M-Health Device Market Opportunities and Analysis of Top Key Player Forecasts To 2023

The Global M-Health Device market is expected to grow with CAGR of 35.03% during the period 2017 to 2023.
M-Health Device market refers to the use of mobile communications, such as personal digital assistant (PDAs), laptops, and mobile phones among others, for health services and information. M-Health is a process of enabling various e-health data content and services to users, by using wireless technologies such as WiMax, Bluetooth, GSM/GPRS/3G, and WiFi among others. These data contents and services are accessed by the health providers, consumers (patients), and other related users through devices such as mobile phones, smart phones, PDAs, laptops, and tablet PCs (personal computers).
The M-Health Devices market expected to reach US$ 4757.2 million by 2023 and is expected to grow at a CAGR of 35.03% during the forecast period 2017-2023.
In the coming years, it is expected that the global M-health device market will advance with higher growth rate as compared to previous years. Its ease of access by both patients and physicians has fuelled the growth of the market for M-health device market.
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The major Vendors of this market are Allscripts, Apple Inc., GE Healthcare, Athenahealth, Cerner, Koninklijke and Medtronics and others.
Global M-Health Device Market has been segmented on the basis of types which comprises of medical devices, health and fitness devices and other devices. On the basis of application which comprises of monitoring application, treatment and diagnostics, education and awareness, healthcare management, wellness and prevention and others.
Regional Analysis:
The global M-health device market is growing steadily. The M-health device market is growing with the CAGR of 35.03% during the forecast period from 2017-2023. North America accounts for largest market share in 2016 and is expected to reach USD 16,443.4 million by 2023. This is attributed to the factors such as the increasing adoption of smartphones, PDAs and wearable devices among others. Europe is the second largest market which is growing at a CAGR of 35.38% from 2017-2023. Asia-Pacific region is the fastest growing market for M-health device, which is expected to grow at a CAGR of 35.71 % during the forecast period from 2017 to 2023. The reason attributed to this rise is the increasing demand of mobile apps for cardiovascular diseases and monitoring and diagnosis devices that help patients and healthcare workers in prevention and post-acute care of severe health conditions.
TABLE OF CONTENTS
1 REPORT PROLOGUE
2 INTRODUCTION
2.1 SCOPE OF STUDY
2.2 RESEARCH OBJECTIVE
2.3 ASSUMPTIONS & LIMITATIONS
2.3.1 ASSUMPTIONS
2.3.2 LIMITATIONS
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 PRIMARY RESEARCH
3.2 SECONDARY RESEARCH
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 PATIENTS INVOLVEMENT IN PERSONAL HEALTHCARE
4.2.2 INTRODUCTION OF CONNECTED HEALTHCARE SOLUTIONS IN THE M-HEALTH MARKET
4.2.3 BENEFITS OF COST EFFECTIVENESS AND PATIENTS’ CONVENIENCE
4.2.4 INCREASE IN LIFESTYLE DISEASE
4.3 RESTRAINTS
4.3.1 INCREASING PRIVACY AND CYBERCRIMES
4.3.2 LACK OF AWARENESS ABOUT THE POSSIBLE APPLICATIONS OF M-HEALTH
4.3.3 RELUCTANCE TO SHARE INFORMATION REGARDING THE HEALTH
4.4 OPPORTUNITIES
4.4.1 COMPANIES ADOPTING PARTNERSHIP STRATEGY
4.4.2 INTRODUCTION OF MHEALTH IN DEVELOPING ECONOMIES
4.5 CHALLENGES
4.5.1 STRINGENT REGULATIONS AND STANDARDS
4.5.2 LOW RATE OF LITERACY AND LANGUAGE BARRIERS IN LOW- AND MIDDLE-INCOME COUNTRIES (LMICS)
5 MARKET FACTOR ANALYSIS
….Continued
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