JSB Market Research: mhealth Apps & Solutions Market By Connected Devices, Health Apps, Medical Apps - Global Trends & Forecast to 2018

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mHealth is a successful integration of mobile technology and healthcare services that entail a revolution in the global healthcare solutions market. The global mHealth market is estimated to be valued at $6.6 billion in 2013 and is expected to reach $20.7 billion by 2018 at a healthy CAGR of 25.5%.

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  • Email ID- contact@jsbmarketresearch.com Tel No- 91 2241236650 Published by- http:/www.jsbmarketresearch.com/

    JSB Market Research: mhealth Apps & Solutions Market By Connected Devices, Health Apps, Medical Apps - Global Trends & Forecast to 2018

    On 10th July 2014

    Summary

    We added latest healthcare market research titled "mhealth Apps & Solutions Market By Connected Devices, Health Apps, Medical Apps" in our database. mHealth is a successful integration of mobile technology and healthcare services that entail a revolution in the global healthcare solutions market. The global mHealth market is estimated to be valued at $6.6 billion in 2013 and is expected to reach $20.7 billion by 2018 at a healthy CAGR of 25.5%.

    The mobile healthcare market is broadly categorized into connected medical device and healthcare applications; the former dominates the revenue market with around 80% in 2013. The connected devices market is segmented into cardiac monitoring, diabetes management devices, multi-parameter tracker, and

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    other devices like sleep apnea devices, and respiratory monitors. Connected cardiac monitoring devices contributed the maximum to this market, followed by diabetes management devices, and multi-parameter trackers. The highest growth will be witnessed by the diabetes management devices market during the forecast period, majorly due to the increasing global burden of diabetic population.

    The healthcare applications market is classified into health apps and medical apps. Health apps are segmented into exercise, weight loss, womens health, sleep and meditation, medication reminder and other apps, whereas the medical apps market is segmented into medical reference, and other applications like apps for mental health, dermatological treatment, and emergency response. Despite the higher download volume of healthcare applications, revenue contribution of apps is not significant since the majority of applications are free and paid apps cost between $1 and $2 each. The healthcare apps market is dominated by exercise apps with just less than one-fifth of the share. Sleep and meditation, and weight loss apps are expected to grow at the highest CAGR during the forecast period.

    Analysis of market dynamics reveals that the major drivers of this market include increasing awareness of chronic diseases, growing adoption of smartphones, high penetration of 3G and 4G network, advanced mobile connectivity, and a promise of better healthcare cost-efficiency. On the other hand, stringent regulations by the FDA and the EU, and data insecurity hinder market growth. Low patient-doctor ratio in underdeveloped countries such as Africa and other potential mHealth platforms such as smart TV increase the scope of mHealth penetration globally.

    The trend of venture capital investment presents a significant development in the mobile platform for healthcare solutions and data security. In 2012, monitoring segment, healthcare IT, and consumer apps fetched the maximum venture capitals. Benchmarking strategy analysis reveals market preference towards providing comprehensive solutions with an integrated platform. The connected device market is also expected to amalgamate with companion apps to offer better healthcare solutions.

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    North America holds the largest share of the global mHealth market in 2013. It is estimated to be valued at $2.9 billion in 2013, while Europe and Asia will witness potential growth due to significant adoption of mobile health technology and government initiatives. U.K. India, China, Japan, Africa, and Australia are the major contributors amongst all emerging countries in 2013.

    The mHealth market is highly fragmented and enriched with many healthcare as well as non-healthcare players. Philips (The Netherlands), Medtronic (U.S.), Nike (U.S.), Omron (Japan), and Alere (U.S.) contribute significantly to the global mHealth market with the technical integration of mobile network providers such as AT&T (U.S.), Qualcomm (U.S.), Cerner (U.S.), and Diversinet (Canada).

