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mHealth Market to Post 32.3% CAGR Through 2020, States Allied Market Research in Its Report Published at MarketPublishers.com
Date:12/4/2013

London, UK (PRWEB) December 04, 2013

A range of factors, such as increased mobile penetration in the developing countries, the growing number of active subscribers, expanded mobile network coverage, and also the rising prevalence of various diseases, are forecast to propel the growth in the global mobile health (mHealth) market in the upcoming years. The overall market is poised to register a 32.3% CAGR in the offing to climb to a value of USD 58.8 billion by 2020.

The blood glucose meters segment is likely to capture the lion’s share of the world mHealth market in the next seven years, followed be the cardiac monitoring devices segment. Increasing focus on preventive medication worldwide is predicted to spur the growth in the mHealth services sector. The monitoring services sub-sector is likely to call for the major chunk of the overall mHealth services sector, with the hugest pack of revenues coming from the developing regions. North America is noted for being the leading regional mHealth market, but it is projected to be left behind by the burgeoning APAC market soon.

In-demand research report “mHealth Market (Devices, Applications, Services & Therapeutics) - Global Mobile Healthcare Industry Size, Analysis, Share, Growth, Trends and Forecast, 2012 – 2020” worked out by Allied Market Research has been recently published by Market Publishers Ltd.

Report Details:

Title: mHealth Market (Devices, Applications, Services & Therapeutics) - Global Mobile Healthcare Industry Size, Analysis, Share, Growth, Trends and Forecast, 2012 - 2020
Published: November, 2013
Pages: 127
Price: US$ 4,515.00

Source: PRWeb
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