GBI Research Predicts mHealth Market To Reach Value of $60 billion by 2015

By Jyothi Shanbhag
TMCnet Contributor

GBI Research, provider of business intelligence reports, has released a new report, “Mobile Health (mHealth) - Enhancing Healthcare and Improving Clinical Outcomes,” which predicts that mHealth market will reach a value of $60 billion by 2015.

Over the past few years, mHealth, the facilitation of health-related information through mobile-enabled technologies, has grown substantially with usage by medical and public health authorities. The mHealth field has emerged as a sub-segment of eHealth, the use of information and communication technology such as computers, mobile phones, communications satellite and patient monitors for health services and information.

The GBI Research firm released a report that examines how mHealth has been applied by the pharmaceutical industry in drug development and by healthcare providers in developed and emerging economies to improve services and treatment outcomes. The report studies the budding role of mobile health, or mHealth, in developing countries, as mobile-enabled technologies such as mobile phones, laptops and tablets are facilitating the care of populations often in poverty.

It also highlights how technologies devised for the developed countries are not always suitable for developing countries, and the need for local communities to devise mHealth solutions to address local issues such as infectious diseases (dengue fever, AIDS/HIV and tuberculosis) and high infant and maternal mortality rates.

The officials at GBI Research said that they created this report by using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts.