Tag: healthcare industry

The Global Virtual Reality market is estimated at $0.96 billion in 2014 and is expected to reach $35 million by 2022 with CAGR of 90% during forecast period 2014-2022. Head Mounted Display (HMD) in Entertainment Industry and gaming, reasonable Hardware are the influencing factors for growth of the market. However Low Resolution of HMDs and Display Latency are hampering the growth of the market. Growth of the market lies in Increase in Investment and Healthcare Industry.

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Global Virtual Reality market is segmented by Devices, by Technology, by components, by Applications and by Geography. Depending on the Devices, market is segmented into Projectors & Display Walls, Head Mounted Display and Data Gloves. Based on Technology, market is categorized as Semi-Immersive and Fully-Immersive. Based on Application, Virtual Reality market is classified into software, Hardware. Hardware is further segmented into Semiconductor, Sensors, Displays. Virtual Reality market by geography is segmented into North America, Europe Asia Pacific and Rest of the World.

The Key players in the Global Virtual Reality market include, Sensics, Inc., Oculus VR, Inc., EON Reality, Inc., Total Immersion, Metaio GmbH, Qualcomm Inc., Microsoft Corporation, Cyberglove Systems Llc., Samsung Electronics Co., Ltd.

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Mhealth technology trends

Consumers in growing numbers are tying their healthcare to internet and mobile devices, bring mhealth and mobile commerce closer and closer together. More often than not, patients have already looked up their symptoms online long before they land in a waiting room or even an emergency room.

Google it first

Google, Bing, and other searches are fast becoming part of medical care for patients. Looking online at sites like WebMD is a lot faster than making an appointment and sitting in a waiting room for an hour waiting to see a real doctor. A study by DC Interactive Group and Demi & Cooper Advertising surveyed 18-24 year-olds about healthcare information. A whopping 90% stated that they believe in information found on web sites and through social media about medical conditions.

Anyone with a computer can post medical advice online, which is hugely dangerous, but there are credible sites out there. WebMD is one of them. Some have real doctors and nurses answering health care concerns for users, some on a paid basis. Other than information about symptoms and what they may mean, users also post reviews of doctors and medical institutions online, all available for anyone searching to find and read.

mhealth and mobile commerce

Doctors and medical facilities have a decent presence on social media. More than half of doctors surveyed believe that this actually helps to improve patient care. The downfall is that doctors have privacy laws that they must follow so they must be careful about how they address concerns and questions on social media. In a way, this can mean revenue through mobile means – mhealth mobile commerce – but can also be very limiting about how specifics are addressed.

Most doctors and nurses would agree that going on the internet to get medical advice is not the best option. An in-person visit is always essential, especially when a condition could be serious. However, some medical advice online can be useful and some mobile commerce tools can also help save likes. Apps that record when a patient takes medication or emails caretakers when medication has been skipped can go a long ways towards saving lives and upgrading quality of life for patients.