mHealth market scales to new heights

Over the next six years, the global mHealth market will continue to make a mark in a serious way, with the industry poised to exceed $49.1 billion by 2020, according to a new market report.

According to research conducted by San Francisco-based market analysis and consulting firm Grand View Research, monitoring services are projected to remain the dominant and most rapidly growing market segment, with revenue topping $1.2 billion in 2012, and seeing a nearly 50 percent CAGR from 2014 to 2020.

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