A number of consumer electronics companies are already exploiting the growing demand for devices and services that help people remain trim, fit and mentally alert. The market for consumer electronics based therapeutic and well-being products is set to grow by 20% per annum and could be worth $4 billion per annum by 2010. As interest in preventative healthcare increases, wellness products and online services will have a significant impact on the business models currently employed by incumbent healthcare providers. Among the products consumers are already purchasing for use within their mental and physical well-being programmes are simple ECG devices that help reduce blood pressure and hypertension by encouraging correct breathing techniques. These products are simple to use and have been shown to be effective as elementary preventative healthcare devices. This report examines attempts by vendors to build well-being products into subscription-based services that generate repeat revenue and encourage brand loyalty. The report also contains research into a range of online services: including some that process ECG data uploaded from fitness and exercise monitors and others that are promoted by healthcare payers as part of preventative healthcare programmes. This report is based on research into the use of well-being products and the consumer electronics and communications industry's use of simple healthcare applications to extend their reach into new markets. A typical example being Nintendo's 'Brain Age' software, which is used by older people to exercise their minds and retain mental agility. This product has helped the company break into the ageing baby boomer market - not a demographic group that usually purchases Nintendo products. Who should purchase this report:-
Supplied free with this report is Next Generation Healthcare Providers, which provides an overview of the potential role of retailers and insurance companies in the healthcare provision market.
Wireless Healthcare reports, written for organisations who wish to exploit the growing market for networked ehealth, include:-
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