Press release
Global Mobile Health Industry to reach USD 62.83 Billion by 2021 with a CAGR of 35.65% | Market Data Forecast
Mobile Health means use of phones and other technologies in healthcare. The global mobile health industry is expected to witness exponential growth during the forecast period.
Browse industry data tables and in-depth TOC of the Global Mobile Health Industry to 2021 @ http://www.marketdataforecast.com/market-reports/global-mobile-health-market-1927/
Mobile health developed majorly because of development of smartphones and wireless technologies. Mobile health features use of technologies like Patient Monitoring devices, telecare devices, microcomputers, Data collection software, smartphones and its apps and wireless enabled laptops for monitoring health. Health care providers use Mobile health technology for checking a person’s vital signs or level of injury, chatting with specialists for guidelines, accessing clinical information, collaborating with care teams, Real time monitoring of patient, providing health care remotely called telemedicine. Patients use Mobile Health to track their personal health records through apps and communicate with their care providers.
This industry is mainly driven by the need to reduce healthcare expenditure, rising incidence of chronic diseases, increase of aging population, widespread use of Mobile Smartphones globally, prospect of personal healthcare management, Technological advances like 3G and 4G, need for cost efficient healthcare delivery and increased awareness among people about personal healthcare management. However, the risk of data theft, stringent regulations by FDA and EU, lack of proper guidance from physicians in selecting apps and resistance from traditional healthcare providers in developing countries are some of the key factors that restrain the overall industry growth during forecast period.
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Mobile Health industry is segmented into connected devices industry (Blood Pressure Monitor, Glucose Meter, Pulse Oximeter) and applications industry (Chronic care management, health and fitness, Weight Loss, Women's Health, Personal Health record and Medication). Based on services, industry can be further segmented into Remote Monitoring, Consultation, fitness and wellness and Prevention. Remote monitoring industry accounted for highest revenue but fitness and wellness segment is expected to grow significantly with the highest CAGR during forecast period. Based on geography, global industry can be analyzed under various regions namely North America, Asia Pacific, Europe, Latin America and Middle east and Africa. North America dominated the mobile health industry followed by Europe and Asia Pacific. Asia pacific and Latin America regions are expected to have significant growth during forecast period.
Major players in this industry are Cardionet.inc, I health lab.inc, Medtronic.inc, Philips healthcare, QUALCOMM life, Samsung electronics co ltd, Vodafone.
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Key Points from Table of Contents
Overview
• Executive Summary
• Key Inferences
• New Developments
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Industry: Segmentation
• Connected Devices
o Blood Pressure Monitor
o Glucose Meter
o Pulse Oximeter
o Y-o-Y Growth Analysis, By Connected Devices
o Industry Attractiveness Analysis, By Connected Devices
o Industry Share Analysis, By Connected Devices
• Services
o Remote Monitoring
o Consultation
o Prevention
o Y-o-Y Growth Analysis, By Services
o Industry Attractiveness Analysis, By Services
o Industry Share Analysis, By Services
• Applications
o Weight Loss
o Women's Health
o Personal Health Record
o Medication
o Other Applications
o Y-o-Y Growth Analysis, By Application
o Industry Attractiveness Analysis, By Application
o Industry Share Analysis, By Application
Geographical Analysis
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa
Strategic Analysis
• PESTLE analysis
• Porter’s Five analysis
Industry Leaders' Analysis
Competitive Landscape
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