Research

Smartphone penetration and user demand are main factors of the mHealth app market growth; lack of data security and standards are causing uncertainties.

Among U.S. broadband households, 26% are Healthy and Engaged, 25% are Challenged but Mindful, 28% are Unhealthy and In Denial, and 21% are Young and Indifferent.

For the physicians, this study confirms that iDoc24 technology can streamline the triaging process, speeding the time to diagnosis and treatment for patients.

73% of survey respondents feel that these apps would be useful to track client progress and 59% felt that it was useful for treatment planning.

Growing at a CAGR of 5.56%, the market is driven, the research firm is saying, by the rising healthcare costs, aging population and wide-spread diseases.

The market is comprised of telemedicine devices, fitness and lifestyle, remote diagnostic and monitoring tools, communications platforms and e-patient care.

However, if the current technology-focused approach continues, the market will be less than a third of this, according to analyst firm Beecham Research.

Proper communication solution not only improves provider productivity, but also reduces unnecessary patient readmissions and increases clinical integration.

Consumer-focused devices are now dominating the landscape, but the situation will change in the future with clinical mHealth devices getting the upper hand.

Price will be the deciding factor for many consumers, with 40% of respondents saying they would be willing to pay $99 or more for a smartwatch.