(PharmaNewsWire.Com, July 13, 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 35.65% from 2016 to 2021.
Mobile health developed majorly because of development of smartphones and wireless technologies. Mobile health features use of technologies like Patient Monitoring devices, telecare devices, microcomputers, Data collection software, smartphones and its apps and wireless enabled laptops for monitoring health. Health care providers use Mobile health technology for checking a person’s vital signs or level of injury, chatting with specialists for guidelines, accessing clinical information, collaborating with care teams, Real time monitoring of patient, providing health care remotely called telemedicine. Patients use Mobile Health to track their personal health records through apps and communicate with their care providers.
Global Mobile Health Market: Drivers & Restraints This market is mainly driven by the need to reduce healthcare expenditure, rising incidence of chronic diseases, increase of aging population, widespread use of Mobile Smartphones globally, prospect of personal healthcare management, Technological advances like 3G and 4G, need for cost efficient healthcare delivery and increased awareness among people about personal healthcare management. However, the risk of data theft, stringent regulations by FDA and EU, lack of proper guidance from physicians in selecting apps and resistance from traditional healthcare providers in developing countries are some of the key factors that restrain the overall market growth during forecast period.
Global Mobile Health Market: Segmentation By Connected Devices • Introduction • Blood Pressure Monitor • Glucose Meter • Pulse Oximeter • Y-o-Y Growth Analysis, By Connected Devices • Market Attractiveness Analysis, By Connected Devices • Market Share Analysis, By Connected Devices By Services • Introduction • Remote Monitoring • Consultation • Prevention • Y-o-Y Growth Analysis, By Services • Market Attractiveness Analysis, By Services • Market Share Analysis, By Services By Applications • Introduction • Weight Loss • Women's Health • Personal Health Record • Medication • Other Applications • Y-o-Y Growth Analysis, By Application • Market Attractiveness Analysis, By Application • Market Share Analysis, By Application
Global Mobile Health Market: Overview Mobile Health means use of phones and other technologies in healthcare. The global mobile health market is expected to witness exponential growth during the forecast period.
Global Mobile Health Market: Region-wise Outlook On the basis of geographical analysis, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. The Clinical Data Analytics market is expected to be dominated by North America, with the overall market share of over 55% globally, followed by Europe and Asia Pacific. Asia Pacific is expected to show higher potential in the years to come.
Key Questions Answered • What is the industry growth forecast from 2016 to 2021? • What is the current and future Mobile Health Market outlook worldwide? What trends are affecting the Global market? • What is the competitive landscape and market share of major players in the Mobile Health space globally? • What are the technology & innovation trends, how will they evolve by 2021 ? • What are the key, high growth markets that Mobile Health manufacturers should expand into? Which market segments are growing the fastest? • What are the unmet needs with the Mobile Health currently on the market? How will emerging technologies fulfil these unmet needs? • What is physician perception and market outlook of Mobile Health? • What are the challenges and barriers that have hindered widespread adoption of Mobile Health?
Global Mobile Health Market: Key Players Some of the major players dominating the Clinical Data Analytics market are IBM, CareEvolution, Caradigm, Explorys, Cerner, Intersystems, Athenahealth, Truven Health Analytics, Wellcentive, McKesson. The report initializes through the standard industry overview, in which the global mobile health market is broken down using a number of major rudimentary factors. These include product specifications and industry definitions, product classifications, industry chain structures, generalized applications, and a region-based industry overview. These sections of data are backed by an analysis of today’s policies still applicable to the global mobile health market, in addition to the news pieces about top factors that are influencing the market’s direction.
Developing market such as Asia Pacific is expected to have faster growth rate of 34.2% during 2013 ‐ 2020 mainly due to large portion of untapped population, poor healthcare delivery infrastructure, rising incidences of chronic diseases as well as managing initially prevalent communicable diseases. Furthermore, countries such as India, Vietnam, Indonesia are in its transition phase wherein have to handle burden of rise in non-communication diseases in relation to communication diseases. Hence, in such situation mHealth can become an important tool in handling these challenges.
Reasons to buy Global Mobile Health Market Report: • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering • Segment-level analysis on basis of product type, application, colour 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 affect the 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
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 information, kindly visit, www.marketdataforecast.com.
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