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SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

mHealth Device Market Rise +35.03% of CAGR By Upcoming Developments + Future Investment

• mHealth Device Market is Witnessing Rising Acceptance of Connected Technology Solutions
• Mobile health is one of the most disruptive trends ever occurred in the healthcare sector.

mHealth refers to mobile health, one of the most disruptive trends ever occurred in the healthcare sector. It is a public health practice supported by mobile devices, commonly used for health services, information, and data collection through mobile communication devices, such as mobile phones, computers, tablets or PDAs, and wearable devices like smartwatches. mHealth is also defined as a sub-segment of eHealth, which uses ICT (information & communication technology), such as communications satellites, patient monitors, etc.

The global mHealth device market share is expected to create a valuation of over USD 48,663.2 MN by 2023. In its mHealth market growth analysis, MRFR also asserts that the market would register a massive 35.03% CAGR throughout the forecast period (2017 – 2023).

Research Synopsis

MHealth devices include mobile devices, real-time monitors for vital signs, and telemedicine. mHealth solutions allow users to access the collected data to check and maintain the health-related activities, using technologies such as Bluetooth, mobile network (GSM/GPRS/3G/4G), and Wi-Fi. Such advantages are encouraging the acceptance of mHealth devices in growing numbers of healthcare facilities, which increases the size of the mHealth solutions market globally.

The rapid adoption of portable and smart devices such as tablets and smartphones is a key driving force for the growth of the connected healthcare device market services.Besides, advancements in connectivity and mHealth technology solutions act as a major tailwind for the market growth. Simultaneously, factors such as rising patient involvement n personal healthcare and the introduction of connected healthcare solutions are impacting the growth of the market positively. An increase in lifestyle disease and benefits of mHealth solutions such as cost-effectiveness & convenience foster market growth. Furthermore, raising awareness among patients is driving market growth.

Read More: https://www.medgadget.com/2019/12/mhealth-device-market-rise-35-03-of-cagr-by-upcoming-developments-future-investment-growing-industry-size-and-competitors-statistics-data-analysis-during-the-forecast-period.html

• Karlsruhe, Germany-based start-up ZANA Technologies GmbH entering into a business collaboration where CardioComm
• ECG technologies to be tested within ZANA’s remote patient monitoring platform in 2020

Toronto, Ontario–(December 3, 2019) – CardioComm Solutions, Inc. (TSXV: EKG) (“CardioComm” or the “Company” or “CCS“), a global provider of consumer heart monitoring and electrocardiogram (“ECG“) acquisition and management software solutions, and Karlsruhe, Germany-based start-up ZANA Technologies GmbH (“ZANA“) confirm entering into a business collaboration where CardioComm’s GEMS™ ECG reviewing and HeartCheck™ ECG monitoring technologies are being evaluated to support ZANA’s novel, voice-directed, remote patient monitoring and patient management platform.

Through the use of deployable versions of the GEMS™ Mobile Smartphone, the GUAVA ECG viewer and GEMS™ ECG management software, ZANA will embed CardioComm’s ECG management technologies into its mobile app and patient engagement platform. ZANA users will be able to download one Smartphone app through which ECG recordings and clinical feedback will be provided using ZANA’s cloud-based patient engagement platform where CardioComm’s hospital ECG management software technologies will have been incorporated.

ZANA has decided to partner with CardioComm Solutions and its HeartCheck™ CardiBeat ECG device and GEMSTM software solutions to be evaluated by multiple medical centres throughout Europe in ZANA’s bid to become a preferred vendor for telemedicine solutions for monitoing a patient’s post-hospital discharge. ZANA’s disruptive patient enagement platform uses an intelligent, voice-/chat-based assistant with interactive and learning technologies that permit home-based, continuous health monitoring, designed to improve the health outcomes of its patients. As patient ECG monitoring requirements evolve, CardioComm will provide ZANA support in expanding the user’s access to other ECG monitoring methodologies that may be requested as part of any comprehensive physician-directed hospital discharge plan. This will include the use of 12 lead ECGs and long-term continuous ECG monitoring devices.

The companies will provide updates on the clinical testing results as they become available. To learn more about CardioComm’s products and for further updates regarding HeartCheck™ ECG device integrations, please visit the Company’s websites at www.cardiocommsolutions.com and www.theheartcheck.com.

About CardioComm Solutions

CardioComm Solutions’ patented and proprietary technology is used in products for recording, viewing, analyzing and storing electrocardiograms for diagnosis and management of cardiac patients. Products are sold worldwide through a combination of an external distribution network and a North American-based sales team. CardioComm Solutions has earned the ISO 13485:2016 MDSAP certification, is HIPAA compliant and holds clearances from the European Union (CE Mark), the USA (FDA) and Canada (Health Canada).

