(mHealth) Mobile Healthcare Market to Hit $9 Billion in 2014

ReportsnReports.com offers The Mobile Healthcare (mHealth) Bible: 2014 - 2020 research report in its store. The report estimates growth at a CAGR of nearly 40% over the next 6 years.

DALLAS, March 8, 2014 /PRNewswire-iReach/ -- As healthcare providers seek to maximize their patient outreach while minimizing costs, many view mobile healthcare (or mHealth) as the solution to improve healthcare cost-efficiency. mHealth refers to the usage of mobile communications technology & devices to enhance access to healthcare information, improve distribution of routine and emergency health services and provide diagnostic services.

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Mobile network operators also view mHealth as a lucrative opportunity for the monetization of their mobile connectivity services. Given that most operators have established themselves as reputable consumer brands, they are also eyeing on opportunities to offer services beyond simple connectivity. Many operators already offer branded or co-branded end-to-end mHealth solutions to their customer bases.

Driven by the thriving ecosystem, the research estimates that the mHealth market will account for nearly $9 Billion in 2014 alone. Despite barriers relating to regulation, patient acceptance and privacy concerns, The researchers estimate further growth at a CAGR of nearly 40% over the next 6 years.

Key Findings:

  • The widespread availability of high speed connectivity has opened up considerable opportunities for advanced mHealth applications such as remote video consultation
  • Besides video applications, mobile network operators are also eyeing on other latency & bandwidth sensitive mHealth applications to capitalize on their recent LTE infrastructure upgrades. For example London's Air Ambulance uses EE's LTE network for navigational support
  • mHealth offers a multitude to opportunities to the pharmaceutical industry ranging from R&D activities to securing the supply chain and, in the battle against counterfeit drugs
  • mHealth has the potential to dramatically reduce the costs of healthcare operations, while improving the quality of healthcare. The research estimates that by the end of 2014, mHealth could represent up to $250 Billion in annual healthcare cost savings worldwide

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Topics Covered:

  • The scope and  implementation of mHealth across the globe
  • mHealth technology
  • Market drivers and key benefits of mHealth
  • Challenges and inhibitors to the mHealth ecosystem
  • mHealth standardization and regulatory initiatives
  • mHealth opportunities, use cases and applications
  • mHealth deployment case studies
  • Value chain analysis of the mHealth ecosystem and the recognition of key players in each segment of the value chain
  • mHealth industry roadmap: 2010 – 2020
  • Key trends in the mHealth ecosystem; mHealth regulation & security,  adoption of cloud based mHealth services, alliances for ecosystem fortification, and the impact of LTE deployments
  • The role of M2M technology in the mHealth ecosystem
  • Profiles and strategies of key players in the mHealth market
  • Strategic recommendations for mobile network operators, wireless infrastructure/device OEMs, application developers, healthcare service providers & pharmaceutical companies to capitalize on the mHealth opportunity
  • In-depth analysis for 5 individual submarkets and their associated mHealth application use cases:
  • Pharmaceutical Applications
  • Medical Information & Healthcare Management
  • Healthcare & Fitness
  • Remote Consultation/Diagnostic Services
  • M2M, Sensor & Monitoring Applications

Historical Revenue & Forecast Segmentation 5 Submarkets and their 23 use case categories:

Pharmaceutical Applications

  • Safety Data Collection
  • Consumer Education
  • Medical Education
  • Post-Market Monitoring
  • Drug Authentication
  • Social Media
  • Patient Compliance & Retention: Clinical Trial

Information & Healthcare Management

  • Electronic Health/Medical Records & Tracking Tools
  • Diagnostic Tools & Medical Reference
  • Continuing Medical Education
  • Awareness Through Alerts
  • Logistical & Payment Support

Healthcare & Fitness

  • Medical Compliance
  • Fitness & Nutrition Apps
  • Clinical Decision Support Systems
  • Prescribable Mobile Apps

Remote Consultation/Diagnostic Services

  • Mobile Video Consultations, Collaboration & Surgery
  • Non-Video Consultations & Collaboration
  • Remote Collaboration in Emergency Situations

M2M, Sensor & Monitoring Applications

  • Health and Wellness Monitoring
  • Disease Surveillance/Remote Monitoring
  • Diagnostic Tools
  • Technical Logistics

Revenue is also split by ecosystem player:

  • Mobile Network Operators/Connectivity Providers
  • Mobile & mHealth Device OEMs
  • Content & Application Providers
  • Healthcare Service Providers
  • Pharmaceutical Industry

Regional Markets

  • Asia Pacific
  • Eastern Europe
  • Latin & Central America
  • Middle East & Africa
  • North America
  • Western Europe

Country Markets

Argentina, Australia, Brazil, Canada, China, Czech Republic, Denmark, Finland, France, Germany,  India, Indonesia, Israel, Italy, Japan, Malaysia, Mexico, Norway, Pakistan, Philippines, Poland, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Taiwan, Thailand, UAE, UK,  USA

Additional forecasts are provided for the following:

  • Wireless M2M connections for the mHealth vertical
  • Mobile video calling users
  • Annual throughput of mobile network data traffic
  • Smartphone, feature phone, tablet, desktop PC and notebook shipments
  • Mobile network subscriptions by region
  • Cost saving potential of mHealth by region

619 List of Companies And Organizations have been reviewed, discussed or mentioned in the report.

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Key Questions Answered:

  • What are the key market drivers and challenges for the mHealth ecosystem?
  • What are the key applications of mHealth?
  • How is the mHealth value chain structured and how will it evolve overtime?
  • What opportunities does mHealth offer to mobile network operators,
  • healthcare service providers, pharmaceutical companies and other players in the value chain?
  • What strategies should mobile network operators, wireless infrastructure & device OEMs, healthcare service providers, pharmaceutical companies and application developers adopt to capitalize on the mHealth opportunity?
  • How big is the mHealth market, and how much revenue will it generate in 2020?
  • What will be the installed base of mHealth M2M connections in 2020?
  • What particular submarkets does the mHealth ecosystem constitute?
  • What geographical regions, countries and submarkets offer the greatest growth potential for mHealth?
  • Who are the key players in the mHealth market?

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