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mHealth Market: combination of healthcare and technology for efficient healthcare system and good business model.

04-25-2016 11:39 AM CET | IT, New Media & Software

Press release from: MarketIntelReports

Marketintelreports

Marketintelreports

mHealth refers to the usage of mobile communication technology & devices to enhance access to healthcare information improve distribution of routine and emergency health services and provide diagnostic services. As healthcare providers seek to maximize their patient outreach while minimizing costs, many view mobile healthcare (or mHealth) as the solution to improve healthcare cost–efficiency. This has given rise to mHealth Market.

Mobile network operators also view mHealth Market as a lucrative opportunity for the monetization of their mobile connectivity services as a growing proportion of their subscribers adopt healthcare centric wearables. Given that most operators have established themselves as reputable consumer brands, they are also eyeing on opportunities to offer services beyond simple connectivity. Many operators already offer branded or co-branded end-to-end mHealth solutions to their customer bases.

In addition, mHealth Market offers a multitude to opportunities to the pharmaceutical industry ranging from R&D activities to securing the supply chain and, in the battle against counterfeit drugs.

The mHealth research report estimates further growth at a CAGR of 40% over the next 5 years despite barriers relating to regulation, patient acceptance and privacy concerns.

In mHealth Market the wearable device consists of applications such as Health and Wellness Monitoring, Disease Surveillance/Remote Monitoring, Diagnostic Tools and Technical Logistics. Pharmaceutical Applications of this market are Safety Data Collection, Consumer Education, Medical Education, Post–Market Monitoring, Drug Authentication, Social Media and Patient Compliance & Retention for Clinical Trials. In a bid to reduce error rates and enhance patient monitoring, pharmaceutical companies are increasingly incorporating smartphone and tablet based monitoring apps in their clinical trials.

The mHealth Market geographically represented the regions as Asia Pacific, Eastern Europe, Latin & Central America, Middle East & Africa, North America and Western Europe.

Some of the key players in the mHealth Market are as follows:
• AT&T
• Cisco systems
• Emotiv Systems
• HP
• Honeywell Life care solutions

The mHealth Market has the potential to dramatically reduce the costs of healthcare operations, while improving the quality of healthcare. In order to gain valuable insights from the data generated by these devices, healthcare providers and other stakeholders are increasingly investing in Big Data and analytics technology.

Check report with complete TOC @ http://www.marketintelreports.com/report/snst0101/the-mhealth-mobile-healthcare-ecosystem-2015--2030--opportunities-challenges-strategies--forecasts

Avail Sample Brochure of the report @ http://www.marketintelreports.com/pdfdownload.php?id=snst0101

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