Private Screening

MARKET DRIVERS
‣ Continued aging population:
More patient population. The World Health Organization, projects the global
over-65 age population represents slightly less than 23% of the total US
population, they contribute an estimated 40% of total healthcare expenditures
and will rise to 800 million people by 2025. As a result more than six of every
10 Boomers will be managing more than one chronic condition. More than
one out of every three Boomers over 21 million will be considered obese.
Eight times more knee replacements will be performed than today. The
number of Americans with diabetes is expected to rise from 30 million today
to 46 million by 2030, when one of every four Boomers 14 million will be
living with this chronic disease. Arthritis: The number of Americans with
arthritis is expected to rise from 46 million today to 67 million by 2030. At that
point, nearly one out of every two Boomers – or over 26 million will be living
with the condition.
‣ Mobile imaging services:
Offered to geriatric homes, home-care, disabled and even remote locations
are developing into a steady business. Telemedicine and teleconsulting are
increasing the number of error-free diagnoses resulting in better patient care
and comfort. This is a major driver for the growth of the market. Increasing
incidence of cardiovascular diseases has also increased market. The telecardiology
market is mainly boosted because it proactively detects
abnormalities and manages hospitals’ outsourced cardiology images. The
larger number of cardiac patients with CHF will demand more on
telecardiology services. Tele-radiology is also an emerging field of healthcare
allowing hospitals to access radiologists.
LRMi 2016