business
Mobile health enters commercialization phase
NEWS IN BRIEF — Posted March 25, 2013
Global market revenue for mobile health technology is predicted to reach $26 billion by 2017, according to a report from Berlin-based market research firm research2guidance.
According to its report, published March 8, the market for mobile health tools is growing in three phases: an initial trial phase, a commercialization phase and an integration phase. It has entered the second phase.
“Our findings indicate that the long-expected mobile revolution in health care is set to happen,” said Ralf-Gordon Jahns, head of research at research2guidance. “Both health care providers and consumers are embracing smartphones as a means to improving health care.”
The report said that in addition to consumers using smartphones to manage and improve their health, 15% of the mHealth applications on the market are primarily intended for use by health care professionals, including continuing medical education, remote monitoring and health care management applications.