mHealth Solutions Market by Connected Devices.pdf
Content
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mHealth Solutions Market by Connected Devices (Blood
Pressure Monitor, Glucose Meter, Pulse Oximeter) Apps
(Weight Loss, Women’s Health, Personal Health Record, &
Medication) Services (Remote Monitoring, Consultation,
Prevention) – Global Forecast to 2020
The mobile healthcare solutions market covers smartphone-connected medical devices
(hardware), paid mHealth applications (software), and services. Currently, connected
devices contribute the maximum share (~63.7%) to the mHealth solutions market, although
the download volume of mHealth applications is higher than the installed base of connected
devices.
The global mHealth solutions market is expected to grow at a CAGR of 33.4% during the
forecast period (2015 to 2020). The increasing penetration of smartphones, tablets, and
other mobile platforms; increasing utilization of connected medical devices and mHealth apps
in the management of chronic diseases; the advent of advanced connectivity and network
technologies; robust penetration of 3G and 4G networks to provide uninterrupted healthcare
services; and rising focus on patient-centric healthcare are the major drivers for this market.
However, the risk of data theft, stringent regulations by the FDA and EU, low guidance from
physicians in selecting apps, and resistance from traditional healthcare providers may
restrain market growth.
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The Full Report:
http://www.gosreports.com/mhealth-solutions-market-by-connected-devic
es-blood-pressure-monitor-glucose-meter-pulse-oximeter-apps-weight-lo
ss-womens-health-personal-health-record-medication-services-remote-mo
nitor
In this report, the market is segmented by products & services and region the basis of
products & services, the mHealth solutions market is segmented into connected medical
devices, mHealth applications, and mHealth services. In 2014, the connected medical
devices segment accounted for the largest share of the global mHealth solutions market. This
market is poised to reach USD 25.26 billion by 2020, growing at a CAGR of 24.2% during the
forecast period. The connected medical devices market is further segmented into blood
glucose meters, ECG monitors, blood pressure monitors, pulse oximeters, peak flow meters,
neurological monitoring devices, sleep apnea monitors, multiparameter trackers, and others.
In 2014, the blood pressure monitors segment accounted for the largest share of 28.0% of
the global connected medical devices market. However, the blood glucose meters market is
expected to grow at the highest CAGR of 26.1% during the forecast period. This market is
mainly driven by the increasing prevalence of diabetes, which will correspondingly drive the
adoption of blood glucose monitoring devices among patients. Moreover, a shift in consumer
preference, from traditional glucose tests to multifunctional blood glucose meters for
continuous glucose monitoring using smartphones, is also expected to play a pivotal role in
the growth of the blood glucose meters segment in the coming years.
Table of contents:
1 INTRODUCTION 23
1.1 OBJECTIVES OF THE STUDY 23
1.2 MARKET DEFINITION 23
1.3 MARKET SCOPE 24
1.3.1 MARKETS COVERED 24
1.3.2 YEARS CONSIDERED FOR THE STUDY 25
1.4 CURRENCY 26
1.5 STAKEHOLDERS 26
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2 RESEARCH METHODOLOGY 27
2.1 RESEARCH APPROACH 27
2.1.1 SECONDARY DATA 28
2.1.1.1 Key data from secondary sources 28
2.1.2 PRIMARY DATA 29
2.1.2.1 Key data from primary sources 29
2.1.2.2 Key industry insights 30
2.2 MARKET SIZE ESTIMATION 31
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 33
2.4 MARKET SHARE ESTIMATION 34
2.5 ASSUMPTIONS FOR THE STUDY 34
3 EXECUTIVE SUMMARY 35
4 PREMIUM INSIGHTS 42
4.1 GLOBAL MHEALTH SOLUTIONS MARKET 42
4.2 ASIA-PACIFIC: MHEALTH SOLUTIONS MARKET, BY PRODUCTS AND SERVICES (2014) 43
4.3 MHEALTH SOLUTIONS MARKET: REGIONAL GROWTH OPPORTUNITIES 44
4.4 MHEALTH SOLUTIONS MARKET: REGIONAL MIX 45
5 MARKET OVERVIEW 46
5.1 INTRODUCTION 47
5.2 MARKET SEGMENTATION 48
5.2.1 MHEALTH SOLUTIONS MARKET 48
5.3 MARKET DYNAMICS 49
5.3.1 KEY MARKET DRIVERS 50
5.3.1.1 Increasing penetration of smartphones, tablets, and other mobile platforms 50
