The North America mobile health market was valued at USD 1.77 billion in 2016 and is projected to reach USD 19.39 billion by 2021, at a CAGR of 40.80% during the forecast period from 2016 to 2021.
Mobile health could be helpful in reducing costs significantly in developed countries by reducing the amount of time the patients spend in hospitals and also by reducing re-admissions. The services can also help reduce visits to physicians. In developing countries, diagnosis services delivered through mobile phones or telemedicine centers enabled by mobile connectivity can help bridge the deficit of healthcare personnel, especially in rural and remote areas.
North America Mobile Health Market-Market Dynamics
The rapid growth in the usage of smartphones, the growth of 3G and 4G networks, and the aging population are the prime driving factors for the growth of the North America mobile health market. The U.S. has been at the forefront of mobile health deployments in the world. Almost 40% of the deployed solutions work towards strengthening the healthcare systems. A number of mobile apps targeted at wellness and fitness are also offered in the U.S. and constitute 13% of the total mobile health deployments. However, this market is constrained by patients’ concerns regarding the safety and transparency of the available database.
North America Mobile Health Market- Technological Developments
The Text4Baby SMS-based service in the U.S. disseminates information for promoting maternal and child health and is primarily targeted at low-income communities. The Wired Mothers program in Tanzania uses mobile phones to link pregnant women to the health systems. It involves SMS reminders and telephonic conversations between healthcare providers and patients. eMed Online, a compliance solution in the U.S., entails a mobile application that reminds patients to take pills at appropriate times. Diabediaro in Mexico provides a set of interactive tools for self-management of diabetes by patients. It includes educational messages, a glucose diary, and medication reminders.
The North America mobile health market is segmented into monitoring and diagnostic medical device and service, mobile healthcare apps, and services. The monitoring and diagnostic medical device and service segment is further segmented into cardiac monitors, diabetes management devices, multi-parameter trackers, diagnostic devices, and others. The mobile healthcare apps segment is further segmented into exercise, weight loss, women’s health, sleep monitoring, medication management, and others. The services segment is further divided into healthcare system strengthening services and others. The market is also segmented on the basis of geography into the U.S.A., Mexico, and Canada.
Some of the key players in the market are:
- Cardionet, Inc.
- Ihealth Lab, Inc.
- Medtronic, Inc.
- Philips Healthcare
- Qualcomm Life
- Samsung Electronics Co. Ltd.
- Vodafone
Key Deliverables in the Study
- Market analysis for the North America mobile health market, with region-specific assessments and competition analysis on the global and regional scale.
- Market definition along with the identification of key drivers and restraints.
- Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
- Extensively researched competitive landscape section with profiles of major companies along with their market share.
- Identification and analysis of the macro and micro factors that affect the North America mobile health market.
- A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
- A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
- Insights on the major countries in which this industry is blooming and to also identify the regions that are still untapped.
1. Introduction
1.1 Report Description
1.2 Major Stakeholders
1.3 Research Methodology
2. Executive Summary
3. Market Overview
3.1 Mobile healthcare ecosystem
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Growing usage of Smartphones, Tablets, and Mobile Technology in Healthcare
3.2.1.2 Increasing Awareness of People for Chronic Diseases
3.2.1.3 Advanced Connectivity to Enhance Quality of Healthcare
3.2.1.4 Better Cost Efficiency
3.2.2 Restraints
3.2.2.1 Stringent Regulations
3.2.2.2 Data Insecurity
3.2.3 Threats
3.2.3.1 Rapid Innovations Challenging Mobile Health Apps
3.2.4 Opportunities
3.2.4.1 Expansion in mhealth Applications
3.2.5 Porter's Five Force Analysis
3.2.5.1 Threat of New Entrants
3.2.5.2 Buyer's Bargaining Power
3.2.5.3 Supplier Bargaining Power
3.2.5.4 Internal Rivalry
3.2.5.5 Threat of Substituents
4. Mobile Health Market Segmentation
4.1 Introduction
4.2 Monitoring and Diagnostic Medical Device and Service
4.2.1 Cardiac Monitors
4.2.2 Diabetes Management Devices
4.2.3 Multi-Parameter Trackers
4.2.4 Diagnostic Device
4.2.5 Others
4.3 Mobile Healthcare Apps
4.3.1 Exercise
4.3.2 Weight Loss
4.3.3 Women's Health
4.3.4 Sleep Monitoring
4.3.5 Medication Management
4.3.6 Others
4.4 By Services
4.4.1 Healthcare System Strengthening Services
4.4.1.1 Healthcare System Strengthening Services
4.4.1.2 Others
5. North America Mobile Health Market- Country-Wise Analysis
5.1 USA
5.2 Mexico
5.3 Canada
6. Competitive Landscape
6.1 Introduction
6.2 New Product Launches
6.3 Agreements, Partnerships, Collaborations & Joint Ventures
6.4 Mergers & Acquisitions
6.5 Recommendations for New Players
6.6 Recommendations for Existing Players
7. Company Profiles
7.1 AT&T
7.2 Apple
7.3 Vodafone
7.4 Qualcomm Life
7.5 Cardionet, Inc
7.6 Ihealth Lab, Inc.
7.7 Medtronic, Inc.
7.8 Philips Healthcare
7.9 Samsung Electronics Co. Ltd.
8. Appendix
8.1 Abbreviations
8.2 Sources
8.3 Bibliography
8.4 Disclaimer
