Thursday, March 15, 2012

Aerotel's mHealth solutions draw interest at MWC 2012

Aerotel Medical System's mobile health (mHealth) and telemedicine solutions draw much interest at the Mobile World Congress (MWC) 2012, held earlier this month in Barcelona, Spain.

"Visitors showed much interest in our mHealth products," said Ofer Atzmon, Aerotel's VP Business Development and Marketing. "Senior executives from telecom companies, consultancy companies and healthcare providers came to meet Aerotel's management at our booth at the Israeli National Pavilion."

Aerotel booth at MWC 2012
Special interest was paid to Aerotel's innovative location-based personal alert system, GeoSkeeper, which recently received the U.S. Federal Communications Commission (FCC) Certification as well as Industry Canada (IC) certification.

Research indicates that the cost of managing chronic diseases is the largest portion of health care expenditures in developed countries. With rising aging populations, governments and healthcare providers are constantly looking for ways to lower expanses. Telemedicine solutions, such as those provided by Aerotel, could generate significant cost savings.

A recent report published by the GSMA and accounting firm PwC indicates that the worldwide mHealth revenue is expected to reach about $23 billion by 2017.

Source: GSMA and PwC report
The largest markets for mobile health services are expected to be Europe and Asia-Pacific (30 percent market share each), North America (28%), Latin America (7%) and Africa (5%)

Among the various categories, monitoring services, such as Aerotel's Connect-Cell, will account for the largest share (65%), corresponding to about US$ 15 billion in 2017.

Due to the growing interest in mHealth in the telecom sector, Aerotel will participate this year for the first time at the CTIA Wireless show in the US, and many high-level meetings with service providers are already scheduled.

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