Health market is expected to reach $58.8 billion globally by 2020 according to Allied Market Research projections

Allied Market Research (www.alliedmarketresearch.com) today announced the most comprehensive and strategically analyzed report titled “mHealth Market (Devices, Applications, Services & Therapeutics) - Global Mobile Healthcare Industry Size, Analysis, Share, Growth, Trends and Forecast, 2012 - 2020”.

Get the full access of the report at http://www.alliedmarketresearch.com/mobile-health-market=77

The study observed that the global mHealth market was valued at $6.7 billion in 2012 and is estimated to reach $8.3 billion by the end of 2013. With growing per capita healthcare expenditure both in developed and advanced developing countries, the mobile healthcare market is further projected to reach $58.8 billion by 2020, at a CAGR of 32.3% from 2013 to 2020.

“Per capita expenditure on healthcare in developed economies is increasing at a faster rate than inflation and income levels, chiefly due to ageing population and chronic diseases which are lifestyle driven,” note...

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