Showing posts from December, 2013

Biomarker Market for Diagnostic Applications is Expected to Reach $30.6 Billion Globally by 2020

Global Mobile Health (mHealth) market will reach $58.8 billion by 2020 - Allied Market Research

Allied Market Research published the new research report titled “mHealth Market (Devices, Applications, Services & Therapeutics) - Global Mobile Healthcare Industry Size, Analysis, Share, Growth, Trends and Forecast, 2012 - 2020” which established that the global mHealth market was worth $6.7 billion in 2012 and will reach $58.8 billion in 2020, growing at a CAGR of 32.3% from 2013 to 2020. The growth will be largely fueled by the growing per capita healthcare expenditure in advance developing countries coupled with increasing incidences of lifestyle driven diseases.
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The global mHealth market is going through a series of changes largely driven by the increasing adoption of smartphones and the growing number of mobile health applications. There is a growing preference for monitoring services as compared to other services and applications due to the rising incidences of chronic diseases such…