ICS Conf Wellness Conf 2010 Opportunities Assistive Living
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ICS Conf Wellness Conf 2010 Opportunities Assistive Living
- 1. ICS Confidential Independent Assistive Living conference 2010 Janette Hughes Wellness and Health Innovation Project manager
- 3. Develop a global perspective
- 4. Highlight why design is so important
- 6. Academics – range of Universities
- 7. Corporate companies – Bosch
- 9. Government/Local authorities – Scottish Government In essence to get you thinking about how to develop innovative solutions and grow a strong Scottish SME base working in this sector. ICS Confidential
- 11. Shifting the balance of care
- 12. Personal budgets
- 14. Family structure and dispersal
- 15. Demands for choice in health and welfare
- 16. ICS Confidential Not just a local issue
- 17. ICS Confidential Long term conditions – on the rise
- 18. ICS Confidential What are we talking about?
- 19. ICS Confidential The market Opportunity
- 21. Self monitoring will help provide a better quality of care Source - http://www.visionsofbritain2020.co.uk / ICS Confidential
- 22. Visions of Britain 2020 “ There’s a lot of technology that can go into people’s homes that can allow them to monitor things like their blood pressure, their respiration, their pulse rate and then have direct contact over the telephone with a support service so that when they get anxious, rather than going into a hospital we can do some basic investigations….Self-monitoring can help reduce anxiety and reduce access to health services – this is something that is already happening.” Dr Jonty Heaversedge, GP and Broadcaster Source http://www.visionsofbritain2020.co.uk / ICS Confidential
- 24. Safety monitoring technologies are valued at $2.3 billion today and are expected to reach $3.4 billion by 2015, a compound annual growth rate of 8.2%
- 25. Home telehealth technologies are worth $371 million today and are expected to increase at a compound annual growth rate (CAGR) of 11.2% to reach $631 million in 2015 . Source - http:// www.bccresearch.com/report/HLC079A.html ICS Confidential
- 26. Market growth forecasts ICS Confidential
- 27. WHI can help ICS Confidential
- 28. ICS Confidential Thank you Wellness Team www.wellnesshealthinnovation.org 0141-585-6300 For access to the services please complete enquiry form or speak with one of the Wellness and Health Innovation team today!
Notes de l'éditeur
- The UK has the world's most mature telehealthcare market which is estimated to be worth over £300 million per annum. The telemedicine market is broken down into two segments- telehospital/clinic and telehome. Of these, says the report, the telehospital segment has the largest share of the market, worth an estimated $4.4 billion in 2007. Its value is expected to reach $8.8 billion by 2012,with a CAGR of 14.7%. The telehome market, which currently accounts for 22% of the market, is expected to capture almost 37% of the telemedicine market by 2012 and be worth $5.1 billion, up from an estimated $1.4 billion in 2007. In addition, authors of the report say that the telemedicine market is also divided into technology and service segments. The telemedicine technology market consisting of hardware, software, telecom and network, is expected to grow from $2.2 billion in 2007 to $5,610 million in 2012, with a CAGR of 24.8%. Analysts say that the telemedicine service market is expected to grow from $3.6 billion in 2007 to $8.3 billion in 2012, and will be mainly driven by the telehospital service market. The telehospital market will be the largest market for both the technology and service segments. The service market will grow from $3.6 billion in 2007 to $8.3 billion in 2012 at a CAGR of 18.3%. “Telemedicine: Opportunities for Medical and Electronic Providers” is available from Report Buyer.
- Telecare could prevent 160,000 people from entering residential care per year, with potential cost savings of £2.0 billion per year, according to Department of Health estimates. However, 98% of UK adults are unaware that assistive technologies are an important part of social care, new research commissioned by the Department of Health has revealed
- Changes to the age profile of the population continue to present us with a particular challenge. The number of younger people is projected to decline, whilst the number of people of pensionable age is projected to rise by around 31%, from 0.98 million in 2006 to 1.29 million in 2031. The number of people aged 75 and over is projected to increase by around 81% from 0.38 million in 2006 to 0.69 million in 2031. These are the "baby boomers" of the post-war period. In itself, an ageing population tends to increase the demand for healthcare, although its effects are being offset to a significant extent by the fact that our older citizens are on average healthier than they have ever been. The main impact of the age profile is therefore on the type of demand we face, since older people have a higher incidence of chronic disease and on average a greater number of long term conditions. The increasing number of people with long term conditions presents a major challenge for health and social care services and for society. According to Scottish Household Survey estimates, in 2005/06, 23.6% of adults aged 16 or over reported some form of long-term illness, health problem or disability. By the age of 65 nearly two-thirds of people have developed at least one long term condition, whilst 27% of people aged between 75-84 have two or more such conditions. [1] [1] Long Term Conditions Information Programme, ISD Scotland.
- We have defined technologies at the consumer interface as business-to-consumer (B2C) and consumer-to-consumer (C2C) technologies. Business-to-business (B2B) technologies, such as IT infrastructures, and advanced medical equipment that does not directly interface with the consumer, such as operating theatre equipment, is not included within our scope.
- 70% of NHS costs are in chronic disease management and with healthcare costs reaching a record high the focus on healthcare is changing with the focus moving away from treatment by healthcare professionals. More emphasis is being placed people taking responsibility for their own personal wellbeing with the NHS & other companies looking to introduce applications and services for the prevention and early detection of chronic conditions. In addition, as life expectancy continues to rise, morbidity rates of chronic diseases such as diabetes and Alzheimer’s is also growing meaning increased requirement to help people manage these chronic conditions and achieve an independent life for as long as is practical. These factors make Wellness and Health one of the newest and most promising global markets in which Scottish business can participate and while this sector is not as yet clearly defined, bottom up analysis values the global market in Wellbeing and Health at more than $200 Billion dollars in 2007 and expects it to triple by 2012. The Government are promising to Modernise the NHS through better use of technology – stated in their better care better health strategy!
- The UK has the world's most mature telehealthcare market which is estimated to be worth over £300 million per annum.
- The global market for elder-care technology products is worth approximately $2.6 billion in 2010 and should grow to about $4 billion in 2015, at a compound annual growth rate (CAGR) from 2010 to 2015 of 8.7%. Safety monitoring technologies are valued at $2.3 billion in 2010 and are expected to reach $3.4 billion by 2015, a compound annual growth rate of 8.2% Home telehealth technologies are worth $371 million in 2010 and are expected to increase at a compound annual growth rate (CAGR) of 11.2% to reach $631 million in 2015. Source - http://www.bccresearch.com/report/HLC079A.html