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Last updated on April 24, 2014 at 1:21 EDT

E-Health Offers Service Providers Opportunities to Serve Over Seven Million People By 2012

August 28, 2008

DALLAS, Aug. 28 /PRNewswire/ — Service providers are in a unique position to enter the e-Health space, which will grow to serve over seven million people in the U.S. and Europe by 2012, according to a new white paper from Parks Associates. These consumers range from seniors with chronic conditions to younger consumers who want to self-manage their personal health.

e-Health Opportunities for Global Service Providers, released today on the research firm’s Website, outlines strategies and opportunities for service providers in e-Health, a term that refers to advanced healthcare technologies and electronic delivery of medical services. e-Health offers revenue opportunities for service providers in both the enterprise and consumer markets.

“Service providers cannot ignore the opportunities inherent in the e-Health care model,” said Harry Wang, Director, Health & Mobile Product Research, Parks Associates. “Millions of people stand to benefit from e-Health applications. Providers should start drafting business plans, forging partnerships, testing hardware and software, and conducting field trials.”

The paper asserts that, while the health field is complex, with issues such as insurance and reimbursement, providers have dealt with similarly complicated service sectors. For example, digital television services required negotiating franchise and licensing fees with a variety of different players.

“Service providers are in a unique, once-in-a-lifetime position to enter and serve this growing service industry,” Wang said. “The home will be the central location in the new preventive-care model in health applications, with broadband enabling home medical services, telemedicine applications, and patient monitoring.”

e-Health Opportunities for Global Service Providers is available as a free download at http://www.digitalhealthnews.com/.

Parks Associates’ upcoming report Taking Care of the Elderly through Digital Technologies studies more in-depth the market opportunities for home monitoring, focusing on the fragile and elderly population.

Harry Wang is speaking in the session “Smart Home-Smart Patient: Telehealth and the New Digital Home” at the 2008 ATA Mid-Year Meeting, September 15, 2008, at 9:45 a.m.

For more information visit http://www.parksassociates.com/ and http://www.digitalhealthnews.com/ or contact 972-490-1113, sales@parksassociates.com.

About Parks Associates Digital Health Research

Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Our research clarifies the opportunities and challenges for technology vendors, healthcare providers, and companies considering entering this changing market.

   http://www.parksassociates.com/ | http://www.digitalhealthnews.com/     Contact: Elizabeth Parks             Parks Associates             972-490-1113             Email: eparks@parksassociates.com  

Parks Associates

CONTACT: Elizabeth Parks of Parks Associates, +1-972-490-1113,eparks@parksassociates.com

Web site: http://www.parksassociates.com/http://www.digitalhealthnews.com/