MHealth Monitoring And Diagnostic Medical Devices Market : Global Forecast Over 2019

Transparency Market Research recently announced the publication of a new market research report, titled "mHealth Monitoring And Diagnostic Medical Devices Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019," which provides a comprehensive market overview, including the market drivers and barriers, product segmentation, current market trends, geographical segmentation, and competitive landscape of the market.According to the research study, in 2012, the global mHealth monitoring and diagnostic medical devices market for was valued at US$0.6 bn and is estimated to reach a value of US$8 bn by the end of 2019, exhibiting an enormous 43.30% CAGR between 2013 and 2019.

Browse the full mHealth Monitoring And Diagnostic Medical Devices Market (Focus On Medical Devices With In-Built Plug-Ins For Connectivity With Devices Like Smartphones And Tablets) Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019 report at https://www.transparencymarketresearch.com/mhealth-monitoring-diagnostic-medical-devices.html

mHealth monitoring and diagnostic medical devices are used to deliver healthcare facilities with the help of communication devices, including tablet computers, mobile phones, and PDAs. The global market for mHealth monitoring and diagnostic medical devices is an emerging market and the demand has been growing at a fast pace due to the rising prevalence of chronic diseases.

The global market for mHealth monitoring and diagnostic medical devices has been segmented on the basis of product type into sleep apnea monitors, blood pressure monitors, multi-parameter monitors, pulse oximeters, cardiac monitors, glucose monitors, and others. Among these, the glucose monitors segment is projected to exhibit an explosive 49.40% CAGR between 2013 and 2019. The increasing incidence of diabetes across the globe, along with the increasing demand for minimally invasive glucose monitoring devices, is estimated to fuel the growth of the glucose monitors segment in the next few years.

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Moreover, the tremendous rise in the number of smartphones and innovations in mHealth devices due to technological advancements are other factors that are driving the overall market. Furthermore, the multi-parameter monitors segment is anticipated to witness rapid growth owing to rising awareness regarding healthy lifestyles and fitness in several developed economies.

The global market for mHealth monitoring and diagnostic medical devices has been divided on the basis of geography into North America, Europe, Asia Pacific, and Rest of the World. Currently, the North America market accounts for the largest share in the overall market, thanks to the presence of several manufacturers in the region, the growing population owning a smart consumer electronic device such as tablets or smartphones, technological developments, and rising awareness regarding new technology and devices.

On the other hand, the Asia Pacific market for mHealth monitoring and diagnostic medical devices is considered as one of the most favorable markets throughout the forecast period. This region is estimated to register a high growth rate, owing to the increasing geriatric population, growing prevalence of chronic diseases, rising awareness regarding the benefits of diagnostic devices, and increasing demand for home care monitoring devices. In addition, the growing use of smartphones in several countries such as Singapore, India, China, Australia, New Zealand, and Japan is further driving the global market for mHealth monitoring and diagnostic medical devices.

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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materia