Telemedicine and Digital Health Market & IP Landscape
Telemedicine is part of a broader telehealth ecosystem that provides clinical evaluation, diagnosis, monitoring, and treatment options for patients at a distance from the caregiver. Telehealth permits two-way and real-time interactive communication between the patients and healthcare providers.
For example, remote patient monitoring through continuous sending of patient health data-sharing allows practitioners to evaluate a patient's condition in real-time, and provide tailored, personalized virtual health care experience. Telesurgery utilizes wireless networking and robotic technology to connect surgeons and patients who are distantly located from one another.
IP for reimbursement-friendly telemedicine technology is on the upswing
Telehealth brings the opportunities as a cost-effective alternative to the traditional face-to-face consultations or examinations. Health insurance providers are breaking down barriers for telehealth and expanding telehealth coverage. Recently, Blue Cross Blue Shield capitalized on the demand for telehealth with a new virtual primary care offering. Aetna medicare plans will continue to cover telehealth visits for primary care, urgent care and specialty care provided by a doctor, including mental health services.
Partnering between organizations and consortia is imperative for successful implementations in the telemedicine ecosystem
Organizations must join alliances, develop collaborations and invest in acquisitions because they lack all essential technologies, assets and knowledge to deliver end-to-end telehealth services. Yet winners in this landscape will not just improve patient wellness and enhance personalized care, some will also enjoy new device & service revenues growing at double-digit rates.
Those who will create the most successful telehealth ecosystems will bridge landscape gaps in scientific discovery, next-generation data (e.g., electronic medical record) sharing, and prescription ordering. CVS acquired Signify Health in an $8 Billion deal to expand its reach in value-based care and home health. Teladoc partnered with Amazon for voice-activated virtual visits on Echo devices for on-demand medical care.
How will the IP and investments of new telehealth giants shape their future earnings - and the returns of others?
Telehealth market size is expected to reach USD $636.38 Billion in 2028, with 32.1% CAGR. There are ever-growing new entrants and continuous investments of established players in the market. Prominent players are from multiple sectors and include: technology and telecommunications vendors (e.g., Verizon, Microsoft, SecureVideo); electronic health records providers (e.g., Epic Systems, Oracle Cerner, MEDITECH); virtual healthcare & AI analytics companies (e.g., Teladoc Health/Livongo).
Within an increasingly competitive market, ROI from telemedicine leadership may be predicted as the landscape reveals emerging technologies & new patents that protect delivery of intuitive digital patient experiences and explainable generation of reliable patient-centric expert opinions.
Objectives of Intellar Telemedicine & Digital Health IP Landscape Dashboards
Intellar Telemedicine & Digital Health Landscape Dashboards are designed to visualize who is doing what, when and where - and for how much?
Key concepts: remote patient monitoring, remote health monitoring, remote medical monitoring, mHealth, telehealth, tele-healthcare, telecare, wireless patient monitoring, wearable health-monitoring, and telemedicine
Data Coverage for Intellar Telemedicine & Digital Health IP Landscape Dashboards
More than 25,000 de-duplicated global simple patent families published in (machine translated) English since 2015
Technical literature, scientific, medical and engineering journal abstracts, full text (when available) & images published in English since 2017
News articles, press releases, business research, market forecasts, announcements and magazine content published in English since 2020
Categorization for Intellar Telemedicine & Digital Health IP Landscape Dashboards
This landscape’s technology taxonomy covers:
Telemedicine & Digital Health Telecommunication Technologies
Telemedicine & Digital Health Computational Functions
Telemedicine & Digital Health Devices
Telemedicine & Digital Health Features
Telemedicine & Digital Health Therapy Types
Telemedicine & Digital Health Vital Signs
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