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Us Mhealth Device Market

US Mhealth Device Market by Device Type (Smartphone, Tablets, IoT Devices, Mobile Broadband and Mobile Computers), Application (Diagnosis & Treatment, Real Time Tracking, and Data Collection): Global Opportunity Analysis and Industry Forecast, 2021–2028

A11325
Pages: 167
May 2021 | 860 Views
   
Author(s) : Sachin Wankhede , Vineet Kumar
Tables: 95
Charts: 52
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The U.S. mhealth device market accounted for $12.11 billion in 2019, and is expected to reach $53.25 billion by 2028, registering a CAGR of 19.6% from 2021 to 2028.

Mobile Computers segment impacted positively, due to COVID - 19.

Mhealth devices are the connected devices such as smartphones, tablets, IoT devices, mobile broadband, and mobile computers. Mhealth is the component of the connected health that uses networks, sensors, standards, consumer behavior, and augmented intelligence to create opportunities to improve the patient journey. In addition, mhealth devices majorly involve the use of mobile and wireless technologies, which are deployed in monitoring and treatment of several acute and chronic disorders. Some of the other applications of mhealth devices include diagnosis & treatment of diseases, real-time tracking, and data collection.

U.S.-Mhealth-Device-Market-2019-2028

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The major factor that contributes toward the US mhealth device market growth includes change in lifestyle of the people. Furthermore, factors such as increase in use of smartphones, government initiatives, and new product launch also boost the growth of the US mhealth device market. In addition, integration of wireless technologies with portable healthcare devices is another major factor that fuels the growth of the market. However, concerns related to ensuring regulatory compliance of the mhealth devices hinder the growth of the market. Conversely, increase in awareness of the people to remain fit and active offers a lucrative opportunity for the US mhealth device market players.

Segmentation

The U.S. mhealth device market share is segmented on the basis of device type and application. On the basis of device type, the market is segmented into smartphone, tablet, IoT devices, mobile broadband, and mobile computers. Further, by smartphone and tablet sub-segments, the market is divided into 5G and LTE. By IoT devices, the

market is segmented into smartwatch and fitness trackers. By mobile broadband, the market is further classified into hotspot and router. On the basis of application, the market is classified into diagnosis & treatment, real time tracking, and data collection.

The key players profiled in the U.S. mhealth device market share include Ascom Holding AG, Kaiser Permanente, Honeywell International Inc., General Electric Company, Zebra Technologies Corp, Vivify Health, Inc., Cybernet Manufacturing, Inc., Medtronic Plc, NETSCOUT Systems, Inc., Boston Scientific Corporation, Masimo, Agamatrix Inc., Athenahealth Inc., Omron Corporation, Koninklijke Philips NV, and HCHB. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their US mhealth device market penetration.

Covid-19 Impact Analysis:

The ongoing spread of COVID-19 has become one of the biggest threats to the economy and is causing widespread concerns and economic hardship for consumers, businesses, and communities across the globe. The “New Normal” that includes social distance and working from home has created challenges with daily activities, regular work, needs, and supplies, causing delayed initiatives, and missed opportunities.

The COVID-19 pandemic is impacting the society and overall economy across the global. The impact of this outbreak is growing day-by-day as well as affecting the supply chain. It is creating uncertainty in the stock market, falling business confidence, massive slowing of supply chain, and increasing panic among customers. U.S. country have suffered a major loss of business and revenue due to restricted working hours of manufacturing units in the region. Operations of production and manufacturing industries have been heavily impacted by the outbreak of COVID-19; which has led to slowdown in growth of the mhealth devices market analysis in 2020.

According to the US mhealth device market trends, COVID-19 has severely impacted the production facilities have stalled, which, in turn, have led to significant demand in industries. 

US Mhealth Device Market
By Device Type

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Mobile Devices segment is projected as one of the most lucrative segments.

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Emergence of COVID-19 has forced the security organizations to change the way they operate. It has led to critical medical emergency; therefore, increase in demand for mhealth devices has been witnessed from the healthcare sector as it is an effective tool for healthcare professionals that allows treatment of the patient contactless. 

