The Worldwide MHealth Applications Industry is growing with the rapid pace; mainly due the burgeoning Healthcare Sector. According to a recent study report published by the Market Research Future, The World MHealth Applications Market is booming and expected to gain prominence over the forecast period. The Market is forecasted to demonstrate a huge growth by 2023, surpassing its previous growth records in terms of value & volume. Considering the world scenario of the mHealth Applications Market, the total market for mHealth application expected to reach US$ 100.2 billion by 2023. While considering the segments, monitoring application is holding largest market share that is about 53.8% in 2016.
Market Research Future published new report, titled “mHealth Applications Market -Research Report: Forecast to 2023”.
The World MHealth Applications Market Report has been segmented on the basis of type which comprise Monitoring Applications, Diagnosis & Treatment, Education & Awareness, Healthcare Management, Wellness & Prevention, and others.
World mHealth Applications Market information, by type (Monitoring Applications, Diagnosis & Treatment, Education & Awareness, Healthcare Management, Wellness & Prevention, and others) – Forecast to 2023
Market Synopsis of World MHealth Applications Market:
mHealth is one of the most innovative and disruptive trends in healthcare sector that is growing at prodigious rate from last few years. mHealth is changing the way of traditional medical practices and creating path for the future of healthcare. mHealth assists to check and maintain the health related activity by using technology such as Bluetooth, mobile network (GSM/GPRS/3G/4G), and Wi-Fi. The data collected by mHealth devices such as mobile phones, tablets, laptops and tablet PCs assist to medical professional, consumers, and other users.
Major Key Players:
- Apple Inc.
- Honeywell International Inc.
- Medtronic MiniMed, Inc.
- Vivify Health
- iHealth Labs Inc.
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Considering the world scenario of the market, Europe was holding largest market share of 31.7% in global mHealth applications market in 2016. Asia-Pacific is second largest and fastest growing market in global mHealth applications market. APAC is expected to grow at a CAGR of 33.7% during 2017-2023. North America is one of pioneer in mhealth and is slightly behind the APAC. North America is expected to reach USD 28762.1 million by 2023. On the other hand. Middle East and Africa (ME&A) mHealth was valued USD 1334.9 in 2016 and is expected to grow at steady pace during the forecast period.
World Health Organization (WHO), GSMA, National Academy of Medicine, National Institutes of Health (NIH), Directorate of Industries, Expert Interview Market Research Future Analysis, Annual report, White paper, Company Presentation
The report for World mHealth Applications Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
Table of Contents:
1 Report Prologue
2.1 Scope of Study
2.2 Research Objective
2.3 Assumptions & Limitations
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
4 Market Dynamics
4.2.1 Innovation and Rapidly Changing Technology
4.2.2 Adoption and Involvement of Patient
4.2.3 Cost Effectiveness and Convenience
4.2.4 Increasing Prevalence of Lifestyle Diseases
4.3.1 Security and Confidentiality of Data
4.3.2 Resistance to Change
4.3.3 Market Volatility
4.4.1 Emerging Economies
4.4.2 Partnership as an Entry Strategy
4.5.1 Lack of Knowledge and Language Barriers in Low-And Middle-Income Countries (LMICS)
5 Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
5.2.1 mHealth Device Manufacturers
5.2.2 App and Software Providers
5.2.3 Network Providers/ Mobile Operators
5.2.4 Healthcare Providers / Medical Professional
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