Global mHealth Services Market: Increasing Penetration of 3G and 4G Networks Drives Growth

Published Date : Jan 21, 2016

The increasing trend of mobile health services among consumers across the world has boosted the global mHealth services market. The rise in the usage of smartphones and tablets as well as increasing coverage area of 3G and 4G networks in the global arena is the key factor behind the significant growth of this market.

The rising incidence of chronic diseases has propelled the need to acutely monitor patients’ health on a regular basis. With mHealth services, patients, who are staying at remote places and cannot access medical facilities in times of urgency, can gain required assistance for instant relief.

Apart from this, the cost efficiency of mHealth services is also fuelling the market extensively. These services have enabled patients to schedule assessment sessions at their places, according to their convenience, and without shelling out much, which they are required to spend when they happen to visit a hospital.

Apple Inc., Vodafone, MTN, Alcatel-Lucent, Kmart Pharmacy, and Symantec are the key international mHealth services providers. Here is a snapshot of latest happenings in the global mHealth services market.

  • Kmart Pharmacy, a U.S. based pharmaceutical company, has introduced a new mHealth application in September 2015 under the brand name ‘Gmate SMART Blood Glucose Monitoring System’. Patients with diabetes can monitor their glucose levels using this app, which is available in every Kmart pharmacy in the U.S. It is also available at App Store and Google Play as a free download.
  • The government of Cameroon has recently collaborated with MTN, one of the key telecom operator in Cameroon, in order to provide an effective mHealth services platform to the country’s citizens. The platform is named ‘MTN Health’ and is thoroughly guided by Cameroon’s Ministry of Public Health.

2015 was a good year for the global mHealth services market. 2016 is also anticipated to bring in positive changes in terms of market valuation.