Telehealthcare Market
Governments across the world face the same demographic and social changes, with 600m people worldwide over the age of 60, a figure that is set to double by 2025.
Government budgets and strategies have become uncertain and over the coming years there will be budget cuts in real terms resulting in disruption in our markets.
In summary, the markets are disruptive for the following reasons:
Pressure on Government spending across the world, necessitating Health and Local Authority spending cuts. For example, David Nicholson, the NHS chief executive for England, has said the service looks likely to have to find £15bn to £20bn of savings over the coming years, within a budget of £100bn
Digital IP cutover in Europe
Fundamental changes to NHS Commissioning practice in the UK
Never has the need to save money and improve quality of care been stronger and one of the most effective ways of meeting those challenges lies in the use of technology.
The UK is leading the world in the transformation of health and social care systems and as a result, telecare and telehealth have been accepted by the Government as playing a key role in enabling new methods and patterns of care delivery, leading not only to increased efficiency but to increased choice and independence for the service user.