Press release
mHealth (Mobile Healthcare) Ecosystem Market Expected To Grow At CAGR of more than 35% over the next three years.
With more than 7 Billion mobile network subscriptions worldwide, the mobile communications sector is rapidly gaining traction from a diverse range of vertical sectors. Healthcare is no exception to this trend.
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As healthcare service providers seek to maximize their patient outreach while minimizing costs, many view mobile healthcare (or mHealth) as the solution to improve healthcare cost–efficiency. mHealth refers to the usage of mobile communications technology and devices to enhance access to healthcare information, improve distribution of routine and emergency health services, and provide diagnostic services.
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Mobile operators also view mHealth as a lucrative opportunity for the monetization of their mobile connectivity services as a growing proportion of their subscribers adopt healthcare centric wearables. Given that most operators have established themselves as reputable consumer brands, they are also eyeing at opportunities to offer services beyond simple connectivity. Many operators already offer branded or co-branded end-to-end mHealth solutions to their customer bases.
In addition, mHealth offers a multitude to opportunities to the pharmaceutical industry ranging from enhanced R&D activities and medication adherence to securing the supply chain and combating counterfeit drugs.
Driven by the thriving ecosystem, SNS Research estimates that the mHealth market will account for over $23 Billion in 2017 alone. Despite barriers relating to regulation, patient acceptance and privacy concerns, SNS Research estimates further growth at a CAGR of more than 35% over the next three years.
The “mHealth (Mobile Healthcare) Ecosystem: 2017 – 2030 – Opportunities, Challenges, Strategies & Forecasts“ report presents an in–depth assessment of the global mHealth market. In addition to covering key market drivers, challenges, future roadmap, value chain analysis, deployment case studies, service/product strategies and strategic recommendations, the report also presents comprehensive forecasts for the mHealth market from 2017 till 2030. The forecasts and historical revenue figures are individually segmented for 5 individual submarkets, 29 use case categories, 5 ecosystem player categories, 6 geographical regions and 34 countries.
The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.
Topics Covered
The report covers the following topics:
The scope and implementation of mHealth across the globe
mHealth technology
Market drivers and key benefits of mHealth
Challenges and inhibitors to the mHealth ecosystem
mHealth standardization and regulatory initiatives
mHealth opportunities, use cases and applications
mHealth deployment case studies
Value chain analysis of the mHealth ecosystem and the recognition of key players in each segment of the value chain
mHealth industry roadmap: 2017 – 2030
Key trends in the mHealth ecosystem; mHealth regulation, security, adoption of cloud based mHealth services, alliances for ecosystem fortification, and the impact of LTE/5G deployments
The role of IoT and wearable technology in the mHealth ecosystem
Profiles and strategies of over 230 leading ecosystem players
Strategic recommendations for mobile operators, enabling technology providers, mHealth device OEMs, application developers, healthcare service providers and pharmaceutical companies
In-depth analysis for 5 individual submarkets and their associated mHealth application use cases:
Pharmaceutical Applications
Medical Information & Healthcare Management
Healthcare & Fitness
Remote Consultation/Diagnostic Services
IoT, Wearable Technology, Sensor & Monitoring Applications
Historical revenue figures and forecasts till 203
Forecast Segmentation
Market forecasts and historical revenue figures are provided for each of the following 5 submarkets and their 23 use case categories:
Pharmaceutical Applications
Safety Data Collection
Consumer Education
Medical Education
Post–Market Monitoring
Drug Authentication
Social Media
Patient Compliance & Retention: Clinical Trials
Information & Healthcare Management
Electronic Health/Medical Records & Tracking Tools
Diagnostic Tools & Medical Reference
Continuing Medical Education
Awareness Through Alerts
Logistical & Payment Support
Healthcare & Fitness
Medical Compliance
Fitness & Nutrition Apps
Clinical Decision Support Systems
Prescribable Mobile Apps
Remote Consultation/Diagnostic Services
Mobile Video Consultations, Collaboration & Surgery
Non-Video Consultations & Collaboration
Remote Collaboration in Emergency Situations
IoT, Wearable Technology, Sensor & Monitoring Applications
Health and Wellness Monitoring
Disease Surveillance/Remote Monitoring
Diagnostic Tools
Technical Logistics
Revenue is also split by ecosystem player:
Ecosystem Player Segmentation
Mobile Operators & Connectivity Providers
Mobile & mHealth Device OEMs
Content & Application Providers
Healthcare Service Providers
Pharmaceutical Industry
The following regional and country markets are also covered:
Regional Markets
Asia Pacific
Eastern Europe
Latin & Central America
Middle East & Africa
North America
Western Europe
Country Markets
Argentina, Australia, Brazil, Canada, China, Czech Republic, Denmark, Finland, France, Germany, India, Indonesia, Israel, Italy, Japan, Malaysia, Mexico, Norway, Pakistan, Philippines, Poland, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Taiwan, Thailand, UAE, UK, USA
Additional forecasts are provided for the following:
IoT connections for mHealth applications
mHealth centric wearable device shipments
Mobile video calling users
Annual throughput of mobile network data traffic
Smartphone, feature phone, tablet, desktop PC and notebook shipments
Mobile network subscriptions by region
Cost saving potential of mHealth by region
Big Data & analytics technology investments in the healthcare sector
Key Questions Answered
The report provides answers to the following key questions:
What are the key market drivers and challenges for mHealth?
What are the key applications of mHealth?
How is the mHealth value chain structured and how will it evolve overtime?
How big is the mHealth market, and how much revenue will it generate in 2020?
What will be the installed base of IoT connections for mHealth applications in 2020?
How many mHealth centric wearable devices will be shipped in 2020?
Which regions, countries and submarkets will see the highest percentage of growth?
Who are the key market players and what are their strategies?
What level of cost savings can mHealth facilitate for healthcare service providers in each region?
What are the key applications of LTE and 5G networks in the mHealth market?
What considerations should be taken into account to devise a successful mHealth strategy for a hospital?
What strategies should mobile operators, enabling technology providers, mHealth device OEMs, healthcare service providers, pharmaceutical companies and application developers adopt to capitalize on the mHealth opportunity?
Key Findings
The report has the following key findings:
Driven by the thriving ecosystem, SNS Research estimates that the mHealth market will account for over $23 Billion in 2017 alone. Despite barriers relating to regulation, patient acceptance and privacy concerns, SNS Research estimates further growth at a CAGR of more than 35% over the next three years.
While the use of mHealth devices and apps is already widespread in clinical trials, pharmaceutical giants are now setting their sights on connected drug delivery platforms that will automatically detect and log patients’ medication use to improve adherence.
SNS Research estimates that mHealth centric wearable devices will account for over 60 Million unit shipments by the end of 2017. In order to gain valuable insights from the data generated by these devices, healthcare service providers and other stakeholders are increasingly investing in Big Data and analytics technology.
mHealth has the potential to dramatically reduce the costs of healthcare operations, while improving the quality of healthcare. SNS Research estimates that by the end of 2017, mHealth could represent up to $370 Billion in annual healthcare cost savings worldwide.
List of Companies Mentioned
270 Vision
3L Labs
3M
4DForce
4iii Innovations
Abbott Laboratories
Accenture
AdhereTech
Adherium
Adidas
AeroScout
Aerotel Medical Systems
Aetna
Agfa Healthcare
Agfa-Gevaert Group
AiRISTA
AirStrip Technologies
Alego Health
AliveCor
AllScripts Healthcare
Alphabet
Altran Group
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