    Table of Contents:

    1 INTRODUCTION 21

    1.1 KEY TAKE-AWAYS 21

    1.2 REPORT DESCRIPTION 21

    1.3 MARKETS COVERED 23

    1.4 STAKEHOLDERS 24

    1.5 MARKET SCOPE 24

    1.6 RESEARCH METHODOLOGY 25

    1.6.1 MARKET SIZE ESTIMATION 27

    1.6.2 MARKET CRACKDOWN & DATA TRIANGULATION 28

    1.6.3 KEY DATA POINTS FROM PRIMARY SOURCES 30

    1.6.4 KEY DATA POINTS FROM SECONDARY SOURCES 31

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    1.6.5 ASSUMPTIONS 32

    2 EXECUTIVE SUMMARY 33

    3 MARKET OVERVIEW 37

    3.1 MOBILE HEALTHCARE ECOSYSTEM 38

    3.1.1 DEVICE MANUFACTURERS 39

    3.1.2 APPLICATION DEVELOPERS 39

    3.1.3 NETWORK PROVIDERS 39

    3.1.4 HEALTHCARE PROVIDERS 40

    3.2 MARKET SEGMENTATION 40

    3.3 MARKET DYNAMICS 42

    3.3.1 DRIVERS 43

    3.3.1.1 Growing adoption of smartphones, tablets, and PDA to goad mobile technology in healthcare 43

    3.3.1.2 Increasing awareness of chronic diseases management to elicit the need for continuous monitoring 43

    3.3.1.3 Advanced connectivity to enhance the quality of healthcare solution 44

    3.3.1.4 Robust penetration of 3G and 4G network to provide uninterrupted healthcare services 45

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    3.3.1.5 Better cost efficiency to encourage medical professionals adopting mHealth solutions 45

    3.3.2 RESTRAINTS 46

    3.3.2.1 Stringent regulations to prolong the introduction phase 46

    3.3.2.2 Data insecurity to affect credibility 46

    3.3.3 THREATS 47

    3.3.3.1 Rapid evolution of technologies challenging existing mHealth solutions 47

    3.3.3.2 iOS-based business model restricting mHealth audience 47

    3.3.4 OPPORTUNITIES 48

    3.3.4.1 Inappropriate patient-doctor ratio in underdeveloped countries to welcome remote monitoring 48

    3.3.4.2 Expansion in the mHealth solution providing medium from smartphones to other mobile options 48

    3.4 PRODUCT LIFE CYCLE ANALYSIS 49

    3.4.1 APPS MARKET IS IN INTRODUCTION PHASE, CONNECTED DEVICE HAS ENTERED GROWTH PHASE 49

    3.5 MARKET CHASM ANALYSIS 50

    3.6 REGULATORY AFFAIRS 52

    3.6.1 MOBILE MEDICAL APPS ALSO REQUIRE FDA APPROVAL 52

    3.7 VENTURE CAPITAL ANALYSIS 55

    3.7.1 HEALTHCARE IT SERVICE FETCHED THE MAXIMUM SUPPORT FROM VCS 55

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    3.8 STRATEGIC BENCHMARKING 57

