MHealth (Mobile Health) Market is expected to reach USD 109.1 billion by 2022, at a CAGR of 32.9%

According to the report, “Global mHealth Market Report By Services (Patient’s Solution Services and Healthcare Strengthening Systems), Applications (General Wellness & Fitness tools, Disease Management, Medical Records, and Remote monitoring), End-Users (Public/Private Healthcare Institutions, Physicians, Healthcare Workers and Individuals) and By Geography (North America, Europe, Asia Pacific & Rest Of The World) Report Forecast - 2014 to 2022”, the market for mHealth is expected to witness impressive growth.

The global mHealth market report focuses on the key driving and restraining factors for this market to offer accurate information about the growth trends and revenue forecasts. It also provides in-depth analysis of the market share, geographic regions, and detailed segmentation.

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According to the mHealth market report, the global market is set to witness impressive growth during the forecast period. The increasing aging population is one of the major driving factors for this market. The report suggests that growth in smartphone penetration around the world is also expected to be a major driving factor for this market. The rise in the instances of chronic diseases and advancing technologies are also some of the significant driving factors for this market. According to the report, growth in the research and development activities from the top market players and increased investments across the emerging market segments are also expected to create business opportunities in this market on the global scale.

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The report segments the global mHealth market by the types of applications, services, and the major geographic regions. The main application segments in the market include disease management, general wellness and fitness tools, remote monitoring, medical records, and such other applications. The service segment of the market is sub-segmented into healthcare strengthening systems and patients’ solution services. Both these segmented are sub-categorized further for a granular understanding of the industry trends. The major geographic segments in the market include Europe, Asia-Pacific, North America and the rest of the world. According to the mHealth market share analysis, North America is set to dominate the global market. Asia-Pacific region is expected to emerge as the strongest-growing segment in the market.

The key players highlighted in this mHealth market report include AT&T, Inc., Cerner Corporation, Apple, Inc., Alcatel-lucent, Diversinet Corp. (IMS Health), Airstrip Technologies, Inc., Koninklijke Philips N.V., Symantec Corporation, SoftServe, Inc., Vodafone Group, Plc., and such others.

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