Description
mHealth or mobile health, are used for the practice of medicine and public health supported by mobile devices. M-Health enables various electronic health (e-health) data content and services to users, by using wireless technologies such as WiMax, Bluetooth, GSM/GPRS/3G, and WiFi among others. These devices are deployed for monitoring, diagnosis, and treatment applications that augment the chances of better healthcare and fitness systems. These devices work as a guiding framework to record the data by the patient and send it to the healthcare providers for feedback.
The global M-health device market is expected to reach USD 48,663.2 million by 2023 at a CAGR of 35.03% during the forecasted period.
The global M-health device market is segmented on the basis of types, application and regions. On the basis of types, the market is segmented into: medical devices, health & fitness devices, and others. The medical devices segment market accounts the largest share and is expected to reach USD 39,530.4 million by 2023 from USD 4,752.5 million in 2016 at the CAGR of 34.89 % for the forecasted periods.
On the basis on application, the global M-health device market is segmented into monitoring, diagnosis and treatment, education and awareness, healthcare management, prevention and wellness and others. Monitoring application of m-health device dominated the global market in 2016 and accounted for USD 3,485.0 million and it is due to increasing deployment of m-health device solutions by healthcare providers and workers.
On the basis of regions, the market is segmented into North America, Europe, Asia-Pacific and the Middle East & Africa. North America has the dominating market for M-health device. The M-health device market for North America is estimated at USD 2,052.9 million in 2016 and expected to reach by USD 16,443.4 million by 2023 at a fastest CAGR of 34.16%.
Key Players
The leading market players in the global M-health device market include GE Healthcare, Apple Inc., Philips, Athenahealth, Cerner, Medtronics, Apple Inc, and Allscripts.
Study objectives
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global M-health device market
• To provide insights about factors influencing and affecting the market growth
• To provide historical and forecast revenue of the market segments and sub-segments with respect to countries
• To provide historical and forecast revenue of the market segments based on channels, applications, and regions for the global M-health device market.
• To provide strategic profiling of key players in the market, and comprehensively analysing their market share, core competencies, and drawing a competitive landscape for the market
• To provide economical factors that influences the global M-health device market
• To provide detailed analysis of the value chain and supply chain of the global M-health device market
Target Audience
• Pharmaceutical Companies
• Pharmaceutical Suppliers
• Potential investors
• Key executive (CEO and COO) and strategy growth manager
• Reaserch companies
Key Findings
• North America accounted for the largest market share in the global M-health device market, registering USD 2,052.9 million in 2016 and expected to reach by USD 16,443.4 million by 2023 at a CAGR of 34.16%
• The medical devices segment market accounts the largest share and is expected to reach USD 39,530.4 million by 2023 from USD 4,752.5 million in 2016 at the CAGR of 34.89 %
• Monitoring application of m-health device dominated the global market in 2016 and accounted for USD 3,485.0 million
The reports also covers regional analysis
• North America
o US
o Canada
• Europe
o Germany
o France
o U.K.
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Republic of Korea
o Rest of Asia-Pacific
• Middle East & Africa
o Middle East
o Africa
1 Report Prologue
2 Introduction
2.1 Scope of Study
2.2 Research Objective
2.3 Assumptions & Limitations
2.3.1 Assumptions
2.3.2 Limitations
2.4 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Patients Involvement in Personal Healthcare
4.2.2 Introduction of Connected Healthcare Solutions in the Mhealth Market
4.2.3 Benefits of Cost Effectiveness and Patients’ Convenience
4.2.4 Increase in Lifestyle Disease
4.3 Restraints
4.3.1 Increasing Privacy and Cybercrimes
4.3.2 Lack of Awareness About the Possible Applications of M-Health
4.3.3 Reluctance to Share Information Regarding the Health
4.4 Opportunities
4.4.1 Companies Adopting Partnership Strategy
4.4.2 Introduction of mHealth in Developing Economies
4.5 Challenges
4.5.1 Stringent Regulations and Standards
4.5.2 Low Rate of Literacy and Language Barriers in Low- and Middle-Income Countries (LMICs)
5 Market Factor Analysis
5.1 Value Chain of the M-health Device Market
5.1.1 Device Manufacturers
5.1.2 App Developers
5.1.3 Network Providers/ Mobile Operators
5.1.4 Healthcare Providers and Pharmaceuticals
5.1.5 Patients
5.2 Porter Five Forces Analysis
5.2.1 Bargaining Power of Buyer
5.2.2 Bargaining Power of Supplier
5.2.3 Threat from Substitute
5.2.4 Threat from a New Entrant
5.2.5 Intensity of Competitive Rivalry
6 Global M-Health Device Market, By Type
6.1 Introduction
6.2 Medical devices
6.3 Health and Fitness Devices
6.4 Others Devices
6.4.1 Mobile Telemedicine/Tele-Care Devices
6.4.2 Home Care Devices
7 Global M-Health Device Market, By Application
7.1 Introduction
7.2 Monitoring Applications
7.3 Diagnosis & Treatment
7.4 Education & Awareness
7.5 Healthcare Management
7.6 Wellness & Prevention
7.7 Other Applications
8 M-health device Market, By Regions
8.1 Introduction
8.2 North America
8.2.1 Introduction
8.2.2 U.S.
8.2.3 Canada
8.3 Europe
8.3.1 Introduction
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Spain
8.3.7 Rest of Europe
8.4 Asia-Pacific
8.4.1 Introduction
8.4.2 Japan
8.4.3 China
8.4.4 India
8.4.5 Australia
8.4.6 Republic of Korea
8.4.7 Rest of Asia-Pacific
8.5 Middle East & Africa
8.5.1 Introduction
8.5.2 UAE
8.5.3 Saudi Arabia
8.5.4 Egypt
8.5.5 Rest of Middle East & Africa
9 Competitive Landscape
9.1 Introduction
10 Company Profile
10.1 Allscripts
10.1.1 Company Overview
10.1.2 Product/Business Segment Overview
10.1.3 Financial Overview
10.1.4 Key Development
10.1.5 SWOT Analysis
10.2 Apple INC.
10.2.1 Company Overview
10.2.2 Product/Business Segment Overview
10.2.3 Financial Overview
10.2.4 Key Developments
10.2.5 SWOT Analysis
10.3 Athenahealth, INC.
10.3.1 Company Overview
10.3.2 Product/Business Segment Overview
10.3.3 Financial Overview
10.3.4 Key Development
10.3.5 SWOT Analysis
10.4 Cerner
10.4.1 Company Overview
10.4.2 Product/Business Segment Overview
10.4.3 Financial Overview
10.4.4 Key Development
10.4.5 SWOT Analysis
10.5 GE Healthcare
10.5.1 Company Overview
10.5.2 Product/Business Segment Overview
10.5.3 Financial Overview
10.5.4 Key Development
10.5.5 SWOT Analysis
10.6 Koninklijke Philips N.V.
10.6.1 Company Overview
10.6.2 Product/Business Segment Overview
10.6.3 Financial Overview
10.6.4 Key Development
10.6.5 SWOT Analysis
10.7 Medtronics
10.7.1 Company Overview
10.7.2 Product/Business Segment Overview
10.7.3 Financial Overview
10.7.4 Key Development
10.7.5 SWOT Analysis
