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Top 20 mHealth companies account for US$2.8Bn of mobile health market revenues in 2013
Top 20 Mobile Health (mHealth) Companies 2014 - a new company profile report on 2014-04-03 00:29:04
The potential benefits of mobile health (mHealth) solutions range from improving healthcare system processes, from appointment booking software to the retrieval of crucial data, to patients being able to manage chronic conditions better with the help of mHealth apps on their mobile devices. Mobile communications can also transform how subscribers who live in remote or rural areas access health advice and how patients in these areas communicate with their health care practitioners.The mHealth ecosystem is still largely undefined as the industry is in its infancy. The mobile healthcare market is broadly categorized into connected medical device and healthcare applications. The sector also includes mobile operators who are set to reap significant revenues from increased data consumption.Healthcare practitioners will find workloads decreased and greater efficiency in treatments. Software and app developers will gain wide revenue streams from the creation of popular apps or solutions either through consumer purchase or subsidised purchase by health insurance companies. As a result, analysts have determined that the 20 leading companies in the global mobile health market (including mobile operators) will account for $2.84bn of annual market revenue and the market dynamics are indicative of a highly fragmented sector ripe for new market entrants.

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