Global Mobile Healthcare (mHealth) Solutions Market to Grow at 33.4% CAGR to 2020

Press Release   •   Dec 02, 2015 15:30 EST

The global mHealth solutions market is expected to grow at a CAGR of 33.4% during the forecast period (2015 to 2020). The increasing penetration of smartphones, tablets, and other mobile platforms; increasing utilization of connected medical devices and mHealth apps in the management of chronic diseases; the advent of advanced connectivity and network technologies; robust penetration of 3G and 4G networks to provide uninterrupted healthcare services; and rising focus on patient-centric healthcare are the major drivers for this market. However, the risk of data theft, stringent regulations by the FDA and EU, low guidance from physicians in selecting apps, and resistance from traditional healthcare providers may restrain market growth. Complete report on mHealth solutions market spread across 332 pages, profiling 15 companies and supported with 274 tables and 50 figures is now available at http://www.rnrmarketresearch.com/mhealth-solutions-market-by-connected-devices-blood-pressure-monitor-glucose-meter-pulse-oximeter-apps-weight-loss-womens-health-personal-health-record-medication-services-remote-monitoring-consultation-prevention-global-fore-market-report.html .

In 2014, North America commanded the largest share of the global mHealth solutions market, followed by Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Developed geographies like North America and Europe are likely to grow at a lower CAGR as compared to the Asia-Pacific market, which is expected to grow at the highest CAGR of 38.1% during the forecast period. The mobile healthcare solutions market covers smartphone-connected medical devices (hardware), paid mHealth applications (software), and services. Currently, connected devices contribute the maximum share (~63.7%) to the mHealth solutions market, although the download volume of mHealth applications is higher than the installed base of connected devices. Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=434210 .

The mHealth solutions market is segmented by products & services and region the basis of products & services, the mHealth solutions market is segmented into connected medical devices, mHealth applications, and mHealth services. In 2014, the connected medical devices segment accounted for the largest share of the global mHealth solutions market. This market is poised to reach USD 25.26 billion by 2020, growing at a CAGR of 24.2% during the forecast period. The connected medical devices market is further segmented into blood glucose meters, ECG monitors, blood pressure monitors, pulse oximeters, peak flow meters, neurological monitoring devices, sleep apnea monitors, multiparameter trackers, and others. In 2014, the blood pressure monitors segment accounted for the largest share of 28.0% of the global connected medical devices market. However, the blood glucose meters market is expected to grow at the highest CAGR of 26.1% during the forecast period.

Some of the major players profiled in the mHealth solutions market report include Medtronic, Inc. (U.S.), AirStrip Technologies, Inc. (U.S.), AliveCor, Inc. (U.S.), LifeWatch AG (Switzerland), Koninklijke Philips N.V. (Netherlands), Johnson & Johnson (U.S.), Omron Corporation (Japan), Withings (France), Bio Telemetry Inc. (U.S.), athenahealth, Inc. (U.S.), AgaMatrix, Inc. (U.S.), iHealth Lab, Inc. (U.S.), AT&T (U.S.), Cerner Corporation (U.S.), and Cisco, Inc. (U.S.). Priced at $4650 for a single user PDF, a discount on this research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=434210 .

This report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on product portfolios offered by the top players in the mHealth solutions market. The report analyzes the mHealth solutions market by connected medical devices, mHealth applications, and mHealth services across all regions
  • Product Development/Innovation: Detailed insights on upcoming trends, research and development activities, and new product launches in the mHealth solutions market
  • Market Development: Comprehensive information on the lucrative emerging markets by connected medical devices, mHealth applications, mHealth services and region
  • Market Diversification: Exhaustive information about new products, growing regions, recent developments, and investments in the mHealth solutions market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, products, manufacturing capabilities, and SWOT analyses of leading players in the mHealth solutions market

Related Market Reports:

"IoT Healthcare Market by Components (Medical Device, System and Software, Service, and Connectivity Technology), Application (Telemedicine, Workflow Management, Connected Imaging, Medication Management), End-User - Global Forecast to 2020” research report is now available with RnRMarketResearch.com. Leading players such as Medtronic, Inc. (U.S.), Philips (the Netherlands), Cisco Systems (U.S.), IBM Corporation (U.S.), and GE Healthcare (U.K) are discussed in this research available at http://www.rnrmarketresearch.com/iot-healthcare-market-by-components-medical-device-system-and-software-service-and-connectivity-technology-application-telemedicine-workflow-management-connected-imaging-medication-management-end-user-global-forecast-to-2020-market-report.html .

Explore more Healthcare Market Research Reports athttp://www.rnrmarketresearch.com/reports/life-sciences/healthcare .

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