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Top Key Players Operating In the mHealth Market 2023 - AliveCor Inc., Medtronic, Johnson & Johnson, athenahealth, iHealth Labs, AgaMatrix

01-08-2019 06:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Top Key Players Operating In the mHealth Market 2023 - AliveCor

Global mHealth market is projected to attain a size of $132.2 billion by 2023. The market is mainly driven by increasing penetration of smartphones, tablets and other mobile platform; increasing utilization of connected medical devices and mHealth application; and increasing healthcare cost. In addition to this growing geriatric population, rising demand for patient monitoring services and rising focus on patient-centric healthcare service also support the growth of the market.

Download report sample at: https://www.psmarketresearch.com/market-analysis/mobile-healthcare-market/report-sample

Based on the offering, the mHealth market has been categorized into connected devices, services, and mHealth apps. The market for mHealth apps is projected to witness fastest growth, at CAGR 38.9% during the forecast period. This is attributed to rising number of smart phone users and increasing mobile health application downloads.

The connected devices category is further bifurcated into blood pressure monitors, blood glucose monitors, ECG monitors, multiparameter monitors, pulse oximeters, sleep apnea monitors, and others. Among these, blood pressure monitors held the largest share of 28.7% in the mHealth connected devices market in 2017. This is attributed to the increasing prevalence of chronic diseases and easy mobility of these devices.

Browse report at: https://www.psmarketresearch.com/market-analysis/mobile-healthcare-market

Geographically, during the historical period, North America held the largest share in the mHealth market, with 37.8% in 2017. This leading position of the regional market is mainly due to the increasing healthcare spending, growing geriatric population, rising prevalence of chronic and lifestyle associated disease and improving consumer accessibility to connected medical devices. Increasing aging population with chronic diseases further add to the demand of remote monitoring devices and different mobile health applications.

Some of the other key players in the mHealth market are Medtronic plc, Koninklijke Philips N.V., OMRON Corporation, Johnson & Johnson, athenahealth Inc., Cisco Systems Inc., iHealth Labs Inc., AliveCor Inc., AgaMatrix Inc., and AirStrip Technologies Inc.

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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