About ZANA

Zana Technologies GmbH is an award-winning digital health start-up based in Germany that offers cutting-edge conversational AI and wearables integration for remote health monitoring. The main product offering is an intelligent voice assistant that establishes a direct bridge between patients and doctors. The innovative remote care solution is designed to improve and lower costs of post-operative and chronic care. ZANA combines active conversation in natural language with real-time monitoring through connected devices, all from the comfort of a patient’s home through a Smartphone or smart home device. ZANA’s backend collects and presents the monitored patient’s data through an innovative dashboard system that updates doctors about their patient’s health continuously and securely.

FOR FURTHER INFORMATION PLEASE CONTACT:
Etienne Grima, Chief Executive Officer
1-877-977-9425 x227[email protected]
[email protected]

Forward-looking statements

This release may contain certain forward-looking statements and forward-looking information with respect to the financial condition, results of operations and business of CardioComm Solutions and certain of the plans and objectives of CardioComm Solutions with respect to these items. Such statements and information reflect management’s current beliefs and are based on information currently available to management. By their nature, forward-looking statements and forward-looking information involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements and forward-looking information.

In evaluating these statements, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not assume any obligation to update the forward-looking statements and forward-looking information contained in this release other than as required by applicable laws, including without limitation, Section 5.8(2) of National Instrument 51-102 (Continuous Disclosure Obligations).

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/50342

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

Mhealth Market is Presumed To be Valued at US$118.4 billion by 2025

• According to experts from TMR, the global mHelath market stood at US$23.9 bn in 2017.
• This revenue is expected to gain an impressive value of US$118.4bn by the end of 2025.
• Experts project this growth to occur with a meteoric CAGR of 22.1% during the forecast period from 2017 to 2025.

The global mHelath market bears a highly fragmented vendor landscape, says Transparency Market Research (TMR) in a recently published report. This is solely because of the existence of large, medium, and small-scale players in the market. Withings, FitBit, Apple Inc., Jawbone, and Dexcom are the dominant players working in the global mHelath market.

Out of the various strategic alliances adopted by players in the global mHelath market to hold a sizeable stakes, capitalizing on the emerging opportunities and acquiring latest technologies and tools has gained maximum popularity. The level of competition among leading vendors is getting escalated with rising use of technologies and smart devices such as wearables. The global mHelath market is expected to grow steadily due to the presence of highly established players who are concentrating on improving their product quality, facilitating product differentiation, and enhancing geographical reach. These companies are also attempting to introduce advanced and new products into the industry on a daily basis.

According to experts from TMR, the global mHelath market stood at US$23.9 bn in 2017. This revenue is expected to gain an impressive value of US$118.4bn by the end of 2025. Experts project this growth to occur with a meteoric CAGR of 22.1% during the forecast period from 2017 to 2025.

Among various products in the global mHelath market, connected medical devices hold substantial share, which is expected to boost the global mHelath market during the forecast period. This is because of rising focus towards fitness and increasing use of heart rate monitors among people.  Region wise, North America is expected to lead the global mHelath market in the coming years. This is attributed to a strong technological infrastructure along with high healthcare expenditure in the region.

Integration of Wireless Technologies to Fuel mHealth Market’s Growth

Health-related technologies and mobile applications are often known as mHealth, which helps in managing patients’ experiences. Such health mobile technologies and apps utilize advanced data analytics to help medical professionals in providing their patients best care at low cost. These health mobile applications facilitate easy and better health management through simple apps such as diet, exercise trackers, and calorie-counting.

Such USPs are driving the global mHelath market. Along with this, rising penetration of internet connections and smartphones, and rapid technological advancements in healthcare industry are the factors majorly fueling growth in the global mHelath market.

Furthermore, mHelath ensures continuous communication between medical professionals and patients, thereby allow physicians to monitor, and diagnose patients without seeing them in person. Such benefits are also boosting the global mHelath market. Apart from these, rapid adoption of connected devices for monitoring various chronic diseases, and increasing demand for cost-effective medical services are also propelling expansion in the global mHelath market.

