Shifting Toward Preventative Healthcare Models in                the United States                Analysis of Select Trend...
ContentsSection                                     Slide Numbers Executive Summary—Market Overview                3 Marke...
Questions This Study Will Answer  What are the needs of the patients of the future? What are the effects of rising healthc...
Shift in Focus in Healthcare   Present: Hospital as the Center of Focus                     Future: Patient as the Center ...
Healthcare of the Future—Segmentation                           Healthcare Future Market: Market Segmentation, United Stat...
Market Overview—Segmentation of Preventative    Healthcare                  Preventative Healthcare Market: Market Segment...
Market Drivers and Restraints                                   Preventative Healthcare Market: Market Drivers and Restrai...
Preventative Technologies Matrix                                        Preventative Healthcare Market: Preventative Techn...
Who is Frost & SullivanFrost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth andachieve b...
Our Global Footprint 40+ OfficesScanning the Globe for Opportunities and Innovation9837-54                                ...
ContactBritni MyersExecutiveHealthcare    (210) 477-8481    britni.myers@frost.com9837-54                      11
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Shifting toward Preventative Healthcare Models in the United States

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Many healthcare experts believe exigent healthcare costs are controllable by focusing on the pre-emptive component of healthcare. Following this trend, a lot of emphasis was recently put on providing adequate preventative care, which provides immense opportunities for both healthcare and non-healthcare organizations. Within the preventative care space, the products and services can be segmented into three primary components: patient education systems (including wellness programs), aging in place services, and remote monitoring devices.

New analysis from Frost & Sullivan’s (http://medtech.frost.com) Shifting Toward Preventative Healthcare Models in the United States research on preventative health technologies finds that amidst the several challenges that exist in the market, vast opportunities are present for growth. The unique technology matrix included in the analysis evaluates the entire market landscape by health condition and level of medical professional involvement. The research finds that although lack of incentives does slow the adoption process, government regulations and an exceeding burden on the economy are pushing healthcare professionals to reach new levels of service and technology innovation.

If you are interested in more information on this research, please email Britni Myers, Corporate Communications, at britni.myers@frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

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Shifting toward Preventative Healthcare Models in the United States

  1. 1. Shifting Toward Preventative Healthcare Models in the United States Analysis of Select Trends and Technologies 9837- 9837-54 January 2013
  2. 2. ContentsSection Slide Numbers Executive Summary—Market Overview 3 Market Drivers and Challenges 17 Competitive Factors in the Market 19 Patient Education Segment 24 Aging in Place Segment 32 Remote Monitoring Segment 39 Market Predictions and Technology Matrix 45 Appendix 54 The Frost & Sullivan Story 61 9837-54 2
  3. 3. Questions This Study Will Answer What are the needs of the patients of the future? What are the effects of rising healthcare costs? What are the opportunities in shifting from treatment to prevention? What is driving preventative healthcare? Why are the patient education market, aging in place market and remote monitoring devices markets growing? Which companies and products are poised for success in the market? What is the competitive space in the market? What is the relative performance of companies and products in different segments of preventative health? What is the preventative technologies landscape? How do different technologies fit on the technology matrix? Source: Frost & Sullivan analysis, 9837-54 3
  4. 4. Shift in Focus in Healthcare Present: Hospital as the Center of Focus Future: Patient as the Center of FocusInvasive Less-informed Personalized SocialProcedures Patients Medicine Media Hospital PatientTreatment Umbrella Technology WellnessFocus Medicine Access Programs Patients today have more access to health information than ever before. This leads to a patient base that is taken personal responsibility of their health and demanding more from their physicians. Source: Frost & Sullivan analysis.9837-54 4
  5. 5. Healthcare of the Future—Segmentation Healthcare Future Market: Market Segmentation, United States, 2012 Healthcare Future Market Preventative Diagnosis Treatment MonitoringPreventative: Prevention entails services focused on preventing diseases and managing preexisting conditions.Diagnosis: Diagnosis is comprised of services that assist physicians in determining the wellness of the patient.Treatment: Treatment encompasses services that help cure patients of their diseases or injuries.Monitoring: Therapy embodies services that aid patients after their medical treatments.Note: Segmentation is based on different phases in the patient cycle. The area in blue is the focus of this study. Others are topics for future Frost & Sullivan research. 9837-54 5
  6. 6. Market Overview—Segmentation of Preventative Healthcare Preventative Healthcare Market: Market Segmentation, United States, 2012 Aging in Patient Education Place Remote Monitoring Devices• Patient Education: Patient education includes systems that provide information, whether they may be mobile or online guides about a specific medical condition or instructions for post-treatment care.• Aging in Place: Out-of-hospital elderly care services allow elderly patients to manage their health in their own homes and send relevant information to their healthcare providers.• Remote Monitoring Devices: Remote monitoring devices enable patients to monitor their health in their residence and communicate related information to their healthcare providers. Source: Frost & Sullivan analysis 9837-54 6
  7. 7. Market Drivers and Restraints Preventative Healthcare Market: Market Drivers and Restraints, United States, 2013-2017 1–2 years 3–4 years 5 years Unsustainable hospital cost burden actuates the market for preventative technologies.Market Drivers Prevalence of chronic diseases (such as diabetes and cardiovascular disease) prompts an increase in the demand for remote monitoring devices. The increase in consumers who are taking responsibility for their own health increases the demand for preventative technologies. Deficiency of reimbursements restrains the use of preventative technologies.Market Restraints The economic crisis hinders the financing capabilities of healthcare facilities. Lack of patient engagement and physician motivation impedes the use of preventative technologies. Impact: High Medium Low Source: Frost & Sullivan analysis. 9837-54 7
  8. 8. Preventative Technologies Matrix Preventative Healthcare Market: Preventative Technologies Matrix, United States, 2012 Chronic Disease Management Hospital Care Core Preventative Y Axis–Health ConditionThe higher a market is placed onthis axis, the more focus themarket has on chronic diseases.• Treating and managing chronic Health Management diseases usually require Healthy significant training or medical Management knowledge. No Involvement High Involvement• Prices tend to be higher.The lower a market is placed onthis axis, the more the market is X Axis—Professional Involvementfocused on the management of Moving left horizontally on this axis increases the focus on the homehealth of healthy consumers. healthcare industry.• Ease of use and simplicity are • Heavy focus on education about preventative technologies at home. paramount with much lower Moving left horizontally on this axis increases the focus on hospital price points. care. • High-level medical professionals are involved, increasing healthcare costs. Source: Frost & Sullivan analysis. 9837-54 8
  9. 9. Who is Frost & SullivanFrost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth andachieve best-in-class positions in growth, innovation and leadership. The companys GrowthPartnership Service provides the CEO and the CEOs Growth Team with disciplinedresearch and best-practice models to drive the generation, evaluation, and implementationof powerful growth strategies. Frost & Sullivan leverages 50 years of experience inpartnering with Global 1000 companies, emerging businesses and the investmentcommunity from more than 40 offices on six continents.To join our Growth Partnership, please visit http://www.frost.com.9837-54 9
  10. 10. Our Global Footprint 40+ OfficesScanning the Globe for Opportunities and Innovation9837-54 10
  11. 11. ContactBritni MyersExecutiveHealthcare (210) 477-8481 britni.myers@frost.com9837-54 11

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