Global mobile health monitoring market to reach nearly $2B
Revenues from remote patient monitoring using mobile networks will rise to almost $1.9 billion globally by 2014, with heart-based monitoring in the U.S. accounting for the bulk of early mobile monitoring roll-outs, according to market research firm Juniper Research.
Juniper said its mobile health report found that mobile healthcare monitoring will demonstrate substantial growth in the U.S. and other developed markets. However, while mobile monitoring will contribute to healthcare cost savings in developed markets, national wealth and the structure of the healthcare market in a given geographical region will have an important bearing on the extent to which it is rolled out.
“In Africa, the opportunities for mobile health monitoring will be limited but SMS-based education programs will be rolled out there and these can be of great benefit,” said Anthony Cox, senior analyst at Juniper.
Other areas which will contribute to mobile health revenues include fitness and healthcare smartphone apps and eventually advanced apps which link in to sensors worn on the body, according to the report.
Further findings from the mobile healthcare report include:
The report includes analysis of the current state of play in the mobile health market and contains six year forecasts for key areas within the mobile health area and associated service revenues.
Juniper said its mobile health report found that mobile healthcare monitoring will demonstrate substantial growth in the U.S. and other developed markets. However, while mobile monitoring will contribute to healthcare cost savings in developed markets, national wealth and the structure of the healthcare market in a given geographical region will have an important bearing on the extent to which it is rolled out.
“In Africa, the opportunities for mobile health monitoring will be limited but SMS-based education programs will be rolled out there and these can be of great benefit,” said Anthony Cox, senior analyst at Juniper.
Other areas which will contribute to mobile health revenues include fitness and healthcare smartphone apps and eventually advanced apps which link in to sensors worn on the body, according to the report.
Further findings from the mobile healthcare report include:
- The market for health and fitness mobile applications will thrive and eventually spawn a new market for advanced apps which integrate sensors worn on the body;
- Establishing the correct route to market for those selling mobile health services will be key to their success; and
- In the past 18 months there has been a renewed interest in mobile health from operators globally.
The report includes analysis of the current state of play in the mobile health market and contains six year forecasts for key areas within the mobile health area and associated service revenues.