"Designing Growth Strategies is in our DNA"
As per a survey conducted by the World Health Organization, in 2015, 121 countries had national mHealth strategies with the aim to increase the adoption of mHealth systems for a sustainable and systematic integrated approach for cost-effective investments. mHealth plays a vital role in various healthcare applications and practices such as training and education, health monitoring, treatment assistance and tracking of an epidemic outbreak.
Doctors and nurses rely on data provided by mHealth systems for timely treatment and monitoring of patients in remote areas. In August 2018, a team of researchers started a pilot study to evaluate the efficacy of mHealth systems which is developed by Rasello CS in Tanzania.
To get information on various segments, share your queries with us
Rapidly increasing patient population across the globe is expected to boost the growth of the global mHealth market during the forecast period. Moreover, advancements in technology are offering simpler solutions with ease of access to healthcare resources, caregivers and patients, owing to mHealth systems are expected to witness growth in its adoption.
Certain factors such as lack of network infrastructure in emerging nations as well as lack of standard policies are expected to restrain the growth of the global mHealth market during the forecast period.
Some of the major companies that are present in the global mHealth market are Medtronic, Apple, Inc., AirStrip Technologies, Inc., AliveCor, Inc., BioTelemetry Inc., athenahealth, Inc. AgaMatrix, Inc., LifeWatch, Nike Inc., Koninklijke Philips N.V., iHealth Lab, Inc., AT&T, OMRON Corporation, Qualcomm Technologies, Inc., Cerner Corporation, Nokia Corporation, and others.
By Product Type
· Patient Monitoring Products
· Diagnostics Products
· Nutrition and Fitness Support
· Mental Health Support
By End User
· Ambulatory Surgery Centers
· Home Care Settings
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Among the segmentation, patient monitoring products in the product type segment are expected to hold a major share in the global mHealth market owing to the increase in a number of geriatric patients as well as longer hospital stays.
North America is expected to dominate the global mHealth market owing to factors such as technological advancements in the healthcare industry, an aging population, and increasing focus on strengthening healthcare digitization. Asia-Pacific region is expected to grow over the forecast, owing to the rise in mobile users, initiatives taken by WHO for promoting mHealth applications and growing demand for better diagnostics and healthcare facilities.