According to Juniper Research’s latest report titled “Mobile Healthcare Opportunities, Monitoring Applications & mHealth Strategies 2010-2014,” healthcare providers globally will be able to save between $1.96 billion and $5.83 billion in costs through the use of mobile patient monitoring by 2014.
Unsurprisingly, the U.S. and Canadian markets will generate the most cost savings, due to the “inherent structure of their health systems, high healthcare costs, and more advanced remote monitoring.”
In that sense, Juniper argues that it’s the developed countries that can save tons of money by using mobile health monitoring services. Developing countries, on the other hand, won’t save as much, hence the deployment of such services in questionable at the moment.
Further findings from the report include:
- Establishing the correct route to market for those selling mHealth services will be key to their success.
- In the past 18 months there has been a renewed interest in mHealth from operators globally.
- The market for health and fitness mobile applications will thrive, eventually clearing the path for advanced apps which integrate sensors worn on the body.
And you can get additional information from Juniper’s website.