Check out these potential growth numbers and the list of vendors. Although all of this growth will not be in videoconferencing, a lot of it will.
MEDFORD, Ore.--(BUSINESS WIRE)--Oct. 2, 1996--The U.S. market for all types of health information systems has been projected by a 1995 Koop Committee to achieve growth of $100 billion in the next five years. According to information presented in the U.S. Telemedicine Market report from Feedback Research Services, the telemedicine segment in 1995 accounted for an estimated $77 million in revenues from sales of telepathology/teleradiology and videoconferencing systems. Conservative forecasts in the report suggest that sales of multiple-use telemedicine videoconferencing systems, teleradiology equipment, and telecommunications services combined could result in a market worth $283 million in 2000. Changes in insurance and third-party payment policies would dramatically improve the outlook, if favorable reimbursement is established and allow remote teleconsults to be substituted for face-to-face visits with medical specialists. For far, telemedicine projects are operational in at least 40 states, with expanded networks being developed as rapidly as access to federal, state, and other funding sources allows. Hospitals in Oregon are already participating in continuing medical education programs using satellite networks coordinated by Oregon ED-NET (Portland). In Eastern Oregon, cardiac facsimile and teleradiology applications are achieved with use of ordinary phone lines at health care facilities in Bend, Burns, John Day, Lakeview, Madras, Prineville and Redmond. Funding has been obtained for an upgrade to 30-frame-per-second transmission capabilities over T1 lines at St. Charles Hospital (Bend) and Central Oregon District Hospital (Redmond). These locations will service as the hub for other Eastern Oregon sites, once additional grant financing has been secured. Expanding networks support the high expectations held by industry participants and end-users for telemedicine to improve health care delivery. Detailed corporate profiles in the U.S. Telemedicine Market report describe technologies offered by major competitors. Systems from Andries Tek, Compression Labs, EMED, NEC America, and VTEL allow electronic transfer of medical images from one location to another. Typical applications include continuing medical education, home care monitoring, remote military and prison interactive medical examinations, and transmission of radiology images. Telecommunications and system integration services from GTE Telephone Operations and Sprint enable images to be processed through telephone lines, while Hughes supplies satellite systems for image transmission. The U.S. Telemedicine Market report (published in July 1996) is available from Feedback Research Services for $795.00. The company provides custom research and published reports on topics of importance in the medical and technology industries. Additional telemedicine information is posted on the Feedback Research Services web page at www.feed-back.com. CONTACT: MiniProjects Millie Narum, 800/927-8071 |