Mobile Health Market to reach USD 249.3 billion by 2025 | Top Companies include Cardionet, Ihealth Lab, Medtronic, Philips Healthcare, BioTelemetry, OMRON Corporation, LifeWatch AG, Apple, Qualcomm

Global Mobile Health Market valued approximately USD 24.7 billion in 2017 is anticipated to grow with a healthy growth rate of more than 33.5 % over the forecast period 2018-2025. Supportive regulatory impositions specific to feasibility and quality of mobile-based medical devices along with the rising awareness has had a positive impact on the market. Additionally, growing focus on patient-centric healthcare services is considered as a key trend for the mobile health market globally.

Key driving factors for the mobile health market are growing use of smartphones and tablets along with the growing focus on personalized medicines. According to the Consumer Technology Association's in June 2018, the association has conducted a study on consumer technology ownership.

Top Companies Covered in this Report:
Cardionet Inc , Ihealth Lab Inc , Medtronic Inc , Philips Healthcare , BioTelemetry Inc. , OMRON Corporation , LifeWatch AG , Apple Inc , Qualcomm , Samsung Electronics Co. Ltd

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The study reveals that smartphone penetration stood about 87% of homes in the United States. Similarly, as per the report published by the Wireless Smartphone Strategies (WSS) Services, smartphone penetration rate of population rate reached to 44% in 2017 from 39% in 2016 globally. As mobile devices offer various advantages for healthcare professionals to support improved patient outcomes and better clinical decision-making. Furthermore, increasing demand of point of care treatment and diagnosis is expected to create lucrative growth prospects for the market. However, data security and privacy concerns are expected to hinder the market growth during the forecast period.

On the basis of segmentation, the mobile health market is segmented into devices, services and application. The device segment is classified into blood glucose meters, pulse oximetry, BP monitors, apnea and sleep monitors, neurological monitoring devices, wearable fitness sensor device & heart rate meters and others. The service segment is bifurcated into monitoring services, diagnosis services, prevention, treatment, wellness and healthcare system strengthening solutions and monitoring services of which monitoring services is anticipated to grow at a high CAGR owing to the growing need for management of chronic diseases along with post-acute care management.

The application segment is classified into cardiovascular diseases, respiratory diseases, diabetes, neurological diseases and others. The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years.

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Mobile Health Market Size
2.2 Mobile Health Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Mobile Health Market Size by Manufacturers
3.2 Mobile Health Key Players Head office and Area Served
3.3 Key Players Mobile Health Product/Solution/Service
3.4 Date of Enter into Mobile Health Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Mobile Health Sales by Product
4.2 Global Mobile Health Revenue by Product
4.3 Mobile Health Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Mobile Health Breakdown Data by End User

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This release was published on openPR.