[December 15, 2017] |
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Mobile Health (mHealth) App Market Industry Trends, Opportunities and Forecasts to 2023 - Research and Markets
The "Mobile
Health (mHealth) App Market - Industry Trends, Opportunities and
Forecasts to 2023" report has been added to Research
and Markets' offering.
The global mobile health (mHealth) app market is projected to be valued
at US$28.320 billion in the year 2018 and is expected to reach US$102.35
billion by 2023, growing at a CAGR of 29.30% during the period.
Health-related mobile applications and technologies are often known as
mHealth and manage the patient experiences. These health mobile apps use
sophisticated data analytics and mobile technologies for healthcare
professionals to provide their patients best care possible at low cost
from convenient locations.
Cloud-based solutions are gaining prominence as the data is stored on
the internet for easy access while removing the need for storing the
data on local servers. New mobile applications integrate data related to
the patient with geo-location information stored on the cloud. The
mobile apps facilitate better and easy health management through simple
applications like exercise trackers, diet, and calorie-counting among
others.
Mobile health apps assist medical professionals with management and
documentation of complete records to improve productivity, communicate
findings and allow access to information. The benefit of mobile health
app and solutions are the improvement in health outcomes, reduction of
error rates while reducing the overall healthcare costs. Mobile
solutions can smoothen out treatment process and can automate the
management system.
The major driving factors of the mobile health market are increased
adoption of smartphones, multiple connectivity options such as
Bluetooth, Wi-Fi, and growing penetration of 3G and 4G network in
developing regions. Mobile health apps market is also being positively
impacted due to its cost effectiveness during medical practices and
rising awareness of chronic disease management. However, stringent laws
and regulations of the US Food and Drug Administration and the European
Union regulations regarding data security may restrict the market growth.
Geographically, North America dominates the global mobile health app and
solutions market due to increasing healthcare awareness of chronic
disease management. Asia Pacific region is expected to show high growth
rate over the next five years on account of growth being observed in
China and India. Other key factors contributing to the growth of mobile
health app and solutions market in emerging countries are a large pool
of patients and increase in government funding.
Key industry players profiled as part of this section are Johnson &
Johnson, Omron Corporation Airstrip Technologies (News - Alert), Inc. and Diversinet
Corp. among others.
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Mobile Health Apps and Solutions Market Forecast by App Type
(US$ billion)
6. Global Mobile Health Apps and Solutions Market Forecast by Service
(US$ billion)
7. Global Mobile Health Apps and Solutions Market Forecast by Connected
Medical Device (US$ billion)
8. Global Mobile Health Apps and Solutions Market Forecast by Geography
(US$ billion)
9. Competitive Intelligence
10. Company Profiles
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Johnson & Johnson
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Omron Corporation
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Airstrip Technologies, Inc.
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Diversinet Corp.
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Philips (News - Alert) Healthcare
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Qualcomm
For more information about this report visit https://www.researchandmarkets.com/research/f94dgq/mobile_health?w=4
View source version on businesswire.com: http://www.businesswire.com/news/home/20171215005299/en/
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