On 16th July 2014
Summary
Currently mobile penetration is more than 100% in developed markets and is rapidly increasing in developing markets such as Asia-Pacific, Latin America and Africa. Moreover, increasing exposure to smartphones along with 3G and 4G networks will further boost the adoption of mobile devices in most sectors especially in healthcare systems. Furthermore, shift is observed from hospital-care to personalcare as Mobile Healthcare systems are providing seamless support and care to patients irrespective of their locations. On top of that, the advent of new generation of connected medical devices is making it easier for healthcare providers to serve patients effectively and at a lower cost. Mobile medical devices provides adequate and systematic recording of biomedical signals such as respiratory parameters, glucose analysis, electrocardiogram (ECG) recordings and blood pressure measurements irrespective of the location. Thus, major factors that mobile health market players use to differentiate their product and services are portability, automation, ease of use and customization and have proved to be an optimal solution for monitoring and diagnosis of chronic conditions. Thus, mobile access is expected to become ubiquitous part of healthcare system over next few years worldwide just like healthcare access.
Increasing number of active subscribers and growing coverage of mobile networks is primarily driving the demand for smart and connected devices which in turn steering the growth of Mobile Healthcare
Market. On top of that, increasing incidence lifestyle driven diseases namely diabetes and obesity is also enabling the mobile healthcare devices market growth. In spite of technological advancement in medical devices and rise in per capita income, the higher cost of