Victor Camlek - Analyst Profile

Principal Analyst
Transformational Health


I'm a veteran market intelligence analyst with extensive experience focused on the Healthcare Information, Telehealth and Telecommuncations sectors.  I have had corporate experience as VP of Market Intelligence for the IP and Science and Healthcare businesses of Thomson Reuters and prior to that various leadership and analyst positions at Telcordia Technologies (now part of Ericsson).  I have done presentations at various global industry conferences. My favorite hobbies include photography, music, sports and travel. 

Areas of expertise

Recent items from Victor Camlek

Top Digital Health Takeaways and Analyst Perspectives
The Connected Health Conference is one of the leading digital health events in the US market. The theme of the 2017 conference was: “The Connected Life Journey: Shaping Health and Wellness for Every Generation.” The goal was to place less emphasis on the bells and whistles of technology while focusing more on the human element of connected health. Frost & Sullivan was in attendance and presents highlights, opinions, and market predictions emerging from this signature industry event. Healthcare’s digitization is leading to an explosion of electronic data across all healthcare industry segments. Health-related digital data is pouring in from a variety of sources including electronic health records, billing and medical claim systems, and a plethora of health monitoring devices. Profound changes are occurring in the day-to-day practice of medicine as well as the core operations of providers. New approaches are essential and inevitable to ensure the transition to an era in healthcare that emphasizes quality and safety, coordinated patient care, evidence-based medicine, outcome-based reimbursement, efficient resource allocation, and increased engagement of consumers and patients. This Growth Insight includes a high-level overview of the conference and keynote addresses from Dr. Joseph Kvedar, Partners HealthCare; Dr. Adrienne Boissy, Cleveland Clinic; Rick Valencia, Qualcomm Life; Carla Kriwet, Philips Connected Healthcare and Informatics; and Dr. Calum MacRae, Brigham and Women’s Hospital. Analyst-identified key takeaways also are presented. Developments of company in attendance also are discussed. They include Bosch Healthcare, Intel Corporation, MediSafe, Medtronic, AllazoHealth, Orbita, Philips and Validic.
Published: Dec 28 2017 Other
Fitbit is Losing Steps as the Wearable Market Matures
Digital health brings a diverse range of growth opportunities for vendors across the value chain. As the space has evolved, it has experienced a multitude of small successes and stellar failures, yet funding continues to flood in. Major entries into the industry continue from the broader vendor environment, underlining the importance of health in everyone’s lives and in the strategic interests of the C-Suite across the ecosystem. Over the past 10 years, Fitbit has become a household name in the wearable market synonymous with fitness wearables and activity tracking. The company went public in 2015 and reported revenue growth that surpassed the $2 billion mark in 2016. However, the 4th quarter of 2016 was disappointing and was followed by a revenue guidance for 2016 of a decline to $1.5 billion to $1.7 billion. The wearable market overall has reached maturity and a shift in market conversation from its height of hype in the middle of the decade. This has brought challenging times for many companies as they seek to continue to uncover growth opportunities through activities such as portfolio changes and acquisitions in light of once major brands dissipating including Jawbone, Basis, and Nike. This report examines Fitbit's current situation, which includes both opportunities to rebound and threats of continued declines. It reviews the industry dynamics that Fitbit must overcome to encourage customers, partners and investors to remain confident. Fitbit must increase its competitiveness in the smartwatch market against the likes of Apple, Samsung, and Fossil. Although it has made key acquisitions that have added smartwatch intellectual property and executive talent, its future is far from certain. Key questions this study will answer: - What are the strengths, weaknesses, opportunities, and threats facing Fitbit? - What factors will Fitbit need to manage strategically in order to regain its momentum in the market?
Published: Oct 25 2017 Other
Telehealth, sometimes referred to as telemedicine, is a combination of telecommunication services combined with advanced medical device technology and cloud-based platforms used to deliver healthcare to patients not in the same physical location as the provider or care giver.
Published: Sep 28 2017 Market Insights
Opportunities to Offer a Variety of Telebehavioral Health Services Will Drive New Growth in Digital Health
