mHealth Market Emerging Technology and Innovations by Top Key Leaders – Medtronic, Boston Scientific Corporation, athenahealth, Honeywell Life Care Solutions, Cisco Systems, OMRON Corporation
The mhealth market is estimated to account for US$ 246,820.4 Mn by the end of 2025, escalating at a CAGR of 31.3% during the forecast period from 2018 to 2025, rising from US$ 22,722.1 Mn in 2017.
The increasing acceptance of mobile health expected to propel the growth of the mhealth market in the forecast period. The mobile health is the most advanced and exciting development which is developed to widely distribute the medical information or health data to patients, in a timely manner. The ongoing progression of wireless communications technology with doubtless help bring the mHealth initiatives to maturity in the forecast period. Additionally, the other applications of mhealth including emergency response systems, patient safety systems and health extension services are the emerging trends that help to boost the demand for mhealth services.
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mHealth Market to 2025 – Global Analysis and Forecasts by Services (Remote Monitoring Services, Diagnosis Services, Treatment Services, Health Support Services, Fitness & Wellness Services and Others); Devices (Insulin Pump, BP Monitor, Glucose Monitor, Personal Pulse, Oximeters and Others); and End User (Mobile Operators, Devices Vendors, Health Providers and Others)
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global mHealth Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
The major players operating in the market of mhealth market include LifeWatch, KONINKLIJKE PHILIPS N.V., Medtronic, Boston Scientific Corporation, athenahealth, Inc., Honeywell Life Care Solutions, Cisco Systems, Inc., OMRON Corporation, Masimo, AgaMatrix, Inc. and among others.
mHealth is referred to the practice of medicine and public health supported by mobile devices such as mobile phones, tablets, personal digital assistants and other wireless infrastructure. mHealth allows the education and awareness, remote monitoring, diagnostic and treatment support and other services. The global mhealth market is a mature market which is segmented on the basis of services, devices end user. Based on services, the market is classified as remote monitoring services, diagnosis services, treatment services, health support services, fitness & wellness services and others. By devices, the mhealth market is segmented into insulin pump, BP monitor, glucose monitor, personal pulse oximeters and others. On the basis of end user segment, the market is classified as mobile operators, devices vendors, health providers and others.
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The object of developing mhealth services is to support the long-distance clinical health care, patient & professional health-related education, public health and health administration, the wireless and electronic information and telecommunications technologies are developed. These advanced and innovative technologies known as mhealth that include live video-conferencing, store-and-forward imaging, streaming media, mobile health, terrestrial & wireless communications and the internet.
The report segments the global mHealth market as follows:
Global mHealth Market – By Services
• Remote Monitoring Services
• Diagnosis Services
• Treatment Services
• Health Support Services
• Fitness & Wellness Services
Global mHealth Market – By Devices
• Insulin Pump
• BP Monitor
• Glucose Monitor
• Personal Pulse Oximeters
Global mHealth Market – By End Users
• Mobile Operators
• Devices Vendors
• Health Providers
Global mHealth Market – By Geography
• North America
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South & Central America (SCAM)
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