    3.8.1 SOLUTION ENHANCERS 57

    3.8.2 HEALTHCARE PROVIDERS 58

    3.9 MARKET SHARE ANALYSIS 59

    4 MOBILE HEALTHCARE SOLUTIONS 60

    4.1 INTRODUCTION 61

    4.2 CONNECTED MEDICAL DEVICES 63

    4.2.1 CARDIAC MONITORS CONTRIBUTE THE LARGEST TO THE CONNECTED DEVICES MARKET 64

    4.2.2 CARDIAC MONITORS 68

    4.2.3 DIABETES MANAGEMENT DEVICES 70

    4.2.4 MULTI-PARAMETER TRACKERS 72

    4.2.5 OTHERS 75

    4.3 HEALTHCARE APPLICATIONS 77

    4.3.1 THE APPLICATIONS DOWNLOAD MARKET IS DOMINATED BY HEALTH APP 77

    4.3.2 APPLICATION DOWNLOAD REVENUE MARKET IS COMPLEX 77

    4.3.3 APPLICATION FOR PATIENT (HEALTH APP) 81

    4.3.3.1 Exercise apps contribute the largest to the health apps market 82

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    4.3.3.2 Exercise 83

    4.3.3.3 Weight Loss 85

    4.3.3.3.1 Weight loss apps market to grow at a brisk pace 85

    4.3.3.4 Womens Health 87

    4.3.3.5 Sleep Monitoring 89

    4.3.3.6 Medication Management 92

    4.3.3.7 Others 95

    4.3.4 APPLICATION FOR PROFESSIONALS (MEDICAL APP) 96

    4.3.4.1 Medical Reference 98

    4.3.4.2 Others 100

    5 GEOGRAPHIC ANALYSIS 102

    5.1 INTRODUCTION 103

    5.2 NORTH AMERICA 108

    5.2.1 STRONG INVESTMENT BY QUALCOMM LIFE SUPPORTING START-UPS 108

    5.2.2 STRINGENT REGULATION CURBING THE PACE OF HEALTHCARE APPS 108

    5.2.3 CANADIAN MARKET YET TO EMBRACE MOBILE TECHNOLOGY 109

    5.3 EUROPE 116

    5.3.1 U.K. MARKET ON THE RISE BY NHS INITIATIVES 116

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    5.3.2 ORANGE AND MORPHO INTRODUCING HEALTHCARE DATA MOBILITY 116

    5.4 ASIA 124

    5.4.1 NTT DOCOMO ACCELERATING JAPAN MARKET 124

    5.4.2 SEVERAL INITIATIVES BOOSTING INDIAN M-HEALTH MARKET 125

    5.5 ROW 132

    5.5.1 MULTIPLE INITIATIVES TO BOOST THE AFRICAN MARKET 132

    5.5.2 GOVERNMENT OF AUSTRALIA TAKES SIGNIFICANT INITIATIVES 133

    6 COMPETITIVE LANDSCAPE 141

    6.1 INTRODUCTION 141

    6.2 NEW PRODUCT LAUNCH 143

    6.3 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS &

    JOINT VENTURES 153

    6.4 MERGERS & ACQUISITIONS 161

    6.5 EXPANSION 164

    6.6 OTHER DEVELOPMENTS 166

    6.7 APPROVALS 168

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    7 COMPANY PROFILES 170 (Overview, Financials, Products & Services, Developments & Strategy)*

    7.1 AETNA, INC. 170

    7.2 AIRSTRIP TECHNOLOGIES, INC. 175

    7.3 ALERE, INC. 179

    7.4 ALIVECOR, INC. 185

    7.5 AT&T, INC. 187

    7.6 CARDIONET, INC. 194

    7.7 CERNER CORPORETION 199

    7.8 DIVERSINET CORP. 204

    7.9 IHEALTH LAB , INC. 210

    7.10 JOHNSON & JOHNSON 214

    7.11 LIFEWATCH AG 220

    7.12 MEDTRONIC, INC. 226

    7.13 MOBISANTE, INC. 232

    7.14 NIKE, INC. 235

    7.15 OMRON CORP. 242

    7.16 PHILIPS HEALTHCARE

    (SUBSIDIARY OF ROYAL PHILIPS ELECTRONICS) 251

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    7.17 QUALCOMM, INC. 258

    7.18 SAMSUNG ELECTRONICS CO., LTD. 264

    7.19 SMART ONLINE, INC. 269

    7.20 WITHINGS 273

    *Details on Financials, Products & Services, and Developments & Strategy might not be captured in case of unlisted companies.

    List of Tables

    Table 1 Global Paid Health Apps Market Revenue, By Type, 2011 2018 ($Million)

    Table 2 Global Mobile Healthcare Solutions Market Revenue, By Type, 2011 2018 ($Million)

    Table 3 Global Mobile Healthcare Solutions Market Volume, By Type,2011 2018 (Million Units)

    Table 4 Global Connected Devices Market Revenue, By Type,2011 2018 ($Million)

    Table 5 Global Connected Devices Market Volume, By Type, 2011 2018 (Million Units)

    Table 6 Connected Devices Market Revenue, By Geography, 2011 2018 ($Million)

    Table 7 Connected Devices Market Volume, By Geography, 2011 2018 (Million Units)

    Table 8 Cardiac Monitoring Devices Market Revenue, By Geography, 2011 2018 ($Million)

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    Table 9 Cardiac Monitoring Devices Market Volume, By Geography, 2011 2018 (Million Units)

    Table 10 Diabetes Management Devices Market Revenue, By Geography, 2011 2018 ($Million)

    Table 11 Diabetes Management Devices Market Volume, By Geography, 2011 2018 (Million Units)

    Table 12 Multi-Parameter Trackers Market Revenue, By Geography, 2011 2018 ($Million)

    Table 13 Multi-Parameter Trackers Market Volume, By Geography, 2011 2018 (Million Units)

