Penetration of Smartphones and Smart Devices to Boost mHealth Services Market

Published By : 16 Dec 2016 | Published By : QYRESEARCH

mHealth or Mobile health has of late seen increased activities from across industry verticals. Due to rapid penetration of smart devices and smart phones, it is now becoming conceivable for mHealth service stakeholders to deliver basic healthcare services to prospective end users. The low cost and thus increased affordability of smartphones is driving the market. As per mobility report by Ericsson Mobile Platforms AB, smartphone subscriptions is expected to triple and also the smartphone traffic is expected to increase 10 times the current traffic, in the period form 2013 and 2019. In the same fashion, the advancement of high speed networks is expected to boost the demand for m-health services.

Growing Prevalence of Chronic Diseases to Drive mHealth Services Market

The growing number of patients suffering from chronic diseases is one of the key factors boosting the demand for mHealth services. Chronic diseases require continuous monitoring and long term medication, which can be done by making use of mHealth technology, services, and solutions. mHealth services act as a solution for the independent nature of the aged population, and are thus becoming increasingly popular. The growing geriatric population is also an important factor leading to a significant adoption of these services across the globe. Moreover, the growth in number of application areas of mHealth in the recent past has helped the mHealth services market to grow.

mHealth or Mobile health has of late seen increased activities from across industry verticals. Due to rapid penetration of smart devices and smart phones, it is now becoming conceivable for mHealth service stakeholders to deliver basic healthcare services to prospective end users. The low cost and thus increased affordability of smartphones is driving the market. As per mobility report by Ericsson Mobile Platforms AB, smartphone subscriptions is expected to triple and also the smartphone traffic is expected to increase 10 times the current traffic, in the period form 2013 and 2019. In the same fashion, the advancement of high speed networks is expected to boost the demand for m-health services.

Growing Prevalence of Chronic Diseases to Drive mHealth Services Market:

The growing number of patients suffering from chronic diseases is one of the key factors boosting the demand for mHealth services. Chronic diseases require continuous monitoring and long term medication, which can be done by making use of mHealth technology, services, and solutions. mHealth services act as a solution for the independent nature of the aged population, and are thus becoming increasingly popular. The growing geriatric population is also an important factor leading to a significant adoption of these services across the globe. Moreover, the growth in number of application areas of mHealth in the recent past has helped the mHealth services market to grow.

Stringent Regulatory Norms to Challenge Growth of Market

The food and drug administration (FDA) authority in the United States has implemented stringent regulatory norms so as to measure outcome and effectiveness of mHealth solutions and services. This is acting as a restraint for the mHealth solutions and services market. These regulations are continuously amending and is expected to challenge the growth of the market.

The food and drug administration (FDA) authority in the United States has implemented stringent regulatory norms so as to measure outcome and effectiveness of mHealth solutions and services. This is acting as a restraint for the mHealth solutions and services market. These regulations are continuously amending and is expected to challenge the growth of the market.

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