Asia Pacific mHealth Market Size analysis:
The Asia Pacific mHealth
market was estimated at USD 4,449 million in 2018 and is
likely to garner USD 36,581 million by 2025, increasing
at a CAGR of 28% during the forecast period.
Increasing awareness among
the users about healthcare is one of the major factors that are tied for the
development of the mHealth market in the Asia Pacific region. In extension to
this, various mergers and acquisitions by market players are also set to
increase the market demand. For example, in July 2018, Cisco purchased
Observable Systems, the network security startup. In extension, in June 2017,
Actelion was taken by Johnson & Johnson, thereby, boosting the mHealth
market.
Browse details of 150
number of pages research report developed on Asia
Pacific mHealth Market Research Report @ https://www.researchcosmos.com/reports/asia-pacific-mhealth-market/1095479789
Asia Pacific mHealth Market Growth Drivers and
Insights:
According to the National Institute of Health, India and China are the two highest populated nations,
with an estimated diabetes count of 150 million patients. Thus, the necessity
for routine health monitoring and treatment would be addressed by the launch of
smartphone-based medical devices. This increase is primarily driven by active
government initiatives and the rising adoption of smartphones in the
Asia-pacific region. Presently, the market is observing a resurgence due to the
increasing disposable incomes and the increasing adoption of mobile phones.
Furthermore, a similar trend is observed in developing countries like India and
Indonesia. Nevertheless, factors such as consumer’s affordability, access to
healthcare assistance and inaccuracy in results arising from discrepancies in
devices would restrict the growth of the market.
The circumstances fueling the
mHealth market are growing penetration of smartphones, increasing focus on
patient-centric healthcare delivery, improving utilization of connected
devices, and robust penetration of 4G & 3G networks for uninterrupted
healthcare services. Additionally, price containment in healthcare has also
encouraged the market growth. Nevertheless, low guidance from physicians in
selecting apps and resistance from established healthcare providers acts as a
restraint of the market growth. Furthermore, increasing incidence of lifestyle
disorders and increasing adoption of mHealth solutions in other mobile
platforms are anticipated to create ample possibilities in the APAC mHealth
market.
Ask Free Sample of
the Report @ https://www.researchcosmos.com/request/asia-pacific-mhealth-market/1095479789
Regional Analysis of Asia Pacific mHealth Market:
Asia Pacific is anticipated
to witness the highest growth rate during the forecast period, due to the
increasing awareness of diseases among the people and great market penetration
of mobile platforms in the region. In Asia Pacific, nations, like China and
Japan, have been identified as potential developing markets, due to high
R&D investments.
Major players operating in the mHealth
market are Dexcom, Withings,
Inc., Apple Inc., FitBit, Inc., Jawbone, Ginger.io, Inc., Proteus Digital
Health, Omada Health, Inc., WellDoc, Inc., Livongo Health, Noom, Inc.,
Propeller Health, Canary Health, 2Morrow, Inc., Mango Health, BiogeniQ Inc.,
Pear Therapeutics, Inc., BioTelemetry, Inc., Digital Therapeutics, and others.
For any queries,
inquire more @ https://www.researchcosmos.com/inquire/asia-pacific-mhealth-market/1095479789
About Us:
Research Cosmos is a provider of standard and customized
Industry research, business intelligence and consulting services across more
than 100 domains in different industries of the world. We host the trending
Industry reports of the world’s top-notch publishing companies, offering
services to a wide range of customers from students to fortune 500 companies
and discloses the hidden opportunities in every leading industry of the world.
Contact:
Kevin Stewart
kevin@researchcosmos.com
Global Sales Manager
Research Cosmos
+1 888 709 8757
No comments:
Post a Comment