Read More: http://newsdescription.com/2019/11/26/mhealth-market-is-presumed-to-be-valued-at-us118-4-billion-by-2025/

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

Big Trends in MHealth Solutions Market to Make Great Impact in Near Future over 2023

• The market is growing rapidly because of the widespread need for health care around the world. According to the KD market Insights Market is expected to achieve CAGR of 23.1% during the forecasted period

The mHealth solutions or mobile healthcare solutions are a wireless device to improve healthcare services. The market is growing rapidly because of the widespread need for health care around the world. According to the KD market Insights, the market is expected to achieve CAGR of 23.1% during the forecasted period of 6 years i.e. 2018-2023. Further, the increasing occurrence of healthcare needs has encouraged the market for mobile healthcare services. These devices are directly delivered to the patient home and used by the hospital to monitor patients directly through this system.

The mHealth solutions market reports aim to provide the in-depth report of the demand of the infant formula in the market, market size, segmentation of the market, availability of the product, acquisition process, Insights, product type, supply chain analysis, macroeconomic and regional trends impacting cost and opportunities in the mhealth solutions market.

The mHealth solutions market is segmented on the basis of the end user, by offering and by geography.  By offering it is divided into connected medical devices, applications and services. Further connected medical devices it is divided into heart rate monitors, activity monitors, electrocardiograph, fetal monitoring and neuromonitoring and others. Applications have been divided further divided into fitness and wellness, diabetes, cardiovascular diseases, Central nervous system diseases, respiratory diseases, musculoskeletal diseases, smoking cessation and medication adherence and others. On the basis of services, it is divided into health monitoring, consultation, diagnostic service, treatment service, emergency response and others. The end users are public/private health care institutions, physicians, mhealth care worker and individuals

The mHealth solutions market provides the current scenario of the market, the major key stakeholders of the market and their competitive dynamics so that the plans, policies and strategies of the competitors are evaluated in advance so that strategies can be modified according to the need of the market.  The major market players are Vodafone Group Plc., AT&T Inc., Apple Inc., Boston Scientific, Airstrip technologies Inc., Cerner Corporation, Soft Serve Inc, Honeywell, Symantec Corporation, and Koninklijke Philips N.V. and Other Prominent Players.

Source: http://virtualnewsusa.com/big-trends-in-mhealth-solutions-market-to-make-great-impact-in-near-future-over-2023/97352/

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

mHealth Market Is Projected To Expand At A CAGR Of 25.7% By 2025

• Global mHealth market size is expected to reach USD 151.57 billion by 2025, progressing at a CAGR 25.7% over the forecast period, according to a new report by Grand View Research, Inc
• The market is majorly driven by growing geriatric population, rising prevalence of chronic diseases, and increasing penetration of smartphones and internet connections

According to a report, “ mHealth Market Analysis Report By Participants (Mobile Operators, Device Vendors, Healthcare Providers), By Service (Diagnosis, Monitoring, Healthcare Systems), And Segment Forecasts, 2018 – 2025 ”, published by Grand View Research, Inc.,The global mHealth market size is expected to reach USD 151.57 billion by 2025, progressing at a CAGR 25.7% over the forecast period, according to a new report by Grand View Research, Inc. The market is majorly driven by growing geriatric population, rising prevalence of chronic diseases, and increasing penetration of smartphones and internet connections. Technological advancements are leading to product innovations in the area of mHealth, which in turn will bode well for the market.

Growing inclination towards preventive healthcare and subsequently rising subscription to mHealth apps have been working in favor of the market. mHealth apps exhibit several features that offer healthcare benefits to healthcare providers as well as patients. mHealth apps provide accessibility to health related information. mHealth apps also ensure continuous communication between patients and providers, thereby allowing providers to diagnose, recommend, and monitor patients without even seeing them in person.

Key players in this space include Apple Inc.; AT&T; Airstrip Technologies; Allscripts Healthcare Solutions; Google Inc; Orange; Soft Serve; mQure; and Samsung Electronics.

Adoption of smartphones with subscription to mHealth apps among adult population in the U.S. is rising in order to maintain routine check. For instance, according to a paper published in NCBI in February 2016, around 91.0% of adult population in the U.S. own a mobile phone, with 61.0% of them possessing smartphones.

Further Key Findings From the Report Suggest:

• In 2017, monitoring services held the largest revenue share owing to growing adoption of mhealth solutions for monitoring health conditions such as diabetes
• The healthcare system strengthening services segment is likely to register the highest CAGR of 27.7% over the forecast period
• Healthcare providers will be the most promising participant segment during the forecast period, mainly due to adoption of digital technology by healthcare facilities in order to optimize care management process
• In 2017, Europe accounted for the largest revenue share in the market owing to rising research initiatives in the area of mHealth

Participants Insights

The mobile operators segment dominated the mHealth market in 2017. Increasing number of partnerships of mobile network operators with mHealth service providers is one of the key factors contributing to the growth of the segment. Rising involvement of mobile operators in the healthcare sector is also supplementing the growth of the segment. According to a GSMA survey 2012, nearly 794 mobile operators were involved with mHealth in some way. This survey also showed that in 2012, there were nearly 269 mHealth services or products that were led by mobile operators.

