TEDMED: iMeds will be bigger than iTunes

Source:  http://mobihealthnews.com

…. “iTunes is big,” Thomspon said. “iMeds is much, much bigger.” ….

The global market for telecommunications is about $4 trillion to $4.5 trillion, Proteus Biomedical CEO Andrew Thompson noted during his presentation at TEDMED this week in San Diego. While there is this ongoing debate about healthcare reform, I noticed that there isn’t a reform discussion taking place about technology markets, Thompson said. That’s interesting, but it’s important to know the reasons why: It starts with the definition of “innovation” in the technology sector vs. the definition of “innovation” in healthcare. For the tech industry innovation means better and more affordable, while in healthcare innovation means better and more expensive. That means every year you get less for your money in healthcare, which is the exact opposite for the tech market, Thompson said.

More: http://mobihealthnews.com/5150/tedmed-imeds-will-be-bigger-than-itunes/

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