OTCPK:ADHC - Post by User
Post by
optiprimeon Mar 23, 2011 3:56pm
106 Views
Post# 18330005
M-health market poised for rapid growth despite fr
M-health market poised for rapid growth despite frM-health market poised for rapid growth despite fragmentation
Mobile healthcare was a $1.5 billion industry in the U.S. last year, but the market is expected to triple in five years, reaching $4.6 billion by 2014, according to a new report. The growth could be even greater if pay-for-performance gains wider acceptance, says the report, from Overland Park, Kan.-based CSMG, the strategy division of consulting firm TMNG Global.
Still, like the healthcare system as a whole, the m-health market remains highly fragmented, with no real dominant players. It's a complex sector that will require collaboration between traditional healthcare companies and new entrants, such as telecommunications providers.