Worldwide 2013 mHealth market revenues to reach $2 billion

The global mHealth market in 2013 will reach $2 billion, according to a new report from London-based research firm Visiongain. "For the healthcare industry, mobile devices represent a disruptive technology that holds the potential to transform every element of healthcare," states the report. "While currently in its infancy, we believe over the next five years mHealth will reach a rapid growth phase."

Visiongain believes that 2013 "marks an entry point for any potential ecosystem members to devise their mHealth solution and position themselves to reap majority shares of mHealth revenues." In particular, the report finds that software and application developers will gain wide revenue streams from the creation of popular apps or solutions either through consumer purchase or subsidized purchase by health insurance companies.

The report covers leading companies in the mHealth space and provides information on global revenues, regional revenues, service types and end user perspectives, according to the firm. Announcement