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Mobile Health (mHealth) Technologies Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024
Mobile Health (mHealth) Technologies Market
Global mobile health (mHealth) technologies market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over the 2018 to 2024
Market Outline: Global Mobile Health (mHealth) Technologies Market
Mobile health (mHealth) is a branch of eHealth, defined as the use of modern communication and information technologies to meet the needs of patients, citizens, healthcare professionals and providers, and policy makers. mHealth technologies enables improve the healthcare quality, and provide healthcare services to billions of people. mHealth technology collects the clinical health data and transfer the data to practitioners and researchers.
Market Dynamics: Global Mobile Health (mHealth) Technologies Market
Technological advancements in the mHealth technologies drives the global mobile health (mHealth) technologies market. Moreover, shift towards the digitalization in healthcare industry, increase in the clinical trial programs by the pharmaceuticals industries, increase in the usage of mHealth by government organizations such as WHO, advantages with mHealth technology such as reduce complications in chronic conditions, and innovation of advanced devices are anticipated to fuel the mobile health (mHealth) technologies market over the forecast years. However, high cost of technology, security problems in data storage, and poor penetration of mHealth technology in underdeveloped countries are expected to hamper the mobile health (mHealth) technologies market.
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Market Scope: Global Mobile Health (mHealth) Technologies Market
Global mobile health (mHealth) technologies market is segmented based on provider, therapeutic area, and application
Based on the provider, the market is segmented into the following:
• Software
• Hardware
• Services
Based on the therapeutic area, the market is segmented into the following:
• Cardiovascular Disorders
• Metabolic Disorders
• Respiratory Diseases
• Neurological Diseases
• Others
Based on the end user, the market is segmented into the following:
• Hospitals and Clinics
• Government Organizations
• Pharmaceutical Industries and CROs
• Others
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Regional Analysis: Global Mobile Health (mHealth) Technologies Market
Geographically, global mobile health (mHealth) technologies market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America mobile health (mHealth) technologies market is anticipated to expand at significant growth rate owing to technological advancements in the mHealth technology, presence of huge number of healthcare insurance providers, and high disposable income. Europe mobile health (mHealth) technologies market has lucrative growth attributed to adoption of newer technologies in developed countries such as Germany, UK, and France, rise in focus on the public health by government organization, and novel device developments are expected to bolster the market. However, Asia Pacific mobile health (mHealth) technologies market is witnessed to grow due to increase in the prevalence of diabetes and cardiovascular diseases in India and China, rise in number of clinical trials programs, and entry of service providers into emerging countries are expected to fuel the market.
Competition Assessment: Global Mobile Health (mHealth) Technologies Market
Some of the players in the global mobile health (mHealth) technologies market include:
• Samsung Electronics Co. Ltd. (South Korea)
• Verizon Communications (U.S.)
• Companion Medical Inc. (U.S.)
• Bharti Airtel (India)
• Agamatrix (U.S.)
• Emperra GmbH E-Health Technologies (Germany)
• Apple Inc. (U.S.)
• Validic Inc. (U.S.)
• Propeller Health (U.S.)
• ZTE Corporation (China)
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Notable Market Developments: Mobile Health (mHealth) Technologies Market
• In March 2016, ZTE Corporation launched its mHealth product that utilizes the IoT technology to improve the healthcare and medical services
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