MHealth (Mobile Health) or MHealth (Mobile Health) is the application of mobile technology and devices for provisions of health services, data collection and information dissemination. The MHealth (Mobile Health) Market is growing at an explosive pace due to the factors such as increasing awareness of mobile technology applications, surging focus on patient-centric healthcare deliver, technological innovations, concerns over the rising cost of healthcare delivery, growing integration of wireless technologies, convenience of medical devices, falling prices and growing affordability of mobile devices and others.
The Global MHealth (Mobile Health) Market is estimated to generate USD 21.71 billion at a CAGR of 35.65% by the end of forecast period 2022. Mobiles have changed the course of technology and have increasingly penetrated every aspect of technology with healthcare being non exception.
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MHealth (Mobile Health) Market 2018 Segmentation:
To generate an accurate assessment of the market even by a layman, the MHealth (Mobile Health) market is dissected on the basis of devices, services, technology, applications and regions.
Device – blood glucose meters, wearable fitness sensor device, neurological monitoring, BP monitors, pulse oximetry, heart rate meters and others.
Services – diagnosis, monitoring, prevention, treatment, and others.
Application – cardiovascular, respiratory, neurological, genetic diseases and others.
Regions – Americas, Europe, Asia Pacific and Middle East and Africa
MHealth (Mobile Health) Market Prominent players:
The key players in the MHealth (Mobile Health) market are Athena health, Apple, Boston Scientific, AT&T, Fitbit, AirStrip, CardioNet, Sanofi, Telcare, Zephyr Technology and others.
MHealth (Mobile Health) Market Regional Analysis:
The industrialised and developed economies of North America and Europe dominated the scene due to their advanced economies and infrastructure. The advanced infrastructure is expressed by the fact that internet usage in developed economies such as U.S. and Canada represented 87% population in 2015.
However there is a definite shift of the market in favour of the developing economies, resulting from explosive mobile phone penetration. The revolution is underlined by the fact that internet usage across emerging and developing countries rose to eye watering 54% in 2015 compared to 45% in 2013, with Malaysia, Brazil, India and China reporting the largest growth. Smartphone ownership rates in these developing nations soared from a median of 21% in 2013 to whooping 37% in 2015. Smartphone adoption in developing economies of Turkey, Malaysia, Chile and Brazil represented a healthy increases of over 25 percentage points.
However Africa is expected to generate moderate growth in the MHealth (Mobile Health) market owing to poor socio economic conditions and smartphone ownership rates. Tanzania (11%), Uganda (4%) and Ethiopia (4%) represent countries with the least smartphone ownership rates in 2015.
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