Global Mobile Health Care Devices Market: Overview
Health care quality, access, and affordability are problems throughout the globe. There are well-established differences in health care based on geography and income. High costs of health care are present challenges for millions of individuals. A large number of people do not receive the quality of health care that they need. Mobile health care technology provides ways to help with these issues by providing various health care applications such as sensors, remote patient monitoring products, medical devices, and mobile health applications. There are opportunities through which health care distribution can be enriched. Mobile health care technologies can help lower costs by simplifying the delivery of care and connecting people to their health care suppliers. Applications allow both providers and patients to access lab tests, reference materials, and medical histories using mobile health care devices.
Global Mobile Health Care Devices Market: Key Trends
Moreover, an increase in the use of mobile health care devices by health care authorities, rise in investments for research and development, and increased demand for advanced health care facilities have transformed many features of medical practice. Mobile health care devices have become usual in health care facilities, leading to rapid growth in the development of the global mobile health care devices market. The demand for self-monitoring and user-friendly devices has increased in the past few years, due to increase in the prevalence of chronic disorders such as respiratory diseases, diabetes, heart problems, and hypertension and associated mortality and morbidity rates. Health care applications based on personal health care records (PHR), lifestyle, nutrition, well-being, and personal management systems provide health records and medicine reminders via a single text or through online treatments. Mobile health care devices have generated a positive influence on health care devices such as ECG monitors, multiparamete trackers, blood pressure & cardiac monitors, glucose trackers, pulse oximeters, neurological monitoring devices, sleep apnea devices, and other health care mobile devices.
Global Mobile Health Care Devices Market: Segmentation
The global mobile health care devices market can be segmented based on product, application, end-user, and region. Based on product, the global mobile health care devices market can be segmented into blood pressure monitors, pulse oximeters, neurological monitors, ECG monitors, sleep apnea meters, blood glucose meters, cardiac monitors, heart rate meters, peak flow meters, and others. In terms of application, the global mobile health care devices market can be categorized into chronic care management, fitness, nutrition, general health, women’s health, medical management, and others. The chronic care management segment can be categorized into blood pressure monitoring, mental health & behavioral disorders management, cancer management, diabetes management, and others. Based on end-user, the global mobile health care devices market can be categorized into home health care, hospitals, specialty clinics, diagnostic laboratories, academic & research institutions, ambulatory surgical centers, and others
Global Mobile Health Care Devices Market: Regional Analysis
In terms of region, the mobile health care devices market can be segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The mobile health care devices market in North America is segmented into the U.S. and Canada. The mobile health care devices market in Europe is segmented into the U.K., Germany, France, Italy, Spain, and Rest of Europe. The mobile health care devices treatment market in Asia Pacific is further segmented into China, Japan, India, Australia & New Zealand, and Rest of Asia Pacific. The mobile health care devices market in Latin America is classified into Mexico, Brazil, and Rest of Latin America. The mobile health care devices market in Middle East & Africa is segmented into South Africa, Saudi Arabia, Israel, and Rest of Middle East & Africa. North America dominated the global mobile health care devices market, owing to the presence of a large number of manufacturers and increase in awareness about the upcoming mobile health care devices. The market in Asia Pacific is expected to expand at a rapid pace during the forecast period, due to an increase in disposable income of individuals, rise in demand for better health care infrastructure, increase in investment, and initiatives by governments to provide better health care facilities in the region.
Global Mobile Health Care Devices Market: Competitive Landscape
Key players operating in the global mobile health care devices market are Medtronic, AirStrip Technologies, AliveCor, Inc., LifeWatch, Koninklijke Philips N.V., BioTelemetry, Inc., AgaMatrix, iHealth Labs Inc., Cisco Systems, Inc., Mobisante, and OMRON Corporation.