Global Consumer mHealth Market Overview:
Growing geriatric population, increasing prevalence of chronic diseases, and growing penetration of smartphones and internet connections will help to boost global consumer mhealth market in the forecasted period. Consumer mHealth is the practice of medicine and consumer health by using mobile devices. The consumer mHealth uses mobile and wireless technologies to generate data on a personís daily environment, biology, and physiology. Some of the key players profiled in the study are Vodafone Limited, Apple, Inc. (United States), NTT Docomo, Inc. (Japan), Samsung Electronics Corporation (South Korea), AT&T Services, Inc. (United States), Healthdirect Australia (Australia), mQure Health Pvt. Ltd. (United States), Allscripts Healthcare Solutions (United States), Qualcomm Inc. (United States) and Airstrip Technologies (United States).
On the basis of geography, the market of Consumer mHealth has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Participants Type, the sub-segment i.e. Mobile Operators will boost the Consumer mHealth market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Diagnosis Services will boost the Consumer mHealth market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Use of Mobile phones, Tablets, Smart Phones and other Mobile Platform
- Robust Penetration of 4G and 5G Networks for Uninterrupted Healthcare Services
- Advancement in Technology of Connected Devices and mHealth App with Rise in use of Wearable Health Technology
- Remote monitoring and Growing Focus on Consumer- Centric Mobility Solutions
- Rising incidences of Technological Risk
- Lack of guidance from Physicians while Selecting Apps
- Growing Adoption of mHealth Solutions
- Increasing Incidence of Lifestyle Disorders
- Patent Protection for mHealth Devices and Applications
- Lack of Data Security Giving Rise to Concerns Regarding Data Theft and Healthcare Fraud
On 12th Feb 2019, AT&T and VITAS Healthcare, the nationís leading provider of end-of-life care has launched a study that proposes to combine 5G with virtual reality/augmented reality (VR/AR) to test if it can help decrease chronic pain as well as anxiety for certain hospice patients. The study intentions to evaluate a potential alternative therapy that is easier for caregivers to implement at a time and place that makes the patient most relaxed during this toughest time.
According to, "HITECH (Health Information Technology for Economic and Clinical Health) Act Ė HITECH is part of the American Recovery and Reinvestment Act of 2009 (ARRA). The HITECH Act is intended to encourage more effective and efficient healthcare through the use of technology, like implementing electronic health records (eHR), thereby reducing the healthcare costs and enabling greater access to the system. It aims to address the privacy and security concerns associated with the electronic transmission of health information."
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Target Audience:Consumer Mhealth Service Providers, HealthCare Institutes, Software Solution Providers, Government Regularity Bodies, Private Research Organizations, Government Research Organization and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Consumer mHealth market on the basis of product [Blood Glucose Meters, Blood Pressure Monitors, Neurological Monitoring Devices, ECG Monitors and Others] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Consumer mHealth market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Consumer mHealth industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Consumer mHealth market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.