Mobile Healthcare Market Will Hit $23.49 Billion by 2018

A new report from Markets and Markets says that between 2013-2018 the mobile health market will increase from $6.21 billion to $23.49 billion, a compound annual growth rate of 30.5%.

The projected gain is due to the boost in digital wireless and mobile communication devices staked out by industry giants such as Medtronic, Roche Diagnostics and GE Healthcare. Along with the increase in global use and sales of the devices themselves, the growth of the semiconductor market – the components used to build the devices – will trend upward as well.

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