A 122 pages report contains information pertaining to the important mHealth Applications Market insight including competitive analysis, on-going industry trend, market sizing, and company profiles of the key players from the mHealth Applications Market. This report states that the factors driving the Dental Laser market are increasing airport automation around the globe, rising number of passengers, and security system upgrade across the airports worldwide.
Global mHealth Applications Market – Key Players
Some of the key players in this market are:
- Allscripts (US)
- Agamatrix, Inc. (US)
- Apple Inc. (US)
- Honeywell International Inc. (US)
- MiniMed, Inc. (US)
- Vivify Health (US)
- iHealth Labs Inc. (US)
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Global mHealth Applications Market – Insights
The term mHealth / mobile health refers to the medicine and public health practice supported by mobile devices. It is most commonly used in reference with mobile communication devices, such as mobile phones, computers, tablet or PDAs, along with the wearable devices like smartwatches, which can be used for health services, information, and data collection.
This technology (mHealth) is one of the most disruptive trends ever occurred in the healthcare sector, that has changed the way of traditional medical practices and creating the path for the future of healthcare. Using technologies such as Bluetooth, mobile network (GSM/GPRS/3G/4G), and Wi-Fi, mHealth assists medical professional, consumers, and other users to check and maintain the health-related activity, allowing them to access the collected data.
These advantages of mHealth applications are encouraging growing number of HealthCare facilities to adopt and implement them (mHealth) to improve their services. The augmenting uptake is increasing the market size of mHealth applications globally.
Global mHealth Applications Market – Segments
The Global mHealth Applications Market has been segmented on the basis of type and region.
By mode of type, the global mHealth applications market has been segmented into diagnosis & treatment, monitoring applications, healthcare management, education & awareness, wellness & prevention, and others. Among these, the healthcare management accounts for the largest market share owing to the rising number of people using smartphones. Also, growing need for tracking daily activities, rising preference for personal health and wellness app, and health conditions of patients are some of the factors attributing to the growth of the segment during the review period.
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Global mHealth Applications Market – Regional Analysis
Geographically, the mHealth Applications market spans across regions namely, Europe, Asia Pacific, North America, and the Middle East & Africa.
Among all the regions, the European region is considered to occupy the largest market share with 31.7%. The growth in this market is credited to the augmenting penetration of mobile devices, increasing adoption of mHealth apps in order to track vital signs, high concentration on precision and personalized medicine production, and well-developed healthcare infrastructure.
The Asia-Pacific region is predicted to occupy the second largest share and is presumed to be the fastest growing market. The region is presumed to expand at a CAGR of 33.7%. The growth is credited to the increasing incidences of chronic diseases coupled with a large population base. Additional factors influencing the market growth are the increasing need to reduce healthcare costs, to augment lifestyle-related disorders like cardiovascular diseases, diabetes, and arthritis, to accelerate expenditure on healthcare, and to augment awareness about health disorders.
North America is considered one of the pioneers in mHealth and is anticipated to garner USD 28762.1 million by 2023. The growth is credited to the growing adoption of mHealth apps in order to track health parameters. Moreover, the government in this region is highly focusing on cutting healthcare costs which are benefiting the market. Additional factors gearing up the mHealth Applications Market growth are the presence of advanced healthcare systems in economies such as the U.S. and Canada, the growing prevalence of chronic disorders like diabetes, cancer, cardiovascular disorders, and respiratory diseases.
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