"Fact File: By 2011, the world is expected to be spending around US$6 trillion each year on healthcare. US$175-US$200 billion in chronic disease management costs could be saved each year by remote monitoring solutions. A McKinsey market survey of 3,000 people across six geographies revealed that patients were willing to pay between US$15 and US$58 a month for a remote monitoring solution. There is a deficit of 2.4 million healthcare workers worldwide."

Sources: GSMA, McKinsey, Accenture, CSMG, OECD and WHO

"One of the biggest challenges faced globally is how to make high-quality healthcare affordable and accessible for all. As the population expands in developing countries and ages in developed countries, the world is spending an increasingly high proportion of its gross domestic product on healthcare. Governments, individuals and private insurers worldwide are urgently seeking more cost-effective ways of preventing and treating chronic diseases and other debilitating conditions."

Source: GSMA, 2010.