News Report | August 17, 2014
Mobile Health Device Market Valued At $5.1 Billion In 2013; Estimated To Reach $41.8 Billion By 2023
In 2013, the global value of the mobile health (mHealth) market was estimated at $5.1 billion. By 2013, the mHealth market value is projected to reach $41.8 billion. mHealth includes mobile devices that monitor clinical vital signs, in vitro diagnostic devices, as well as consumer health applications designed for use with a smartphone. Growth in the mHealth market is projected to be driven by the clinical vital sign monitoring and in vitro diagnostic sectors, which in 2013 represented less than half the market value. By 2023, the two sectors are projected to represent about 84% of the market . . .