Mobile Health Market will cross US$ 60 Billion by the end of 2020

Posted July 4, 2016 by wamy156

Global mobile health (mHealth) market is estimated to reach $60 billion by the end of 2020 at a CAGR of 33% till 2020.

New York, July 04: Market Research Engine has published a new report titled as “mHealth Services (Prevention, Monitoring, Diagnostic, Treatment, Information and reference, Wellness, and Healthcare strengthening services) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”

The era of mHealth is eHealth which means electronic health which is health care services through mobile technologies such as mobile phones. To generate data on an individual’s biology, physiology, as well as the daily environment, mHealth uses wireless and mobile technologies. There are increasing incidences of chronic diseases such as heart ailments, diabetes, and cancer is expected to boost demand. 3G & 4G LTE networks enable services such as video calling & high-speed data transfer which further helps in the fast delivery of telemedicine services.The services are provided in a two way as well as one way mode which is dependent on the data access programs.

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Global mobile health (mHealth) market is estimated to reach $60 billion by the end of 2020 at a CAGR of 33% till 2020.

The major driving factors of mHealth services market are as follows:

• The number of active subscribers is increasing and the coverage of mobile networks is growing.
• This in turn increases the demand for smart devices.
• There is increase in the occurrence of the lifestyle diseases such as diabetes and obesity fueling to the growth of the market.
• There is an increase in the cost of medical services and complexity.
• Although the per capita income is increasing but there is no increase in the quality of medical services.
• There is an increase in the inclination towards preventive care.
• Portability, ease of use, automation and customization

The restraints factors of mobile health market are as follows:

• Lower accuracy and the nascence of technologies especially in developing and under-developed regions.

The mHealth services market is segmented based on Equipment as Blood Glucose Meters, BP monitors, Pulse Oximeters, Neurological Monitoring, Cardiac Monitors, Apnea & Sleep Monitor, Wearable fitness sensor device and Heart Rate Meters, Others. The mHealth services market is segmented based on service as Wellness Services Market, Prevention Services Market, Treatment Services Market, Diagnosis Service Market, Monitoring Services Market, and Healthcare Systems Strengthening Solutions Market. The mHealth market is segmented based on Stakeholders as Mobile Operators, Device Vendors, Healthcare Providers, and Application Players. The mHealth market is segmented based on Therapeutic segment as Cardiovascular, Diabetes, Respiratory, Neurology, Others.

The mHealth services market geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:

1) An overview of the global mHealth Market and related technologies.
2) Analyses of global market trends and projections of compound annual growth rates (CAGRs) through 2020.
3) Identifications of new market opportunities and targeted promotional plans for mHealth Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.


The scope of the report includes a detailed study of global and regional markets for various types of mHealth market with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Philips healthcare, Omron HealthCare Inc., Bayer Healthcare, LifeWatch, Cardionet Inc., Masimo Corporation, Sanofie, Boston Scientific, AT&T Inc., and Johnson & Johnson. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Market Segmentation of mHealth Market:

• Blood Glucose Meters
• BP Monitors
• Pulse Oximeters
• Neurological Monitoring
• Cardiac Monitors
• Apnea & Sleep Monitor
• Wearable fitness sensor device and Heart Rate Meters
• Others

• Wellness Services Market
• Prevention Services Market
• Treatment Services Market
• Diagnosis Service Market
• Monitoring Services Market
• Healthcare Systems Strengthening Solutions Market

• Mobile Operators
• Device Vendors
• Healthcare Providers
• Application Players

• Cardiovascular
• Diabetes
• Respiratory
• Neurology
• Others

• North America
• Europe
• Asia Pacific
• Rest of the World

Reasons to buy this Report:

1) Obtain the most up to date information available on all active and planned mHealth Market globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of mHealth Market industry and unit capacity data.
4) Assess your competitor’s refining portfolio and its evolution.

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Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

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Issued By John Bay
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Categories Business , Health , Research
Tags Mobile Health Market , Mobile Health Market research , Mobile Health Market Report
Last Updated July 4, 2016