Navigation Links
The Shift from Treatment to Prevention: A Drive towards Cutting Healthcare Costs
Date:1/23/2013

MOUNTAIN VIEW, Calif., Jan. 23, 2013 /PRNewswire/ -- 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.

Due to a shortage of reimbursements available for the use of preventative technologies, many physicians and patients are hesitant to implement such systems, especially when they are uncertain about the cost-effectiveness. While it may be more costly in the future if healthcare providers choose not to adopt these preventative technologies, many do not have the available funds needed to purchase such technologies at high initial investment costs. Also, patients are unaware of the effectiveness of both patient education systems and remote monitoring devices, hindering the progress of preventative technologies.

"Everyone involved in healthcare must realize that disregarding more cost-effective and efficient delivery of healthcare can potentially bankrupt many states," said Frost & Sullivan Senior Industry Analyst Aarti Shetty .  "This also creates heavy financial burdens for the federal government, while jeopardizing the overall quality of care."

Physicians must adapt their mentality to realize that prevention is an important component of healthcare, as it reduces the need for diagnosis, treatment and therapy. However, unless healthcare providers are reimbursed for their use of such technologies, there will be a slow movement in the preventative technologies market.

"With the availability of preventative services such as patient education systems, wellness programs, and remote monitoring devices, consumers can begin to establish better health through improved lifestyle habits," concluded Shetty.  "An increased adoption of preventative technologies promoting healthier tendencies can help lower overall costs by decreasing the number of needed consumer healthcare services in the future."

Since today's patients with chronic diseases desire to maintain their independence from hospital care and be more engaged in managing their illnesses, the demand for remote monitoring devices has increased. Growth in this segment of the population expands the market base for preventative technologies, one step at a time.

Shifting Toward Preventative Healthcare Models in the United States is part of the Advanced Medical Technologies Growth Partnership Services program, which also includes research in the following markets: Global Trends in Medical Imaging – Cardiology Applications, Analysis of the North American Medication Management Market, Analysis of the North American Telehealth Industry, and Analysis of the U.S. Obesity Surgery Devices Market.  All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

Connect with Frost & Sullivan on social media, including Twitter, Facebook, SlideShare, and LinkedIn, for the latest news and updates.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on "the next big thing"

Register:         Gain access to visionary innovation

Shifting Toward Preventative Healthcare Models in the United States
9837-54

Contact:
Britni Myers
Corporate Communications – North America
P: 210.477.8481
F: 210.348.1003
E: britni.myers@frost.com 
Twitter: @Frost_Sullivan
Facebook: Frost & Sullivan

http://www.frost.com


'/>"/>
SOURCE Frost & Sullivan
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Active Pharmaceutical Ingredients (API) Market in the Americas to 2017 - Shift Towards Generics and Biosimilars as South and Central America Emerges as a Key Growth Region
2. Human Vaccines & Immunotherapeutics Special Focus Highlights a Paradigm Shift in Cancer Vaccine Development
3. Direct to Consumer (DTC) Advertising in Pharmaceuticals - Shift from Traditional Mass-Media Platforms towards Personalization via Online and Social Media
4. ResearchMoz.US: Direct to Consumer (DTC) Advertising in Pharmaceuticals - Shift From Traditional Mass-Media Platforms Towards Personalization via Online and Social Media- Market Research Report
5. ASCO Impact Report From Encuity Research Indicates Oncologists Are Likely to Shift Patient Treatment Plans
6. Vanda Announces Positive Results in the Second Phase III Study (RESET) of Tasimelteon for the Treatment of Non-24-Hour Disorder
7. NeuroSigma Announces Receipt of Notice of Allowance of U.S. Patent Application Related to External Trigeminal Nerve Stimulation (eTNS) for the Treatment of Neuropsychiatric Disorders
8. Apollo Hospitals to Establish the First Proton Therapy Center for Cancer Treatment to Serve Over 3.5 Billion People
9. Isis Announces That ISIS-TTR Rx Was Granted Fast Track Designation For The Treatment Of Patients With FAP
10. FDA Accepts Takeda and Lundbecks Submission of the New Drug Application for Vortioxetine for the Treatment of Major Depressive Disorder
11. Unigenes Phase 2 Study of Oral PTH for the Treatment of Osteoporosis in Postmenopausal Women Featured in Bone
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... 2016 According to a new ... Pen Needles, Safety Pen Needles), Needle Length (4mm, 5mm, ... Mode of Purchase (Retail, Non-Retail) - Trends & Global ... the market for the forecast period of 2016 to ... Billion by 2021 from USD 1.65 Billion in 2016, ...
(Date:6/23/2016)... June 23, 2016 Research and Markets ... Market - Forecast to 2022" report to their offering. ... method for the patients with kidney failure, it replaces the ... from the patient,s blood and thus the treatment helps to ... chloride in balance. Increasing number of ESRD ...
(Date:6/23/2016)... 23, 2016 Research and Markets has ... Market Analysis 2016 - Forecast to 2022" report to ... report contains up to date financial data derived from varied ... major trends with potential impact on the market during the ... segmentation which comprises of sub markets, regional and country level ...
Breaking Medicine Technology:
(Date:6/25/2016)... (PRWEB) , ... June 25, 2016 , ... As a ... Magna Cum Laude and his M.D from the David Geffen School of Medicine at ... returned to Los Angeles to complete his fellowship in hematology/oncology at the UCLA-Olive View-Cedars ...
(Date:6/25/2016)... ... ... Conventional wisdom preaches the benefits of moderation, whether it’s a matter of ... too high can result in disappointment, perhaps even self-loathing. However, those who set the ... Research from PsychTests.com reveals that behind the tendency to set low expectations ...
(Date:6/24/2016)... ... June 24, 2016 , ... June 19, 2016 is World Sickle Cell Observance ... and the benefits of holistic treatments, Serenity Recovery Center of Marne, Michigan, ... Disease. , Sickle Cell Disease (SCD) is a disorder of the red blood cells, ...
(Date:6/24/2016)... ... ... Global law firm Greenberg Traurig, P.A. announced that 20 Florida attorneys are ... for this recognition are considered among the top 2 percent of lawyers practicing within ... of this year’s Legal Elite Hall of Fame: Miami Shareholders Mark D. Bloom, ...
(Date:6/24/2016)... ... 2016 , ... Topical BioMedics, Inc, makers of Topricin and MyPainAway Pain Relief Products, join The ... raise to $12 an hour by 2020 and then adjusting it yearly to increase at ... the minimum wage, assure the wage floor does not erode again, and make future increases ...
Breaking Medicine News(10 mins):