The Global Mobile Health Market is estimated to generate USD 21.71 billion at a CAGR of 35.65% by the end of forecast period 2022. Mobiles have changed the course of technology and have increasingly penetrated every aspect of technology with healthcare being non exception.
Mobile health or Mobile Health is the application of mobile technology and devices for provisions of health services, data collection and information dissemination. The Mobile Health Market is growing at an explosive pace due to the factors such as increasing awareness of mobile technology applications, surging focus on patient-centric healthcare deliver, technological innovations, concerns over the rising cost of healthcare delivery, growing integration of wireless technologies, convenience of medical devices, falling prices and growing affordability of mobile devices and others.
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Mobile Health Market 2018 Segmentation:
To generate an accurate assessment of the market even by a layman, the Mobile Health market is dissected on the basis of devices, services, technology, applications and regions.
Device – blood glucose meters, wearable fitness sensor device, neurological monitoring, BP monitors, pulse oximetry, heart rate meters and others.
Services – diagnosis, monitoring, prevention, treatment, and others.
Application – cardiovascular, respiratory, neurological, genetic diseases and others.
Regions – Americas, Europe, Asia Pacific and Middle East and Africa
Mobile Health Market Prominent players:
The key players in the Mobile Health market are Athena health, Apple, Boston Scientific, AT&T, Fitbit, AirStrip, CardioNet, Sanofi, Telcare, Zephyr Technology and others.
Mobile Health Market Regional Analysis:
The industrialised and developed economies of North America and Europe dominated the scene due to their advanced economies and infrastructure. The advanced infrastructure is expressed by the fact that internet usage in developed economies such as U.S. and Canada represented 87% population in 2015.
However there is a definite shift of the market in favour of the developing economies, resulting from explosive mobile phone penetration. The revolution is underlined by the fact that internet usage across emerging and developing countries rose to eye watering 54% in 2015 compared to 45% in 2013, with Malaysia, Brazil, India and China reporting the largest growth. Smartphone ownership rates in these developing nations soared from a median of 21% in 2013 to whooping 37% in 2015. Smartphone adoption in developing economies of Turkey, Malaysia, Chile and Brazil represented a healthy increases of over 25 percentage points.
However Africa is expected to generate moderate growth in the Mobile Health market owing to poor socio economic conditions and smartphone ownership rates. Tanzania (11%), Uganda (4%) and Ethiopia (4%) represent countries with the least smartphone ownership rates in 2015.
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Major TOC of Mobile Health Market Research Report- Global Forecast To 2022:
1 REPORT SCOPE
1.1 Scope of the study
1.1.1 Mobile health (mhealth): report coverage
1.1.2 Research methodology
1.1.3 Research methodology for the global market study
188.8.131.52 Geographical Analysis
184.108.40.206 Demand Side & Supply Side Analysis
220.127.116.11 Data Synthesis & Bridging
1.1.4 GLOBAL MOBILE HEALTH (MHEALTH): RESEARCH METHODOLOGY
1.1.5 KEY DATA POINT SOURCES
18.104.22.168 Data Points Taken From Secondary Sources
22.214.171.124 Data Points Taken From Primary Sources
1.1.6 REPORT DESCRIPTION
2 EXECUTIVE SUMMARY
3 MARKET OVERVIEW
3.2 MARKET DYNAMICS
3.2.1 MARKET DRIVERS
126.96.36.199 Patients Involvement In Personal Healthcare
188.8.131.52 Proliferation Of Smartphones And Wearable Devices Into Healthcare
184.108.40.206 Integration Of Wireless Technologies With Portable Healthcare Devices
220.127.116.11 Introduction Of Connected Healthcare Solutions In The MHealth Market
18.104.22.168 Benefits Of Cost Effectiveness And Patients’ Convenience
22.214.171.124 Increase In Lifestyle Disease
3.2.2 MARKET CHALLENGES
126.96.36.199 Low Rate Of Literacy And Language Barriers In Low- And Middle-Income Countries (LMICs)
188.8.131.52 Invasion Of Privacy
184.108.40.206.1 Security Breach Cases
220.127.116.11.2 Potential Risk Of Hardware Or Software Failure
18.104.22.168.3 Stringent Regulations And Standards
22.214.171.124.4 Lack Of Awareness About The Possible Applications Of MHealth
3.2.3 MARKET OPPORTUNITIES
126.96.36.199 Partnership: An Entry Mode
188.8.131.52 Introduction Of MHealth In Developing Economies
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