mHealth market to grow at CAGR of 40% over 5 years — 4 takeaways

The mobile healthcare market will continue to expand as healthcare providers turn to mobile technology to lower costs, according to Reportlinker.

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Here are four takeaways:

 

1. mHealth involves using mobile communications technology and devices to expand healthcare access and improve diagnostics services.

 

2. The mHealth market is expected to hit $18 million in 2016, according to SNS research.

 

3. Mobile network operators see opportunities in the market with the increased popularity of healthcare wearables.

 

4. The pharmaceutical industry also has opportunities in the market with the fight against counterfeit drugs.

 

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