Skip to content Skip to navigation

Virtual Doctor-Patient Video Consultations to Grow 65 Percent by 2018

February 14, 2014
by Gabriel Perna
| Reprints

The virtual care doctor-patient video consultation industry will grow significantly over the next five years, according to new research from the Dallas-based market research and consulting company, Parks Associates.

Researchers estimate that by 2018, the virtual doctor consulation industry will have revenues of $13.7 billion. Furthermore, 28 percent of households with broadband in America have used some type of virtual care communication tool, which will grow 65 percent over the five-year period, Parks researchers say.

The connected care market will also show explosive growth, Parks says. By 2016, researchers say more than 32 million U.S. consumers will actively track personal health and fitness online or via mobile. U.S. sales of connected wellness and personal health products and services will exceed $8 billion in 2018, it predicts.

“All types of healthcare providers, from hospitals to physicians, need to embrace virtual care to ensure its success,” Harry Wang, director of digital health research at Parks Associates, said in a statement. “Next-generation cloud-based technologies will enable providers to tailor remote care programs to specific populations so they can cost-effectively move patients from an acute-care setting to self-managed behavior.”

The virtual care market has already shown growth in Northern California. Recently, leaders at Kaiser Permanente Northern California (KPNC) revealed that the number of virtual "visits" by the provider's patients grew from 4.1 million in 2008 to an estimated 10.5 million in 2013, he said. KPNC predicts that by 2016 virtual visits including secure e-mail, telephone, and video encounterswill exceed in-person visits in its Northern California system.

Topics

News

Lenovo Health and Orbita Launch Voice-Enabled Home Health Assistant Technology

North Carolina-based health IT company Lenovo Health and Orbita, a Boston-based connected home healthcare company, launched a virtual home care solution and showcased the technology at HIMSS17 in Orlando.

Phase 2 Winners Chosen in ‘Move Health Data Forward’ Challenge

The Office of the National Coordinator for Health Information Technology has announced five winners in Phase 2 of the “Move Health Data Forward” Challenge, a contest to develop solutions to help with the flow of health information.

National Association for Trusted Exchange Unveils FHIR-Based Solution for Data Sharing

At the HIMSS17 conference in Orlando on Monday, The National Association for Trusted Exchange (NATE) unveiled NATE’s Blue Button Directory (NBBD) and is demonstrating it as part of the Federal Health Architecture’s demonstrations in the HIMSS17 Interoperability Showcase.

Health Catalyst Incorporates Regenstrief’s NLP Solution in Its Analytics Platform

At the HIMSS17 conference in Orlando, the nonprofit Regenstrief Institute announced a partnership with analytics vendor Health Catalyst involving Regenstrief's artificial intelligence-powered text analytics technology.

Survey: Cybersecurity Getting More Attention at the C-Suite and Board Level

Cybersecurity has been elevated to a central concern for healthcare providers, with more attention at the board level and the C-suite, according to a new survey by Orem, Utah-based KLAS Research and the College of Healthcare Information Management Executives (CHIME). The study found that 42 percent of organizations have a vice president or C-level official in charge of cybersecurity and for 39 percent of organizations, the head of cybersecurity is at the director level.

Partnership for Health IT Patient Safety Focuses on Patient Identification

The Partnership for Health IT Patient Safety has rolled out its second set of Safe Practice Recommendations with a focus on reducing patient misidentification.