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M-Health Device Market is Booming Worldwide

• Mhealth field has emerged as a sub-segment of eHealth, the use of information and communication technology (ICT), such as computers, mobile phones, communications satellite, patient monitors, etc., for health services and information.
• According to an analyst firm, around 2.8 million patients worldwide were using a home monitoring service based on equipment with integrated connectivity

By Orian Research on February 21, 2020

According to a Latest market research report titled, ‘M-Health Device Market’, added on Orian Research. The report has been processed on the basis of a comprehensive analysis with inputs from industry experts. The report presents the market scenario and its potential growth prospects during the forecast period. The report also presents the evaluation of the competitive landscape of the market. The leading strategies, collaborations, innovations, and market revenue of the major players has been elaborated in this report. The approvals and insights on the top companies prevalent in the market will enable the reader to get accustomed with the market opportunities that they can tackle with informed and favorable business strategies

mHealth is an abbreviation for mobile health, 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, and wearable devices such as smart watches, for health services, information, and data collection. The mHealth field has emerged as a sub-segment of eHealth, the use of information and communication technology (ICT), such as computers, mobile phones, communications satellite, patient monitors, etc., for health services and information.

According to an analyst firm, around 2.8 million patients worldwide were using a home monitoring service based on equipment with integrated connectivity at the end of 2013. The figure does not include patients that use monitoring devices connected to a PC or mobile phone. It only includes systems that rely on monitors with integrated connectivity or systems that use monitoring hubs with integrated cellular or fixed-line modems.

Global M-Health Device Industry 2020 Market Research Report is spread across 95 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. The report focuses on global major leading M-Health Device Industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information.

The M-Health Device market report is a collection of the first-hand data, subjective, and quantitative assessment by industry experts and professionals, contributions from industry specialists and industry participants over the value chain. The report consists of a detailed analysis of the industry growth trends, micro- and macroeconomic components, and governing factors, along with the market attractiveness, within the market segments. The report likewise maps the subjective impact of the different market factors on the market segments, sub-segments, and geographies.

Major Players in M-Health Device Market are:
• Allscripts
• Apple
• Athenahealth
• Cerner
• Ge Healthcare
• Philips
• Medtronics

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of M-Health Device market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research.

All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

Source: https://www.instanttechnews.com/technology-news/2020/02/21/m-health-device-market-is-booming-worldwide-technology-trends-players-allscripts-apple-athenahealth-cerner-ge-healthcare-philips-medtronics/

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

mHealth Market Is Generating Revenue of $10.5 billion by 2020, at CAGR 33.5% Growth Rate

• Global mHealth market was valued at $10.5 billion in 2014 and is expected to grow at a CAGR of 33.5% during 2015-2020.

Mobile health provides health service and information through mobile communication devices to address the health priorities and concerns. The advanced mobile and wireless technologies have transformed the face of healthcare services across the globe and are rendering the growth of mHealth market.

Moreover, the continued growth in coverage of mobile cellular networks, rapid advances in mobile technologies & applications, increasing lifestyle diseases and growing awareness among patient population in emerging economies, are some of the key factors fostering the growth of mHealth market. On contrary, the lower accuracy of the devices, technology’s infancy in middle and lower income economies, weak reimbursement coverage, uncertainty in government regulations in certain regions, and low adoption among ageing population is hampering the market growth to a certain extent.

The major chunk of mHealth devices market – i.e. ~71% – is collectively commanded by BP monitors, blood glucose monitors and cardiac monitors. The largest share of these monitors can be attributed to increased affordability of mobile compatible devices, integration of innovative technologies in monitoring devices and the increasing lifestyle disease such as diabetes, stroke, COPD, ischemic heart to name a few. Within mHealth services, diagnostic, monitoring and treatment services collectively hold about 74% of the market. The rapid growth of mHealth services market is attributed to rising government initiatives, increasing mHealth awareness programs in underdeveloped regions etc.

