Global Mobile Health Platforms Market, By Service Type (Monitoring Services, Diagnostic Services, Treatment Services, Wellness & Fitness Solutions, Others), Device Type (Body & Temperature Monitors, Blood Glucose Monitors, Cardiac Monitors, Respiratory Monitors, Remote Patient Monitoring Devices, Hemodynamic Monitors, Neurological Monitors, Others), Stake Holder (Healthcare Providers, Application/Content Providers, Mobile Operators, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Mobile Health Platforms Market
The mobile health platforms market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 33.63% in the forecast period of 2021 to 2028. The increasing utilization of connected devices is escalating the growth of mobile health platforms market.
Mobile health platforms refers a form of advanced technological offering that assists in providing consumer specific treatment and medical related services and products such as diagnostic services, consultancy services, treatment and medicines and healthcare advices. These platforms help in connecting the patients or consumers directly with the physicians or doctors without the need for physical presence of any of the individuals.
The increasing adoption of mobile applications in order to enhance treatment outcomes and lifestyle, rise in need for reducing the incidence of chronic diseases, the utilization of such apps to improve the patient experience are the major factors driving the mobile health platforms market. The adoption of the technology to build a smooth physician-patient interface ensuring transparency in the treatment process, increasing penetration of smartphones, tablets and other mobile platforms and rise in the utilization of connected devices accelerate the mobile health platforms market growth. The growing penetration of 3G and 4G networks for uninterrupted healthcare services, high demand for mHealth apps for the management of chronic diseases and inclination towards this platform owning to its cost effectiveness influence the mobile health platforms market. Additionally, rising focus on patient-centric healthcare delivery, surge in the investment for development of advanced technologies, growth in the awareness regarding the services, improving healthcare infrastructure and increasing demand for home healthcare services positively affect the mobile health platforms market. Furthermore, growing usage of mHealth solutions in other mobile platforms and increasing adoption of AI and 5G extends profitable opportunities to the mobile health platforms market players in the forecast period of 2021 to 2028.
On the other hand, lack of standards and regulations, resistance from traditional healthcare providers and limited guidance from physicians in selecting apps are expected to obstruct the mobile health platforms market growth. Lack of data security giving rise to concerns regarding data theft and healthcare fraud and issues with patent protection for mHealth devices and applications are projected to challenge the mobile health platforms market.
This mobile health platforms market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on mobile health platforms market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Mobile Health Platforms Market Scope and Market Size
The mobile health platforms market is segmented on the basis of service type, device type and stake holder. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of service type, the mobile health platforms market is segmented into monitoring services, diagnostic services, treatment services, wellness and fitness solutions and others.
- On the basis of device type, the mobile health platforms market is segmented into body and temperature monitors, blood glucose monitors, cardiac monitors, respiratory monitors, remote patient monitoring devices, hemodynamic monitors, neurological monitors and others.
- On the basis of stake holder, the mobile health platforms market is segmented into healthcare providers, application/content providers, mobile operators and others.
Global Mobile Health Platforms Market Country Level Analysis
The mobile health platforms market is analyzed and market size insights and trends are provided by country, service type, device type and stake holder as referenced above.
The countries covered in the global mobile health platforms market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the mobile health platforms market because of the increasing demand for population health and analytics, adoption by health planners, payers and providers and increasing prevalence of the chronic diseases in the region. Asia-Pacific is expected witness the fastest growth during the forecast period of 2021 to 2028 because of the high demand for connected devices and adoption of digital health strategies to manage healthcare delivery and ensure better outcomes in the region.
The country section of the mobile health platforms market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The mobile health platforms market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for mobile health platforms market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the mobile health platforms market. The data is available for historic period 2011-2019.
Competitive Landscape and Mobile Health Platforms Market Share Analysis
The mobile health platforms market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to mobile health platforms market.
The major players covered in the mobile health platforms market report are Cisco, SAMSUNG, Capsule Technologies, Inc., OMRON Corporation, Koninklijke Philips N.V., Fitbit, Inc., AT&T Intellectual Property, Bayer AG, ResMed, Medtronic, Johnson & Johnson Services, Inc., athenahealth, Inc., Cerner Corporation, Apple Inc., Nokia, AirStrip Technologies, BioTelemetry, Inc., AliveCor, Inc., AgaMatrix, iHealth Labs Inc., Wellmo Mobile Wellness Solutions MWS Oy and Mobile Health Management Services, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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