The article cited AMA's Global mHealth Solutions Market Study explored significant growth with CAGR of 26.8%. According to the report, Robust Penetration of 3G and 4G Networks for Uninterrupted Healthcare Services
is one of the primary growth factors for the market. Growing Focus on Patient-Centric Healthcare Delivery
is also expected to contribute significantly to the mHealth Solutions market. Overall, General Healthcare and Fitness
applications of mHealth Solutions, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models a trend that will continue in the future.
AMAs Analyst on the Global mHealth Solutions Market identified that the demand is rising in many different parts of the world due to "Growing Adoption of Mhealth Solutions in Other Mobile Platforms
". Furthermore, some recent industry insights like "In February 2019, AT&T and VITAS Healthcare, the nation’s leading provider of end-of-life care has launched a study that proposes to combine 5G with virtual reality/augmented reality (VR/AR) to test if it can help decrease chronic pain as well as anxiety for certain hospice patients. The study intentions to evaluate a potential alternative therapy that is easier for caregivers to implement at a time and place that makes the patient most relaxed during this most tough time." is constantly making the industry dynamic. One of the challenges that industry facing is "Patent Protection for mHealth Devices and Applications, Lack of Data Security Giving Rise to Concerns Regarding Data Theft and Healthcare Fraud and Patent Protection for mHealth Devices and Applications"
The Deployment Mode, such as On-Premises, is boosting the mHealth Solutions market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End User, such as Physicians, is boosting the mHealth Solutions market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global mHealth Solutions market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the mHealth Solutions market and other related sub-markets covered in the study.
o Key & emerging players in the mHealth Solutions market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall mHealth Solutions market size is calculated using market estimation process, the mHealth Solutions market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global mHealth Solutions market size has been validated using both top-down and bottom-up approaches.