The latest report in the Frost & Sullivan's telehealth series finds that telemental health services and communications enablers are poised to increase in utilization because they offer a therapeutic environment similar to traditional in-person methods, minus the time and costs associated with traveling to a treatment site—assuming one is even available. Overall telemental health market revenue is expected to increase at a compound annual growth rate of 22.5% from 2016 to 2021. This report reviews the data that illustrates the magnitude of mental health and substance abuse issues prevalent across the United States coupled with the documented lack of nearby mental health professionals in many locations. The research shows examples of several ongoing programs that have made strides despite a variety of barriers, such as the lack of a standard reimbursement process across states, that must be overcome for these services to achieve their full potential. This report also covers a mix of pure-play telemental health specialists and telehealth companies that have extended their service to include telebehavioral health services, including InSight Telepsychiatry, American Well, Teladoc, MDLIVE , Vidyo, and WeCounsel. Major questions this report will answer include: • What are the latest trends impacting the telemental health space? • How is the telemental market segmented, and who are the major participants in each segment? • What combination of economic supply and demand factors and mental health condition and substance abuse prevalence statistics appear to make the wide-scale adoption of telemental health inevitable? • What are the competitive characteristics of the telemental health market, and who are some of the key vendors serving the market and the segments? • What is the 5-year revenue outlook for the market and the major segments? Frost & Sullivan found that telemental health services have the potential to become the most successful telehealth application within the next five years. The industry will benefit from the prevalence of mental health and behavioral issues. By 2021, telemental health services will gain recognition as a proven solution to the challenge faced by people who have little or no access to mental health professionals.
Published: Sep 26 2017 Market Research
Yorktel Introduces Univago HE™   Yorktel today introduced Univago HE described as the first and only all-inclusive telemedicine video services platform that delivers the versatility, reliability and security vital to affecting widespread telemedicine adoption.  Yorktel indicated that it designed the product from the ground up explicitly for telem...
05 Sep 2017 Blog post
Industry Confirms Telemedicine’s Value While the Question Persists—Is Anyone Making Money?
The American Telemedicine Association held its annual meeting in Orlando, Florida from April 23-25, 2017. This year’s conference was called Telehealth 2.0 and drew attendees from healthcare providers as well as a mix of established and start-up telehealth-focused companies. This growth insight presents an analysis of key takeaways and major themes of importance in telehealth in 2017, noteworthy vendor developments, findings from the event and analyst opinion on what this means for the area. Among the major themes included are the need for the industry to get past trials, achieve larger scale implications and the ongoing challenges posed by the lack of a standard reimbursement model across all regions and demographic groups.
Published: May 29 2017 Other
Connected Healthcare Expected to Drive Growth
Clinical Decision Support Systems and services have evolved from being an authoritative content market dominated by large Scientific, Medical, and Technical (STM) publishers to being a dynamic and evolving connected infrastructure that includes digital workflow, electronic health record (EHR), and a variety of point-of-care solutions. While clinical guidelines and protocols remain critical components of this market, the landscape now includes a mix of suppliers, including medical device manufacturers and cloud-based clinical surveillance tools. The overall CDSS market is expected to grow by a CAGR of 8.9% from 2016 to 2021. Point-of-care solutions will be a key area of market growth. EHR providers will strive to become the hub of a CDSS, either by integrating access to CDS sources from within the EHR or through links to sources that have partnering agreements with the EHR provider. Workflow solutions, such as Computerized Physician Order Entry Systems (CPOE), documentation and scheduling sources, in addition to charge capture capabilities are also important in the market. One exciting aspect of CDSS in the digital era is the growing volume of patient data derived from medical devices, and monitoring systems, both from within the hospital and remotely. Additional scores of data signal expanded opportunities for new data analytics systems and models. This growing cache of medical data should support breakthroughs in Population Health Management Systems. Perhaps, the most exciting segment within CDSS is clinical surveillance systems that are capable of spotting serious patient-related issues with even more reliability than expert medical staffers. These systems use advanced data models to spot, at the point-of-care, nuances among the complex mix of medical indicators that may signal the prelude for a serious-yet-preventable medical event. This report also covers an array of established and new industry participants offering services in the segments covered, such as Wolters Kluwer, Zynx Health, The American College of Radiology, athenahealth, Philips, Elsevier, HCA, Premier, IBM (Truven), Inovalon, eClinical Works, Epic, Meditech, Perigen, Isabel Health, Motive Medical Intelligence, and many others. Major questions this research will answer include: • What are the major trends impacting the CDSS space? • What are the major participants across CDSS and by market segment? • What are the competitive dynamics of the CDSS market? • What is the revenue outlook for CDSS and the major segments? • What are the strategic imperatives and calls to action that will define growth and success within the CDSS market over the next five years? Frost & Sullivan predicts that CDSS will evolve to become advanced predictive analytic tools, based on input from a patient’s history, next-generation sequencing, and patient-generated data. Complex machine learning algorithms, artificial intelligence, and cognitive computing will influence advances in CDSS over the coming decades. The report also predicts the growing importance for patients to have access to CDSS from reliable medical-grade sources.
