Mobile Healthcare Market (mHealth) to see 40% CAGR Globally for Next 6 Years

DALLAS, September 12, 2014 /PRNewswire/ --

ReportsnReports.com adds The Mobile Healthcare (mHealth) Bible: 2015 - 2020 market research report of 392 pages, to its store. mHealth revenue is forecast to reach $15 billion in 2015 as per this report. This report presents an in-depth assessment of the global mHealth market. In addition to covering key market drivers, challenges, future roadmap, value chain analysis, deployment case studies, service/product strategies and strategic recommendations, the report also presents comprehensive forecasts for the mHealth market from 2014 till 2020. Historical revenue figures for 2010, 2012 and 2013 are also presented. The forecasts and historical revenue figures are individually segmented for 5 individual submarkets, 29 use case categories, 5 ecosystem player categories, 6 geographical regions and 34 countries.

The Mobile Healthcare (mHealth) Bible: 2015 - 2020 market report comes with an associated Excel datasheet covering quantitative data from all figures presented within the report. In-depth analysis for 5 individual submarkets and their associated mHealth application use cases are provided for Pharmaceutical Applications, Medical Information & Healthcare Management, Healthcare & Fitness, Remote Consultation/Diagnostic Services, M2M, Wearable Technology, Sensor & Monitoring Applications and Historical revenue figures and forecasts till 2020.

mHealth has the potential to dramatically reduce the costs of healthcare operations, while improving the quality of healthcare. This mobile health market research estimates that by the end of 2015, mHealth could represent up to $290 Billion in annual healthcare cost savings worldwide. The cost saving potential of mHealth comes from a variety of application areas. For example, remote monitoring technologies built upon mHealth platforms can enable patients to be monitored on an ambulatory basis when they previously may have needed to be monitored as inpatients.  The mHealth value chain encompasses 7 major segments which work in conjunction to deliver mHealth services to healthcare organizations and patients; mobile/mHealth device, chipset & infrastructure OEMs, mobile network operators, healthcare professionals & service providers, insurers & government health systems, application developers & integrators, pharmaceutical organizations and patients. While most vertical segments still view wearable devices with hesitation, the healthcare sector has embraced them, with applications ranging from consumer healthcare/fitness monitoring to assisted patient examination, and even healthcare cost reduction.

700+ companies are covered in The Mobile Healthcare (mHealth) Bible: 2015 - 2020 industry research report, which is available for purchase at http://www.reportsnreports.com/Purchase.aspx?name=297797, (starting US$2500 for a single user PDF) and has the following key findings:

• Driven by the thriving ecosystem, this research estimates that mHealth market will account for over $13 Billion in 2015 alone
• Despite barriers relating to regulation, patient acceptance and privacy concerns, this report estimates further growth at a CAGR of nearly 40% over the next 6 years
• The research estimates that mHealth centric wearable devices will account for over 150 Million unit shipments by the end of 2020
• The widespread availability of high speed connectivity has opened up considerable opportunities for advanced mHealth applications such as remote video consultation
• Besides video applications, mobile network operators are also eyeing on other latency & bandwidth sensitive mHealth applications to capitalize on their recent LTE infrastructure upgrades. For example London's Air Ambulance uses EE's LTE network for navigational support
• mHealth offers a multitude to opportunities to the pharmaceutical industry ranging from R&D activities to securing the supply chain and, in the battle against counterfeit drugs
• mHealth has the potential to dramatically reduce the costs of healthcare operations, while improving the quality of healthcare. The report estimates that by the end of 2015, mHealth could represent up to $290 Billion in annual healthcare cost savings worldwide

Market forecasts and historical revenue figures are provided for each of the following 5 submarkets and their 23 use case categories:

Pharmaceutical Applications: Safety Data Collection, Consumer Education, Medical Education, Post-Market Monitoring, Drug Authentication, Social Media and Patient Compliance & Retention: Clinical Trial.

Information & Healthcare Management: Electronic Health/Medical Records & Tracking Tools, Diagnostic Tools & Medical Reference, Continuing Medical Education, Awareness Through Alerts and Logistical & Payment Support.

Healthcare & Fitness: Medical Compliance, Fitness & Nutrition Apps, Clinical Decision Support Systems and Prescribable Mobile Apps.

Remote Consultation/Diagnostic Services: Mobile Video Consultations, Collaboration & Surgery, Non-Video Consultations & Collaboration and Remote Collaboration in Emergency Situations.

M2M, Wearable Technology, Sensor & Monitoring Applications: Health and Wellness Monitoring, Disease Surveillance/Remote Monitoring, Diagnostic Tools and Technical Logistics.

Revenue is also split by ecosystem player: Ecosystem Player, Mobile Network Operators/Connectivity Providers, Mobile & mHealth Device OEMs, Content & Application Providers, Healthcare Service Providers and Pharmaceutical Industry.

Explore more reports on the healthcare market at http://www.reportsnreports.com/market-research/healthcare/ .

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