There is a growing acceptance of wearable devices pertaining to medical applications is further propelling the demand of mHealth devices across the ecosystem. These devices enables various e-health data content and services to users, by using wireless technologies. The global mHealth device market has been identified as one of the fastest growing industries, owing to the changing dynamics of the legal and regulatory framework and the intense competitive rivalry among a plethora of public companies.
The devices includes Original Equipment Manufacturers (OEMs) (sensors, semiconductors & smartphones, and Personal Digital Asstaints manufacturers) along with manufacturers of medical devices, health and fitness devices, and other devices. However, this report focuses specifically on the end product providers (medical devices, Health & fitness devices, and others). These devices are deployed for monitoring, diagnosis, and treatment applications that augment the chances of better healthcare and fitness systems. These devices work as a guiding framework to record the data by the patient and send it to the healthcare providers for feedback.
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The mHealth devices market report presents detailed analysis of the entire mHealth ecosystem and provides extensive insights of the different mHealth devices. The report also focuses on different applications in which mHealth devices are being used. Further, all of the above mentioned report coverage parameters are discussed across different regions like North Americas, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA). The global mHealth device market is expected to grow at an estimated CAGR of 35.03% from 2017 to 2023. The Global M-health device market is expected to grow with CAGR of 35.03% during the period 2017 to 2023.
Global M-health device Market:
In the coming years, it is expected that the global M-health device market will advance with higher growth rate as compared to previous years. Its ease of access by both patients and physicians has fuelled the growth of the market for M-health device market.
The major participants of this market are Allscripts, Apple Inc., GE Healthcare, Athenahealth, Cerner, Koninklijke and Medtronics and others.
The global market for M-health device is growing steadily. The market for M-health device is growing with the CAGR of 35.03% during the forecast period from 2017-2023. North America accounts for largest market share in 2016 and is expected to reach USD 16,443.4 million by 2023. This is attributed to the factors such as the increasing adoption of smartphones, PDAs and wearable devices among others. Europe is the second largest market which is growing at a CAGR of 35.38% from 2017-2023. Asia-Pacific region is the fastest growing market for M-health device, which is expected to grow at a CAGR of 35.71 % during the forecast period from 2017 to 2023. The reason attributed to this rise is the increasing demand of mobile apps for cardiovascular diseases and monitoring and diagnosis devices that help patients and healthcare workers in prevention and post-acute care of severe health conditions.
Global M-Health Device Market has been segmented on the basis of types which comprises of medical devices, health and fitness devices and other devices. On the basis of application which comprises of monitoring application, treatment and diagnostics, education and awareness, healthcare management, wellness and prevention and others.
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The report for Global M-Health Device Market of Market Research Future comprises of 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
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