Press release
Global Mhealth Market Reach $217 Billion By 2025; key players are Medtronic plc, Omron Healthcare, Inc., Koninklijke Philips N.V, AliveCor Inc, Nokia Corporation, LifeWatch A, athenahealth Inc, Cerner Corporation, Apple Inc, iHealth Labs Inc, AgaMatrix In
The latest trending report published by Crystal Market Research titled, MHealth Market, approximates that the MHealth market size is estimated to flourish at a significant CAGR in the future, and this is attributed to the escalation in need for this product across the globe along with novel innovations in the market.Key Players in Market:
The Major players operating in the global mHealth market focus on product development and innovations by incorporating new and improved functionalities in them. With consistent advancements in information technology, companies are constantly strengthening their existing product portfolio in order to gain competitive advantage over other players. For instance, in March 2016, Apple, Inc. launched Carekit, a software framework which enables users to keep a track of care plans, and monitor symptoms and medication. Carekit also enables users to share information with family members, nurses, and doctors. Some of the major players operating in the global mHealth market are, Medtronic plc, Omron Healthcare, Inc., Koninklijke Philips N.V, AliveCor, Inc., Nokia Corporation, LifeWatch AG (acquired by BioTelemetry, Inc.), athenahealth, Inc., Cerner Corporation, Apple, Inc., iHealth Labs Inc., AgaMatrix, Inc., AT&T Corp., Nike, Inc., Dexcom, Inc., Fitbit, Inc. and AliphCom dba. Jawbone.
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Mhealth Industry Outlook and Trend Analysis:
Vital signs monitoring segment accounted for the largest share of the mHealth market in 2016 owing to the convenience of monitoring various vital parameters such as pulse rate, blood pressure, blood glucose levels using portable devices. Patients no longer need to visit clinics or hospitals to measure and monitor such parameters. Moreover, easy and timely detection of fluctuations in such important parameters can be effectively observed which can enable early disease diagnosis and treatment.
Within the mHealth apps segment, healthcare apps sub-segment held the major market-share in 2016 as such apps can be installed and used directly by the patients on their smart devices such as tablets and smartphones anytime and anywhere. Due to such convenience offered by these apps, patients are rapidly adopting them resulting in a significant market share for the segment.
Market Classification:
mHealth Market, By Product, Estimates and Forecast, 2016-2025 ($Million)
Vital Signs Monitoring Devices
Blood pressure Monitors
Pulse Oximeters
Blood Glucose Meters
ECG Monitors/Heart rate monitors
Fetal Monitoring Devices
Peak Flow Monitors
Neurological Monitoring Devices
Sleep Apnea Monitors
Multi-parameter Trackers
Consumer Health Devices
mHealth Apps
Healthcare Apps
General Health & Fitness Apps
Obesity & Weight Management Apps
Health Tracking Apps
Fitness & Nutrition Apps
Medication Management Apps
Chronic Care Management Apps
Diabetes Management Apps
Cancer Management Apps
Blood Pressure & ECG Monitoring Apps
Mental Health & Behavioral Disorder Management Apps
Other Chronic Care Management Apps
Personal Health Record Apps
Women’s Health Apps
Fertility Apps
Pregnancy Apps
Breastfeeding Apps
Other Women’s Health Apps
Other Healthcare Apps
Medical Apps for Healthcare Professionals
Continuing Medical Education Apps
Communication & Consulting Apps
Medical Reference Apps
Patient Management & Monitoring Apps
mHealth Market, By Service, Estimates and Forecast, 2016-2025 ($Million)
Remote Monitoring Services
Treatment Services
Fitness & Wellness Services
Diagnosis & Consultation Services
Healthcare System Strengthening Services
Prevention Services
Read Detailed Index of full Research Study at: https://www.crystalmarketresearch.com/report/mhealth-market .
Table of Contents:
Chapter 1, Definition, Specifications and Classification of Mhealth , Applications of Mhealth , Market Segment by Regions;
Chapter 2, Industry Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, Technical Data and Manufacturing Plants Analysis of Mhealth , Capacity and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, Overall Industry Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, Regional Market Analysis that includes United States, China, Europe, Japan, Korea & Taiwan, Mhealth Segment Market Analysis (by Type);
The Latest Research Report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Mhealth market based on product and application. It also provides market size and forecast till 2023 for overall Mhealth market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments.
Company Profiles
7.4.Apple, Inc.
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Key Financials
7.4.4. Strategic Developments
7.5.AliveCor, Inc.
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.6.Nokia Corporation
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Key Financials
7.6.4. Strategic Developments
7.7.LifeWatch AG (acquired by BioTelemetry, Inc.)
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Key Financials
7.7.4. Strategic Developments
7.8.athenahealth, Inc.
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Key Financials
7.8.4. Strategic Developments
…
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Industry driving Factors:
The Major factors driving this market are, increasing penetration of smartphones around the world, increasing adoption of wireless technology oriented devices by the healthcare fraternity and rapid adoption of health related mobile apps by people. With increasing emphasis on devising and delivering patient-centric healthcare by healthcare providers, the mHealth market is slated to witness robust growth in coming years.
Moreover, rapid penetration and advancement of internet connectivity across the world is also expected to boost the market growth during the forecast period. However, factors such as reluctance in adopting this technology by conventional healthcare providers in emerging countries and concerns related to security of patients’ data on mHealth platforms can hamper the growth of global mHealth market during the forecast period.
Also, key Mhealth market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered financial information of last 3 years, key development in past five years.
Future opportunity of Mhealth Market:
The future growth of mHealth market will be dominated by product development and innovations consisting of next-generation mHealth devices having enhanced data management and interpretation capabilities. Consistent additions in product portfolios will ensure competitive advantage for key players in the mHealth market. Strategic expansion in emerging markets is also a key opportunity for market-players to capture new and untapped markets.
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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