Top impacting factors

Surge in demand for fitness trackers and the easy connectivity of the mhealth devices between the patient and the physicians, changing lifestyle of the people, increasing use of mobile computers are the major factors that impact growth of the mhealth device market. In addition, development of new products with advanced features and technologies such as 5G technology also fuels growth of the market. However, the key players need to check the compliance of the new devices with a set of pre-described mandatory rules in the country is a major restraint for the market growth. Moreover, increase in the health awareness and the ability to remain fit and physically active is expected to create market opportunities for the US mhealth device market players.

US Mhealth Device Market
By Application

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Diagnosis & Treatment segment generated highest revenue in 2019.

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Key Benefits For Stakeholders

  • This study includes the analytical depiction of the U.S. mhealth device market forecast along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information regarding the key drivers, restraints, and opportunities in the U.S. mhealth device market analysis.
  • The U.S. mhealth device market trends are quantitatively analyzed from 2019 to 2028 to highlight the financial competency of the industry.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

US mhealth Device Market Segmentation

By Device Type

  • Smartphone
    • 5G
    • LTE
  • Tablets
    • 5G
    • LTE
  • IoT Devices
    • Smartwatch
    • Fitness Tracker
  • Mobile Broadband
    • Hotspot
      • 5G
      • LTE
    • Router
  • Mobile Computers

By Application

  • Diagnosis & Treatment
  • Real Time Tracking
  • Data Collection
 

CHAPTER 1:INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY MARKET SEGMENTS
1.3.RESEARCH METHODOLOGY

1.3.1.Primary research
1.3.2.Secondary research
1.3.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO PERSPECTIVE

CHAPTER 3:MARKET LANDSCAPE

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FINDINGS

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.PORTER’S FIVE FORCES ANALYSIS
3.4.MARKET DYNAMICS

3.4.1.Drivers

3.4.1.1.Change in lifestyle
3.4.1.2.Increase in use of smartphone
3.4.1.3.New product development

3.4.2.Restraint

3.4.2.1.Concerns related to ensuring regulatory compliance

3.4.3.Opportunity

3.4.3.1.Increase in awareness toward health

3.5.PRICING ANALYSIS
3.6.U.S. MARKET SHARE ANALYSIS, 2019

3.6.1.Market share analysis, by smartphone, 2019
3.6.2.Market share analysis, by tablet, 2019
3.6.3.Market share analysis, by IoT devices, 2019
3.6.4.Market share analysis, by mobile broadband, 2019
3.6.5.Market share analysis, by mobile computers, 2019

3.7.COVID-19 IMPACT ANALYSIS

3.7.1.COVID-19 outbreak
3.7.2.Impact on market size
3.7.3.End user trends, preference, and budget impact

CHAPTER 4:U.S. MHEALTH DEVICE MARKET, BY DEVICE TYPE

4.1.OVERVIEW
4.2.SMARTPHONE

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by smartphone

4.2.2.1.5G
4.2.2.2.LTE

4.3.TABLET

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by tablet

4.3.2.1.5G
4.3.2.2.LTE

4.4.IOT DEVICES

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by IoT devices

4.4.2.1.Smartwatch
4.4.2.2.Fitness trackers

4.5.MOBILE BROADBAND

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by mobile broadband

4.5.2.1.Hotspot

4.5.2.1.1.5G
4.5.2.1.2.LTE

4.5.2.2.Router

4.6.MOBILE COMPUTERS

4.6.1.Key market trends, growth factors, and opportunities

CHAPTER 5:U.S. MHEALTH DEVICE MARKET, BY APPLICATION

5.1.OVERVIEW
5.2.DIAGNOSIS & TREATMENT

5.2.1.Key market trends, growth factors, and opportunities

5.3.REAL-TIME TRACKING

5.3.1.Key market trends, growth factors, and opportunities

5.4.DATA COLLECTION

5.4.1.Key market trends, growth factors, and opportunities

CHAPTER 6:COMPANY PROFILES

6.1.AGAMATRIX INC.

6.1.1.Company overview
6.1.2.Key executives
6.1.3.Company snapshot
6.1.4.Operating business segments
6.1.5.Product portfolio
6.1.6.Key strategic moves and developments

6.2.ASCOM

6.2.1.Company overview
6.2.2.Key executives
6.2.3.Company snapshot
6.2.4.Operating business segments
6.2.5.Product portfolio
6.2.6.R&D Expenditure
6.2.7.Business performance
6.2.8.Key strategic moves and developments

6.3.ATHENAHEALTH, INC.

