Reports: Mobile health market to surpass $28B in 2018; teleradiology gaining steam

A pair of recently published market research reports have outlined upward trends among mobile health technologies.

“Driven by the thriving ecosystem, SNS Telecom & IT estimates that the mHealth market will account for more than $28 billion in 2018 alone,” the market research service wrote in its latest report. “Despite barriers relating to regulation, patient acceptance and privacy concerns, SNS Telecom & IT estimates further growth at a [compound annual growth rate (CAGR)] of approximately 30 percent over the next three years.”

This growth is largely due to advances in key technologies, which include the miniaturization of sensors and the development of 5G platforms, according to the report. These advancements alongside the increasing number of health and...