Navigation Links
Mobile Health Apps Market: 80% Revenue of mHealth Market Dominated by Connected Medical Devices Segment Says a New Report Available at RnRMarketResearch.com
Date:9/8/2013

Dallas, Texas (PRWEB) September 08, 2013

The global mHealth market is estimated to be valued at $6.6 billion in 2013 and is expected to reach $20.7 billion by 2018 at a healthy CAGR of 25.5%. The mobile healthcare market is broadly categorized into connected medical device and healthcare applications; the former dominates the revenue market with around 80% in 2013. The connected devices market is segmented into cardiac monitoring, diabetes management devices, multi-parameter tracker, and other devices like sleep apnea devices, and respiratory monitors. Connected cardiac monitoring devices contributed the maximum to this market, followed by diabetes management devices, and multi-parameter trackers. The highest growth will be witnessed by the diabetes management devices market during the forecast period, majorly due to the increasing global burden of diabetic population.

For this report on mhealth apps and solutions market (http://www.rnrmarketresearch.com/mhealth-apps-solutions-market-by-connected-devices-cardiac-monitoring-diabetes-management-devices-health-apps-exercise-weight-loss-womens-health-sleep-and-meditation-medical-apps-market-report.html), the healthcare applications market is classified into health apps and medical apps. Health apps are segmented into exercise, weight loss, women's health, sleep and meditation, medication reminder and other apps, whereas the medical apps market is segmented into medical reference, and other applications like apps for mental health, dermatological treatment, and emergency response. Despite the higher download volume of healthcare applications, revenue contribution of apps is not significant since the majority of applications are free and paid apps cost between $1 and $2 each. The healthcare apps market is dominated by exercise apps with just less than one-fifth of the share. Sleep and meditation, and weight loss apps are expected to grow at the highest CAGR during the forecast period.

Analysis of market dynamics reveals that the major drivers of this market include increasing awareness of chronic diseases, growing adoption of smartphones, high penetration of 3G and 4G network, advanced mobile connectivity, and a promise of better healthcare cost-efficiency. On the other hand, stringent regulations by the FDA and the EU, and data insecurity hinder market growth. Low patient-doctor ratio in underdeveloped countries such as Africa and other potential mHealth platforms such as smart TV increase the scope of mHealth penetration globally.

The trend of venture capital investment presents a significant development in the mobile platform for healthcare solutions and data security. In 2012, monitoring segment, healthcare IT, and consumer apps fetched the maximum venture capitals. Benchmarking strategy analysis reveals market preference towards providing comprehensive solutions with an integrated platform. The connected device market is also expected to amalgamate with companion apps to offer better healthcare solutions as per the report available for purchase at http://www.rnrmarketresearch.com/contacts/purchase?rname=113204 .

North America holds the largest share of the global mHealth market in 2013. It is estimated to be valued at $2.9 billion in 2013, while Europe and Asia will witness potential growth due to significant adoption of mobile health technology and government initiatives. U.K. India, China, Japan, Africa, and Australia are the major contributors amongst all emerging countries in 2013.

The mHealth market is highly fragmented and enriched with many healthcare as well as non-healthcare players. Philips (The Netherlands), Medtronic (U.S.), Nike (U.S.), Omron (Japan), and Alere (U.S.) contribute significantly to the global mHealth market with the technical integration of mobile network providers such as AT&T (U.S.), Qualcomm (U.S.), Cerner (U.S.), and Diversinet (Canada). Other companies profiled in this report include Aetna, Inc., Airstrip Technologies, Inc., Alivecor, Inc., Cardionet, Inc., Ihealth Lab , Inc., Johnson & Johnson, Lifewatch AG, Mobisante, Inc., Samsung Electronics Co., Ltd., Smart Online, Inc. and Withings.

Complete report mhealth Apps & Solutions Market By Connected Devices (Cardiac Monitoring, Diabetes Management Devices), Health Apps (Exercise, Weight Loss, Women’s Health, Sleep and Meditation), Medical Apps (Medical Reference) – Global Trends and Forecast to 2018 is available at http://www.rnrmarketresearch.com/mhealth-apps-solutions-market-by-connected-devices-cardiac-monitoring-diabetes-management-devices-health-apps-exercise-weight-loss-womens-health-sleep-and-meditation-medical-apps-market-report.html.

