The Report mHealth Market Analysis Report By Participants (Mobile Operators, Device Vendors,
Healthcare Providers), By Service (Diagnosis, Monitoring, Healthcare Systems),
And Segment Forecasts, 2018 – 2025
The global mHealth market size is
expected to reach USD 151.57 billion by 2025, progressing at a CAGR 25.7% over
the forecast period, according to a new report by Grand View Research, Inc. The
market is majorly driven by growing geriatric population, rising prevalence of
chronic diseases, and increasing penetration of smartphones and internet
connections. Technological advancements are leading to product innovations in
the area of mHealth, which in turn will bode well for the market.
Growing
inclination towards preventive healthcare and subsequently rising subscription
to mHealth apps have been working in favor of the market. mHealth apps exhibit
several features that offer healthcare benefits to healthcare providers as well
as patients. mHealth apps provide accessibility to health related information.
mHealth apps also ensure continuous communication between patients and
providers, thereby allowing providers to diagnose, recommend, and monitor
patients without even seeing them in person.
Adoption
of smartphones with subscription to mHealth apps among adult population in the
U.S. is rising in order to maintain routine check. For instance, according to a
paper published in NCBI in February 2016, around 91.0% of adult population in
the U.S. own a mobile phone, with 61.0% of them possessing smartphones.
Access Research Report of MHealth Market @ www.grandviewresearch.com/industry-analysis/mhealth-market
Further Key Findings
From the Report Suggest:
· In 2017, monitoring services held the largest revenue
share owing to growing adoption of mhealth solutions for monitoring health
conditions such as diabetes
· The healthcare system strengthening services segment is
likely to register the highest CAGR of 27.7% over the forecast period
· Healthcare providers will be the most promising
participant segment during the forecast period, mainly due to adoption of
digital technology by healthcare facilities in order to optimize care
management process
· In 2017, Europe accounted for the largest revenue share
in the market owing to rising research initiatives in the area of mHealth
· Key players in this space include Apple Inc.; AT&T;
Airstrip Technologies; Allscripts Healthcare Solutions; Google Inc; Orange;
Soft Serve; mQure; and Samsung Electronics.
Grand View Research has segmented the global mHealth
market on the basis of services, participants and region:
mHealth Services Outlook
(Revenue, USD Million, 2014 - 2025)
·
Monitoring services
o Independent
aging solutions
o Chronic
disease management and post-acute care services
·
Diagnosis services
·
Healthcare systems strengthening services
·
Others
mHealth Participants
Outlook (Revenue, USD Million, 2014 - 2025)
·
Mobile operators
·
Device vendors
·
Content players
·
Healthcare providers
mHealth Regional Outlook
(Revenue, USD Million, 2014 - 2025)
·
North America
o U.S.
o Canada
·
Europe
o U.K.
o Germany
·
Asia Pacific
o China
o Japan
·
Latin America
o Brazil
o Mexico
·
Middle East & Africa
o South
Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market intelligence
studies ensuring relevant and fact-based research across a range of industries,
from technology to chemicals, materials and healthcare.
For
More Information: www.grandviewresearch.com
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