6.3.1.Company overview
6.3.2.Key executives
6.3.3.Company snapshot
6.3.4.Operating business segments
6.3.5.Product portfolio
6.3.6.Key strategic moves and developments

6.4.BOSTON SCIENTIFIC CORPORATION

6.4.1.Company overview
6.4.2.Key executives
6.4.3.Company snapshot
6.4.4.Operating business segments
6.4.5.Product portfolio
6.4.6.R&D expenditure
6.4.7.Business performance
6.4.8.Key strategic moves and developments

6.5.CYBERNET MANUFACTURING INC.

6.5.1.Company overview
6.5.2.Key executives
6.5.3.Company snapshot
6.5.4.Operating business segments
6.5.5.Product portfolio
6.5.6.Key strategic moves and developments

6.6.GENERAL ELECTRIC COMPANY (GE)

6.6.1.Company overview
6.6.2.Key executives
6.6.3.Company snapshot
6.6.4.Operating business segments
6.6.5.Product portfolio
6.6.6.R&D expenditure
6.6.7.Business performance
6.6.8.Key strategic moves and developments

6.7.HOMECARE HOMEBASE, LLC (HCHB)

6.7.1.Company overview
6.7.2.Key executives
6.7.3.Company snapshot
6.7.4.Operating business segments
6.7.5.Product portfolio
6.7.6.Key strategic moves and developments

6.8.HONEYWELL INTERNATIONAL INC.

6.8.1.Company overview
6.8.2.Key executives
6.8.3.Company snapshot
6.8.4.Operating business segments
6.8.5.Product portfolio
6.8.6.R&D expenditure
6.8.7.Business performance
6.8.8.Key strategic moves and developments

6.9.KAISER PERMANENTE

6.9.1.Company overview
6.9.2.Key executives
6.9.3.Company snapshot
6.9.4.Operating business segments
6.9.5.Product portfolio
6.9.6.Business performance
6.9.7.Key strategic moves and developments

6.10.KONINKLIJKE PHILIPS N.V.

6.10.1.Company overview
6.10.2.Key executives
6.10.3.Company snapshot
6.10.4.Operating business segments
6.10.5.Product portfolio
6.10.6.R&D expenditure
6.10.7.Business performance
6.10.8.Key strategic moves and developments

6.11.MASIMO CORPORATION

6.11.1.Company overview
6.11.2.Key executives
6.11.3.Company snapshot
6.11.4.Operating business segments
6.11.5.Product portfolio
6.11.6.R&D expenditure
6.11.7.Business performance
6.11.8.Key strategic moves and developments

6.12.MEDTRONIC PLC

6.12.1.Company overview
6.12.2.Key executives
6.12.3.Company snapshot
6.12.4.Operating business segments
6.12.5.Product portfolio
6.12.6.R&D expenditure
6.12.7.Business performance
6.12.8.Key strategic moves and developments

6.13.NETSCOUT SYSTEMS, INC.

6.13.1.Company overview
6.13.2.Key executives
6.13.3.Company snapshot
6.13.4.Operating business segments
6.13.5.Product portfolio
6.13.6.R&D expenditure
6.13.7.Business performance
6.13.8.Key strategic moves and developments

6.14.OMRON CORPORATION

6.14.1.Company overview
6.14.2.Key executives
6.14.3.Company snapshot
6.14.4.Operating business segments
6.14.5.Product portfolio
6.14.6.R&D expenditure
6.14.7.Business performance
6.14.8.Key strategic moves and developments

6.15.VIVIFY HEALTH

6.15.1.Company overview
6.15.2.Key executives
6.15.3.Company snapshot
6.15.4.Operating business segments
6.15.5.Product portfolio
6.15.6.Key strategic moves and developments

6.16.ZEBRA TECHNOLOGIES CORPORATION

6.16.1.Company overview
6.16.2.Key executives
6.16.3.Company snapshot
6.16.4.Operating business segments
6.16.5.Product portfolio
6.16.6.R&D expenditure
6.16.7.Business performance
6.16.8.Key strategic moves and developments

