~53.8% of CAGR mHealth Applications Market 2018 | Historical Analysis, Leading Growth Drivers, Emerging Audience, Segments, Sales, Profits & Analysis | Middle East and Africa Forecast to 2023

The, MHealth Applications Market inquire about report is developing with the quick pace; chiefly due the prospering Healthcare Sector. As per a current report distributed by the Market Research Future, The MHealth Applications Industry Research report is blasting and anticipated that would pick up unmistakable quality over the conjecture time frame. The Market is anticipated to exhibit a colossal development by 2022, outperforming its past development records as far as esteem and volume.

You can get easy access to sample report here, please click: https://www.marketresearchfuture.com/sample_request/3195 .

While considering the segments, monitoring application is holding largest market share that is about 53.8% in 2016.

Regional Analysis of Global mHealth applications Market:
Europe holds the largest market share by value of 31.7% in 2016. Europe is led by Germany, France and the U.K. However the Scandinavian nations such as Norway, Finland and Iceland are expected to be the fastest growing.

Asia-Pacific takes the runner up position and is expected to be the fastest growing market with a CAGR of 33.7% during the forecast period of 2017-2023. Asia Pacific regions are led by Japan, China, India and others. Asia Pacific region is followed by North America which is expected to generate USD 28762.1 million by the end of forecast period of 2023. U.S. comfortably dominates the North America region. Middle East and Africa (ME&A) accounts for the remaining USD 1334.9 market value in 2016 and is anticipated to generate moderate growth during the forecast period.

Key Players for Global mHealth applications Market:
Honeywell International Inc., Allscripts, Vivify Health,Apple Inc., Agamatrix, Inc., Medtronic, MiniMed, Inc., iHealth Labs Inc.

Market Scenario of Global mHealth applications Market:
mHealth or mobile health, is the application of mobile technology in the practice of healthcare. The global mHealth applications market is expected to generate USD 100.2 billion by the end of forecast period of 2023.

Industry News and Trends:
January, 2018 – The sluggish growth in the hardware markets has forced companies to generate revenues from leveraging their preexisting platforms and systems. For example, Apple launched a Health App which integrates EMR Data from 12 national health systems on iPads and iPhones.

Collaboration with large healthcare players and hospitals is another strategy that has been pursued significantly. For example, Apple partnered with 12 large healthcare hospitals such as Johns Hopkins Medicine, UNC Health Care, Dignity Health and others for its mhealth app.

Many public health systems have also used the telemedicine and mhealth app which is a very lucrative market as can be seen from the following examples,

February, 2018 – Wyoming’s Department of Health launched mHealth app designed to connect families within the state with appropriate healthcare resources.

December, 2017 – Texas healthcare department launched mHealth app to connect patients with psychiatrists.

Thus collaboration with state healthcare systems is another attractive proposition which needs to be explored.

Market Dynamics of Global mHealth applications Market:
Drivers:
The need for greater efficiency and cost effective healthcare are the critical drivers of the market. Mobile technology affords reduced manual intervention, faster information collection, access and elimination of errors. It has eliminated the need for manual paper work and made remote access of information possible. Better information management makes possible better analysis and informed decision making resulting in better performance and returns on investment. Real-time monitoring of patient health parameters and direct provision of healthcare via mobile telemedicine are added advantages. Growing adoption of mobile devices and technological advances such as miniaturization has resulted in more developed market. Another development is the falling divide for smartphone ownership between developing and developed economies. Smartphone ownership rates in emerging and developing nations climbed from a median of 21% in 2013 to an eye watering 37% in 2015.

Growing stringency of government regulations regarding information storage, inaccessibility of healthcare in difficult areas and concerns over the burgeoning healthcare costs are added drivers of the market.

Restraints:
Lack of awareness, poor connectivity, and scarcity of trained manpower are critical restraints of the market. Concerns over information security, high maintenance and installation costs are other factors hindering the market.

Segments of Global mHealth applications Market:
Type – monitoring applications, diagnosis & treatment, education & awareness, healthcare management, wellness & prevention, and others. Monitoring application are expected to hold the largest market share of 53.8% in 2016.

Any query or specific requirement? Ask to our industry expert, please click: https://www.marketresearchfuture.com/enquiry/3195 .

What makes our report unique?
1) An extensive research study on the Global MHealth Applications market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the MHealth Applications market.

2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.

3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.

BRIEF TOC:
CHAPTER 1. REPORT PROLOGUE
CHAPTER 2. INTRODUCTION
2.1 Scope Of Study

2.2 Research Objective

2.3 Assumptions & Limitations

2.3.1 Assumptions

2.3.2 Limitations

CHAPTER 3. RESEARCH METHODOLOGY
3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

CHAPTER 4. MARKET DYNAMICS
4.1 Introduction

4.2 Drivers

4.2.1 Innovation And Rapidly Changing Technology

4.2.2 Adoption And Involvement Of Patient

4.2.3 Cost Effectiveness And Convenience

4.2.4 Increasing Prevalence Of Lifestyle Diseases

4.3 Restraints

4.3.1 Security And Confidentiality Of Data

4.3.2 Resistance To Change

4.3.3 Market Volatility

4.4 Opportunities

4.4.1 Emerging Economies

4.4.2 Partnership As An Entry Strategy

4.5 Challenges

4.5.1 Lack Of Knowledge And Language Barriers In Low-And Middle-Income Countries (LMICS)

CHAPTER 5. MARKET FACTOR ANALYSIS
5.1 Porters Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants

5.1.4 Threat Of Substitutes

5.1.5 Intensity Of Rivalry

5.2 Value Chain Analysis

5.2.1 MHealth Device Manufacturers

5.2.2 App And Software Providers

5.2.3 Network Providers/ Mobile Operators

5.2.4 Healthcare Providers / Medical Professional

5.2.5 Patients

…CONTINUED For TOC

Feel free to get in touch for discounts and customized details: https://www.marketresearchfuture.com/check-discount/3195 .

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: salesteam@marketresearchfuture.com

This release was published on openPR.