You may also be interested in a similar other report titled Wireless Health Market (WLAN, WMAN, WPAN, Sensors, Smartphone’s, Tablet PC, Mobile APPS) – Global Trends, Opportunities, Competitive Landscape and Forecasts (2013 – 2018) and available at http://www.rnrmarketresearch.com/wireless-health-market-wlan-wman-wpan-sensors-smartphones-tablet-pc-mobile-apps-global-trends-opportunities-competitive-landscape-forecasts-2013-2018-market-report.html.

Explore more reports on the e-Health market at http://www.rnrmarketresearch.com/reports/life-sciences/healthcare/information-technology/e-health.

About Us:

RnRMarketResearch.com is an online market research reports library of 350,000+ in-depth studies of over 5000 micro markets. We provide 24/7 online and offline support service to our customers.

Read the full story at http://www.prweb.com/releases/mhealth-apps-solutions/market-2018-forecasts/prweb11097745.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Download the Pathology Visions 2013 Mobile App Now
2. Yarmouth Argyle Leverages Mobile Application Platform to Support Rapid Growth
3. Mobile / Wireless Health Market in Medical Industry Reviewed with 2018 Forecasts in New Research Report at ReportsnReports.com
4. New Mobile App Protects Users from Low-Grade Electromagnetic Radiation; N8 App Now Available for 99 Cents
5. SF Cable Introduces a Better Line of Power Bank Mobile Chargers
6. CipherLab Unveils New Rugged CP60 and 9200 Mobile Computers at VARTECH 2013 San Antonio, Booth# 129, September 9-11, 2013
7. Enterprise Mobile Application Developers Can Now Deliver In-App Mobile UCC Experience for Microsoft® Lync® Using Damaka® Xavy™ SDK
8. Adaptive Driving Solutions Now Offering Mobile SVM Trucks
9. NOVAtime Introduces Its New Native Mobile Application for Windows 8 PC and Microsoft Surface
10. Kwiksure and MSIG Comment on Recent Study on the Use of Mobile Phones While Driving
11. MillionaireMatch.com Develops New Mobile Apps Enabling Members To Attain Better Dating Service
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... ProVest ... the greater Dallas, Miami, and Raleigh regions, is organizing an extended charity drive ... rare and deadly chromosome abnormality. , After struggling since birth with several health ...
(Date:10/13/2017)... ... October 13, 2017 , ... The International Association of ... of excellence for the field of eating disorders, announces the opening of early ... in Orlando, Florida at the Omni Resort at ChampionsGate. , The ...
(Date:10/13/2017)... , ... October 13, 2017 , ... Many families have ... many long-term care insurance companies have a waiver for care if the client has ... period, when the family pays for care, is often waived, so the benefits from ...
(Date:10/13/2017)... ... October 13, 2017 , ... Talented host, actor Rob Lowe, ... in a new episode of "Success Files," which is an award-winning educational program ... investigates each subject in-depth with passion and integrity. , Sciatica occurs when the ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... treating sleep apnea using cutting-edge Oventus O2Vent technology. As many as ... disorder characterized by frequent cessation in breathing. Oral appliances can offer significant relief ...
Breaking Medicine News(10 mins):
(Date:10/2/2017)... The Rebound mobile app is poised to become ... tide of prescription drug addiction. The app empowers users to ... stepping down their dosage in a safe, controlled manner while ... the first 100,000 people to sign up will enjoy 3 ... ...
(Date:9/27/2017)...  Commended for their devotion to personalized service, SMP Pharmacy ... one in the South Florida Business Journal,s 50 Fastest-Growing Companies, ... list, the national specialty pharmacy has found its niche.  To ... soon be honored by SFBJ as the 2017 Power Leader ... to receive his award in October, Bardisa said of the ...
(Date:9/25/2017)... R.I. , Sept. 25, 2017  EpiVax, ... assessment, vaccine design, and immune-engineering today announced the ... on the development of personalized therapeutic cancer vaccines. ... has provided exclusive access to enabling technologies to ... Eng., MBA will lead EpiVax Oncology as Chief ...
Breaking Medicine Technology: