Register

I agree with the Privacy Policy

EE Times

Analysts give Rx for health care devices

October 24, 2010

Home health care monitoring for wellness, disease management and elder care is a $2 billion market today, said Stuart Sikes, president of Parks Associates (Dallas). It is expected to grow as security and broadband service providers start to offer health care services over the next few years.

However, convincing insurance companies to reimburse for such services will be a slow process and consumers will be price sensitive about paying for them directly, Sikes said. For example, seniors and those who care for them are willing to pay about $33 a month for home monitoring services, according to one Parks survey.

From the article, "Analysts give Rx for health care devices" by Rick Merritt

Previously In The News

Wireless carriers look to cash in on digital photo frames

Vodafone in Germany and Orange in France are also looking into connecting cellular cards into digital photo frames, according to Harry Wang, senior analyst at Parks Associates. Verizon and AT&T are...

DoE puts out call for $3.9B in smart grid projects

Market watcher Parks Associates estimates four million smart meters have been deployed in the U.S. to date, though many have not been enabled for two-way communications. An estimated 50 million cou...

Gateways, Web shape next-gen home networks

More than 350 million households worldwide will have some form of home network by 2013, many focused on video-on-demand services, predicted Kurt Scherf, principal analyst at Parks Associates in a W...

Slow growth forecast for home energy nets

Consumers are interested in smart appliances and energy monitors needed for more efficient homes. But utilities are moving slowly into home energy networks, opening a door for independent services,...

‹
1
2
3
4
5
6
›