in this market are 3D Systems Corporation (U.S.),  EOS GmbH Electro Optical Systems (Germany), Fcubic AB (Sweden),3T RPD (U.K.), Arcam AB (Sweden), Biomedical Modeling, Inc. (U.S.), Envisiontec GmbH (Germany), GPI Prototype and Manufacturing Services, Inc. (U.S.).

Global Additive Manufacturing  Market Share, By Industry, 2012 (%)

                                        Image Source : MarketsandMarkets

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World Vendor Neutral Archive and PACS Industry Trends

Vendor Neutral Archive (VNA) Introduction

VNA is medical imaging technique where images and documents related to healthcare are stored in standard format with a standard interface, such that they can be accessed in vendor – neutral manner. VNA enables hospital to have access complete patient records in standard viewer formats.

Vendor neutral Achieve Benefits

• Vendor neutral Achieve supports multiple departments and enterprise
• It maintains patient privacy
• It include life cycle management
• It provides facility like Query, Storage and retrieval
• It provides Image and Document Management
• A VNA is patient centric
• VNA doesn’t require data migration

Picture archiving and communication system (PACS)

PACS is latest healthcare technique for storage, retrieval, distribution and management of medical images. PACS allows hospitals to capture, view, store and share all types of images internally as well externally. It replaces x-ray film with digital images and breaks down the physical and time barriers associated with traditional film-based image retrieval, distribution and display.

          Picture archiving and communication system Architecture 

Components of PACS

• Equipment:  Imaging System such as MRI (Magnetic Resonance Imaging) equipment.

• Network:  A secure network to distribute and exchange patient information.

• Display (CRT, LCD):  Workstations for viewing, interpreting and processing images.

• Archieve:  Archives for Storage and Retrieval of images and documents.  

Vendor Neutral Archive (VNA) & PACS Industry

Recent Report published by Markets and Markets forecast that the global VNA Industry is estimated at $165.3 million in 2013 and is expected to reach $335.4 million by the end of the 2018 at a CAGR of 15.2%. In 2013, North America contributes the maximum share to both VNA and PACS markets, with shares of 64% and 48%, respectively. U.K., Germany, and France contribute largely to the European VNA and PACS market, whereas the Asia-Pacific region represents the most promising region owing to the nation and state-wide healthcare IT policies in Australia, China, and Japan. Although the penetration of VNAs in the RoW region is low, the PACS technology is now widely adopted in Latin America and the Middle East.

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Infection Control (Disinfection) and Sterilization Industry Forecast

Infection Control (Disinfection)

Every year, human lives are lost because of the spread of infections in hospitals. Healthcare workers can take steps to prevent the spread of infectious diseases. These steps are part of infection control.

Proper hand washing is the most effective way to prevent the spread of infections in hospitals. If you are a patient, don't be afraid to remind friends, family and health care providers to wash their hands before getting close to you.

General Guidelines

• Covering coughs and sneezes
• Staying up-to-date with immunizations
• Using gloves, masks and protective clothing
• Making tissues and hand cleaners available
• Fold or roll linen so that the dirtiest area is inside
• Hold and carry dirty linen away from your body

Hierarchy of Infection Control

• Administrative controls 

Administrative controls use to reduce risk of exposure, infection and disease thru policy and practice.

• Environmental (engineering) controls

Environmental controls use to reduce concentration of infectious bacilli in air in areas where air contamination is likely.

• Personal respiratory protection

Personal respiratory protection use to protect personnel who must work in environs with contaminated air.

Sterilization

Sterilization is a process intended to kill all microorganisms and is the highest level of microbial kill that is possible. Sterilizers may be heat only, steam, or liquid chemical.

Infection Control Industry

The latest report of MarketsandMarkets says the infection control will grow at a steady pace of around 6% and will reach $14.0 billion by 2017 from $10.5 billion in 2012. The major players in this market are Getinge (Sweden), Steris (U.S.), Medivators (U.S.), Advanced Sterilization Product (U.S.), 3M (U.S.), Belimed (Switzerland), Cardinal Health (U.S.), Kimberly-Clark (U.S.), Sterigenics (U.S.), Sakura (Japan), Synergy Health (U.K.) and Nordion (Canada).