LIST OF TABLES

TABLE 01.U.S. MHELATH DEVICES PRICE LIST, 2019 (U.S.$)
TABLE 02.U.S. MHELATH DEVICE MARKET, BY DEVICE TYPE, 2019–2028 ($MILLION)
TABLE 03.U.S. MHEALTH DEVICE MARKET, BY DEVICE TYPE, 2019–2028 ($MILLION UNITS)
TABLE 04.U.S. MHEALTH DEVICE MARKET REVENUE FOR DEVICE TYPE, BY SMARTPHONE, 2019–2028 ($MILLION)
TABLE 05.U.S. MHEALTH DEVICE MARKET REVENUE FOR DEVICE TYPE, BY SMARTPHONE, 
2019–2028 (MILLION UNITS)
TABLE 06.U.S. MHEALTH DEVICE MARKET REVENUE FOR DEVICE TYPE, BY TABLET, 2019–2028 ($MILLION)
TABLE 07.U.S. MHEALTH DEVICE MARKET REVENUE FOR DEVICE TYPE, BY TABLET, 2019–2028 ($MILLION UNITS)
TABLE 08.U.S. MHEALTH DEVICE MARKET REVENUE FOR DEVICE TYPE, BY IOT DEVICES, 2019–2028 ($MILLION)
TABLE 09.U.S. MHEALTH DEVICE MARKET REVENUE FOR DEVICE TYPE, BY IOT DEVICES, 
2019–2028 (MILLION UNITS)
TABLE 10.U.S. MHEALTH DEVICE MARKET REVENUE FOR DEVICE TYPE, BY MOBILE BROADBAND, 
2019–2028 ($MILLION)
TABLE 11.U.S. MHEALTH DEVICE MARKET REVENUE FOR DEVICE TYPE, BY MOBILE BROADBAND, 
2019–2028 (MILLION UNITS)
TABLE 12.U.S. MHEALTH DEVICE MARKET REVENUE FOR DEVICE TYPE, BY HOTSPOT, 2019–2028 ($MILLION)
TABLE 13.U.S. MHEALTH DEVICE MARKET REVENUE FOR DEVICE TYPE, BY HOTSPOT, 
2019–2028 (MILLION UNITS)
TABLE 14.U.S. MHEALTH DEVICE MARKET, BY APPLCIATION, 2019–2028 ($MILLION)
TABLE 15.U.S. MHEALTH DEVICE MARKET, BY APPLCIATION, 2019–2028 ($MILLION)
TABLE 16.AGAMATRIX INC.: KEY EXECUTIVES
TABLE 17.AGAMATRIX INC.: COMPANY SNAPSHOT
TABLE 18.AGAMATRIX INC.: OPERATING SEGMENTS
TABLE 19.AGAMATRIX INC.: PRODUCT PORTFOLIO
TABLE 20.AGAMATRIX INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 21.ASCOM:KEY EXECUTIVES
TABLE 22.ASCOM: COMPANY SNAPSHOT
TABLE 23.ASCOM: OPERATING SEGMENTS
TABLE 24.ASCOM: PRODUCT PORTFOLIO
TABLE 25.ASCOM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 26.ATHENAHEALTH, INC.:KEY EXECUTIVES
TABLE 27.ATHENAHEALTH, INC.: COMPANY SNAPSHOT
TABLE 28.ATHENAHEALTH, INC.: OPERATING SEGMENTS
TABLE 29.ATHENAHEALTH, INC.: PRODUCT PORTFOLIO
TABLE 30.ATHENAHEALTH, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 31.BOSTON SCIENTIFIC CORPORATION:KEY EXECUTIVES
TABLE 32.BOSTON SCIENTIFIC CORPORATION: COMPANY SNAPSHOT
TABLE 33.BOSTON SCIENTIFIC CORPORATION: OPERATING SEGMENTS
TABLE 34.BOSTON SCIENTIFIC CORPORATION: PRODUCT PORTFOLIO
TABLE 35.BOSTON SCIENTIFIC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 36.CYBERNET MANUFACTURING INC.:KEY EXECUTIVES
TABLE 37.CYBERNET MANUFACTURING INC.: COMPANY SNAPSHOT
TABLE 38.CYBERNET MANUFACTURING INC.: OPERATING SEGMENTS
TABLE 39.CYBERNET MANUFACTURING INC.: PRODUCT PORTFOLIO
TABLE 40.CYBERNET MANUFACTURING INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 41.GE:KEY EXECUTIVES
TABLE 42.GE: COMPANY SNAPSHOT
TABLE 43.GE: OPERATING SEGMENTS
TABLE 44.GE: PRODUCT PORTFOLIO
TABLE 45.GE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 46.HCHB:KEY EXECUTIVES
TABLE 47.HCHB: COMPANY SNAPSHOT
TABLE 48.HCHB: PRODUCT CATEGORY
TABLE 49.HCHB: PRODUCT PORTFOLIO
TABLE 50.HCHB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 51.HONEYWELL INTERNATIONAL INC.:KEY EXECUTIVES
TABLE 52.HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 53.HONEYWELL INTERNATIONAL INC.: OPERATING SEGMENTS
TABLE 54.HONEYWELL INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 55.HONEYWELL INTERNATIONAL INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 56.KAISER PERMANENTE: KEY EXECUTIVES
TABLE 57.KAISER PERMANENTE: COMPANY SNAPSHOT
TABLE 58.KAISER PERMANENTE: OPERATING SEGMENTS
TABLE 59.KAISER PERMANENTE: PRODUCT PORTFOLIO
TABLE 60.KAISER PERMANENTE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 61.KONINKLIJKE PHILIPS N.V.:KEY EXECUTIVES
TABLE 62.KONINKLIJKE PHILIPS N.V.: COMPANY SNAPSHOT
TABLE 63.KONINKLIJKE PHILIPS N.V.: OPERATING SEGMENTS
TABLE 64.KONINKLIJKE PHILIPS N.V.: PRODUCT PORTFOLIO
TABLE 65.KONINKLIJKE PHILIPS N.V.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 66.MASIMO CORPORATION:KEY EXECUTIVES
TABLE 67.MASIMO CORPORATION: COMPANY SNAPSHOT
TABLE 68.MASIMO CORPORATION: OPERATING SEGMENTS
TABLE 69.MASIMO CORPORATION: PRODUCT PORTFOLIO
TABLE 70.MASIMO CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 71.MEDTRONIC PLC:KEY EXECUTIVES
TABLE 72.MEDTRONIC PLC: COMPANY SNAPSHOT
TABLE 73.MEDTRONIC PLC: OPERATING SEGMENTS
TABLE 74.MEDTRONIC PLC: PRODUCT PORTFOLIO
