The global mHealth Solutions Market accounted to USD 89.92 billion in 2016 growing at a CAGR of 32.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Also the Global mHealth Solutions Market By Product and Service [Connected Medical Devices { Clinical Devices (Vital Signs Monitoring Devices, Peak Flowmeters, Fetal Monitoring Devices, Multiparameter Trackers, Neurological Monitoring Devices, Sleep Apnea Monitors) Consumer Health Devices} mHealth Apps {Healthcare Apps (General Health & Fitness Apps, Chronic Care Management Apps, Medication Management Apps, Women’s Health Apps, Personal Health Record Apps) Medical Apps (Medical Reference Apps, Continuing Medical Education Apps, Patient Management & Monitoring Apps, Communication & Consulting Apps) mHealth Services (Remote Monitoring Services, Diagnosis & Consultation Services, Treatment Services, Healthcare System Strengthening Services, Fitness & Wellness Services, Prevention Services), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024.
mHealth Solutions also known as mobile health which is used as a practice of medicines and public health being done by mobile device such as mobile phones, tablets, smart watches in regard to data collection and health services information. It also helps in collecting healthcare information to practitioners, researchers, and patients and community health data.
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Major Market Drivers and Restraints:
- Increasing penetration of smartphones, tablets
- Rising rising cost containment in healthcare delivery
- Rising demand for mHealth solutions
mHealth Solutions Market Segmentation:
On the basis of product and service, global mHealth solutions market is segmented into connected medical devices, mHealth apps, mHealth services. Connected medical devices are sub segmented into clinical devices and consumer health devices. Clinical devices are further sub segmented into vital signs monitoring devices, peak flowmeters, fetal monitoring devices, multiparameter trackers, neurological monitoring devices, sleep apnea monitors.
mHealth apps is sub segmented into healthcare app and medical apps. Healthcare apps is sub segmented into general health & fitness apps, chronic care management apps, medication management apps, women’s health apps, personal health record apps and medical apps is sub segmented into medical reference apps, continuing medical education apps, patient management & monitoring apps, communication & consulting apps.
mHealth services is sub segmented into remote monitoring services, diagnosis & consultation services, treatment services, healthcare system strengthening services, fitness & wellness services and prevention services.
On the basis of geography, global mHealth solutions market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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mHealth Solutions Market Competitive Analysis:
The global mHealth solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes mHealth solutions shares for global, Europe, North America, Asia Pacific, and South America.
mHealth Solutions Market Major Market Competitors:
Some of the major players operating in global mHealth solutions market are Medtronic, AirStrip Technologies, Inc., Apple, Inc., LifeWatch , Koninklijke Philips N.V., AliveCor, Inc., Nike Inc., OMRON Corporation, BioTelemetry Inc., Jawbone, Withings, AgaMatrix, athenahealth, Inc., Qualcomm technologies Inc., Cisco Systems, Inc., Nokia and iHealth Lab, Inc. among others.
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