mobile health market Archives

Mhealth to see staggering growth in device market

07/09/201407/07/2014 Jennifer Goula

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…

Mhealth market to blossom to $20.7 billion

09/19/201309/16/2013 Jorge Gonzalez

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…

Mhealth report predicts 70 percent annual growth of sensor market

04/30/201304/29/2013 Sam Lambert

That said, while there is massive potential there, adoption is currently at a slow rate. A recent report has revealed that the sensor market for mhealth will experience an annual increase of 70 percent, but at the same time, the results of a physician survey are revealing that there aren’t many people who are actually using these apps. Though there is a tremendous amount of potential for growth in mobile health, consumers aren’t biting yet. Though some in the industry believe that the Pew physician survey may underestimate the amount…