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Mobile Health Market - New Industry Research Report Published by Transparency Market Research
Date:1/18/2013

Albany, New York (PRWEB) January 18, 2013

The monitoring services segment is in a commanding position having contributed about 63% of the global mHealth market revenue in 2012.

The global mHealth market is primarily driven by factors such as the increasing adoption of smartphones and rising incidences of chronic diseases. The development in smartphone applications has created new and interactive ways of communication between patients and healthcare providers. Use of smartphone applications is expected to revolutionize the mHealth market by improving healthcare delivery and dissemination of medical information.

The most impactful trend witnessed in the mHealth market is the growth in remote patient monitoring.

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Remote monitoring of patients can help reduce costs significantly by reducing the amount of time the patient spends in hospitals and also by lowering the frequency of follow-up visits to the physician. In addition, quick service and ease of use functionalities, and rising healthcare expenditure are supporting faster adoption of mHealth applications. Moreover, increasing demand for independent aging solutions and post-acute care services are also aiding the mHealth market growth.

The report analyzes the global mHealth market with cross sectional analysis of its various services and the players involved in the ecosystem. Based on the services, the market is segmented into - monitoring services, diagnostic services, healthcare system strengthening services and other services. The mHealth market ecosystem is analyzed in respect with major value system participants such as mobile operators, device vendors, content players and healthcare providers.

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