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Sleep Apnea Diagnostic Devices Industry Analysis and Forecast

Sleep Apnea 

Serious sleep disorder where breathing repeatedly stops and starts is known as Sleep Apnea. If anyone snore loudly and feel tired even after a full night’s sleep then they may suffer from Sleep Apnea. It is very common type of disorder where you have one or more than one pauses in breathing. Sleep apnea is often very difficult to diagnose. It cannot be detect usually during routine visits of doctors, and no blood or urine test can help to diagnose the disease. Most people don’t know that they have sleep apnea because it only affects you during sleep. Your bed partner will be the first to notice the sign of it. It is a chronic disease that needs long term treatment. Changes in lifestyle, surgery and breathing devices can successfully treat sleep apnea.

Untreated or Undiagnosed Sleep Apnea may:

• Increase the chance of diabetes, heart attack, blood pressure and stroke  
• Increase the risk of heart failure
• Make irregular heartbeats
• Increase the chance of driving Accidents

Common Symptoms

• Loud and heavy snoring
• Excessive daytime sleepiness  
• Short temper
• Headaches
• Changes in Behavior
• Depression or Anxiety disorder
• Interest in sex decreased

These are the types of Sleep Apnea  

• Obstructive sleep apnea

It is most common type of sleep apnea where soft tissue in the back of throat relaxes during sleep and blocks the airway, results snore loudly.

• Central Sleep Apnea

It occurs when our brain is unable to send proper signals to the muscles that control breathing. People who are suffering from central sleep apnea seldom snore.

• Complex Sleep Apnea

It is combination of both obstructive and central sleep apnea.

Sleep Apnea Diagnostic Devices

To diagnose whether you have sleep apnea or not you must undergo the specialist sleep study. This includes a night in hospital where equipment will be used for the purpose of monitoring quality sleep. The diagnosis results will help doctor to decide on your best possible treatment. The whole investigation named polysomnography.

 Sleep Apnea diagnostic devices cover following activities  

Electro-encephalography (EEG)	Brain wave monitoring
Electromyography (EMG)	Muscle tone monitoring
Electrocardiography (ECG)	Heart monitoring
Recording oro-nasal airflow	Mouth and nose airflow
Recording thoracic -abdominal movements	Chest and abdomen movements
Pulse oximetry	Heart rate and blood oxygen level monitoring
Sound and video recording	Whole Sleeping Activities

 These are some Apnea Diagnostic Devices Name

•  Polysomnographs
•  Respiratory Polygraphs
•  Pulse Oximeters
• CPAP
• Masks
• Adaptive Servo-Ventilation (ASV)
•  Oral Appliances
• Nasal EPAP
•  Neurostimulation

Sleep Apnea Diagnostic Device Industry

Sleep Apnea is currently recognized as a major health issue. It is estimated that more than 8 percent of the world population suffer from the disease and out of 8 percent 85 percent are undiagnosed. This may be one of the big reason why sleep apnea curing devices will see a rise in demand. One latest report of Markets and Markets predict that the global sleep apnea devices market which $7.96 billion in 2011 is expected to reach $19.72 billion by end of year 2017.  North America was largest player followed by Europe and Asia and North America lead the market in the next few years.  

Global Sleep Apnea Diognostic Devices Market Revenue, 2011 to 2017 

                                       Image Source : Markets and Markets

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Global Biomaterials Market Future and Scope

What is Biomaterial ?

Biomaterial is a synthetic, natural or natural modified material used to make devices that replace part of a living system.  Biomaterial intended to interface with biological systems like human to evaluate, augment, treat or replace any organ, tissue or function of body. Biomaterial is used to makes devices that replace the part of the body in a reliable, safe, economic physiologically manner.

Followings are the types of Biomaterial

Metals

• Stainless Steel
• Tantalum
• Platinum
• Gold

Ceramics

• Alumina
• Porcelain
• Calcium Phosphates

Polymers

• Silicon
• Nylon
• Collagen
• Fibrin Glue

     Biomaterial Types

Uses of Biomaterials in Body:

Biomaterials	Examples
Polymers	Blood Vessels, Ear, Nose, Soft Tissues
Metals	Join Replacement, Bone Plates and Screws, Dental root Implant
Ceramics	Dental Coating, Orthopedic Implants
Composites	Joint Implants, Heart Valves etc

Uses of Biomaterials in Organs:

Organs	Examples
Bone	Bone Plate, Intra-medullary rod
Bladder	Catheter and Stent
Ear	Artificial stapes
Eye	Contact lens
Heart	Artificial heart valve, Cardiac pacemaker
Kidney	Kidney dialysis Machine
Lung	Oxy generator Machine

Global Scenario of Cardiac Monitoring and Cardiac Rhythm Management Market

Cardiac Monitoring Introduction:

The meaning of Cardiac is nothing but "related to heart" and its derived from Greek word kardia meaning is 'heart'. Cardiac Monitoring is routine activity for any cardiac medical facility, which is carried out for monitoring the heart continuously and provide vital information of patient’s heart health, beat/pulse rates etc. In today’s Scenario Cardiac Monitoring Infrastructure plays a very important role in cardiac health industry, because heart related treatment needs attention of atmost priority and any minor mistake can be fatal. That is why Cardiac Monitoring Infrastructure is needed in the healthcare industry. It ensures that such minor mistakes do not take place. They help maintain accurate information that help doctors in decision making. Holter monitor, that display the activity of heart that continuously brief the patient's condition to doctor.

Benefits of Cardiac Monitoring

There are several benefits of Cardiac Monitoring which are mention below

• Accuracy and Ease  
• Effective Decision Making
• 24*7 Availability of Service. 

The following equipment comes under Cardiac Monitoring Infrastructure 

• Electrocardiography
• Implantable Loop Recorder
• Holter Monitor
• Implantable Cardioverter Defibrillator (ICD)
• Automated External Defibrillator (AED)
• Pacemaker
• CRT-D
• CRT-P

Cardiac monitoring Market Current and Future

As we all know that Cardiac Monitoring comes under Emergency medical services that is why it is very important. Currently every hospital, ambulance and other emergency medical service providers utilize heart monitors to assess the patient’s cardiac rhythm; it proves the importance of cardiac monitoring. 

Cardiac monitoring Market currently growing with ultimate CAGR and expected achieve highest growth rate in near future. One report that produced by Markets and Markets about Cardiac Monitoring indicate that the global cardiac monitoring market was worth $18.4 billion in year 2012, North America was consist largest market share followed by Europe and Asia. However according to report North America and Europe are grows with lower CAGRs compared to Asian market due to the impact slowdown of economy in this region. The Asian markets specially China and India is expected to achieve highest CAGR during the prescribed tenure.

Global Cardiac Monitoring and Cardiac Rhythm Management Devices Market, By Segment, 

                                                         2010-2017 ($Million)

                                              Image Source : Markets and Markets 

   

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Photonic Sensor Market - Future and Scope in Broad Perspective

Photonic Sensor Brief 

Photonics Science includes many things like generation, emission, transmission,signal processing and detecting/sensing of light. Photonics word emphasizes that photons are neither particles nor waves but they consist both naturally.

Photonic Sensor is one of the Product of Photonics that works on the Principle Photonics mechanism having several types available in market for different  purposes and use.

These are types of Photonic Sensor:

• Fiber Optics

Fiber optic is mainly know as the medium and technology which are associated with the transmission of information as light impulses along with glass or plastic wire or fiber using Photonic Sensor technology.

• Biophotonic 

Biophotonic term compose using two term biology and photonics where Photonics being the science and technology of generation, manipulation and detection of Photons and quantum units of light. Biophotonics commonly used in the field of biology to study molecular mechanisms, functions of proteins, DNA and other important molecules. Generally it used in medicine to study tissue and blood at the macro and micro level to detect, diagnose and treat diseases in a way that are non-      invasive to the body.

