Mobile Health Monitoring Market Overview
Information Technology has had an undeniably massive impact on improving organizational efficiency and effectiveness. Many industries have adopted it wholeheartedly to maintain their current market position or to improve it. Healthcare is no exception to this change.
Read more: Mobile Health Monitoring Market throughout the Foreseeable Period 2017 – 2025
The global mHealth market size is expected to reach USD 49.12 billion by 2020, growing at a CAGR of 47.6% from 2013 to 2020, according to a new report by Grand View Research, Inc. Monitoring services is expected to grow at an estimated CAGR of 49.7% from 2014 to 2020.
Growing aging population along with rising incidences of chronic diseases such as cancer, heart ailments, and diabetes is anticipated to drive market demand. Introduction of new generation connected medical devices; healthcare providers find it easy to offer medical services at reduced costs.
Read more: mHealth Market Anticipated To Grow To $49.12 Billion by 2020: Grand View Research, Inc.
Authorities and tech developers must stop sensitive health data entered into applications on mobile phones ending up in the wrong hands, experts warn.
As wireless telecom companies gathered in Barcelona this week at the Mobile World Congress, the sector's biggest trade fair, specialists in "e-health" said health care is fast shifting into the connected sphere.
Read more: mHealth: Health checks by smartphone raise privacy concerns
Mobile communication devices such as mobile phones and tablets have become an inseparable part of our daily life. In addition to the main intended task, communication, these devises can effectively be used to improve health of communities and to reduce the burden of major health issues such as maternal and child health.
Using mobile communication in health care is called mHealth, the most recent health approach preceding teleHealth and eHealth. mHealth (also written as m-health) is a term used for the practice of medicine and public health supported by mobile devices. The term is most commonly used in reference to using mobile communication devices, such as mobile phones, tablet computers and PDAs, for health services and information. mHealth applications include the use of mobile devices in collecting community and clinical health data, delivery of healthcare information to practitioners, researchers, and patients, real-time monitoring of patient vital signs, and direct provision of care.
The United Nations reports that a child born in the developing world is 33 times more likely to die by age five than a child born in the U.S. or in Germany. Tragically, the leading causes of death are entirely preventable. Given the shortage of healthcare providers worldwide and the explosive proliferation of mobile phones, devices, and apps, mobile health technology offers the tremendous opportunity to help improve health in developing countries. How can we best leverage mobile health technology to help save lives and empower communities? Is there a role for human rights advocacy in the campaign to increase access to quality care? And, what lessons can the West learn from the developing world to solve the problems of access, affordability, and even innovation? On Wednesday, October 22, 2014, experts will convene at the German Center for Research and Innovation in New York to address these and other pertinent questions about the use of technology to solve the global healthcare crisis.
Read more: Healthcare Delivery to Developing Countries Using Mobile Technology