Mobile Health Market - Global Industry Size, Market Share, Trends, Analysis, And Forecasts 2012 - 2018

The global mobile health market is expected to grow at the compounded annual growth rate of 24% over the next few years. Some of the key factors contributing toward this growth are the rising trend of remote patient monitoring and emergence of a number of innovative products like Smartphone; Smartphone enables patients and doctors to receive any healthcare related information or service on the move. However, poor FDA regulations are posing a major challenge for the growth of this market.

The invention of smart phone apps market created new and interactive ways to communicate with the market. Use of smart phone apps in health care market is expected to bring a new revolution in this field by creating opportunities for improving healthcare delivery and dissemination of medical information Increase in global healthcare expenses, declining staff and hospital bed numbers, aging population, and increasing incidences of chronic illnesses like heart diseases and diabetes are driving the healthcare provisions outside hospitals and into homes. Public and private healthcare providers are implementing mobile solutions in voice and data communication for improving services, access, and efficiency for ongoing care outside hospitals.

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