mHealth (Mobile Health) Market Sees Exceptional Growth Opportunities, Developments, Insights | says Fortune Business Insights

The Global mHealth (Mobile Health) Market is likely to expand at an impressive CAGR, finds Fortune Business Insights in a report, an increasing end-user availability may lead to a subsequent increase in demand for mHealth applications and services in the forthcoming years.

Pune, India - May 16, 2019 /MarketersMedia/ —

The Global mHealth Market is likely to expand at an impressive CAGR, finds Fortune Business Insights in a report, titled “mHealth Market: Global Market Analysis, Insights and Forecast, 2018-2025.” Growth witnessed in the market backed by an increasing adoption of wearable devices for health monitoring. In addition to this, increased availability of mobile apps manufactured by leading companies will enable fuel the demand for mHealth solutions in the forecast period. Furthermore, the increase in number of mobile phone users, worldwide, is favouring growth of the global market. mHealth applications enable access to health information with the option of avoiding hospital visits. Furthermore, ease in availability of network providers is one of the factors favoring the global mHealth market.

The rising uptake of mHealth services among the elder population is a major factor driving the global market. The demand for easy access to health information among geriatric population is a key factor impelling innovations in mHealth services. Among various benefits of mHealth services, some noteworthy benefits are real time monitoring, automated alerts, and treatment and wellness based on recorded data. mHealth devices possess advantages such as low cost, minimum maintenance, and reduced time frames. The aforementioned factors are resulting in in the higher uptake of mHealth services over other services among end-users, globally.

Request Sample Copy at https://www.fortunebusinessinsights.com/enquiry/sample/mhealth-market-100266
Favorable Government Policies to Boost the Global mHealth Market

Increasing government initiatives targeted towards spreading health awareness are boosting the global mHealth market. Moreover, rising government initiatives that are promoting the use of mHealth apps are aiding the expansion of the global market. Organizations such as the National Health Service (NHS) have imposed stringent rules and regulations towards the safety and testing of mHealth apps and services. Therefore, users can be sure of efficiency of these apps as they have already been tested and verified clinically. This in turn has led to increased reliability and subsequently, more end-users are preferring apps that have been verified, clinically by organizations such as the NHS.

Increasing Adoption of Smartphone Services among Global Population to Enable Growth

The adoption of fast paced lifestyle among people around the world, has fuelled the demand for convenient yet high-performing mobile applications. The advent of cloud based services within mobile apps is favoring expansion of the global health market. Cloud-based services fulfil the need for excess storage that is required when availing mHealth solutions. According to Statista, in 2016 around 2.1 billion people around the world owned smartphones. This number accounts for around 36% of the global population and it is forecasted to grow even more by 2019. Thus, an increasing end-user availability may lead to a subsequent increase in demand for mHealth applications and services in the forthcoming years.

Incorporation of mHealth services in Blood Pressure Monitoring Devices to Enable Growth

Blood pressure monitoring is an integral part of detecting diseases at an early stage. Blood pressure monitoring helps in detecting cardiac arrests and heart failures at an early stage and reduces chances of heart attacks and other fatal disorders. The advent of wearable blood pressure monitoring devices with in-built mHealth applications is leading to an increased adoption of these devices among people, globally. This, in turn has led to an increase in growth of the global mHealth market and is expected to boost the market in the forecast period as well.

Browse Complete Report Details at https://www.fortunebusinessinsights.com/industry-reports/mhealth-market-100266

About Us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Info:
Name: Fortune Business Insights
Email: Send Email
Organization: Fortune Business Insights
Address: Fortune Business Insights Pvt. Ltd. 308, Supreme Headquarters, Survey No. 36, Baner, Pune-Bangalore Highway, Pune - 411045, Maharashtra, India.
Phone: 1 424 253 0390
Website: https://www.fortunebusinessinsights.com

Source URL: https://marketersmedia.com/mhealth-mobile-health-market-sees-exceptional-growth-opportunities-developments-insights-says-fortune-business-insights/513545

Source: MarketersMedia

Release ID: 513545

More News From Daily Tech Geek

Lonely Planet's top destination suffers a blow after blasts

May 21, 2019

HIKKADUWA, Sri Lanka — Sipping fresh coconut water while sunbathing on deserted Hikkaduwa beach, Alexi Konchayenko, a sports trainer from Ukraine, struck a stoical note. Bomb blasts can happen "anywhere, anytime," he said, adding that he was not afraid. "Sri Lanka is an amazing country. This is my first visit and I will tell my friends also to come." His is a lone voice — and a lone presence. Sri Lanka was the Lonely Planet guide's top travel destination for 2019, but since the Easter Sunday attacks on churches and luxury hotels, foreign tourists have fled. Many of those booked...

Sri Lanka again blocks social media amid communal unrest

May 21, 2019

COLOMBO, Sri Lanka — Sri Lanka's government has temporarily blocked social media and messaging apps following a flare-up of communal violence, the third time it has taken such a step since last month's Easter attacks that killed more than 250 people, an official said Monday. The government acted after an exchange of accusations between two people on Facebook led a mob to attack a Muslim-owned shop Sunday in the Catholic-majority town of Chilaw, said Nalaka Kaluwewa, the chief of the Information Department. Police imposed a curfew in the town, located about 80 kilometers (50 miles) north of Colombo, the capital,...

US commerce secretary urges India to open markets further

May 21, 2019

NEW DELHI — U.S. Commerce Secretary Wilbur Ross said on Tuesday that American technologies and expertise could play an important role in developing India's economy, but were facing significant barriers to accessing its markets. Ross told a gathering of business leaders in New Delhi that foreign companies were at a disadvantage due to India's tariff and non-tariff barriers and myriad regulations. Ross said India was already the world's third largest economy and by 2030 it would become the world's largest consumer market because of the rapid growth of its middle class. "Yet today, India is only the U.S 13th largest...

Strong cyclone lashes east India, impacts Asian subcontinent

May 21, 2019

NEW DELHI — Cyclone Fani tore through India's eastern coast on Friday as a grade 5 storm, lashing beaches with rain and wind gusting up to 205 kilometers (127 miles) per hour and affecting weather as far away as Mount Everest. The India Meteorological Department said the "extremely severe" cyclone in the Bay of Bengal hit the coastal state of Odisha around 8 a.m., with weather impacted across the Asian subcontinent. Dust storms were forecast in the desert state of Rajasthan bordering Pakistan; heat waves in the coastal state of Maharashtra on the Arabian Sea; heavy rain in the northeastern...

India prepares for 'extremely severe' Bay of Bengal cyclone

May 21, 2019

NEW DELHI — Hundreds of thousands of people were evacuated along India's eastern coast on Thursday as authorities braced for a cyclone moving through the Bay of Bengal that was forecast to bring extremely severe wind and rain. The India Meteorological Department in New Delhi said Cyclone Fani was expected to make landfall on Friday with gale-force winds of up to 200 kilometers (124 miles) per hour likely starting Thursday night. It warned of "extremely heavy falls" over parts of the state of Odisha and its southern neighbor Andhra Pradesh. India's National Disaster Management Authority forecast "high to phenomenal" sea...

About Us

Daily Tech Geek delivers Technology news only covering the multiple fields in the industry.

Contact us: sales[at]dailytechgeek.com

Subscribe Now!