Global Mobile Health (mHealth) Technologies Market Prospects & Industry Survey Displays Significant Growth till 2021


Published on : Jun 21, 2017

Albany, New York, June 21, 2017: The rapid advancements of a variety of new technologies is making a huge impact on healthcare fields. One of those technologies is mobile health (mHealth) systems. Recently, an extensive industry survey of 65 experts from the pharmaceutical, medical devices, healthcare and healthcare IT industries has been conducted, including organizations that have already implemented mHealth solutions and service. This survey report titled “Mobile Health (mHealth) Technologies: Global Market Prospects - Featuring Expert Panel Views from Industry Survey 2017” has been freshly added to the vast repository of Market Research Hub (MRH). The survey gathered experience and opinion on the use of mHealth and present insights on key trends in the current and future use of these technologies, particularly within the pharmaceutical industry.

mHealth is considered the sum of technology-based applications that allow a patient and a physician to clinically interact from different locations. Alternatively, mHealth may mean the use of mobile devices to monitor or detect biological changes in the human body, while device management entities, such as hospitals, clinics, or service providers, collect data and use them for healthcare and health status improvement. Due to its variety of features, mHealth technologies are already a reality in both developed and developing countries, and their uptake is expected to significantly increase in the near future, particularly as the overall healthcare industry continues to shift towards value-based medicine, and due to the increasing need for more cost-effective means to deliver healthcare and to demonstrate the value and effectiveness of medical treatments.

Moving further, the study examines the factors driving and imposing the use of these technologies within this industry, and provides detailed examples of how different solutions could be used to provide direct benefits to pharmaceutical companies, healthcare institutions and patients. As per the findings, it is considered as a worthy solution and tool for the purpose of collecting and providing a variety of information on patient health and vital status to medical providers. An ideal benefit of mHealth is that it is able to enhance the continuity of care through better maintenance of patient medical records.

Also, the research identifies the relative importance of prime factors contributing towards growth across key geographical markets. The most promising geographical markets for mHealth technologies in 2017 observed in the study are China, Brazil, India and South Korea. Opportunities and challenges in these regions over the next five years are also outlined. The next section of the report covers details of strategic considerations for effective implementation of mHealth initiatives and present future outlook till 2022. Analysts have studied that some 96% of organizations that already implement mhealth solutions are likely to increase their investment within the next five years.

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