• Laser Technology 

Laser technology that emits light through a process of optical amplification based on the stimulated emission of electromagnetic radiation.  Laser technology used by many application that having very much importance in our daily life, Some commonly used application based on laser technology are following:

• DVD Players
• Laser Printers
• Barcode Scanners

The photonic sensors are now found in different applications as diverse, examples are:

• Health and disease prevention
• Industrial process monitoring
• Environmental monitoring
• Structural health monitoring
• Defense and security

Scope and Future of Photonic Sensor :

As we all know that Photonic Sensor technology used by several segment like healthcare, Optical fiber for transmission of internet  and all, Defense for Aircraft and security  and for laser  mechanism. The future of Photonic Sensor market is very bright in terms of growth. One report of Markets and Markets says photonic Sensor Market Grow at compound annual growth rate (CAGR) of 21.31% during 2011- 2016. Key Player Countries are Asia Pacific countries and China, China going to lead this industry in near upcoming years.

The report contains very specific and relevant information about Photonic Sensor market, report includes expert review and scientific research data and information.

                        Graph indicates Continuous Growth of Photonic Sensor Market

                                    Image Source: MarketsandMarkets

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Global Machine to Machine (M2M) Market worth $85.96 Billion by 2017

Machine to Machine Brief Introduction : 

There are billions of machines throughout the world, electronic or mechanical, that need to communicate autonomously with other machines. Machine to machine (M2M) communication is therefore not new but until now has relied on a whole range of industry specific technologies to achieve this communication.

These include radio frequency identification (RFID) transponders, optical recognition solutions, satellite based communication (including GPS-based systems), radio broadcast techniques and a whole range of fixed or wireless-based network approaches.

M2M Quick :

•   No human intervention whilst devices are communicating end-to-end. 
•   The flow of data b/w machines and machines and ultimately machines and people. 
•   The capability to communicate with wireless of wired devices of same ability

Examples of M2M Key Hardwares :

• Sensors
• Actuators
• RFID
• Memory
• Power Module
• Communication Module

Machine To Machine Market :

Although the M2M market is today small, But it has major potential. It is even possible that in the near future this market will grow faster than the any other hardware markets. One of the reasons for this is that in

times of economic crisis, businesses look for new ways of optimizing their operational costs.In addition,

as connection technologies and wireless devices have matured and become more easily and cost-effectively

available, machine to machine connection has become increasingly feasible, with some applications (such as energy consumption metering) being actively encouraged at government level. While the value of the M2M market will depend on various factors and some of these are related more to human psychology, geographical and cultural issues than to technical aspects.

As the price of the M2M infrastructure goes down, the number of applications of M2M technologies will increase.This is however conditional on cumbersome applications, inflexible service conditions and prohibitive installation procedures not hampering growth prospects. Taking an approach geared towards subscriber-centric business models, however, will allow CSPs to pursue innovative new business models and revenue-generating possibilities.

Opportunities In Different Areas   

M2M Market Report, Forecasting Year 2017 Says :

According to report, Machine to machine (M2M) technology is considered to be one of the significant revenue generating solutions for a variety of service providers present along the Machine to machine value chain. It is considered to be a growth market since the companies face growing cost pressure as well as regulatory requirements to enable better functioning of their business. In addition, this market is also driven by numerous government regulations and mandates such as eCall initiative in Europe, Resolution 245 in Brazil, and more. Machine to machine deployment for most of the applications does not generate huge amounts of data bandwidth and hence conventional technologies such as 2G are observed to provide sufficient support for the growth of this technology. However, with higher penetration of 3G and 4G technologies as transport medium, it is expected that there will be emergence of innovative applications.

Report says, Amongst the different hardware components used in M2M solutions, the market for communication module holds the highest share as of 2011 and is expected to grow at a CAGR of 32.4% from 2012 to 2017. Some of the predominant technologies utilized for communication purposes are 2G, Ethernet, WiFi, Power Line, and ZigBee. While 2G technology held the highest share as of 2011, the market for ZigBee technology is expected to grow at the highest CAGR (33.8%) from 2012 to 2017. This is mainly attributed to its benefits such as low power consumption, low cost, and fast connection time for end-devices. With respect to different application sectors wherein Machine to machine technology is utilized, consumer electronics sector is observed to hold the highest share of 30.9% in 2011. However, the adoption rate is expected to grow rapidly in automotive, transportation, and utilities in future owing to the rise in government regulations and need for innovative solutions.

