Transparency Market Research’s new market study “mHealth Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020” is an in-depth analysis of the global mHealth market, aided by detailed analysis of key regional markets and expert projections regarding the course of the market for the forecast period. Displaying an explosive 23.9% CAGR from 2014 to 2020, the global mHealth market is expected to be highly promising in the coming years. If the figures hold true, the mHealth market will be valued at US$23.39 billion by 2020, increasing from US$5.79 billion in 2013.Excessive penetration of smartphones globally, the availability of high-speed telecommunication networks, and increasing awareness about the advantages of mHealth services are key factors leading the market to an escalating growth trajectory.Additionally, increasing prevalence of chronic diseases and need for affordable healthcare services for the masses is boosting demand for mHealth services. Inadequate presence of conventional brick and mortar healthcare centers to fulfill the healthcare needs of the population worldwide is driving demand for mHealth services.

Browse the full mHealth Services report at
http://www.transparencymarketresearch.com/mobile-health-market.html

mHealth services are transmitted through collective efforts by network service providers, healthcare service providers, smartphone manufacturers, and application developers, among other entities in the supply chain. For reasons such as strict regulatory requirements and rising awareness about social welfare programs, governments all over the world play an integral role in delivering and enhancing mHealth services.The report segments the mHealth services market on four fronts: application, service type, end user, and geographical regions. According to the report, the key applications of mHealth services include medication information, healthcare management, general healthcare and fitness, remote monitoring, collaboration and consultancy, and health data and record access.Based on service type, the report segments mHealth services into services for patients and healthcare strengthening services. The mHealth services market is segmented the end-use segments of private/public institutions, individuals, and physicians and healthcare workers.

In 2013, individual users accounted for the highest revenue in the mHealth services market globally. Increasing personal health management awareness and insufficient healthcare infrastructure in developing nations led to the growth of the individual end user segment of the market. Additionally, increasing aging population worldwide, which prefers healthcare services at home, is adding to the consumer base for mHealth services.Amongst the applications of mHealth services, collaboration and consultancy services and remote monitoring are the fastest growing segments. This is predominantly due to the growing patient base with chronic diseases that need continuous and regular health monitoring.The key regional markets for mHealth services are North America, Europe, Asia Pacific, and Rest of the World (RoW). Owing to developed infrastructure, robust healthcare systems, and faster adoption of newer technologies in North America and Europe, the mHealth services market has penetrated faster in these regions, leading to their high revenue contribution.However, Asia Pacific is expected to register high adoption of mHealth services due to significant concentration of potential customers, mainly in Japan and China. In the region, mHealth solutions have the capability to streamline healthcare procedures and deliver efficient healthcare services in remote areas, which helps social and economic development.

Browse the full mHealth Services Market Press Release report at
http://www.transparencymarketresearch.com/pressrelease/mobile-health-market.htm

The global mHealth services market is segmented as:

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
Global mHealth Services Market, By Geography
North America
Europe
Asia-Pacific
Rest of the World

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