Research

When choosing mHealth apps, Chinese mobile phone users pay close attention to security (45.8%) and quality (25.3%) of medical services.

Unsurprisingly, over 30% of respondents aged 18 to 34 already have a wearable technology product or plan to get one within the next 12 months.

The growth of the remote patient monitoring (RPM) devices segment will be driven by government regulations to control the rising healthcare costs.

"Wearable technologies ultimately only work if they're used and we wanted to determine if the hype is justified" - Alan Pollard, CEO of The Vitality Group.

The study has also found that the incremental cost-effectiveness ratio was just over $4,000 for an increase of one Quality Adjusted Life Year.

These solution will allow hospitals to address current and future application requirements that are tightly integrated with the hospital systems and devices.

Only 20% of the patients who attended cardiac rehab and used the app were readmitted to the hospital or visited the emergency department within 90 days.

While North America is currently the largest global market, by 2018 Europe is expected to grow at a CAGR of 61.6% to be the largest market.

The number of mobile-connected blood pressure monitors purchased last year rose by 42% year-on-year across Great Britain, Germany, France and the Netherlands.

The figure will increase to 65% by 2018 with virtual care doctor-patient video consultation revenues growing to $13.7 billion.