Global Mobile Health Market Set for Rapid Growth, to Reach around USD 249.3 billion by 2025

Global Mobile Health Market to reach USD 249.3 billion by 2025.

Global Mobile Health Market valued approximately USD 24.7 billion in 2017 is anticipated to grow with a healthy growth rate of more than 33.5 % over the forecast period 2018-2025
Ample Market Research published a new report on Global Mobile Health market in its database that provides an in-depth analysis of the key market insights, its future trends, and developments, profiles of leading players, key restraints and drivers, segmentation and forecasting. The report highlights the Global Mobile Health market size and CAGR of the important segments, thus providing quick relevant information about the Global Mobile Health market.

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Supportive regulatory impositions specific to feasibility and quality of mobile-based medical devices along with the rising awareness has had a positive impact on the market. Additionally, growing focus on patient-centric healthcare services is considered as a key trend for the mobile health market globally.

Key driving factors for the mobile health market are growing use of smartphones and tablets along with the growing focus on personalized medicines. According to the Consumer Technology Association’s in June 2018, the association has conducted a study on consumer technology ownership. The study reveals that smartphone penetration stood about 87% of homes in the United States. Similarly, as per the report published by the Wireless Smartphone Strategies (WSS) Services, smartphone penetration rate of population rate reached to 44% in 2017 from 39% in 2016 globally. As mobile devices offer various advantages for healthcare professionals to support improved patient outcomes and better clinical decision-making. Furthermore, increasing demand of point of care treatment and diagnosis is expected to create lucrative growth prospects for the market. However, data security and privacy concerns are expected to hinder the market growth during the forecast period.

Company profiled in this report based on Business overview, financial data, Product landscape, Strategic outlook & analysis:

• Medtronic Inc
• Cardionet Inc
• Ihealth Lab Inc
• Philips Healthcare
• BioTelemetry Inc.
• LifeWatch AG
• OMRON Corporation
• Apple Inc
• Qualcomm
• Samsung Electronics Co. Ltd

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Device:

• Blood glucose meters
• Pulse oximetry
• Apnea and sleep monitors
• BP monitors
• Neurological monitoring devices
• Wearable fitness sensor device & heart rate meters
• Others

By Services:

• Monitoring services
• Wellness and healthcare system strengthening solutions
• Diagnosis services
• Treatment
• Prevention

By Application:

• Cardiovascular diseases
• Diabetes,
• Neurological diseases
• Respiratory diseases
• Others

By Regions:

• North America
• Europe
• Asia Pacific
• AMEA
• Middle East & Africa

Target Audience of the Global Mobile Health Market in Market Study:

• Key Consulting Companies & Advisors
• Large, medium-sized, and small enterprises
• Venture capitalists
• Value-Added Resellers (VARs)
• Third-party knowledge providers
• Investment bankers
• Investors

In this study, the years considered to estimate the market size of Global Mobile Health are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

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