5.3.1.2 Increasing utilization of connected devices and mhealth apps in the management of
chronic diseases 51
5.3.1.3 Robust penetration of 3g and 4g networks to provide uninterrupted healthcare
services 51
5.3.1.4 Rising focus on patient-centric healthcare delivery 53
5.3.2 KEY MARKET RESTRAINTS 54
5.3.2.1 Lack of data security giving rise to concerns regarding data theft and healthcare fraud
54
5.3.2.2 Lack of standards and regulations resulting in low interoperability of solutions 54
5.3.2.3 Difficulty in finding mhealth apps on Android or apple stores and low guidance from
physicians in selecting apps 54
5.3.2.4 Resistance from traditional healthcare providers 55
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5.3.3 KEY MARKET OPPORTUNITIES 56
5.3.3.1 Low physician density creates platforms for greater adoption of mhealth apps in
developing countries 56
5.3.3.2 Expansion in mHEALTH solutions providing medium from smartphones to other
mobile options 56
5.3.4 KEY CHALLENGES 57
5.3.4.1 Patent protection for MHEALTH devices and Applications 57
5.3.4.2 Interoperability among apps and platforms to provide reimbursements 57
6 INDUSTRY INSIGHTS 58
6.1 INDUSTRY TRENDS 58
6.1.1 GROWING APPLICATION OF CLOUD-BASED MHEALTH SOLUTIONS ACROSS THE
HEALTHCARE ECOSYSTEM 59
6.1.2 WEARABLE COMPUTING/DIGITAL HEALTH 59
6.2 MOBILE HEALTHCARE ECOSYSTEM: STAKEHOLDER REVENUE SHARE ANALYSIS 60
6.2.1 MHEALTH DEVICE MANUFACTURERS 61
6.2.2 APPLICATION DEVELOPERS 61
6.2.3 MHEALTH SERVICE PROVIDERS 62
6.2.4 NETWORK PROVIDERS 62
6.3 PORTER’S FIVE FORCES ANALYSIS 62
"
More Information:
http://www.gosreports.com/mhealth-solutions-market-by-connected-devices-blood-pressure-m
onitor-glucose-meter-pulse-oximeter-apps-weight-loss-womens-health-personal-health-recordmedication-services-remote-monitor
/
/ Joanna | Executive - International Business and partner Relations
Gos International Inc.
E-mail: [email protected] | Web: www.gosreports.com
Gos International Inc. is one of the leading distributors of market research reports in the
world today.
http://www.gosreports.com
mHealth Solutions Market by Connected Devices (Blood
Pressure Monitor, Glucose Meter, Pulse Oximeter) Apps
(Weight Loss, Women’s Health, Personal Health Record, &
Medication) Services (Remote Monitoring, Consultation,
Prevention) – Global Forecast to 2020
The mobile healthcare solutions market covers smartphone-connected medical devices
(hardware), paid mHealth applications (software), and services. Currently, connected
devices contribute the maximum share (~63.7%) to the mHealth solutions market, although
the download volume of mHealth applications is higher than the installed base of connected
devices.
The global mHealth solutions market is expected to grow at a CAGR of 33.4% during the
forecast period (2015 to 2020). The increasing penetration of smartphones, tablets, and
other mobile platforms; increasing utilization of connected medical devices and mHealth apps
in the management of chronic diseases; the advent of advanced connectivity and network
technologies; robust penetration of 3G and 4G networks to provide uninterrupted healthcare
services; and rising focus on patient-centric healthcare are the major drivers for this market.
However, the risk of data theft, stringent regulations by the FDA and EU, low guidance from
physicians in selecting apps, and resistance from traditional healthcare providers may
restrain market growth.
www.gosreports.com
The Full Report:
http://www.gosreports.com/mhealth-solutions-market-by-connected-devic
es-blood-pressure-monitor-glucose-meter-pulse-oximeter-apps-weight-lo
ss-womens-health-personal-health-record-medication-services-remote-mo
nitor
In this report, the market is segmented by products & services and region the basis of
products & services, the mHealth solutions market is segmented into connected medical
devices, mHealth applications, and mHealth services. In 2014, the connected medical
devices segment accounted for the largest share of the global mHealth solutions market. This
market is poised to reach USD 25.26 billion by 2020, growing at a CAGR of 24.2% during the
forecast period. The connected medical devices market is further segmented into blood
glucose meters, ECG monitors, blood pressure monitors, pulse oximeters, peak flow meters,
neurological monitoring devices, sleep apnea monitors, multiparameter trackers, and others.
