Mobile Health Market Will Cross Us$ 60 Billion by the End of 2020 - by Market Research Engine

Mobile Health Market will cross US$ 60 Billion by the end of 2020 - by Market

Research Engine

New York, July 04: Market Research Engine has published a new report titled as

“mHealth Services (Prevention, Monitoring, Diagnostic, Treatment, Information

and reference, Wellness, and Healthcare strengthening services) Market - Global

Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”

The era of mHealth is eHealth which means electronic health which is health care services

through mobile technologies such as mobile phones. To generate data on an individual’s

biology, physiology, as well as the daily environment, mHealth uses wireless and mobile

technologies. There are increasing incidences of chronic diseases such as heart ailments,

diabetes, and cancer is expected to boost demand. 3G & 4G LTE networks enable services

such as video calling & high-speed data transfer which further helps in the fast delivery of

telemedicine services.The services are provided in a two way as well as one way mode

which is dependent on the data access programs.

Browse Full Report: http://www.marketresearchengine.com/reportdetails/mobile-healthmarket

Global mobile health (mHealth) market is estimated to reach $60 billion by the end of 2020

at a CAGR of 33% till 2020.

The major driving factors of mHealth services market are as follows:

•

The number of active subscribers is increasing and the coverage of mobile networks

is growing.

•

This in turn increases the demand for smart devices.

•

There is increase in the occurrence of the lifestyle diseases such as diabetes and

obesity fueling to the growth of the market.

•

There is an increase in the cost of medical services and complexity.

•

Although the per capita income is increasing but there is no increase in the quality of

medical services.

•

There is an increase in the inclination towards preventive care.

•

Portability, ease of use, automation and customization

The restraints factors of...