Mobile Health Apps Solutions Market worth $20.7 Billion by 2018 Essays

Mobile Health Apps Solutions Market worth $20.7 Billion by 2018 Essays Mobile Health Apps Solutions Market worth $20.7 Billion by 2018 Essay Mobile Health Apps Solutions Market worth $20.7 Billion by 2018 Essay The Mobile Health Apps Solutions Market by Connected Devices (Cardiac Monitoring, Diabetes Management Devices), Health Apps (Exercise, Weight Loss, Womens Health, Sleep and Meditation), Medical Apps (Medical Reference) Global Trends Forecast to 2018 analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and Rest of the World. Browse 101 market data tables with 84 fgures spread through 277 pages and in-depth TOC on Mobile Health Apps Solutions Market by Connected Devices (Cardiac Monitoring, Diabetes Management Devices), Health Apps (Exercise, Weight Loss, Womens Health, Sleep and Meditation), Medical Apps (Medical Reference) Global Trends Forecast to 2018 Download a free copy of PDF [emailprotected]:// www. marketsandmarkets. com/pdfdownload. asp? id=1232 Early buyers will receive 10% customization on this report. This report studies the global mobile health apps solutions market over the forecast period of 2013-2018. The mobile healthcare market comprises of connected medical devices, healthcare application, and related mobile technology. The global mobile healthcare market is estimated at $6,336 million in 2013 and is poised to reach $20,683 million by 2018 at a CAGR of 26. 7%. Connected devices dominate the current market with around 85% of the total revenue contribution. Among different applications, cardiac monitoring and fitness tracking are the most prominent uses of mobile-enabled connected devices. With increasing awareness of the need for ealthy lifestyles, patients prefer vital signs monitoring on a continuous basis. The mobile application market is in an introductory phase, but is highly fragmented with an ample number of software-developing companies. A major restraining factor behind the growth of paid apps is the free access to maximum smartphone apps. Free apps constitute almost 90% of the download market of healthcare applications. Furthermore, significant price difference between health and medical apps lowers the adoption rate among healthcare professionals. Though the number of downloads f health apps contributed almost 90% to the healthcare applications market, revenue contribution by these apps was not significant due to its very low average price range ($1 $2/download). Consideration of a mobile application as a medical device is also a questionable issue, although the FDA is formulating a framework to regulate the apps market. As of now, there are a few certified applications in the unstructured gamut of the application market. Rising popularity may increase the download price of device-independent healthcare apps; hence, the revenue ontribution to the mobile health market is expected to be more significant. Major driving factors of the mobile Health market include the growing adoption of smartphones, tablets, and PDA, increasing awareness of chronic diseases management, advanced connectivity such as Bluetooth, Wi-Fi, robust penetration of 36 and 4G network, and a promise of better cost efficiency during medical practices. On the other hand, stringent FDA and EIJ regulations, and data insecurity restrict market growt . Inapproprlate patient-doctor ratlo In unaeraevelopea countrles ana ther potential mHealth platforms such as smart TV promises prospective business opportunities in the global mobile Health market. Since its inception (21st century), North America has contributed the maximum to both the devices and applications markets. The Asian mobile healthcare market is majorly contributed to by Japan and China, whereas the U. K. represents the most promising country in Europe. Several government initiatives such as mDiabetes, Indo-Dutch Project Management Society (IDPMS), Mobile Alliance for Maternal Action (MAMA), EpiSurveyor, Ushahidi, FrontlineSMS, OpenMRS, RapidSMS, and Mwana accelerates the rapid adoption of mHealth technology in emerging countries such as South Africa and Brazil. Though the healthcare apps market is highly fragmented with a large number of software- developing companies, the connected device segment is dominated by Philips (The Netherlands), Medtronic (U. S. ), Nike (U. S. ), Omron Oapan), and Alere (U. S. ). On the other hand, AT (U. S. ), Qualcomm (U. S. ), Cerner (U. S. ), and Diversinet (Canada) are the major technology providers that enhance healthcare solutions.