Global mHealth and Home Monitoring Market 2016-2021: Opportunities as 7.1 Million Patients Worldwide are Remotely Monitored - Research and Markets
DUBLIN, Feb. 14, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "mHealth and Home Monitoring - 8th Edition" report to their offering.
The world's leading M2M/IoT market research provider, today released new findings about the mHealth market. The number of remotely monitored patients grew by 44 percent to 7.1 million in 2016 as the market entered a growth phase fuelled by rising market acceptance in several key verticals. This number includes all patients enrolled in mHealth care programs in which connected medical devices are used as a part of the care regimen. Connected medical devices used for various forms of personal health tracking are not included in this figure.
The author estimates that the number of remotely monitored patients will grow at a compound annual growth rate (CAGR) of 47.9 percent to reach 50.2 million by 2021. The two main applications are monitoring of patients with sleep therapy devices and monitoring of patients with implantable cardiac rhythm management (CRM) devices. These two verticals accounted for 80 percent of all connected home medical monitoring systems in 2016. The number of remotely monitored sleep therapy patients grew by 70 percent in 2016, mainly driven by Resmed that has made connected healthcare a cornerstone of its strategy says Anders Frick, Senior Analyst at Berg Insight.
Other leading vendors in this segment are Philips Respironics and SRETT. The CRM market is led by companies such as Medtronic, Boston Scientific and St. Jude Medical (now Abbott) that included connectivity in CRM solutions more than a decade ago. Telehealth is the third largest segment with 0.50 million connections at the end of the year. Leading telehealth hub vendors include Tunstall Healthcare, Honeywell, Cardiocom, Philips and Qualcomm Life. All other device categories - including ECG, glucose level, medication adherence and others - stood for less than one million connections together. Cellular connectivity has already replaced PSTN and LAN as the de-facto standard communication technology for most types of connected home medical monitoring devices. The number of mHealth devices with integrated cellular connectivity increased from 3.0 million in 2015 to 4.9 million in 2016.
The use of BYOD connectivity will increase the most during the next five years, with a forecasted CAGR of 109 percent. BYOD involves low costs, but cannot be used to reliably connect every patient. The technology will be most useful for patient-centric engagement programs in therapeutic areas such as diabetes and asthma that have younger patient demographics compared to many other chronic diseases. In fact, many of these patients will prefer to use their own smartphone as the interface instead of carrying around a dedicated device for remote monitoring.
Key Topics Covered:
Executive summary
1. The challenge from welfare diseases
2. mHealth platforms
3. Physiological monitoring solution providers
4. Medication, AED and integrated monitoring solution providers
5. Market analysis and forecasts
Companies Mentioned
- A&D Medical
- A.M.I. Italia
- AEDMAP
- AT&T
- Abbott
- Accriva Diagnostics
- Aeon Clinical Laboratories (AuthentiDate)
- Aerocrine (Circassia Pharmaceuticals)
- Aerotel Medical Systems
- Alere
- AliveCor
- Almas Industries
- Apple HealthKit
- AstraZeneca
- Bayer Healthcare
- BePatient
- BioTelemetry
- Biotronik
- BodyTel
- Bosch Healthcare
- Boston Scientific
- Cadwell Laboratories
- Cardia International (Skanray Healthcare)
- CardioComm Solutions
- Care Innovations
- CareFusion (BD Medical)
- ChoiceMMed
- Clement Clarke International
- CleveMed
- CoaguSense
- Compliance Meds Technologies
- Compumedics
- DayaMed
- Dexcom
- Domicalis
- Drive DeVilbiss Healthcare
- Ericsson
- Evondos
- Exco InTouch
- Fisher & Paykel Healthcare
- Get Real Health
- Glooko (Diasend)
- Google Fit
- H2AD
- HealthyCircles (Qualcomm Life)
- Helena Laboratories
- Honeywell Life Care Solutions
- Infoscan
- iHealth (eDevice)
- iLine MicrosystemsIdeal Life
- InRange Systems
- Johnson & Johnson
- KHS Medical (LevMed)
- KORE
- LifeWatch
- LindaCare
- LivaNova
- Löwenstein Medical Technology (Weinmann)
- Masimo
- MedM
- MedSignals
- Medical International Research
- Medicpen
- Medixine
- Medtronic Care Management Services (Cardiocom)
- Medvivo
- Merck
- Microlife
- Microsoft HealthVault
- Natus Medical
- Ndd Medizintechnik
- Nihon Kohden
- Nonin Medical
- NovaSom
- nSpire Health
- Omron Healthcare
- OpenTeleHealth
- Optum
- Orange Healthcare
- PTC
- Philips Healthcare
- Philips Hospital to Home
- Philips Medido
- Philips Respironics
- Physio-Control (Stryker)
- Preventice Solutions
- Propeller Health
- Proteus Digital Health
- Pyrescom
- Qualcomm Life
- QuiO
- ResMed
- Respiri (iSonea)
- Roche Diabetes Care
- Roche Diagnostics
- Rossmax
- S3. Group
- SHL Telemedicine
- SRETT
- Schiller
- ScottCare
- Sibelmed
- Siemens Healthineers
- SleepMed
- SomnoMed
- Sotera Wireless
- Spacelabs Healthcare
- St. Jude Medical
- TZ Medical
- Tactio Health
- Telcare
- Telefónica
- Telenor Connexion
- Tunstall Healthcare Group
- Verklizan
- Vitalograph
- Vitaphone
- Vodafone
- Voluntis
- WellDoc
- Zenicor
- Zoll
For more information about this report visit http://www.researchandmarkets.com/research/r5t6d4/mhealth_and_home
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