Popularity of Remote Patient Monitoring Driving Adoption of Mobile Health Applications

London, UK, August 26, 2011 -- A recently released report by Technavio, specialists in emerging technologies market research, reveals that the Global Mobile Health (mHealth) Applications market is expected to grow at a CAGR of 24 percent.

The report, which covers the Americas as well as the EMEA and APAC regions, indicates that the market is being driven by the growing popularity of remote patient monitoring.

According to Technavio’s industry analyst, “Remote patient monitoring services are generally offered at a premium, enabling mobile operators to acquire significant average revenue per user. Aged patients as well as patients suffering from chronic diseases prefer remote patient monitoring. With the number of such patients expected to rise globally, the mHealth Applications market is also expected to grow.”

The report also highlights that security and accuracy issues are hindering the growth of this market. However, the increase in the number of smartphone users is expected to boost this market. The market is also being driven by support from new legislation.

These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.

Technavio’s report, Global Mobile Health Applications Market 2010–2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market, including Apple Inc., Allscripts Healthcare Solutions Inc., Epocrates Inc., GE Healthcare, and Voxiva Inc.

For further information and to obtain your copy of this report, please visit http://technavio.com/content/global-mobile-health-applications-market-2010-2014. Follow us on Twitter: @technavio for daily updates.

About Technavio

Technavio is the research platform of Infiniti Research.

Infiniti Research provides actionable market, strategic, competitive and customer intelligence to leading companies worldwide. A team of 120 analysts with specialization in different sectors, conduct research in more than 50 countries (including all OECD and extended BRIC countries), and in more than 20 languages (including French, German, Mandarin, Japanese, Korean, Spanish, Portuguese and Hindi).

Technavio reports are based on a robust research model with critical insights from industry experts. Technavio focuses on niche and emerging technologies.

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This release was published on openPR.