Published: May 18 2017 Market Research
Clinical Decision Support Systems (CDSS) represent a critical component of healthcare vital to improving patient care and outcomes in a variety of ways. The concept of clinical decision support (CDS) has been important for many years.
Published: May 16 2017 Market Insights
Healthcare Specialties such as Telebehavioral Health, Teledermatology, and Medical-grade Activity Tracking Expected to Add Value for both Patients and Physicians
Telehealth services and systems have made the most progress in remote management of post-acute care patients or among patients with chronic conditions, many of whom have one or more co-morbidity. This progress is visible across 4 major segments: remote patient monitoring (RPM), virtual telehealth visits, mobile health (mHealth), and personal emergency response systems (PERS). This study finds the overall US telehealth market will grow by a compound annual growth rate (CAGR) of 29.3% from 2016 to 2021. One unique aspect of this research is the view that the larger segments of the telehealth market will stimulate some break-out growth in 14 sub-segment markets including: activity tracking, telebehavioral health, teledermatology, telediabetes management, telemedicine platforms, telepediatrics, tele-ICU, telecardiology, telestroke management, teleradiology/tele-Imaging, telehealth kiosks, telemedication management, telepharmacy, and other specialty areas. The study ranks the segments and sub-segments based on a variety of criteria ranging from short-term revenue opportunities to the transformative potential of each segment covered. The research finds the greatest opportunity will be associated with the mHealth segment because in addition to stimulating service via a large array of devices, and thousands of health-related apps, mHealth offers many enabling capabilities across all segments and sub-segments including connectivity and secure data transport. This study also covers a mix of large and smaller industry participants offering services including Medtronic Care Management Services, Philips Telehealth, American Well, Teladoc, Qualcomm Life, Vidyo, Zipnosis, Dexcom, Tactio, and many others. Key questions this research will answer address: • What are telehealth services and how are these solutions being deployed by 4 key market segments—healthcare payers, employer plans, hospitals, and physicians? • What are the market-shifting macro trends impacting the need to deploy new or improved solutions to enable patients to achieve quality care using telehealth in a variety of settings? • What are the specific drivers and restraints impacting the telehealth virtual visits market in the United States over the next 5 years? • What are the sub-segments of the telehealth market and which ones offer the best opportunities for growth? • What is the 6-year revenue outlook for the telehealth market and the major segments? Frost & Sullivan predicts that within 5 to 7 years telehealth will become a mainstream health option. The consumer or patient will be able to maintain an ongoing relationship with his/her physicians while enjoying greater ease of access. Meanwhile, the global proliferation of the Internet of Medical Things (IoMT) will reduce the number of new chronic condition patients.
Published: Apr 06 2017 Market Research
Moving from Technology Focus to the Human Element for Optimal Engagement and Success
The 13th annual Partners Connected Health Symposium was held at the Boston Seaport Hotel & World Trade Center in October 2016. The key theme of the event was “Digital technology that cares. Bringing the human element to life.” The following piece presents analyst highlights, views, and major observed themes in digital health as well as company-specific developments from the conference. Twenty-one companies of note were identified from the event, including Validic, Withings, Philips, Dacadoo, Bewell Connect, and Care Angel.
Published: Dec 09 2016 Other
Mobile health (mHealth) is a technology-based capability that can connect a patient to healthcare providers regardless of the patient’s location. mHealth offers the ability to overcome many obstacles that may limit other innovative connected health services.
Published: Nov 30 2016 Market Insights
Highlights from the 2016 American Heart Association Innovation Forum, April 20, 2016 Lack of Incentive for Funding in Cardiovascular Disease Rises Challenges in the Industry NYC Heart & Stroke Innovation event provided insight on the challenges and growth opportunities in the cardiovascular disease industry On April 20, 2016, The American Heart...
25 Apr 2016 Blog post
There are a couple of items worth mentioning since last week's surprise announcement from Healthspot.   Today MedCity News published a report stating that despite the demise of Healthspot, Xerox, one of the principal investors and developer of the technology powering the kiosks, remains bullish on the concept and wants to leverage the concept els...
11 Jan 2016 Blog post
In a way, the events surrounding Healthspot are very similar to when Robert Bosch Health Systems Inc., exited the U.S. telehealth and remote patient monitoring (RPM) markets last year. In both cases, the move was very sudden despite notable contracts; Bosch with Veterans Affairs and Healthspot with Rite Aid, the Cleveland Clinic and others.   So...
08 Jan 2016 Blog post

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