(Australia-NewsWire.Com, September 25, 2017 ) Mobile health means to use mobiles and other communication technologies to educate user about healthcare services. The Asia-Pacific mobile health Industry is expected to witness significant growth during the forecast period.
Mobile health features use of technologies like Data collection software, Patient Monitoring devices, microcomputers, telecare devices, smartphones and its apps and wireless enabled laptops for monitoring health. Mobile health evolved greatly because of development of smartphones and wireless technologies.
The main factors that are driving this Industry are to reduce the amount spent on healthcare, prevalent use of Mobile Smartphones, prospect of personal healthcare management, increase of aging population, Technological advances like 3G and 4G, rising incidence of persistent diseases, need for cost efficient healthcare delivery and increased awareness among people about personal healthcare management. Here, Industry is still at a developing stage so, Industry can increase tremendously here. However, the risk of data theft, stringent regulations by FDA and EU, lack of proper guidance from physicians in selecting apps and resistance from traditional healthcare providers in developing countries are some of the key factors that restrain the overall Industry growth during forecast period.
Mobile Health Industry is segmented into connected devices Industry (Glucose Meter, Pulse Oximeter and Blood Pressure Monitor) and applications Industry (Women's Health, Weight Loss, Chronic care management, health and fitness, Medication, and Personal Health Record). Based on services, Industry can be further segmented into fitness and wellness, Remote Monitoring Consultation, Prevention. Remote monitoring Industry has highest revenue but fitness and wellness segment is expected to grow tremendously with the greatest CAGR during forecast period. This region has highest CAGR because of large population, increased healthcare expenditure, increased investments from major players.
Major players in this Industry are I health lab.inc, Philips healthcare, Cardionet.inc, QUALCOMM life, Samsung electronics co ltd, Medtronic.inc, Vodafone.
Key Points from Table of Contents Overview Executive Summary Key Inferences New Developments Drivers, Restraints, Opportunities, and Challenges Analysis (DROC) Asia-pacific Mobile Health Industry: Segmentation Connected Devices o Blood Pressure Monitor o Glucose Meter o Pulse Oximeter Services o Remote Monitoring o Consultation o Prevention Applications o Weight Loss o Women's Health o Personal Health Record o Medication o Other Applications Geographical Analysis China India Japan South Korea Australia Strategic Analysis PESTLE analysis Porters Five analysis Industry Leaders' Analysis Competitive Landscape
About Us: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.