Geographically, North America and Europe constitute the two largest markets for mHealth and collectively accounted for 67% of the market revenue in 2014. They are expected to continue its hold on the global market throughout the forecast period. Early adoption of innovative technology, large patient population and high capacity to pay for services are some of the key factors responsible for the growth of mHealth market in these regions. However, the market outlook across developing economies is looking favorable and strong owing to the increasing awareness of chronic diseases, favorable government regulations and increased healthcare expenditure. Philips healthcare, Bayer Healthcare and Sanofi are some of the key companies enjoying a strong foothold in mHealth market, especially in Asian countries.

Source: https://www.openpr.com/news/1925119/mhealth-market-is-generating-revenue-of-10-5-billion-by-2020

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

Scripps Researchers Use mHealth Wearables to Track Flu Outbreaks

The study used data from Fitbit users over two years to determine who was experiencing a flu-like illness. It shows that mHealth wearables could be used to identify and possibly even anticipate viral outbreaks.

• Led by digital health expert Eric Topol, MD, researchers at the Scripps Research Translational Institute used data from roughly 50,000 people wearing Fitbits between 2016 and 2018 and were able to plot outbreaks of seasonal respiratory infections like the flu.
• Researchers found they could identify and possibly even anticipate an outbreak by the activities of Fitbit users who became sick.

By Eric Wicklund

January 17, 2020 – Researchers have found a way to use mHealth wearables to tackle population health concerns.

Led by digital health expert Eric Topol, MD, researchers at the Scripps Research Translational Institute used data from roughly 50,000 people wearing Fitbits between 2016 and 2018 and were able to plot outbreaks of seasonal respiratory infections like the flu.

The first-of-its-kind study tracked sleep patterns, resting heart rate (RHR) and activity among users in Texas, California, New York, Illinois and Pennsylvania, and compared that data to influenza-like illnesses (ILIs) recorded by the US Centers for Disease Control in those states.

Researchers found they could identify and possibly even anticipate an outbreak by the activities of Fitbit users who became sick. People who develop the flu, they noted, tend to have an elevated RHR, sleep more and move around less.

“Activity and physiological trackers are increasingly used in the USA and globally to monitor individual health,” Topol and his colleagues said in a study published this week in The Lancet. “By accessing these data, it could be possible to improve real-time and geographically refined influenza surveillance. This information could be vital to enact timely outbreak response measures to prevent further transmission of influenza cases during outbreaks.”

Joining Topol in the research were Jennifer M. Radin, PhD; Nathan E. Wineinger, PhD, and Steve R. Steinhubl, MD, all of the San Diego-based organization, which has conducted dozens of mHealth and telehealth studies over the past decade.

This study, funded in part by the National Institutes of Health, aims to improve population health management for a virus that annually affects 20 percent of children and 7 percent of adults in the US, and which causes as many as 650,000 deaths worldwide. Traditional surveillance methods usually lag one to three weeks behind the outbreak, putting healthcare providers at a disadvantage in curbing the spread of the virus.

Topol and his colleagues are looking at mHealth to reduce that disadvantage and give providers and public health officials an opportunity to stop and outbreak earlier.

There are some challenges. While roughly 10 percent of the US population, according to a 2016 study, now uses wearables, that percentage has to be higher to make the results more meaningful. In addition, any connected health platform used to gather data shoud be able to draw information from a wide variety of wearables, including smart watches and smart clothing.

And finally, such a platform would need to be careful to distinguish behaviors caused by the onset of the flu with normal behaviors, and sensitive enough to detect those changes in behavior at the earliest possible moment.

“In the future, wearables could include additional sensors to prospectively track blood pressure, temperature, electrocardiogram, and cough analysis, which could be used to further characterize an individual’s baseline and identify abnormalities,” the study concluded. “Capturing physiological and behavioral data from a growing number of wearable device users globally could greatly improve timeliness and precision of public health responses and even inform individual clinical care. It could also fill major gaps in regions where influenza surveillance data are not available.”

Source: https://mhealthintelligence.com/news/scripps-researchers-use-mhealth-wearables-to-track-flu-outbreaks