According to the report North America Mobile Health Market, published by Market Data Forecast, The market was worth USD 4.38 Billion in 2016 and is expected to reach USD 19.39 Billion by 2021 at a CAGR of 34.67%.
Mobile Health Technology is the use of Smartphones, Tablets and other mobile devices to provide healthcare and other primitive services. The North American mobile health market is expected to witness significant growth during the forecast period.
Browse market data tables and in-depth TOC of the North America Mobile Health Market to 2021 at www.marketdataforecast.com/market-…alth-market-1928/
Mobile health advanced greatly because of development of smartphones and wireless technologies. Mobile health features use of technologies like telecare devices, Patient Monitoring devices, Data collection software, microcomputers, smartphones and its apps and wireless enabled laptops for monitoring health.
The main factors that are driving this market are to reduce the amount spent on healthcare, prevalent use of Mobile Smartphones, , prospect of personal healthcare management, increase of aging population, , Technological advances like 3G and 4G, rising incidence of persistent diseases, need for cost efficient healthcare delivery and increased awareness among people about personal healthcare management. Presence of major players in this region, availability of advanced technology and higher GDP are also some factors that influence growth in this region.
However, the risk of data theft, stringent regulations by FDA and EU, lack of proper guidance from physicians in selecting apps and resistance from traditional healthcare providers in developing countries are some of the key factors that restrain the overall market growth during forecast period.
North America Mobile Health Market: Segmentation
- Blood Pressure Monitor
- Glucose Meter
- Pulse Oximeter
- Y-o-Y Growth Analysis, By Connected Devices
- Market Attractiveness Analysis, By Connected Devices
- Market Share Analysis, By Connected Devices
- Remote Monitoring
- Y-o-Y Growth Analysis, By Services
- Market Attractiveness Analysis, By Services
- Market Share Analysis, By Services
- Weight Loss
- Women's Health
- Personal Health Record
- Other Applications
- Y-o-Y Growth Analysis, By Application
- Market Attractiveness Analysis, By Application
- Market Share Analysis, By Application
Major players in this market are I health lab.inc, Philips healthcare, Cardionet.inc, QUALCOMM life, Samsung electronics co ltd, Medtronic.inc, Vodafone.
Reasons to access North America Mobile Health Market Report:
- Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of technolaogy, component, and type along with market size forecasts and estimations to detect key areas of industry growth in a detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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