In 2014, the blood pressure monitors segment accounted for the largest share of 28.0% of
the global connected medical devices market. However, the blood glucose meters market is
expected to grow at the highest CAGR of 26.1% during the forecast period. This market is
mainly driven by the increasing prevalence of diabetes, which will correspondingly drive the
adoption of blood glucose monitoring devices among patients. Moreover, a shift in consumer
preference, from traditional glucose tests to multifunctional blood glucose meters for
continuous glucose monitoring using smartphones, is also expected to play a pivotal role in
the growth of the blood glucose meters segment in the coming years.
Table of contents:
1 INTRODUCTION 23
1.1 OBJECTIVES OF THE STUDY 23
1.2 MARKET DEFINITION 23
1.3 MARKET SCOPE 24
1.3.1 MARKETS COVERED 24
1.3.2 YEARS CONSIDERED FOR THE STUDY 25
1.4 CURRENCY 26
1.5 STAKEHOLDERS 26
www.gosreports.com
2 RESEARCH METHODOLOGY 27
2.1 RESEARCH APPROACH 27
2.1.1 SECONDARY DATA 28
2.1.1.1 Key data from secondary sources 28
2.1.2 PRIMARY DATA 29
2.1.2.1 Key data from primary sources 29
2.1.2.2 Key industry insights 30
2.2 MARKET SIZE ESTIMATION 31
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 33
2.4 MARKET SHARE ESTIMATION 34
2.5 ASSUMPTIONS FOR THE STUDY 34
3 EXECUTIVE SUMMARY 35
4 PREMIUM INSIGHTS 42
4.1 GLOBAL MHEALTH SOLUTIONS MARKET 42
4.2 ASIA-PACIFIC: MHEALTH SOLUTIONS MARKET, BY PRODUCTS AND SERVICES (2014) 43
4.3 MHEALTH SOLUTIONS MARKET: REGIONAL GROWTH OPPORTUNITIES 44
4.4 MHEALTH SOLUTIONS MARKET: REGIONAL MIX 45
5 MARKET OVERVIEW 46
5.1 INTRODUCTION 47
5.2 MARKET SEGMENTATION 48
5.2.1 MHEALTH SOLUTIONS MARKET 48
5.3 MARKET DYNAMICS 49
5.3.1 KEY MARKET DRIVERS 50
5.3.1.1 Increasing penetration of smartphones, tablets, and other mobile platforms 50
5.3.1.2 Increasing utilization of connected devices and mhealth apps in the management of
chronic diseases 51
5.3.1.3 Robust penetration of 3g and 4g networks to provide uninterrupted healthcare
services 51
5.3.1.4 Rising focus on patient-centric healthcare delivery 53
5.3.2 KEY MARKET RESTRAINTS 54
5.3.2.1 Lack of data security giving rise to concerns regarding data theft and healthcare fraud
54
5.3.2.2 Lack of standards and regulations resulting in low interoperability of solutions 54
5.3.2.3 Difficulty in finding mhealth apps on Android or apple stores and low guidance from
physicians in selecting apps 54
5.3.2.4 Resistance from traditional healthcare providers 55
www.gosreports.com
5.3.3 KEY MARKET OPPORTUNITIES 56
5.3.3.1 Low physician density creates platforms for greater adoption of mhealth apps in
developing countries 56
5.3.3.2 Expansion in mHEALTH solutions providing medium from smartphones to other
mobile options 56
5.3.4 KEY CHALLENGES 57
5.3.4.1 Patent protection for MHEALTH devices and Applications 57
5.3.4.2 Interoperability among apps and platforms to provide reimbursements 57
6 INDUSTRY INSIGHTS 58
6.1 INDUSTRY TRENDS 58
6.1.1 GROWING APPLICATION OF CLOUD-BASED MHEALTH SOLUTIONS ACROSS THE
HEALTHCARE ECOSYSTEM 59
6.1.2 WEARABLE COMPUTING/DIGITAL HEALTH 59
6.2 MOBILE HEALTHCARE ECOSYSTEM: STAKEHOLDER REVENUE SHARE ANALYSIS 60
6.2.1 MHEALTH DEVICE MANUFACTURERS 61
6.2.2 APPLICATION DEVELOPERS 61
6.2.3 MHEALTH SERVICE PROVIDERS 62
6.2.4 NETWORK PROVIDERS 62
6.3 PORTER’S FIVE FORCES ANALYSIS 62
"
More Information:
http://www.gosreports.com/mhealth-solutions-market-by-connected-devices-blood-pressure-m
onitor-glucose-meter-pulse-oximeter-apps-weight-loss-womens-health-personal-health-recordmedication-services-remote-monitor
/
/ Joanna | Executive - International Business and partner Relations
Gos International Inc.
E-mail: [email protected] | Web: www.gosreports.com
Gos International Inc. is one of the leading distributors of market research reports in the
world today.
