Singapore mHealth market is estimated to register a high
CAGR of 35.8% during the forecast period of 2015-2020, according to a new
report published by Allied Market Research. In 2014, blood pressure monitors,
blood glucose monitors and cardiac monitors collectively accounted over
two-thirds share in the Asia-Pacific mHealth device marketand would continue to
dominate throughout the forecast period. China was the largest country market
in the Asia Pacific region and is expected to maintain its dominant position
during the forecast period. Factors such as growing population, rising
disposable incomes and a large presence of local manufacturers would boost the
Singapore market growth.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝
𝐒𝐚𝐦𝐩𝐥𝐞
𝐑𝐞𝐩𝐨𝐫𝐭
https://www.alliedmarketresearch.com/request-sample/1173
Singapore Mobile health (mHealth) is an area of electronic health
(eHealth) that offers revolutionized healthcare services through
uniquesmartphone based technologies that enable the remote monitoring of
patients. Increasing adoption of smartphones, growing awareness of newer
technologies and increasing consumer preferences towards healthy lifestyles are
prime factors that supplement the adoption of mHealth devices. Moreover, the
continued growth in coverage of mobile cellular networks and increasing count
of lifestyle diseases such as diabetes, obesity, including others would further
drive the growth of the Singapore mHealth market. However, lower accuracy,
weak reimbursement coverage and low adoption of devices among aging population
are factors that could hinder the market growth.
In the Asia-Pacific mHealth services market, monitoring was
the largest revenue generating segment, accounting for about half of the
mHealth services market share in 2014. Key factors responsible for the growth
of Asia Pacific mHealth services market include increasing government
initiatives, growing awareness among patient population among others.
In the Singapore mHealth market, China and Japan
collectively accounted for 2/3rd of the market revenue in 2014 and would
continue to consolidate their market position over the forecast period.
Furthermore,launch of innovative products and services largely contributes to
the market growth in these countries. Key players profiled in this report
include - Philips healthcare, Omron HealthCare Inc., Bayer Healthcare,
LifeWatch, Masimo Corporation, Sanofi, Boston Scientific, AT&T Inc., and
Johnson & Johnson.
𝗚𝗲𝘁 𝗗𝗲𝘁𝗮𝗶𝗹𝗲𝗱
𝐑𝐞𝐩𝐨𝐫𝐭
https://www.alliedmarketresearch.com/asia-pacific-mhealth-market
0 Comments