08-24-2018 03:26 PM CET - Health & Medicine

mHealth Market to Witness Massive Growth by 2025 - Leading Key Players Koninklijke Philips N.V., AT&T, Inc., Vodafone, Apple Inc., Qualcomm Inc., Cerner Corporation, proteous, Perfint Healthcare Pvt. Ltd., Omron Corporation, Nokia Corporation

Press release from: Data Bridge Market Research
mHealth Market: Trends and Forecast to 2025
mHealth Market: Trends and Forecast to 2025
CAGR values are jumping for the good in the mHealth Market which in turn is making the sales, import, export and revenue grow. The report provides with a thorough analysis on what the conditions are for the Healthcare IT industry because of the mHealth Market.

The report is also a detailed analysis on what the market definition, classifications, applications and market trends are along with these it also provides with the market’s drivers and restrains by using the help of SWOT analysis.

The Global mHealth Market is highly dependent on the top players and brands this report provides with detailed company profiles of those players and brands and showing what their moves are when it comes to developments, product launches, joint ventures, merges and accusations, all the while also providing with figures for the forecast years of 2018-2025.

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Market Segmentation: Global mHealth Market

• The global mHealth market is segmented based on product & service and geographical segments.

• Based on product & service, the market is segmented into connected medical devices, mhealth applications and mhealth services.

• The connected medical devices segment is further segmented into mhealth solutions: consumer health devices, clinical devices, peak flowmeters, fetal monitoring devices, multi-parameter trackers, neurological monitoring devices, sleep apnea monitors and other connected medical devices that includes thermometers, coagulation monitors digital skin sensors, and fetal maternity monitors. The clinical devices segment is further sub sub-segmented into vital signs monitoring devices that are classified on the basis of blood pressure monitors, blood glucose meters, ECG monitors/heart rate monitors and pulse oximeters.

• The mHealth applications market segment is further segmented into healthcare applications that are again classified into general health and fitness apps, chronic care management medication management and women’s health apps. The general health and fitness apps is further sub sub-segmented into health-tracking apps, obesity & weight management apps and fitness and nutrition apps. The chronic care management is classified into mental health and behavioral disorder management apps, diabetes management apps, blood pressure & ECG monitoring apps, cancer therapy management apps and other chronic care management apps (respiratory diseases and kidney disorders, infections management apps). The women’s health apps are also further sub sub-segmented into pregnancy apps, fertility apps, breastfeeding apps and other women health apps like apps for activity, sleep, and stress level tracking.

• Based on geography the global mHealth market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

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Market Analysis: Global mHealth Market

The global mHealth market is expected to reach USD 278.12 billion by 2025, from USD 25.66 billion in 2017 growing at a CAGR of 34.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Definition: Global mHealth Market

This market report defines the market trends and forecast the upcoming opportunities and threats of the mHealth market in the next 8 years. mHealth is also called as mobile health. It is a word used for the practice of medicine and public health supported by mobile devices. mHealth is the combination, distribution, and generation of health information through mobiles and wireless devices.It deals with the information which is shared between patients and providers. In the area of mHealth projects are operated to utilize the capability of mobile phones to gather data and transmit it quickly, cheaply, and relatively efficiently. Data that is related to the location and levels of particular diseases such as malaria, HIV/AIDS, TB, Avian Flu can help medical and healthcare systems or ministries of other organizations to identify outbreaks and better target medical resources to regions of greatest needs. During emergencies such projects can be particularly useful, in order to identify where the greatest medical needs are within a country.The mHealth typically focuses on the information to be provided via smartphones. But some of the information can also be fetched via earlier-generation mobile devices that feature only voice and text messaging. Those devices are most communal in the developing world where there is limited but fast-growing Internet connectivity. Some of the real examples of mHealth applications include voice information from a provider and mobile messaging to improve health behaviors, for example prenatal care reminders, notifications and alerts, medication adherence, and this also provides chronic disease self-management. In order to consider the level of policy and health services decision making, it can be seen that the mobile technologies have helped to grow training and service quality of healthcare workers, it has lowered the cost of services by plummeting rigidness, replication and enhance access to reliable data to facilitate decision making.

MEASURE Evaluation is funded by the United States Agency for International Development (USAID) and the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR). The project was funded by the USAID, supports health information systems in developing countries to provide evidence on health system performance and the impact of health services on people’s lives.

Major Market Drivers and Restraints:

• Increasing penetration of smartphones, tablets, and other mobile platforms
• Increasing utilization of connected devices and mhealth apps for the management of chronic diseases
• Cost containment in healthcare delivery
• Robust penetration of 3G and 4G networks for uninterrupted healthcare services
• Rising focus on patient-centric healthcare delivery

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Competitive Analysis: Global mHealth Market

The global mHealth market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mHealth market for global, Europe, North America, Asia Pacific and South America.

Some of the major players operating in the global mHealth market are –

Koninklijke Philips N.V.,
LifeWatch AG,
AT&T, Inc.,
Apple Inc.,
Allscripts Healthcare Solutions,
Qualcomm Inc.,
Samsung Electronics Corporation
Cerner Corporation,
Medtronic PLC,
Doximity, Inc.,
Evolent Health, Inc.,
Perfint Healthcare Pvt. Ltd.,
Zest Health,
Athenahealth, Inc.,
Johnson & Johnson,
Omron Corporation,
Nokia Corporation,
Cisco Systems, Inc.,
Airstrip Technologies,
Biotelemetry, Inc.,
Agamatrix, Inc.,
Ihealth Lab Inc.
Alivecor, Inc.
Among others.

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