North America mHealth Market Outline Analysis:
The North America mHealth
market is expected to witness a steady pace over the forecast period. The
market shares are estimated to reach USD 53,913.7 million by 2025 from USD
10,655.4 million in 2018. The mhealth market in North America is predicted to
grow at a CAGR of 26.69% in this period.
Health-related technologies and applications often help to
make a patient-care experience known as mHealth. These technologies and mobile
applications for health take advantage of advanced data analysis and support to
better treat patients with affordable care costs. These mobile applications for
health facilitate care through simple applications such as diet calculations,
calorie exercise and tracking.
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America mHealth Market Research
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Drivers, Challenges
and Opportunities of North America mHealth
Market:
Increased costs associated with increased use of medical
devices and mobile health applications, increase in various chronic diseases, increasing
interest in the demand for patient-centered health services and services for
remote patient monitoring, are among the key factors driving the growth of the
mobile health market in the North American region. The penetration of mobile
phones in developing countries has increased drastically. Mobile phone users
are increasing due to the adoption of mobile applications that can quickly move
to a profitable 3G and 4G spectrum and other medical devices and related
smartphones.
Higher costs due to new technologies and medications for
automobiles, supplies and medical services and higher administrative costs are
restraining the growth of the market. We have achieved a significant
participation in the various strategic associations adopted by the players of
the mHealth market worldwide, gaining popularity taking advantage of new
opportunities and acquiring the latest technologies and tools. Among the main
suppliers, there is a higher level of competition than the use of technology,
such as the use of smart devices and increased preparation.
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Geographic Statistics
of North America mHealth Market
Geographically, North America accounted for highest share of
around 37.8% of the mHealth market. The dominant position in this market is
mainly due to the increase in health spending, the increase in the large
population, the rise in chronic diseases and changes in lifestyle trends, along
with the consumer access to connected medical devices. Since chronic diseases
increase among large population, the demand for remote monitoring devices and
various mobile health applications increases.
Key market players Operating
in this North America mHealth Market are:
AT & T Apple Inc.; AllScripts Medical Solutions; AirStrip Technologies;
Orange; Google Inc.; Qualcomm Inc.; mQure; Softserve; Telephone; Samsung
Electronics; And the Vodafone group.
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