mHealth Market Expands with Heightened Need for Healthcare Services, Real-time Patient Monitoring

Published Date : Mar 14, 2016

ALBANY, New York, March 14, 2016: A new research report, titled “The Mobile Healthcare (MHealth) Bible: 2015 – 2020,” has been featured on Currently, mobile communication has reached an impervious level of ascendancy for operational and technical needs of domestic as well as business environments. There are currently more than 7 bn mobile subscriptions around the world, which has helped several sectors due to the enhancement in connectivity. In this report, the major effects of the advent of mobile communications on the healthcare sector have been detailed.

Healthcare has been exceptionally benefitted by the introduction of mobile communications for heightened patient care and enhanced healthcare services. From maximizing patient outreach with reduced costs to improve healthcare efficiency to real-time patient monitoring, mHealth is regarded as the messiah of new-age healthcare. As can be gleaned from the name, mHealth refers to utilizing mobile communications technology and devices for the purpose of accessing healthcare information, providing diagnostic services on the go, and improving the distribution of regular and emergency health services.

The 392-page report on mHealth networks and services delves into pertinent aspects of the technology that will influence the adoption of mHealth technology irrespective of geographical barriers and ethnic beliefs. Driven by the favorable ecosystem, the mHealth market was valued at nearly US$13 bn in 2015. Despite regulatory hindrances, privacy concerns, and relatively low patient acceptance of mHealth, this market will register a phenomenal 40% CAGR in the 2015-2020 period.

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The research report presents a comprehensive reports of the mHealth market. In this report, vital parameters and aspects such as market drivers, challenges, value chain reports, service/product strategies, future roadmap, and strategic recommendations are discussed at length for the 2015-2020 period. In this report, the historical and forecast statistics are presented for the 28 subcategories that are in the scope of leveraging mobile communication networks for health services. Some of these are pharmaceutical applications, consumer education, drug authentication, information and healthcare management, awareness through alerts, etc.

This report focuses on the product portfolio, current market trends, and competitive scenario of the mHealth market across the regional segments of Asia Pacific, Latin and Central America, North America, Eastern Europe, the Middle East and Africa, and Western Europe.

The findings of this report are of paramount importance for owners of mobile networks as well as companies that provide services on the infrastructure. Opportunities for mobile network operators, pharmaceutical companies, healthcare service providers, and other entities in the mHealth value chain are looked into comprehensively in this report for the forecast period. Market size, revenue, installed capacity of M2M connections for mHealth, and shipment reports of a number of mHealth centric wearable devices by 2020 are the other valuable findings of the report.  

The mHealth market is studied from a competitive standpoint as well in this report, with major companies operating in the market profiled to provide readers a clear view of the market’s competitive dynamics. Some of these are 270 Vision, 3L Labs, AdhereTech, Aerotel Medical Systems, Airstrip Technologies, Ambir Technology, Apollo Hospitals Group, AT&T Mobility, Aventura, Bharti Airtel, Breakthrough Technologies, Cardiocom, Clinical Works, DataMotion, Diebold, Ekso Bionics, Ernst & Young, and Fatigue Science, among others.                                                                                                                              

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