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mHealth Market by Top Key Industry Players: AT&T, Vodafone, Allscripts Healthcare Solutions, mQure, Apple Inc., Samsung Electronics Corporation, Omron HealthCare Inc., Philips healthcare, Bayer Healthcare, Cardionet Inc., LifeWatch, Masimo Corporation, Bo
North America mHealth market accumulated around 30% of the overall industry share in 2014. The spur in the region can be attributed to flourishing number of live health and pilot projects in the U.S. and Canada. Increasing number of health and wellness apps coupled with rising smartphones adoption among the population is expected to drive the region over the forecast period. Mobile telemedicine is likely to benefit emerging nations through video calls with rural health centres and healthcare professionals. Diagnosis service includes IVR-based services or call centre services along with mobile telemedicine services.Request for an in-depth table of contents for this report @
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mHealth market size was estimated at over USD 4.8 billion in 2015 and it is anticipated to exceed USD 60 billion by 2023 growing at a CAGR of over 30% from 2016 to 2023. Rising awareness regarding preventative medication is expected to drive the industry growth.
Monitoring services are estimated to gain significant industry share with the majority of the revenue impending from the developed nations. Changing consumer preferences owing to increasing demand as well as consumption of data services are likely to positively impact the industry demand. In addition, changing lifestyle accompanied by growing aging population is likely to increase the prevalence of health issues.
Increasing implementation of mobile and wireless technologies helps to generate data base on individual’s daily environment, biology as well as physiology. Growing proliferation of chronic diseases namely diabetes, cancer and heart ailments is expected to fuel the industry demand over the forecast period. Advent on technology such as 3G and 4G LTE network services aids in high speed data transfers and video calling features which further facilitates swift telemedicine service delivery.
The mHealth market can be segmented on the basis of service, connected devices and participants. Based on service the industry can be segregated into diagnosis services, healthcare system strengthening services and monitoring services. Healthcare systems strengthening can be further segmented into emergency response, healthcare practitioners support and healthcare surveillance and administration. On the basis of application the industry can be further segregated as women’s health, weight loss, medication and personal health record.
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Monitoring services can also be segregated as chronic disease management, post acute care services, independent aging solutions along with devices such as body trackers that aids in monitoring vital health signs. On the basis of connected devices it can be segmented as glucose meter, blood pressure monitor and pulse oximeter. Based on participants the industry can be segmented into device vendors, mobile operators, content players and healthcare providers.
Asia Pacific mHealth market size is anticipated to witness significant growth due to increasing rural population. In addition, lack of medical practitioners in the region is likely to open new avenues for profit generation. Developed countries such as Japan, Singapore, South Korea and Australia are anticipated to furnish numerous growth opportunities owing to rising per user expenditure. Emerging nations are likely face challenges due to scarcity of healthcare delivery infrastructure along with lack of skilled professionals during 2016 to 2023.
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Key industry participants occupying major mHealth market share include AT&T, Vodafone, Allscripts Healthcare Solutions, mQure, Apple Inc., Samsung Electronics Corporation, Omron HealthCare Inc., Philips healthcare, Bayer Healthcare, Cardionet Inc., LifeWatch, Masimo Corporation, Boston Scientific, Sanofie, and Qualcomm Inc.
Market share calculation in this report is not done based on companies covered in it. The calculation of mHealth Market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Browse Related Report:
Mobile Virtual Network Operator (MVNO) Market Size By Business Model (Full MVNO, Light MVNO, Service Provider, Branded Reseller), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, Belgium, Netherlands, China, Japan, South Korea, India, Taiwan, Malaysia, Singapore, Australia, Brazil, Mexico, Colombia, Chile, Argentina, Saudi Arabia, UAE, Qatar, South Africa, Nigeria, Kenya), Growth Potential, Competitive Market Share & Forecast, 2018 – 2024
https://www.marketwatch.com/press-release/mvno-market-in-china-to-witness-16-gains-to-2024-2018-09-10
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