    Table 14 Other Devices Market Revenue, By Geography,2011 2018 ($Million)

    Table 15 Other Devices Market Volume, By Geography, 2011 2018 (Million Units)

    Table 16 Global Paid Healthcare Apps Market Revenue, By Type, 2011 2018 ($Million)

    Table 17 Global Paid Healthcare Apps Market Volume, By Type, 2011 2018 (Million Units)

    Table 18 Paid Healthcare Apps Market Revenue, By Geography, 2011 2018 ($Million)

    Table 19 Paid Healthcare Apps Market Volume, By Geography, 2011 2018 (Million Units)

    Table 20 Global Paid Health Apps Market Revenue, By Type, 2011 2018 ($Million)

    Table 21 Global Paid Health Apps Market Volume, By Type, 2011 2018 (Million Units)

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    Table 22 Exercise Apps Market Revenue, By Geography, 2011 2018 ($Million)

    Table 23 Exercise Apps Market Volume, By Geography, 2011 2018 (Million Units)

    Table 24 Weight Loss Apps Market Revenue, By Geography, 2011 2018 ($Million)

    Table 25 Weight Loss Apps Market Volume, By Geography, 2011 2018 (Million Units)

    Table 26 Womens Health Apps Market Revenue, By Geography, 2011 2018 ($Million)

    Table 27 Womens Health Apps Market Volume, By Geography, 2011 2018 (Million Units)

    Table 28 Sleep Monitoring Apps Market Revenue, By Geography, 2011 2018 ($Million)

    Table 29 Sleep Monitoring Apps Market Volume, By Geography, 2011 2018 (Million Units)

    Table 30 Medication Management Apps Market Revenue, By Geography, 2011 2018 ($Million)

    Table 31 Medication Management Apps Market Volume, By Geography, 2011 2018 (Million Units)

    Table 32 Other Health Apps Market Revenue, By Geography, 2011 2018 ($Million)

    Table 33 Other Health Apps Market Volume, By Geography, 2011 2018 (Million Units)

    Table 34 Global Medical Apps Market Revenue, By Type, 2011 2018 ($Million)

    Table 35 Global Medical Apps Market Volume, By Type, 2011 2018 (Million Units)

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    Table 36 Medical Reference Apps Market Revenue, By Geography, 2011 2018 ($Million)

    Table 37 Medical Reference Apps Market Volume, By Geography, 2011 2018 (Million Units)

    Table 38 Other Medical Apps Market Revenue, By Geography, 2011 2018 ($Million)

    Table 39 Other Medical Apps Market Volume, By Geography, 2011 2018 (Million Units)

    Table 40 Connected Devices Market Revenue, By Geography, 2011 2018 ($Million)

    Table 41 Connected Devices Market Volume, By Geography, 2011 2018 (Million Units)

    Table 42 Paid Healthcare Apps Market Revenue, By Geography, 2011 2018 ($Million)

    Table 43 Paid Healthcare Apps Market Volume, By Geography, 2011 2018 (Million Units)

    Table 44 North America: Mobile Healthcare Solutions Market Revenue, By Type, 2011 2018 ($Million)

    Table 45 North America: Mobile Healthcare Solutions Market Volume, By Type, 2011 2018 (Million Units )

    Table 46 North America: Connected Devices Market Revenue, By Type, 2011 2018 ($Million)

    Table 47 North America: Connected Devices Market Volume, By Type, 2011 2018 (Million Units)

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    Table 48 North America: Paid Health Apps Market Revenue, By Type, 2011 2018 ($Million)

    Table 49 North America: Paid Health Apps Market Volume, By Type, 2011 2018 (Million Units)

    Table 50 North America: Medical Apps Market Revenue, By Type, 2011 2018 ($Million)

    Table 51 North America: Medical Apps Market Volume, By Type, 2011 2018 (Million Units)

    Table 52 Europe: Mobile Healthcare Solutions Market Revenue, By Type, 2011 2018 ($Million)

    Table 53 Europe: Mobile Healthcare Solutions Market Volume, By Type, 2011 2018 (Million Units)

    Table 54 Europe: Connected Devices Market Revenue, By Type, 2011 2018 ($Million)

    Table 55 Europe: Connected Devices Market Volume, By Type, 2011 2018 (Million Units)

    Table 56 Europe: Paid Health...