Tag Archives: connected health

Patients to take more control of healthcare with 5G

Ericsson has published its latest ConsumerLab report, From Healthcare to Homecare. The report reveals consumer insights into the impact of 5G on the future of healthcare and its transformation across preventative, routine, and post-operative care.

Patients take more control of healthcare with 5G

Ericsson ConsumerLab has more than 20 years’ experience of studying people’s behaviors and values, including the way they act and think about ICT products and services. Ericsson ConsumerLab provides unique insights on market and consumer trends.

  • Among main Ericsson ConsumerLab report findings, patients believe online consultation will reduce the pain of waiting times
  • Consumers to take more control over monitoring health with wearables when 5G improves reliability and security
  • Industry players are counting on increased online access to centralized patient data to positively impact healthcare services

The report states that next-generation networks will be pivotal in healthcare transformation, providing transmission efficiency in an ecosystem of feedback and alerts, mobility and low latency. The networks will become a vehicle for a range of applications, including remote monitoring through medical-grade wearables, virtual doctor-patient interaction, and remotely operated robotic surgery.

Key findings include the decentralization of healthcare moving from hospitals towards homes. Also, that patient data is becoming more centralized, turning hospitals into data centers. Increasing dependence on wearables and remote treatments makes 5G essential to provide reliable and secure services. Evolving consumer expectations, anytime patient data access, and increased internet use are also making way for non-traditional players to disrupt the healthcare industry.

This report covers insights from an online survey of 4,500 advanced smartphone/mobile broadband users in Germany, Japan, South Korea, the UK and the US plus an online survey of 900 decision makers across six industries in these countries – healthcare, insurance, medical technology companies, telecom operators, app developers/aggregators and government regulatory bodies.

Read the full report: Healthcare to Homecare

Source: Ericsson

Nokia and Withings Connecting to Better Health

thN40I1MTSNokia plans to acquire Withings to accelerate entry into Digital Health

Nokia has announced plans to acquire Withings S.A., a pioneer and leader in the connected health revolution with a family of award-winning digital health products and services to help people all over the world lead healthier, happier and more productive lives. Withings will be part of our Nokia Technologies business.

“We have said consistently that digital health was an area of strategic interest to Nokia, and we are now taking concrete action to tap the opportunity in this large and important market,” said Rajeev Suri, president & CEO of Nokia. “With this acquisition, Nokia is strengthening its position in the Internet of Things in a way that leverages the power of our trusted brand, fits with our company purpose of expanding the human possibilities of the connected world, and puts us at the heart of a very large addressable market where we can make a meaningful difference in peoples’ lives.”

World Health Organization figures show cardiovascular disease as today’s number one cause of death, with more than a billion adults around the world living with uncontrolled hypertension. Diabetes now affects more than one in twelve adults worldwide, a four-fold increase since 1980. Healthcare is expected to be one of the largest vertical markets in the Internet of Things, with analysts forecasting that mobile health, with a CAGR of 37%, will be the fastest growing health care segment from 2015-2020.

“Withings shares our vision for the future of digital health and their products are smart, well designed and already helping people live healthier lives,” said Ramzi Haidamus, president of Nokia Technologies. “Combining their award-winning products and talented people with the world-class expertise and innovation of Nokia Technologies uniquely positions us to lead the next wave of innovation in digital health.”

The combination of innovative products from Withings and the Digital Health business will also ensure the ongoing renewal of Nokia Technologies’ world class IPR portfolio.

Withings was founded by Chairman Eric Carreel and CEO Cedric Hutchings in 2008 and is headquartered in France, with approximately 200 employees across its locations in Paris, France, Cambridge, US and Hong Kong. Withings’ portfolio of regulated and unregulated products includes activity trackers, weighing scales, thermometers, blood pressure monitors, home and baby monitors and more, and is built on a sophisticated digital health platform, providing insights to empower people to make smarter decisions about the health and wellbeing of themselves and their families. Withings’ own products are complemented by an ecosystem of more than a hundred compatible apps.

“Since we started Withings, our passion has been in empowering people to track their lifestyle and improve their health and wellbeing,” said Cédric Hutchings, CEO of Withings. “We’re excited to join Nokia to help bring our vision of connected health to more people around the world.”

The Nokia brand continues to be recognized, valued and trusted by consumers, built on a heritage of beautifully designed, innovative and reliable technology in the service of people around the world to help real human needs.

The planned transaction values Withings at EUR 170 million and would be settled in cash and is expected to close in early Q3, 2016 subject to regulatory approvals and customary closing conditions.

Sources:
World Health Organisation: Diabetes fact sheet; Cardiovascular diseases fact sheet; Global Health Observatory data.
P&S Market Research, “Global Digital Health Market Size, Share, Development, Growth and Demand Forecast to 2020.” November 2015

Source: Nokia