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mHealth Market Comprehensive Study Explores Huge Growth - LifeWatch, KONINKLIJKE PHILIPS N.V., Medtronic, Boston Scientific Corporation, athenahealth, Inc., Honeywell Life Care Solutions

05-27-2020 01:43 PM CET | Health & Medicine

Press release from: Premium Market Insights

mHealth Market - Premium Market Insights

mHealth Market - Premium Market Insights

mHealth Market to 2025 - Global Analysis and Forecasts By Services (Remote Monitoring Services, Diagnosis Services, Treatment Services, Health Support Services, Fitness & Wellness Services and Others), Devices (Insulin Pump, BP Monitor, Glucose Monitor, Personal Pulse Oximeters and Others), End User (Mobile Operators, Devices Vendors, Health Providers and Others) and Geography

The growth of the mhealth market can be attributed to the increasing adoption of the wearable devices such with improved technology are considered as reliable tools for advanced health monitoring systems such as smart watch and fitness tracker. The devices include the features such as user-friendly, self-effacing and connected, wireless data transmission, real-time feedback, and alerting mechanisms. Due to owing these factors and with the improved technology, the mobile health and their innovative applications are help to drive the market in the forecast period. However, the policies and regulations for mHealth expected to hinder the growth of the global mhealth market.

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The List of Companies

1. LifeWatch
2. KONINKLIJKE PHILIPS N.V.
3. Medtronic
4. Boston Scientific Corporation
5. athenahealth, Inc.
6. Honeywell Life Care Solutions
7. Cisco Systems, Inc.
8. OMRON Corporation
9. Masimo
10. AgaMatrix, Inc

On the basis of services, the market is segmented into remote monitoring services, diagnosis services, treatment services, health support services, fitness & wellness services and others. The remote monitoring services expected to hold the largest share in the forecast period. The remote monitoring services act as a primary and secondary support function which is used to provide secure & real-time monitoring and also helps to deliver a superior end-user experience. Additionally, the services include the web based transactions such as customer logins, purchase and cart order fulfillment, filling of web forms, and other user interactions to the users.

Among the devices, the demand for the mhealth is significantly high for insulin pumps, followed by BP monitor. Diabetes is rapidly becoming a major health widespread in most regions of the world. The insulin pumps are portable devices that are used to check the sugar level in diabetic patients. For the diagnosis of the diabetes, diabetes self-management products has been developed in the market, aimed at help to improve the lives of people with diabetes.

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