The Europe Mobile Health market was worth USD 3.56 Billion in 2016 and is expected to reach USD 15.53 Billion by 2021 at a CAGR of 34.29%. Mobile health means to use mobiles and other communication technologies to educate user about healthcare services. The European mobile health market is expected to witness significant growth during the forecast period.
Health care providers use Mobile health technology for checking a person’s vital signs or level of injury, consulting with specialists for guidelines, checking clinical information, communicating with care teams, Real time monitoring of patient, provide health care remotely called telemedicine. Patients use Mobile Health apps to track their personal health records and to consult with their care providers. European Union has taken an initiative that states facts about 200 healthcare apps recommended by patient groups.
Browse market data tables and in-depth TOC of the Europe Mobile Health Market to 2021 @ http://www.marketdataforecast.com/market-reports/europe-mobile-health-market-1929/
The main factors that are driving this market are to reduce the amount spent on healthcare, prevalent use of Mobile Smartphones, prospect of personal healthcare management, increase of aging population, , Technological advances like 3G and 4G, rising incidence of persistent diseases, need for cost efficient healthcare delivery and increased awareness among people about personal healthcare management. One of the more recent drivers for this market is personal healthcare systems. 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. Europe’s main issue with market is patient safety and transparency of market.
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Mobile Health market is segmented into connected devices market (Glucose Meter, Pulse Oximeter, Blood Pressure Monitor) and applications market (Women’s Health, Weight Loss, Chronic care management, health and fitness, Medication, and Personal Health Record). Based on services, market can be further segmented into fitness and wellness, Remote Monitoring Consultation, Prevention. Remote monitoring market has highest revenue but fitness and wellness segment is expected to grow tremendously with the greatest CAGR during forecast period. This region has high CAGR because of its availability to advanced technology and high incomes for people.
Major players in this market are I health lab.inc, Philips healthcare, Cardionet.inc, QUALCOMM life, Samsung electronics co ltd, Medtronic.inc, Vodafone.
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