Global Mobile Health Market Estimates and Forecasts to 2021 April.2017 | Page 2
Global Mobile Health Market
According to the report "Global Mobile Health market", published by Market Data Forecast,
the global market is projected to reach USD 62.83 Billion by 2021, at a CAGR of 35.65% from
2016 to 2021.
The Global Mobile Health's market was worth USD 13.68 Billion and is expected to reach USD
62.83 Billion by 2021 at a CAGR of 35.65%. Mobile health is defined as use of smartphones
and other communication technologies to educate user about healthcare. Because of growing
health consciousness among people mobile health market is growing at a significant rate.
The main driving factors of the market are the need to reduce healthcare expenditure, rising
incidence of life threatening diseases, increase in middle aged population, prevalent use of
smart phones globally, technological advances like 3G and 4G, and growing consciousness of
personal healthcare management among people. Most of the mobile health market revolves
around developing world than in developed world. Because of new innovations, this market
is increasing significantly this is the opportunity for new players to enter the market.
Global health market is segmented based on Connected Devices, Product applications and
product services. On the basis on Connected devices, mobile health is segmented as Blood
Pressure Monitor, Glucose Meter, and Pulse Oximeter. Based on product applications, mobile
health is segmented in to Weight Loss, Women's Health, health and fitness, Chronic care
management, Personal Health Record, and Medication. Based on product services, Mobile
Health is segmented in to Remote Monitoring, fitness and wellness, Consultation, and
Prevention.
Major players in this market are Cardionet.inc, I health lab.inc, Medtronic.inc, Philips
healthcare, QUALCOMM life, Samsung electronics co ltd, Vodafone.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
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