(PharmaNewsWire.Com, May 12, 2017 ) According to the report Global Mobile Health market, published by Market Data Forecast, the global market is projected to reach USD 62.83 billion by 2021, at a CAGR of 35.65 % from 2016 to 2021.
Mobile health is defined as use of smartphones and other communication technologies to educate user about healthcare. Because of growing health consciousness among people mobile health market is growing at a significant rate.
Many mobile health apps in the market are offering guidance to citizens so that they can remain in a healthy condition and also they have flooded Singapore market. Besides these apps offering everyday wellness advice on lifestyle, diet, sleep patterns and weight some health apps are also venturing into medical care.
The factors impacting the Global Market for Mobile Health market, either positively or negatively are presented in the DROC analysis. Some of the things discussed in the section are healthcare expenditure, rising incidence of life threatening diseases, increase in middle aged population, prevalent use of smart phones globally, technological advances like 3G and 4G, and growing consciousness of personal healthcare management among people.
For granular level understanding the Mobile Health market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.
by Connected Devices • Blood Pressure Monitor • Glucose Meter • Pulse Oximeter
by applications • Weight Loss • Women's Health • health and fitness • Chronic care management • Personal Health Record • Medication
by services • Remote Monitoring • fitness and wellness • Consultation • Prevention
Basedon geography, the report contains a wide array of countries covering all around the globe. Countries like USA, Canada, U.K., Spain, Germany, Italy, India, China, South Africa, Israel and Brazil are identified as the predominant markets for Mobile Health. For more of regional analysis check out the following reports.
• North America Mobile Health market • Europe Mobile Health market • Asia-Pacific Mobile Health market • Latin America Mobile Health market • Middle East and Africa Mobile Health market
Major players in this market are Cardionet.inc, I health lab.inc, Medtronic.inc, Philips healthcare, QUALCOMM life, Samsung electronics co ltd, Vodafone. Sophisticated health app, which is developed by Mundipharma, engages smartphone’s sensors and front-facing camera to track user’s inhaler preparation, head alignment, inhalation and exhalation.
The Mobile Health market study offers the following deliverables:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
• Segment-level analysis on basis of Connected devices, applications, services along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Check out other related studies in the Healthcare IT Segment:
About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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