DUBLIN--(BUSINESS WIRE)--The "Global Mobile Health (mHealth) Market - Segmented by Type of Service, Device, Stake Holder, and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global mobile health (mHealth) market is expected to register a CAGR of over 25% during the forecast period, 2018 to 2023.
From tablets to wearables, the use of mobile devices has been increasing in the market, and healthcare providers are no exception. It has been observed that approximately 80% physicians use smartphones. The use of mobile devices by healthcare professionals has transformed many aspects of clinical practice. It has led to rapid growth in the development of medical software applications (apps) for these platforms.
Mobile devices and apps provide many benefits for healthcare professionals, most-significantly, the increased access to point-of-care tools, shown to support better clinical decision-making and improved patient outcomes. In 2014, it was estimated that around 60% of smartphone owners had used their mobile phone to look up for information about a health condition. Approximately 40,000 mHealth apps are in use, globally, and in the coming years, many more health apps are expected to be introduced.
Currently, mobile applications are being developed adhering to HIPAA-compliances. The apps developed adhering to HIPAA-compliances make private practices, hospitals, and other healthcare systems implement mobile devices without any major regulatory complications. Hence, the rise in mobile and tablet usage is driving the mobile health market.
Moreover, factors, such as increased awareness levels among the population about the potential benefits of healthcare management, increased need of point-of-care diagnosis and treatment, and increasing focus on personalized medicine and patient-centered approach, are driving the growth of the mobile health market.
Key Developments in the Market
- July 2017: Cisco acquired network security startup, Observable Networks.
- June 2017: Johnson & Johnson acquired the Actelion.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Drivers, Restraints, Opportunities and Challenges Analysis (DROC)
7. Market Segmentation
8. Competitive Landscape
9. Key Players
- Philips Healthcare
- Omron Corporation
- Johnson & Johnson
- Qualcomm Life
- AT&T Inc.
- Cisco Systems Inc.
- Bayer Healthcare
- Samsung Healthcare Solutions
10. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/mv6s5d/global_mobile?w=4