mHealth market to grow at CAGR of nearly 50% by 2020: 4 statistics on the market by service

A Grand View report has found that the global mHealth market is expected grow at a compound annual growth rate of 47.6 percent from 2014 to 2020, according to a mHealth Intelligence report.

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Here is how the market was broken down by service in 2012:

•    Monitoring services: 63 percent
•    Others: 15.2 percent
•    Diagnostic services: 14.8 percent
•    Healthcare system strengthening services: 7.2 percent

North America is the leading market for mHealth, with a 33.5 percent share in 2012, according to the report.

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