TABLE 75.MEDTRONIC PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 76.NETSCOUT SYSTEMS, INC.:KEY EXECUTIVES
TABLE 77.NETSCOUT SYSTEMS, INC.: COMPANY SNAPSHOT
TABLE 78.NETSCOUT SYSTEMS, INC.: OPERATING SEGMENTS
TABLE 79.NETSCOUT SYSTEMS, INC.: PRODUCT PORTFOLIO
TABLE 80.NETSCOUT SYSTEMS, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 81.OMRON CORPORATION:KEY EXECUTIVES
TABLE 82.OMRON CORPORATION: COMPANY SNAPSHOT
TABLE 83.OMRON CORPORATION: OPERATING SEGMENTS
TABLE 84.OMRON CORPORATION: PRODUCT PORTFOLIO
TABLE 85.OMRON CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 86.VIVIFY HEALTH:KEY EXECUTIVES
TABLE 87.VIVIFY HEALTH: COMPANY SNAPSHOT
TABLE 88.VIVIFY HEALTH: OPERATING SEGMENTS
TABLE 89.VIVIFY HEALTH: PRODUCT PORTFOLIO
TABLE 90.VIVIFY HEALTH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 91.ZEBRA TECHNOLOGIES CORPORATION:KEY EXECUTIVES
TABLE 92.ZEBRA TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT
TABLE 93.ZEBRA TECHNOLOGIES CORPORATION: OPERATING SEGMENTS
TABLE 94.ZEBRA TECHNOLOGIES CORPORATION: PRODUCT PORTFOLIO
TABLE 95.ZEBRA TECHNOLOGIES CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.TOP WINNING STRATEGIES, BY YEAR, 2017-2021
FIGURE 05.TOP WINNING STRATEGIES, BY YEAR, 2017-2021
FIGURE 06.TOP WINNING STRATEGIES, BY COMPANY, 2017-2021
FIGURE 07.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 08.MODERATE BARGAINING POWER OF BUYERS
FIGURE 09.MODERATE TO HIGH THREAT OF SUBSTITUTES
FIGURE 10.MODERATE TO HIGH INTENSITY OF RIVALRY
FIGURE 11.LOW THREAT OF NEW ENTRANT
FIGURE 12.U.S MHEALTH DEVICE MARKET SHARE, BY DEVICE TYPE, 2019–2028 (%)
FIGURE 13.U.S. MHEALTH DEVICE MARKET SHARE, BY APPLICATION, 2019–2028 (%)
FIGURE 14.ASCOM: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 15.ASCOM: REVENUE, 2018–2020 ($MILLION)
FIGURE 17.ASCOM: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 18.BOSTON SCIENTIFIC CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 19.BOSTON SCIENTIFIC CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 20.BOSTON SCIENTIFIC CORPORATION: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 21.BOSTON SCIENTIFIC CORPORATION: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 22.GE: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 23.GE: REVENUE, 2018–2020 ($MILLION)
FIGURE 24.GE: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 25.GE: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 26.HONEYWELL INTERNATIONAL INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 27.HONEYWELL INTERNATIONAL INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 28.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 29.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 30.KAISER PERMANENTE: REVENUE, 2018–2020 ($MILLION)122
FIGURE 31.KONINKLIJKE PHILIPS N.V.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 32.KONINKLIJKE PHILIPS N.V.: REVENUE, 2018–2020 ($MILLION)
FIGURE 33.KONINKLIJKE PHILIPS N.V.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 34.KONINKLIJKE PHILIPS N.V.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 35.MASIMO CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 36.MASIMO CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 37.MASIMO CORPORATION: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 38.MEDTRONIC PLC: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 39.MEDTRONIC PLC: REVENUE, 2018–2020 ($MILLION)
FIGURE 40.MEDTRONIC PLC: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 41.MEDTRONIC PLC: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 42.NETSCOUT SYSTEMS, INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 43.NETSCOUT SYSTEMS, INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 44.NETSCOUT SYSTEMS, INC.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 45.OMRON CORPORATION: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 46.OMRON CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 47.OMRON CORPORATION: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 48.OMRON CORPORATION: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 49.ZEBRA TECHNOLOGIES CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 50.ZEBRA TECHNOLOGIES CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 51.ZEBRA TECHNOLOGIES CORPORATION: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 52.ZEBRA TECHNOLOGIES CORPORATION: REVENUE SHARE, BY REGION, 2020 (%)

