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Date Submitted: 07/04/2016 07:49 AM
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...