                  Revenue Growth Year by Year In Billions (According to Report Statistics)

                                                 Image Source : Markets and Markets

The industry players present along the value chain are involved in initiatives such as alliances, partnerships, and joint ventures to achieve better market recognition and facilitate mobile operators to work directly with companies selling Machine to machine services. Some of the key players involved in the design, development, and supply of M2M solutions include Sierra Wireless (U.S.), Jasper Wireless (U.S.), Telit Communications (Italy), Numerex Corp (U.S.), NTT DoCoMo (Japan), and more.

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Home healthcare Market worth US$159.6 Billion By 2014

Home Healthcare Brief

Home Healthcare is nothing but Healthcare service provided at home by licensed healthcare professionals who provide medical care needs or by professional caregivers who provide daily care to help to ensure the activities of daily living are met. Home Healthcare helps adults and senior citizen to recover after hospital treatment at their home. These Home Care service includes short-term nursing, rehabilitative, therapeutic, and assistive home health care. These services provided by registered nurses, physical therapists, occupational therapists, speech language pathologists, home health aides, medical social workers and some times by Doctors.

 Home Healthcare includes

• Any diagnostic, therapeutic, or social support service provided in the home 
• Health care providers who provide home care
• Home diagnostics
• Home equipment
• A variety of services designed to provide care for patients in their homes 

These are Home Healthcare Providers

• Physicians, nurse practitioners, physician assistants
• Physical therapists, occupational therapists, speech therapists
• Nurses
• Social workers
• Home health aids
• Dentists, podiatrists, psychologists, dietitians, optometrists, and pharmacists 

Equipment and Diagnostics Provided During Home-care 

• Lab work, x-ray, ultrasound, EKG, holter monitoring, other diagnostics that can be done in the home.

• Beds, wheelchairs, lifts, commodes, infusion therapy, and other assistive devices used in the home.

Home Health Market will increase as

• Patients are discharged from the hospital earlier.
• More conditions are treated at home.
• Treatments for chronic conditions become even more complex.

Current Home Healthcare Market

Currently Home Healthcare is one of the highest growth achiever in Healthcare Segment. Specially in United States .The most important healthcare trend witnessed recently is the focus shift of patients from hospitals to home healthcare. The move from treatment to proactive monitoring is also opening up new opportunities for the home healthcare market. Patients prefer home healthcare to hospitals mainly for the convenience and cost-effectiveness it offers. Third-party home healthcare is also witnessing huge demand due to better treatment quality ensured by trained medical professionals.

Future of Home Healthcare According to Report

The home healthcare market generates approximately 70% of revenues from the people aged 65 years and above; mainly because of the declining ‘elderly support ratio’, or the ratio of the number of people caring for the elderly, to the number of older people above 65 years. This factor highlights the growth potential of the market for third-party care in the coming years. The entire home healthcare market covered under the report is estimated to be approximately $159.6 billion and is expected to grow by 8.2% to reach $237.6 billion by 2014. Home healthcare service market is estimated to constitute $143.1 billion in 2009, which is about 90% of the entire market.

The major factors driving the growth of the home healthcare market are

•     Declining elderly support ratio
•     Patient preference for portability, automation and customization
•     Physicians and hospitals prescribing home care to the patients to reduce huge patient inflow
•     Rise in number of vehicle accidents and sports injuries 

Major opportunities for the home healthcare market

•     Focus shift from treatment to proactive monitoring
•     Rising demand of third-party care 

The market for home healthcare services is estimated to reach $207 billion by 2014. Home visits and nursing services constitute 72% of the entire market. Most of the growth potential lies in the field of home telemedicine services, the market for which is forecasted to grow at a CAGR of 32.3% from 2009 to 2014. Diabetes devices alone constitute about 46% of the entire home healthcare equipment market, while the market for home therapeutic equipment is the fastest-growing segment with a CAGR of 19.4%.

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