- What level of cost savings can mHealth facilitate for healthcare service providers in each region ?
- What are the key applications of LTE and 5G networks in the mHealth market ?
- What considerations should be taken into account to devise a successful mHealth strategy for a hospital ?
- What strategies should mobile operators , enabling technology providers , mHealth device OEMs , healthcare service providers , pharmaceutical companies and application developers adopt to capitalize on the mHealth opportunity ?
Key Findings The report has the following key findings :
- Driven by the thriving ecosystem , Research estimates that the mHealth market will account for over $ 23 Billion in 2017 alone . Despite barriers relating to regulation , patient acceptance and privacy concerns , Research estimates further growth at a CAGR of more than 35 % over the next three years .
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- While the use of mHealth devices and apps is already widespread in clinical trials , pharmaceutical giants are now setting their sights on connected drug delivery platforms that will automatically detect and log patients ’ medication use to improve adherence .
- Research estimates that mHealth centric wearable devices will account for over 60 Million unit shipments by the end of 2017 . In order to gain valuable insights from the data generated by these devices , healthcare service providers and other stakeholders are increasingly investing in Big Data and analytics technology .
- mHealth has the potential to dramatically reduce the costs of healthcare operations , while improving the quality of healthcare . Research estimates that by the end of 2017 , mHealth could represent up to $ 370 Billion in annual healthcare cost savings worldwide .