Press release
mhealth Market: World Key Vendor Profile - Agamatrix, Alivecor, Apple, Athenahealth , AT&T, GE Healthcare, Google , Jawbone , Johnson & Johnson, Philips Healthcare
The Global mHealth Market Research Report provides detailed analysis of the key regional market status of the mHealth Industry.mHealth Market Information, By Therapeutics(respiratory, mental and neurological disorders, fitness & lifestyle) By Application(monitoring, diagnosis & treatment, wellness & prevention) - Forecast to 2022
Market Scenario:
The global mHealth market is one of the fastest growing industries, owing to the changing dynamics of the legal and regulatory workflow and the intense competitive rivalry among large number of public companies. Mobile health (mHealth) is also one of the most modernized trends in the healthcare industry that has shown tremendous progress in the last few years. This trend is observed due to the increasing growth of personal health devices, which can be easily worn or used with a smartphone or tablet. The various factors that influence the growth of mHealth market are patient’s involvement in personal healthcare, implementation of smartphones and wearable devices into healthcare industry, integration of wireless technologies with healthcare devices that are portable, benefits of Cost effectiveness and patients’ convenience and Increase in lifestyle diseases.
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Globally the market for mHealth is expected to grow at 36.5% CAGR (2016-2022).
Key Players for mHealth Market:
Agamatrix, INC, Alivecor, INC, Apple, INC, Athenahealth INC, AT&T, INC, Biotelemetry INC. (CARDIONET), GE Healthcare, Google INC, Jawbone INC, Johnson & Johnson, Laboratory Corporation of America Holdings, Philips Healthcare and others.
Key Finding
The mHealth global market is expected to reach $ 21.71Billion by 2022.
Americas holds the largest market share of 34% of mHealth market globally.
Europe market is expected to grow at a CAGR of 35.65%.
Monitoring application segment hold 61.8% market share of global mHealth market by application.
Segments: mHealth market has been segmented on the basis of therapeutics which comprises of diabetes, respiratory, mental and neurological disorders, fitness & lifestyle therapeutics and others. Whereas on the basis of application the market is segmented into monitoring applications, diagnosis & treatment, education and awareness, healthcare management, wellness & prevention, remote data collection
Study Objectives of the Market:
To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the mHealth market
To provide insights about factors affecting the market growth
To analyze the market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
To provide forecast revenue of the market segments and sub-segments with respect to the main geography and various regions globally.
To provide regional level analysis of the market with respect to the current market size and future prospective
To provide regional level analysis of the market for segments by therapeutics, by application and its sub-segments.
To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global mHealth market.
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Regional Analysis of mHealth Market:
Globally Americas is the largest market for mHealth market. The large size of the market can be attributed due to increasing digital advancement in medical technology. Asia-Pacific is the second-largest for mHealth market. Europe mHealth market is expected to grow with a steady pace.
North America
US
Canada
Europe
Germany
France
Italy
Spain
UK
Rest of Europe
Asia
China
India
Japan
South Korea
Rest of Asia
Pacific
Latin America, Middle East & Africa
TABLE OF CONTENTS
1 Report Scope
1.1 SCOPE OF THE STUDY
1.1.1 MOBILE HEALTH (MHEALTH): REPORT COVERAGE
1.1.2 XX RESEARCH METHODOLOGY
1.1.3 RESEARCH METHODOLOGY FOR THE GLOBAL MARKET STUDY
1.1.3.1 Geographical Analysis
1.1.3.2 Demand Side & Supply Side Analysis
1.1.3.3 Data Synthesis & Bridging
1.1.4 GLOBAL MOBILE HEALTH (MHEALTH): RESEARCH METHODOLOGY
1.1.5 KEY DATA POINT SOURCES
1.1.5.1 Data Points Taken From Secondary Sources
1.1.5.2 Data Points Taken From Primary Sources
1.1.6 REPORT DESCRIPTION
3 Market Overview
3.1 INTRODUCTION
3.2 MARKET DYNAMICS
3.2.1 MARKET DRIVERS
3.2.1.1 Patients Involvement In Personal Healthcare
3.2.1.2 Proliferation Of Smartphones And Wearable Devices Into Healthcare
3.2.1.3 Integration Of Wireless Technologies With Portable Healthcare Devices
3.2.1.4 Introduction Of Connected Healthcare Solutions In The MHealth Market
3.2.1.5 Benefits Of Cost Effectiveness And Patients’ Convenience
3.2.1.6 Increase In Lifestyle Disease
3.2.2 MARKET CHALLENGES
3.2.2.1 Low Rate Of Literacy And Language Barriers In Low- And Middle-Income Countries (LMICs)
3.2.2.2 Invasion Of Privacy
3.2.2.2.1 Security Breach Cases
3.2.2.2.2 Potential Risk Of Hardware Or Software Failure
3.2.2.2.3 Stringent Regulations And Standards
3.2.2.2.4 Lack Of Awareness About The Possible Applications Of MHealth
3.2.3 MARKET OPPORTUNITIES
3.2.3.1 Partnership: An Entry Mode
3.2.3.2 Introduction Of MHealth In Developing Economies
4 Industry Dynamics
4.1 MHEALTH MARKET TIMELINE
4.2 VALUE CHAIN OF THE MHEALTH MARKET
4.2.1.1 Device Manufacturers
4.2.1.2 App Developers
4.2.1.3 Network Providers/ Mobile Operators
4.2.1.4 Healthcare Providers And Pharmaceuticals
4.2.1.5 Patients
4.2.1.6 Consortiums, Certification, Regulations, & Standards
4.2.1.6.1 Introduction
4.2.1.6.2 Consortiums
4.2.1.6.3 Alliance/Associations
4.2.1.6.4 Regulatory Bodies
4.2.1.7 Food And Drug Administration (FDA)
4.2.1.8 Medical Device Regulation Act
4.2.1.9 Medical Mobile Application(MMA)
4.2.2 CERTIFICATION
4.2.3 MHEALTH DEVICE: PORTER’S FIVE FORCE ANALYSIS
4.2.4 BARGAINING POWER OF BUYER
4.2.5 BARGAINING POWER OF SUPPLIER
4.2.6 THREAT FROM SUBSTITUTE
4.2.7 THREAT FROM A NEW ENTRANT
4.2.8 INTENSITY OF COMPETITIVE RIVALRY
…Continued
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