The device vendors segment witnessed the second largest revenue share in 2017. Growing involvement of device vendors in mHealth is augmenting the . Device vendors are actively participating by providing security systems to the smartphones for reducing the incidences of data breaches pertaining to health records of the patients. This further results in growing adoption of mHealth by the general population.

Read more: http://www.digitaljournal.com/pr/4512981#ixzz65r40c8ML

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

Congress Eyes Privacy Protections for Data on mHealth Wearables

A bill introduced this week – and another introduced this past June – aim to protect patient health data gathered on consumer-facing mHealth wearables like smartwatches, fitness bands and even apps.

• US Senators Bill Cassidy (R-LA) and Jacky Rosen (D-NV) have introduced a bill this week that aims to define how data gathered on smartwatches, fitness bands and other connected health devices – including mHealth apps – dis protected and prevent “entities that collect consumer health information” from exposing that data to other parties.

By Eric Wicklund

November 15, 2019 – Congress is jumping into the long-simmering debate over the protection of health data on consumer-facing mHealth wearables.

US Senators Bill Cassidy (R-LA) and Jacky Rosen (D-NV) have introduced a bill this week that aims to define how data gathered on smartwatches, fitness bands and other connected health devices – including mHealth apps – dis protected and prevent “entities that collect consumer health information” from exposing that data to other parties.

“The introduction of technology to our health care system in the form of apps and wearable health devices has brought up a number of important questions regarding data collection and privacy,” Rosen said in a press release announcing the bill, to be called The Stop Marketing And Revealing The Wearables And Trackers Consumer Health (SMARTWATCH) Data Act. “This commonsense, bipartisan legislation will extend existing health care privacy protections to personal health data collected by apps and wearables, preventing this data from being sold or used commercially without the consumer’s consent.” 

The bill’s introduction comes amidst a flurry of news in the consumer-facing mHealth arena, including Google’s pending purchase of Fitbit and the announcement that the tech giant will be working with Ascension – the largest non-profit health system in the US – to integrate mHealth technology and data collection into the health system’s care programs.

“The Google/Ascension news has brought needed scrutiny to the security of Americans’ health data,” Cassidy said in the press release. “The SMARTWATCH Act prevents big tech data harvesters from collecting intimate private data without patients’ consent. Americans should always know their health information is secure.”

The bill defines consumer health information as “any information about the health status, personal biometric information, or personal kinesthetic information (such as keystroke or gait patterns and sleep information) about a specific individual that is created or collected by a personal consumer device, whether detected from sensors or input manually.” This would include not only physiological, biological and behavioral data, but “deoxyribonucleic acid, imagery of the iris, retina, fingerprint, face, hand, palm, vein patterns, and voice recordings, from which an identifier template, such as a faceprint, a minutiae template, or a voiceprint, can be extracted.”

Under the bill, the organization that collects that data would be barred from transferring, selling, sharing or allowing access to that data, unless aggregated and anonymized, to “any domestic information broker or other domestic entity” whose primary function is to analyze that information for profit or whose primary purpose is to add commercial value to the entity collecting the data.

The bill goes on to direct the Health and Human Services Secretary to treat violations in the same way that it would treat HIPAA (Health and Insurance Portability and Accountability Act) violations.

The legislation mirrors a bill introduced in June by Senators Amy Klobuchar (D-MN) and Lisa Murkowski (R-AK) that aims to protect consumer health information not protected under current laws.

The Protecting Personal Health Data Act (S.1842) would require the development of regulations that strengthen privacy and security protections, including setting consent standards that address genetic, biometric and general personal health data, and give consumers the ability to access, amend and delete their data. It would also create a National Task Force on Health Data Protection that would:

• evaluate and provide input to address cybersecurity risks and privacy concerns associated with consumer products that handle personal health data, and the development of security standards for consumer devices, services, applications, and software; and
• study the long-term effectiveness of de-identification methodologies for genetic and biometric data, and advise on the creation of resources to educate consumers about direct-to-consumer genetic testing.

Source: https://mhealthintelligence.com/news/congress-eyes-privacy-protections-for-data-on-mhealth-wearables