The market for monitoring and diagnostic devices and services is
estimated to be USD 3.62 billion in 2014 and is expected to reach USD 24
billion by 2019 with a CAGR of 46% during the period (2017 - 2022).
Global mHealth Monitoring & Diagnostic Devices and Services Market- Market Dynamics
It is estimated that three million patients worldwide are connected to some form of remote monitoring device at home and monitored by a professional caregiver. The report details several factors driving and restraining the market. Some of these are listed below.
Global mHealth Monitoring & Diagnostic Devices and Services Market- Market Dynamics
It is estimated that three million patients worldwide are connected to some form of remote monitoring device at home and monitored by a professional caregiver. The report details several factors driving and restraining the market. Some of these are listed below.
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Drivers
Some of the factors responsible for a decade of impressive growth of the market are:
Technological advances that can track patient health and inform about any vital changes in the body
Vital sign monitoring devices
In-vitro diagnostic devices
Rising patient awareness for chronic diseases
Increasing usage of mobile phones for healthcare
Some of the factors responsible for a decade of impressive growth of the market are:
Technological advances that can track patient health and inform about any vital changes in the body
Vital sign monitoring devices
In-vitro diagnostic devices
Rising patient awareness for chronic diseases
Increasing usage of mobile phones for healthcare
Restraints
In spite of the scope for growth, there are factors restraining the market. These include:
Limited funding
Stringent regulatory norms from the government
Security concerns to maintain a secure infrastructure for the data collected from the patients
The market is segmented into cardiac monitors, diagnostic devices, diabetes management devices, and multi-parameter trackers. By geography, the market is segmented into North America, Europe, Asia-Pacific and RoW (Rest of the World). By 2017, the largest market for monitoring and diagnostic device and services will be Europe and Asia-pacific (APAC) with 30% of the market share, followed by North America (USA/ Canada) with 28% of the market share.
In spite of the scope for growth, there are factors restraining the market. These include:
Limited funding
Stringent regulatory norms from the government
Security concerns to maintain a secure infrastructure for the data collected from the patients
The market is segmented into cardiac monitors, diagnostic devices, diabetes management devices, and multi-parameter trackers. By geography, the market is segmented into North America, Europe, Asia-Pacific and RoW (Rest of the World). By 2017, the largest market for monitoring and diagnostic device and services will be Europe and Asia-pacific (APAC) with 30% of the market share, followed by North America (USA/ Canada) with 28% of the market share.
Among the various categories in monitoring and diagnostic devices and
services market, monitoring services will account for the largest share
globally, corresponding to about USD 15 billion in 2019. The market is
primarily driven by solutions that aid chronic disease management and
independent aging. Diagnosis services are expected to comprise nearly 15% of
the mobile health market, corresponding to almost USD 3.4 billion in 2017, with
most of the revenues coming from developing countries. Diagnosis services are
expected to support developing countries in the healthcare sector.
Some of the key
players in the market are:
Cardiac Science Corporation
Cardionet, Inc.
Ecardio Diagnostics, LLC
Lifewatch AG
Medtronic, Inc.
Philips Healthcare
Cardiac Science Corporation
Cardionet, Inc.
Ecardio Diagnostics, LLC
Lifewatch AG
Medtronic, Inc.
Philips Healthcare
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What the Report
Offers
Market definition for the global mobile health monitoring and diagnostic devices and services market with information on drivers and restraints.
Market analysis for the global mobile health monitoring and diagnostic devices and services market.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
Extensively researched competitive landscape with profiles of major companies along with their market share.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
We provide you the longest market segmentation by monitoring and diagnostic device involving cardiac monitors, diabetes management devices etc.
A comprehensive analysis of the major trends, innovations and associated prospects for market growth over the coming half a decade.
Wide-ranging information provided about the leading market players, major strategies adopted by them and new products launched by them.
Market definition for the global mobile health monitoring and diagnostic devices and services market with information on drivers and restraints.
Market analysis for the global mobile health monitoring and diagnostic devices and services market.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
Extensively researched competitive landscape with profiles of major companies along with their market share.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
We provide you the longest market segmentation by monitoring and diagnostic device involving cardiac monitors, diabetes management devices etc.
A comprehensive analysis of the major trends, innovations and associated prospects for market growth over the coming half a decade.
Wide-ranging information provided about the leading market players, major strategies adopted by them and new products launched by them.
Browse Complete Report @ http://www.orbisresearch.com/reports/index/global-mobile-health-monitoring-diagnostic-devices-and-services-market-growth-trends-and-forecasts-2017-2022 .
Some points from TOC:
1. Introduction
1.1 Report Description
1.2 Major Stakeholders
1.3 Research Methodology
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
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
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