mHealth Services Shows Strong Growth Forecast 2014 – 2020

The global mHealth services market depicts the presence of a highly competitive and dynamic vendor landscape, says Transparency Market Research on the basis of a newly published report. Many companies are getting established in emerging economies situated in regions such as Asia Pacific and Middle East and Africa. The intense competition has made most players take part in mergers and acquisitions in the form of prime strategies to induce growth in their organizations. Enhancing product/service portfolios, bringing about geographical expansion, and providing better mHealth services processes, also are other important schemes implemented by most organizations operating in the global mHealth services market.

With the entry of new players on a regular basis, the level of competition is expected to dramatically increase during the forthcoming years. Vodafone Group Plc., AT&T Inc., Apple Inc., Alcatel-lucent, Airstrip technologies Inc., Cerner Corporation, SoftServe Inc, Diversinet Corp. (IMS Health), Symantec Corporation, and Koninklijke Philips N.V., are key players operating in the global mHealth services market.

Get PDF Sample Copy of Report: (Including TOC, List of Tables & Figures, Chart) :  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=380

According to market experts, this market is expected to gain revenue worth US$23.3 bn by 2020. Such a phenomenal growth is projected to occur at a stellar CAGR of 23.9% during the forecast period from 2014 to 2020.

Boundlessly Increasing Use of Mobile Devices Boosts Market’s Growth

The primary growth driver of the global mHealth services market involves a swift rise in the use of mobile phones and associated services. A rise in the use of electronic devices for healthcare management as well as in various industrial sectors for carrying out different activities also are key factors driving the global mHealth services market.

REQUEST FOR COVID19 IMPACT ANALYSIS – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=380

A growing use of high speed internet and other technologies that offer smooth and streamlined connectivity, also has propelled the market to achieve extensive growth. This is mainly due to the large role played by quality of connectivity and networking platforms in context of upkeeping mobile health. Easy availability of quality mobile phones that can support cutting edge technologies is expected to make the mHealth services market continue growing with a steady pace in future. Many players are gradually setting the groundwork for enabling better mobile communications in remote regions, thus proving beneficial for the market’s growth.

Shortage of Raw Materials to Devlop Technologies in Remote Regions Hinders Expansion

Lack of awareness about the importance of mHealth service among the user-base is substantially restraining the global mHealth services market in remote and underdeveloped regions. A shortage of relevant source material in the same regions to develop and provide mHealth services is also greatly hindering the market’s growth. Moreover, high costs of setting up mobile health-based technologies presents difficulties for new businesses having less capital to establish themselves properly. Such high costs often translate to expensive devices. Consequently, businesses having less disposable income cannot afford the devices. Nevertheless, some organizations are expected to introduce cost effective solutions, which may reduce effects of restraints affecting the global mHealth services market in the near future.

This analysis of the global mHealth market is based on a recent market research report by Transparency Market Research, titled “mHealth Services (Application – General Healthcare and Fitness, Medication Information, Remote Monitoring, Collaboration and Consultancy, Healthcare Management, and Health Data and Record Access; Service Type – Solutions for Patients (Wellness, Prevention, Monitoring, Diagnostic, Treatment, and Information and reference) and Healthcare System Strengthening (Emergency Response, Healthcare Practitioner Support, and Healthcare Surveillance); End User – Public/Private Healthcare Institutions, Physicians, Healthcare Workers, and Individuals) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014–2020.”

Read our Case study at :  https://www.transparencymarketresearch.com/casestudies/innovative-medical-device-manufacturing-start-up

Key Takeaways:

  • A growing use of high speed internet and other technologies that offer smooth and streamlined connectivity, also has propelled the market to achieve extensive growth
  • With the entry of new players on a regular basis, the level of competition is expected to dramatically increase during the forthcoming years.

For the study, the market has been segmented as follows:

Global mHealth Services Market, By Application

  • General healthcare and fitness
  • Medication information
  • Remote monitoring, collaboration and consultancy
  • Healthcare management
  • Health data and record access

Global mHealth Services Market, By Services Type

  • Solutions for patients
    • Wellness
    • Prevention service
    • Monitoring service
    • Diagnostic service
    • Treatment service
    • Information and reference
  • Healthcare system strengthening
    • Emergency response
    • Health care practitioner support
    • Healthcare surveillance

Global mHealth Services Market, By End User

  • Public/Private healthcare institutions
  • Physicians
  • Healthcare workers
  • Individuals

More Trending Reports by Transparency Market Research – 1. https://www.prnewswire.com/news-releases/bronchitis-treatment-market-to-reach-us-4-7-bn-by-2026–high-prevalence-of-air-pollution-drives-growth-transparency-market-research-301003635.html

2.  https://www.biospace.com/article/sterilization-equipment-and-disinfectant-market-government-initiatives-for-better-healthcare-facilities-to-boost-the-demand-globally-tmr/

Latest

IPTV UK: The Latest News And Updates

If you’re looking for the latest news and updates...

Is Khon Kaen In Thailand Suitable For Expat Families With Children?

Are you looking to relocate your family to Thailand...

Exploit the Best Bitcoin Trading Strategies

Have you ever wondered why few are successful while...

What Is A Clevo Pa71?

The clevo pa71 is a 17. Three-inch gaming pc...

Newsletter

spot_img

Don't miss

IPTV UK: The Latest News And Updates

If you’re looking for the latest news and updates...

Is Khon Kaen In Thailand Suitable For Expat Families With Children?

Are you looking to relocate your family to Thailand...

Exploit the Best Bitcoin Trading Strategies

Have you ever wondered why few are successful while...

What Is A Clevo Pa71?

The clevo pa71 is a 17. Three-inch gaming pc...

Should I Allow My Children to Access the Internet?

The internet is loaded with a large number of...
Admin
Adminhttps://dailybn.com/
Dailybn- Owned by | Wahad Butt From Pakistan. Email : annaconda092@gmail.com Hey We are outreach Blogger we will promote your website by premium guest posting service to grow your authority , Why We Are Different? Our blog posting administrations We offer the most serious estimating in the business that isn't just moderate yet additionally powerful.
spot_imgspot_img

IPTV UK: The Latest News And Updates

If you’re looking for the latest news and updates on IPTV UK, you’ve come to the right place. In this blog post, we will...

Is Khon Kaen In Thailand Suitable For Expat Families With Children?

Are you looking to relocate your family to Thailand but you can’t quite decide which location is best suited to your children? For example,...

Exploit the Best Bitcoin Trading Strategies

Have you ever wondered why few are successful while many struggles to profit? We have laid down a few Bitcoin trading strategies to help...