Specific key findings from the report include the following:

Chronic disease management was the largest contributor to the monitoring services market, with higher demand from developed markets of North America and Europe. The market for post acute-care services accounted for 19.5 percent of the overall monitoring services revenue in 2012.
Diagnosis services are more prevalent in developing markets, and growing adoption of these services is expected to considerably augment access to healthcare in these regions.
Mobile operators accounted for 48 percent of the overall market in 2012, with the majority of their revenue originating from monitoring services such as independent aging solutions.
The health care providers market is expected to grow slower than the global average through 2020, at an estimated CAGR of 45 percent. "Quelling credible concerns among users, along with availability of regulatory support is crucial for driving profitability of industry stakeholders," the report said.
North America dominated the global market, accounting for 33.5 percent of total revenue in 2012. Highest demand originated from monitoring services, with growing incidences of chronic diseases necessitating the need for mobile health solutions among others.
High per capita health care expenditure in developed markets is expected to be the key driver for regional growth. Driven by the need for accessible health care, the Asia Pacific market is expected to be the fastest-growing regional market, at an estimated CAGR of 49 percent from 2014 to 2020.

Instant Insights /

Mobile health market to explode by 2020