Frost & Sullivan: M2M-enabled Connected Devices to Change the Way Healthcare is Delivered

Frost & Sullivan: M2M-enabled ConnectedFrost & Sullivan: M2M-enabled Connected Devices to Change the Way Healthcare is Delivered PR Newswire LONDON, Oct. 31, 2013 - After North America, Europe to be the next big growth market as telcos focus on M2M-enabled solutions for various HC applications Governments, health organisations, and insurers look for ways to streamline healthcare delivery and control costs. Organisations across the healthcare value chain are realising the potential of embedding machine-to- machine (M2M) technology into mobile health solutions. Mobile network operators (MNOs) have already begun exploring this opportunity, developing M2M-enabled solutions for various applications including remote patient monitoring, medical asset tracking, and healthcare workflow organisation. New analysis from Frost & Sullivan (http://www.ipcommunications.frost.com), Embracing M2M Opportunities in Healthcare: The Case of Orange Business Services and Telefonica, studies the success of two MNOs to reveal how telecom can build a stronger presence in the healthcare industry. The research finds that after North America, Europe offers considerable growth potential for M2M in healthcare. Most European telecom operators have now dedicated M2M business units that focus on R&D, service development, and delivery. Frost & Sullivan estimates that M2M revenues of telecom service providers in Europe will grow to €2.6 billion by 2016, from €600 million in 2010.