mHealth Solutions Market by Connected Devices (Blood Pressure Monitor, Glucose Meter, Peak Flow Meter) Apps (Weight Loss, Woman Health, Personal Health Record, & Medication) Services (Diagnostic, Remote Monitoring, Consultation) - Global Forecasts to 2022
The mHealth apps segment is expected to grow at the highest CAGR during the forecast period
Based on product & service, the market is categorized into connected medical devices, mHealth applications, and mHealth services. The mHealth apps segment is expected to register the highest CAGR during the forecast period.
The growth of this market can be attributed to the rising digitalization across the health continuum, the increasing concerns for health, wellness, and self-health management among patients and high adoption of smartphones and tablets across the globe.
The vital signs monitoring devices is expected to grow at the highest CAGR during the forecast period
The connected medical devices market is further segmented into consumer health devices and clinical devices.Clinical devices segment is categorized into vital signs monitoring devices, peak flow meters, neurological monitoring devices, sleep apnea monitors, multi-parameter trackers, and others.
The vital signs monitoring devices will be the fastest growing market during the forecast period. This is attributed to the rise in prevalence and incidence of diabetes and cardiovascular diseases across the globe and increasing adoption of blood glucose monitoring (CGM) systems and various chronic condition monitoring devices.
The healthcare application segment is showing the highest CAGR during the forecast period
The mHealth applications market is segmented into healthcare applications (designed for patients) by activity, and medical applications (designed for professionals). The healthcare application segment is showing the highest CAGR during the forecast period.
This growth is attributed to the factors such as increasing number of people using smart phones and the increasing preference for health management & fitness apps leading to the rising adoption of healthcare apps.
This mHealth Solutions market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors.
Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.
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