Europe to overtake US as leading mobile health market by 2018 – survey

28 MAR 2014

The US, which is currently the dominant force in mobile health, is set to be overtaken by Europe over the next five years, according to BCC Research.

By 2018, the global market will be worth nearly $21.5 billion to which Europe will be the largest contributor, said the research firm.

The worldwide market is forecast to have a five-year compound annual growth rate (CAGR) of 54.9 per cent. Europe is the fastest moving segment in this market with a CAGR of 61.6 per cent.

Generally, innovation over the next decade will be driven by smartphone technology, deeper wireless coverage and a growth in the remote monitoring of patients with chronic diseases, which are an increasing burden on the health sector globally.


Richard Handford

Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including...

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