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 The leading web portal for pharmacy resources, news, education and careers May 27, 2017
Pharmacy Choice - Pharmaceutical News - Global mHealth Market to Register USD 102.43 Billion Growth by 2022 - May 27, 2017

Pharmacy News Article

 3/15/17 - Global mHealth Market to Register USD 102.43 Billion Growth by 2022

Global mHealth market is expected to reach USD 102.43 billion by 2022, growing at a CAGR of at 32.5% between 2016 and 2022.Sarasota, FL (SBWIRE) 03/15/2017 Zion Market Research has published a new report titled "mHealth Market by Devices, by Stakeholder, by Service, by Therapeutics, and by Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2022". According to the report, the global mHealth market was valued at USD 11.47 billion in 2014 and is expected to reach USD 102.43 billion by 2022, growing at a CAGR of at 32.5% between 2016 and 2022.

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mHealth uses mobile and communication technologies in order to provide effective, safe, and affordable healthcare services through mobile such as mobile phones, PDA, tablet computers and wireless devices. mHealth technology captures real-time health information and helps in monitoring and diagnosis of diseases in remote locations. mHealth is an attractive solution that leverages the ability of mobile devices to address the prevalent problem of access to health care and rising costs.

Based on the device, the mHealth market has been segmented into pulse oximeters, multi-parameter trackers, blood glucose meters, sleep & apnea monitor, wearable fitness sensor device, neurological monitoring device, heart rate meters, blood pressure monitors, ECG monitors, cardiac monitors, peak flow meters and others. The market of blood pressure monitors emerged as the major segment in mHealth market and it accounted for over 20% share of total revenue generated in 2014. Mobile blood pressure monitors are becoming popular and usually occurs without physician encouragement. Moreover, blood glucose meter was the second largest segment and is expected to grow at a CAGR of 33.3 % during the forecast period.

By stakeholders, the market can be segmented into healthcare providers, mobile operators, application players, device vendors and others. Mobile operator was the leading segment and it held 25.8% share of the overall market in 2014. Mobile operators are shifting to solutions that connect the different stakeholders in the healthcare system to the patients to provide fully integrated care.

The mHealth market has been segmented on the basis of different services such as treatment service, monitoring services, wellness services, diagnosis service, prevention services, healthcare system strengthening services and another service. By therapeutics, the market can be segmented into neurology, diabetes, cardiovascular, respiratory and others. Monitoring services accounted for over 34% share of the total market in 2014. The diagnosis & consultation service was the second largest segment for the global mHealth market. Diagnosis services allow healthcare professionals to connect with patients distantly. Diagnosis services consist of mobile telemedicine services and IVR-based services or call center services.

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Neurology, diabetes, cardiovascular, respiratory and others are some of the key therapeutics segments in the market. Diabetes was the leading segment and it accounted for over 29% share of total revenue generated in 2014. The increasing prevalence of diabetes coupled with health awareness is expected to drive the growth of this segment in the near future. Cardiovascular is another key outlet of this market and is expected to witness exponential growth within the forecast period.

The mHealth market has been segmented on the basis of different applications such as chronic care management apps, medical apps, women's health apps, and medication management, personal health record (PHR) apps, healthcare and fitness apps and others. Chronic care management apps include blood pressure & ECG monitoring apps, cancer management apps, diabetes management apps, mental health and behavioral disorder management apps and others. Healthcare and fitness apps are anticipated to show witness fastest growth in the years to come.

Geographically, North America dominated the mHealth with over 30% share in terms of revenue for the year 2014 followed by Europe and Asia-Pacific region. The dominance of North America is expected to be maintained in the years to come on account due to increased mHealth adoption rate. Europe was the second largest regional market and is expected to show strong growth in the years to come. The Asia Pacific region also exhibited the highest growth rate. This growth is mainly due to rise government initiatives and growing geriatric population in this region.

Some of the major participants in global AT&T, Inc. (U.S.), Athenahealth, Inc. (U.S.), BioTelemetry, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Sanofi S.A. (France), Johnson & Johnson (U.S.), Philips N.V. (Netherlands), Apple, Inc. (U.S.), AirStrip Technologies Inc. (U.S.), LifeWatch AG (Switzerland), Nike Inc. (U.S.) Cerner Corporation (U.S.), Medtronic, Inc. (U.S.) and Omron Healthcare (Japan).

Browse detail report with in-depth TOC @ https://www.zionmarketresearch.com/report/mhealth-market

This report segments the global mHealth market as follows:

Global mHealth Market: Device Segment Analysis

Pulse Oximeters
Multi-Parameter Trackers
Blood Glucose Meters
Sleep & Apnea Monitor
Wearable Fitness Sensor Device
Neurological Monitoring Device
Heart Rate Meters
Blood Pressure Monitors
ECG Monitors
Cardiac Monitors
Peak Flow Meters
Others

Global mHealth Market: Stakeholder Segment Analysis

Healthcare Providers
Mobile Operators
Application Players
Device Vendors
Others

Global mHealth Market: Service Segment Analysis

Treatment Services
Monitoring Services
Wellness Services
Diagnosis Service
Prevention Services
Healthcare System Strengthening Services
Other Service

Global mHealth Market: Therapeutics Segment Analysis

Neurology
Diabetes
Cardiovascular
Respiratory
Others

Global mHealth Market: Application Segment Analysis

Chronic Care Management Apps
Blood Pressure & ECG Monitoring Apps
Cancer Management Apps
Diabetes Management Apps
Mental Health and Behavioral Disorder Management Apps
Others
Medical Apps
Alert and Awareness Apps
Continuing Medical Education (CME) Apps
Diagnostic Apps
Medical Reference Apps
Women's Health Apps
Breastfeeding Apps
Fertility Apps
Pregnancy Apps
Others
Medication Management
Personal Health Record (PHR) Apps
Healthcare and Fitness Apps
Nutrition and Fitness Apps
Health-Tracking Apps
Weight Loss Apps
Others

Global mHealth Market: Regional Segment Analysis

North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
China
Japan
India
Australia
New Zealand
Rest of Asia Pacific
Rest of World
Middle East
Brazil
Argentina
South Africa
Egypt
Rest of Countries

Request a customized copy of report @ https://www.zionmarketresearch.com/custom/530For more information on this press release visit: http://www.sbwire.com/press-releases/mhealth-market/release-782329.htm

Media Relations Contact

Steven Schulz
Research Analyst
Telephone: 49-322 210 92714
Email: Click to Email Steven Schulz
Web: https://www.zionmarketresearch.com/report/mhealth-market




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