Increasing Smartphone Penetration Responsible for mHealth Market Boom
by Vijay K. Web MarketingMobile phones have become an intrinsic part of
people’s everyday life, being used for a lot more than making calls. The real
revolution in mobile phone usage was brought upon by smartphones, which let
people access the internet, make restaurant and hotel bookings, check the
weather, send and receive mails, and a lot more. With time, mobile
communication devices have also become a popular means for people to avail of
certain healthcare and medical services, with the concept being termed mobile
health or mHealth. According to the U.S. Food and Drug Administration (FDA), 3.7
billion people with tablets or smartphones downloaded healthcare applications
in 2017.
In the coming years, the adoption of connected glucose
monitors would increase the most rapidly among all such devices, on account of
the rising prevalence of diabetes. As per the World Health Organization, 422
million people across the world suffer from this common condition, wherein
either the body develops insulin resistance or the pancreas stop producing the
hormone altogether. The major causes of diabetes are age and obesity; the WHO
reports that in every 10 people, one person is obese. Additionally, as per the
United Nations, from 703 million in 2019, the population of people above the
age of 65 would surge to 1.5 billion by 2050.
Around the world, North America is currently the
largest user of mHealth apps, devices, and services, owing to the fact that its
IT and telecom infrastructure is quite advanced and the major companies in the
industry here are engaged in R&D. Owing to similar reasons, Asia-Pacific
(APAC) is predicted to observe the fastest mHealth market growth in the
coming years. Additionally, several companies based in Europe and North America
are targeting the untapped customers here, which would further drive the
popularity of the concept in the coming years.
Browse full report at: https://www.psmarketresearch.com/market-analysis/mobile-healthcare-market
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Created on Sep 25th 2020 04:00. Viewed 247 times.