(IT-NEWSWIRE.COM, June 19, 2017 ) The North America Mobile Health market was worth USD 4.38 Billion in 2016 and is expected to reach USD 19.39 Billion by 2021 at a CAGR of 34.67%. Mobile Health Technology is the use of Smartphones, Tablets and other mobile devices to provide healthcare and other primitive services. The North American mobile health market is expected to witness significant growth during the forecast period.
Browse market data tables and in-depth TOC of the North America Mobile Health Market to 2021 @ http://www.marketdataforecast.com/market-reports/north-america-mobile-health-market-1928/
Mobile health advanced greatly because of development of smartphones and wireless technologies. Mobile health features use of technologies like telecare devices, Patient Monitoring devices, Data collection software, microcomputers, smartphones and its apps and wireless enabled laptops for monitoring health.
The main factors that are driving this market 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. Presence of major players in this region, availability of advanced technology and higher GDP are also some factors that influence growth in this region. 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 market growth during forecast period.
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Mobile Health market is segmented into connected devices market (Glucose Meter, Pulse Oximeter, Blood Pressure Monitor) and applications market (Women's Health, Weight Loss, Chronic care management, health and fitness, Medication, and Personal Health Record). Based on services, market can be further segmented into fitness and wellness, Remote Monitoring Consultation, Prevention. Remote monitoring market has highest revenue but fitness and wellness segment is expected to grow significantly with the highest CAGR during forecast period. This region has the highest share in the global Mobile Health Market because of their availability to the advanced technology.
Major players in this market are I health lab.inc, Philips healthcare, Cardionet.inc, QUALCOMM life, Samsung electronics co ltd, Medtronic.inc, Vodafone.
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