The mhealth market will grow by 47.6 percent by 2020

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This, according to an analysis that has been published by Grand View Research on the global marketplace. Grand View Research has released a report that predicts that the global market value for mhealth will rise by a CAGR of 47.6 percent from where it was in 2014, to where it will be by the close of 2020. This would suggest that by that final year of the forecast, the mobile health industry will be worth $49.1 billion. The primary category within the mhealth market is expected to remain as monitoring…

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Mhealth to see staggering growth in device market

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Lux Research has released a report that indicates that by 2023, mobile health devices will reach $41.8 billion. According to the data that has been released in a recent report, the market for mhealth devices will be experiencing considerable growth by 2023, which will be driven by a massive demand for gadgets that will monitor vital signs, as well as in vitro diagnostic devices. The report showed that by the time that year has come to a close, the mobile health device market will reach $41.8 billion. This report was…

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Mhealth market to blossom to $20.7 billion

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A new research forecast has predicted that mobile health will reach that size by the end of 2018. A research report announcement from Markets and Markets has revealed a new prediction that has placed the current size of the worldwide mhealth market at $6.6 billion, which will blossom to $20.7 billion by the close of 2018. This will represent a compound annual growth rate (CAGR) of 25.5 percent. This Markets and Markets report has also suggested that the primary driving forces behind the growth of the mhealth market will be…

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Mhealth market growth to reach $26 billion

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A new report on the latest trends in mobile health is underscoring the tremendous increase in this sector. A new trends report has been released by Research and Markets which has shown that the mhealth industry is currently climbing at a tremendous rate and is headed for even more explosive growth. The report suggested that there will be a 61 percent growth rate by the year 2017. At that rate, the mhealth market will have reached a value of $26 billion that year. The researchers behind the report believe that…

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Mhealth market in the Asia Pacific region receives important boost

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Investments from governments across the APAC countries are helping these programs to grow. According to the results of a recent analysis of the Asia Pacific (APAC) region’s mhealth marketplace, the market’s value grew to $7.9 billion, last year, due to investments from governments in that area. The report on the analysis showed that the largest telemedicine revenue contributor was from mobile health. The analysis was conducted by Frost & Sullivan. It showed that mhealth contributed the most of all the telemedicine forms, in 2012, to the $44.6 million in revenues…

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