Health edition
February 2015
Canadian digital media trends
Connectivity
The world healthcare I.T. market is expected to grow from $99.6B in 2010 to $162.2B in 2015.
Health I.T. is a $4B market in Canada with a projected growth of 15% over the next 5 years. (2011–2016)
Venture capital funding
Venture capital funding in the global Healthcare I.T. sector rose to more than double from 2013 to 2014.
2013: $2.2B in 571 deals
2014: $4.7B in 670 deals
Productivity
50% how much artificial intelligence could reduce health care costs by.
With A.I., the cost of per unit of treatment is expected to drop from $497 to $189.
65% of healthcare professionals believe that secure text messagin can cut discharge time by 50 minutes.
Mobilizing digital content
The mobile health application market is projected to grow 61% by 2017, reaching $26 billion.
The top 10 applications have generated nearly 4M free downloads & 300K paid downloads.
Percentage of doctors who offer services via mobile devices:
38% Telephone based consultations
38% Administrative communication
21% Recieving data to monitor patient
17% Provide patients access to portions of their medical record
17% Drug adherence & other health related communication
17% Use of mobile device to explain/demonstrate during office visits
16% Text-based consultations
13% Analysis of general health & wellness data gathered by mobile devices
8% Video consultations
Access to talent
Current employment of health informatics & health information management professionals in 39,900 persons in Canada.
Over the next 5 years, 6,200–12,200 health I.T. professionals will need to be hired.
Healthcare provider staffing challenges:
67% have I.T. staff shortages
75% are hiring new staff to support I.T.
Healthcare providers reported most important skills to achieve provider health I.T. priorities:
Data statistics & analytics: 9%
Technology & architecture support: 10%
Don't know: 15%
Systems & data integration: 28%
Clinical informatics: 37%
Canadian Digital Media Network
Government of Canada
For more on key trends impacting Canada's digital media economy visit: www.cdmn.ca/research-reports