M-health or mobile health is a term used for advanced practice of medicine and public healthcare by usage of mobile phones or wireless communication technology.
M-health or mobile health is a term used for advanced practice of medicine and public healthcare by usage of mobile phones or wireless communication technology. M-health is mainly used for remote monitoring, diagnostics and consultation, and fitness & wellness. Demand for mhealth solutions is growing at a significant rate, owing to increasing healthcare costs at medical centers or hospitals, increasing demand for patient centric healthcare model, rising prevalence of chronic diseases, and changing lifestyles.
“Global mHealth Market Trends, Applications, Analysis, Growth, and Forecast to 2027”
In addition, increasing demand for quality healthcare, increasing error occurrence and integration with existing IT systems, development of mhealth technologies, increasing usage of mobiles, tablets and smartphones, increasing utilization of connected medical devices and mhealth applications, and growing need for remote patient monitoring services for examination, post-surgery care, etc., are also driving its adoption rate and growth of the global mhealth market.
Restraining factors such as computational, and energy limitations, lack of data security and privacy, insufficient memory, poor reimbursement policies, are inhibiting growth of the global mHealth market. However, increasing number of collaborations and partnerships, growing number of product launches and approvals, and rising demand for cloud technology in healthcare are trends expected to widen the opportunities scope of the global mhealth market.
The global mhealth market report has been segmented on the basis of connected medical device, application, service, end-user, and region. On the basis of region, the global mhealth market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
North America market dominates the global mhealth market and is expected to maintain its dominance in the years to come. Europe market accounts as second largest market and is expected to witness strong growth rate, followed by Asia Pacific due to high adoption rate and government initiatives.
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Key Players in Global mhealth market include AT&T Inc., Athenahealth, Inc., BioTelemetry Inc., Cisco Systems, Inc., Sanofi S.A., Johnson & Johnson, Philips N.V., Apple, Inc., AirStrip Technologies Inc., LifeWatch AG, Nike Inc., Cerner Corporation, Medtronic, Inc., and Omron Healthcare.