If you ask researchers and writers at the MIT Technology
Review, they will tell you in no uncertain terms that the world wants mobile
medical apps (MMAs), and don’t expect demand to slow down during the near or
distant future.
At an MIT Technology Review EmTech conference late last year
in Boston, Jeannette Tighe of Sagentia, a global technology advisory and
product development company headquartered in Cambridge, UK, stated that in 2015
at least 500 million smartphone users worldwide will be using health-related
apps. Her foresight appears to be right on the money.
By 2017, the market for health related apps is trending to
hit $26 billion, according to Research2Guidance, a research and consulting firm
that focuses on the global app economy. Driving the market for these apps is in
no small part due to the world’s aging population and its subsequent,
increasing need for medical care. Tighe also noted that in the U.S., nearly 20%
of its population will be older than 65 by 2030, increasing vulnerability to
Alzheimer’s, cardiovascular disease, and a variety of other age-associated
conditions.
David Pettigrew, Sagentia’s vice president of Connected
Health, states that, “Benefits to medical-device manufacturers include cost
savings through not having to develop a completely new device, leveraging
existing platforms while adding more sophisticated sensing and data
capabilities, and using an interface that consumers know and understand and is
already part of their everyday life.” This confluence of events and
technological advances results in the fact that devices are far more likely to
be adopted and used correctly.
Consorteum Holdings, Inc.’s (OTC: CSRH) subsidiary, 359,
appears to be positioned in the right place at the right time. The subsidiary’s
Thin Client Server / Hybrid Mobile Application provides the required security
for health care transactions. The health care industry by nature is labor and
record intensive, both of which can be expensive. By allowing patients secure
access to their medical information, health care institutions can minimize
unnecessary expenses.
Possible benefits of Consorteum’s Universal Mobile Interface
(UMI) could include optimized patient data processing and reduced costs in
areas such as secure account access and mobile health records, medication
notifications and automatic refills and real-time insurance co-pay information
for prescriptions, just to name a few.
Consorteum markets and licenses the CAPSA software platform
in Canada and Mexico. The platform is a mobile content delivery solution that
provides digital media to various mobile handsets. Additionally, the platform
facilitates transmission of financial information to individual handset owners.
For more information on the company, visit
www.consorteum.com
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