 
 

The U.S. mhealth device market is witnessing significant growth, owing to changing lifestyle of the people and increase in use of the smartphone and other mhealth devices. 

According to CXOs of the top companies in the market, the factor that fuels the growth of the global mhealth device market includes the profound impact of the use of smartphones and tablets in the healthcare sector. Furthermore, experts of key companies believe that mhealth has the potential to make healthcare innovative, accessible, and affordable. However, it requires a strong wireless network and robust IT infrastructure to handle several devices at the same time. Healthcare firms and service providers are expected to leverage the technologies in the most effective way. The key reason behind the growth of mhealth devices can be attributed to factors such as surge in adoption of smartphones and tablets and the development of new and advanced technologically featured products. These smartphones are widely being used for the patient’s data collection, ongoing condition monitoring, proper communication with healthcare service providers, access to healthcare information, and others.

Market players are striving to gain maximum opportunities from growing mhealth device market by planning their strategies meticulously. Strategic partnership, collaboration, and product launches are some of the prominent strategies adopted by key market players in the U.S. mhealth device market. For instance, Philips acquired BioTelemetry, Inc., a leading U.S.-based provider of remote cardiac diagnostics and monitoring, to strong fit with Philips cardiac care portfolio.

Market players are expanding their businesses to new industry verticals with enhancements to its performance partner program giving channel partner sales representatives of Honeywell Safety and Productivity Solutions like mobile computers, barcode scanners, printers, and other solutions, and provide representatives with the chance to receive rewards by selling products.
 

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Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers