The market for mobile health technology is expected to exceed $400 million by 2016, according to a new study by ABI Research.
In 2010, the mobile health market was valued at $120 million.
For the study, researchers examined factors that are contributing to the adoption of mobile health technology. They also developed five-year predictions on mobile app downloads, regulations, wireless connectivity and wearable medical devices.
The study found that fitness-related applications will dominate the mobile health market but that home monitoring systems for seniors, personal emergency response services and remote health monitoring applications also will play a role in market growth.
Jonathan Collins, principal analyst for ABI, said some businesses are showing interest in mobile health tools that aim to boost employee fitness. He said, “These wearable devices and the ability to leverage online applications to collect and share fitness data within corporate health programs will provide significant boost to adoption.”
While the majority of fitness apps will be available via smartphone, remote patient monitoring systems likely will involve separate health tracking devices. Collins said that such technology will “either be a gateway device in the home that will ship with a wearable device or cellular connectivity within the device connecting the data built into the monitor.”