Mobile Health Monitoring Diagnostic Devices and Services Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Mobile Health field has emerged as a sub-segment of eHealth that is used for the practice of medicine and public health supported by mobile devices. It is mostly used for reference in mobile communication devices such as mobile phones, tablet computers and PDAs and wearable devices such as smartwatches for health services, information and data collection. It is estimated that three million people are connected to some remote monitoring device at home that is monitored by a caregiver. Many of the healthcare industries are trying to implement the new technology to increase the share of the Mobile Health Monitoring Diagnostic Devices and Services.

Mobile Health Monitoring Diagnostic Devices and Services Market Size & Growth:

The market is expected to reach $ 59.874 billion by 2024 and is 16.404 billion in2017 with a CAGR of 46.9% by 2024. The factors that propel the growth of the market are technological advancements that can track patient health and inform about the changes in the body, vital sign monitoring devices, growing patient awareness for chronic diseases and increasing usage of smartphones for healthcare.

Mobile Health Monitoring Diagnostic Devices and Services Market Growth:

Mobile health monitoring diagnostic devices and services market is segmented on the basis of Type which is further segmented into diagnostic device, cardiac monitors, multi-parameter trackers, diabetes management devices and glucose monitors in which glucose monitors holds the most significant share in the market and is expected to continue the growth during the forecast period due to increasing sports activities and awareness about health and fitness the market growth is fuelled. Geographically, North America holds the largest size in Mobile Health Monitoring Diagnostic Devices and Services due to the increasing presence of manufacturers and the rising consumer base of smart electronic devices such as tablets and smartphones. Asia Pacific is expected to have the most significant CAGR in the market during the forecast period due to the rising penetration of the technological advancements in the Mobile Health Monitoring Diagnostic Devices and Services.

Mobile Health Monitoring Diagnostic Devices and Services Market Trends:

• SpyGlass Direct Visualisation System by Boston Scientific is a single operator system for diagnosing and Powerheart G5 AED Automatic product by Cardiac Science Corporation that allows rescuers to act quickly to a sudden cardiac arrest.
• Medtronic, the global leader in medical technology acquired crospon and heart wave international Inc. a leading innovator of less invasive miniaturised for treating patients with heart failures in advanced stages.
• Philips acquired Spectranetics Corporation to accelerate the expansion of image-guided therapy devices to treat cardiac and peripheral vascular disease.
• Philips has launched new diagnostics equipment that has been developed and designed at its research centres.

Mobile Health Monitoring Diagnostic Devices and Services Market Research Report includes:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major market players are

• Ecardio Diagnostics, LLC
• Cardionet, Inc.
• Lifewatch AG
• Medtronic, Inc.
• Philips Healthcare