[twitter.com/HealthITplus] A latest report by Reportstack indicated that the mHealth industry’s revenue is expected to top $9 billion globally by the end of 2014. Healthcare providers are seeking new ways to reach out and maximize their patient engagement levels while minimizing costs. Consumers are looking for solutions to stay connected with their providers and seamlessly communicate with them regarding their various health issues without even having to visit the hospital.
mHealth makes all this possible by providing access to healthcare information, improving distribution of routine and emergency health services and provide diagnostics and even remote patient monitoring solutions. It’s not only a leap forward for the mHealth industry but also a lucrative opportunity for network operators to provide enhanced connectivity services. Operators are eyeing to go beyond providing simple phone calls and internet services. In fact many operators have already started rolling out customized mHealth solutions and services to their customer bases.
mHealth not only caters the consumers and healthcare providers segment but also offers a multitude of opportunity to other sectors as well, such as the pharmaceutical industry.
According to SNS Research report named “The Mobile Healthcare (mHealth) Bible: 2014 – 2020“ mHealth and patient acceptance will continue to grow at a CAGR of nearly 40% over the next 6 years. The report will be of value to current and future potential investors into the mHealth sector, as well as mobile network operators, healthcare service providers, pharmaceutical companies, healthcare insurers, government healthcare institutions, infrastructure/device vendors, application developers and software/service vendors who wish to broaden their knowledge of the mHealth ecosystem.
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