Mobile Healthcare Market Will Hit $23.49 Billion by 2018
A new report from Markets and Markets says that between 2013-2018 the mobile health market will increase from $6.21 billion to $23.49 billion, a compound annual growth rate of 30.5%. The projected gain is due to the boost ...
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A new report from Markets and Markets says that between 2013-2018 the mobile health market will increase from $6.21 billion to $23.49 billion, a compound annual growth rate of 30.5%.
Two major chronic health problems mentioned in the report are heart disease and diabetes, which account for $272 billion and $245 billion (2010 data) in healthcare costs in the U.S., respectively. The burgeoning mobile health market will be directed toward persistent diseases like these, which account for 75% of national healthcare spending.