Latin America Mobile Health Market to grow at a CAGR of 36.45% during 2016 to 2021

According to the report Latin America Mobile Health Market, published by Market Data Forecast, The Latin America Mobile Health market was worth USD 1.92 Billion in 2016 and is expected to reach USD 9.06 Billion by 2021 at a CAGR of 36.45%.

Mobile Health is the use of smartphones and other communication technologies in healthcare. The main function of mobile health is to use mobiles and other communication technologies to educate user about healthcare services. The Latin America mobile health market is expected to witness significant growth during the forecast period.

Browse market data tables and in-depth TOC of the Latin America Mobile Health Market to 2021 @http://www.marketdataforecast.com/market-reports/latin-america-mobile-health-market-1931/

Mobile health developed greatly because of development of smartphones and wireless technologies. Mobile health features use of technologies like Data collection software, telecare devices, microcomputers, smartphones and its apps Patient Monitoring devices, and wireless enabled laptops for monitoring health. Health care providers use Mobile health technology for checking a person’s vital signs or level of injury, chatting with specialists for guidelines, accessing clinical information, collaborating with care teams, Real time monitoring of patient, providing health care remotely called telemedicine.   Patients use Mobile Health to track their personal health records through apps and communicate with their care providers.

The main factors that are driving this market are to reduce the amount spent on healthcare, prevalent use of Mobile Smartphones, , prospect of personal healthcare management, increase of aging population, Technological advances like 3G and 4G, rising incidence of persistent diseases, need for cost efficient healthcare delivery and increased awareness among people about personal healthcare management. Here, Market is still at a developing stage so, market can increase tremendously here. However, the risk of data theft, stringent regulations by FDA and EU, lack of proper guidance from physicians in selecting apps and resistance from traditional healthcare providers in developing countries are some of the key factors that restrain the overall market growth during forecast period.

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Latin America Mobile Health Market: Segmentation

Connected Devices                                 

  • Blood Pressure Monitor
  • Glucose Meter
  • Pulse Oximeter
  • Y-o-Y Growth Analysis, By Connected Devices
  • Market Attractiveness Analysis, By Connected Devices
  • Market Share Analysis, By Connected Devices

Services                                       

  • Remote Monitoring
  • Consultation
  • Prevention
  • Y-o-Y Growth Analysis, By Services
  • Market Attractiveness Analysis, By Services
  • Market Share Analysis, By Services

Applications                                               

  • Weight Loss
  • Women’s Health
  • Personal Health Record
  • Medication
  • Other Applications
  • Y-o-Y Growth Analysis, By Application
  • Market Attractiveness Analysis, By Application
  • Market Share Analysis, By Application

Major players in this market are I health lab.inc, Philips healthcare, Cardionet.inc, QUALCOMM life, Samsung electronics co ltd, Medtronic.inc, Vodafone.

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Reasons to buy Latin America Mobile Health Market Report:

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technolaogy, component, and type along with market size forecasts and estimations to detect key areas of industry growth in a detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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