Mobile Health (mhealth) Solutions Market Size, Share, Trends, Growth And Competitive Analysis
The mobile health (mhealth) solutions market is estimated to increase rapidly over the forecast period. Mhealth, according to the World Health Organization, is "the use of mobile and wireless technology to promote the attainment of health objectives." Mobile health (mhealth) solutions have been witnessing high demand in the healthcare industry due to rising ownership of gadgets and development in technology. Currently, more than 325,000 mhealth apps and the number are increasing along with the integration of novel technologies. Hence, these are the contributing factors that led to the introduction of mobile health (mhealth) solutions in the market.Furthermore, the lack of standards and administrations and capacity of repayments will act as a major factor influencing the growth of mobile health (mhealth) solutions market. Along with this, restricted guidance from physicians in choosing apps and struggle from traditional healthcare providers are the driving factors accelerating the growth of the mobile health (mhealth) solutions market. Also, the rise in the prevalence of lifestyle diseases and increasing expenditure on healthcare infrastructure are the major market drivers that will further escalate the growth of mobile health (mhealth) solutions market.
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