mHealth Solutions Marketplace Analysed in New M&M Report Now Available at MarketPublishers.com30 Nov 2015 • by Natalie Aster
LONDON – At present, connected devices hold the lion’s share of the global market for mHealth solutions. Its share is approximately 64 percent. As of 2014, North America was the most powerful market player. Europe, APAC, Latin America are other prominent markets. Connected medical devices formed the largest market segment in the same year.
The marketplace is expected to grow at a high rare over the next several years, with its CAGR being more than 33 percent. Increasing focus on patient-centric healthcare, rising penetration of mobile platforms and the advent of network technologies and advanced connectivity are some of key forces igniting the market growth. However, the market faces some challenges: stringent regulations, a data theft risk, to name a few. North American and European market are expected to grow at a lower rate if compared to other market. APAC, for instance, is expected to grow at a CAGR of slightly over 38 percent.
In the meantime, the connected medical devices segment is forecast to grow at a CAGR of approximately 24 percent.
The competition in the marketplace is quite intense, with Medtronic, Inc., BioTelemetry Inc., iHealth Lab, Inc. and Cisco, Inc. being amongst major players.
New research report “mHealth Solutions Market by Connected Devices, Apps, Services - Global Forecast to 2020” prepared by M&M offers a deep discussion of the global market for mHealth solutions. The study provides a detailed overview of this rapidly growing marketplace. It sheds light on the market segmentation, explores market dynamics and investigates industry trends. The report examines the marketplace on the basis of products and covers performance of regional markets. The research study canvasses the competitive landscape and includes companies’ profiles. Future projections are on hand in the report, too.
mHealth Solutions Market by Connected Devices (Blood Pressure Monitor, Glucose Meter, Pulse Oximeter) Apps (Weight Loss, Women's Health, Personal Health Record, & Medication) Services (Remote Monitoring, Consultation, Prevention) - Global Forecast to 2020
Published: November, 2015
Price: US$ 4,650.00
More new studies by this renowned publisher can be found at M&M page.