“Connected Elite” of app publishers, sensor vendors and enabling companies to form new mHealth app eco-system

21st May 2014 | By Mouseworld Now Correspondent |

Mobile Health AppsBerlin, Germany, May 20,2014: Three groups of mHealth app market players will form the inner circle of the new mHealth app ecosystem. Vital data like steps, calories burned and glucose readings will constitute the core value of the emerging mHealth app market. Traditional healthcare companies have to find their role not to be left aside.

 

There is a growing number of mHealth publishers who make use of the third party data in order to enrich the capabilities of their apps. Thanks to opening up their APIs, such publishers may better serve their core value propositions (e.g. weight loss support by incorporating diet plans and high quality food recognition tools) and gain a substantial competitive advantage
over rivals. The more such companies, the more competitive the market and better app offering for the users.

 

In fact, 71% of mHealth of app publishers connect or plan to connect to an API in order to import or export health data. This is one of the results of the mHealth App Developer Economics 2014 study conducted in Q1 2014. A free copy of the 42 pages report on the state of the art mHealth app publishing can be
downloaded at http://mhealtheconomics.com/mhealth-developer-economics-report/.
Sensor vendors such as Wahoo and Zephyr as well as a group of companies which enable interconnectedness (“Enabling layer”), support these publishers whose core value propositions rest on open APIs.

 

The new layer of “enabling” companies capacitates app-app, app-sensor and app-database connections. In general, such companies can be classified into three main segments:API aggregators which provide “one stop connecting models” for the health data APIs; App aggregators which serve to collect mHealth apps in one place; and API Managed Service companies which provide the technical infrastructure to facilitate the connection of apps and sensors and medical databases.

 

All of these, i.e. “open” app publishers, sensor vendors and the enabling companies constitute the 3 pillars which will form the core of the connected mHealth app economy.

The mHealth app economy is going to be fuelled by the accessibility of the vital (patient) data accessed via APIs. The majority of today’s captured and shared data is fitness and nutrition information like steps and calories.

However, with the growing number of app users who regularly track, e.g., glucose or blood pressure levels, or consult their apps for the purpose of medical examinations, we are going to witness an explosion in the amount of the aggregated and shared health data.

Strong market pressure, e.g., rising healthcare costs and user demand, will facilitate this disruptive market change. The company which is going to be the first to skilfully make meaningful use of this big, aggregated health data might become the Facebook of the healthcare industry. Moreover, this
market disruption will presumably take place rather sooner than later.

“The importance of aggregated patient data could be the difference in life and death, or simply a better outcome quicker,” says a Survey Participant.

 

Tags: , , , , , ,

Leave your comment

IMPORTANT! To be able to proceed, you need to solve the following simple math

What is 7 + 14 ?
Please leave these two fields as-is:

Mouseworldnow Videos
  • r chandrashekhar president nasscom
  • Anant Maheshwari, President, Microsoft India
  • Suresh_Vaswani-220 by 220

Channel News

  • Second Edition of Annual 4.5G & 5G Innovation Summit concludes on a successful note more...
  • Wydr launches India Wholesale E-Fair more...
  • Snapdeal clocks record 3x growth in Kids Category more...
  • Paytm ensures 100% security for users’ identity in Money transfers more...
  • HP Rolls out Four New PageWide Web Presses more...
Subscribe via email

Enter your email address:

Follow us on Facebook
QUESTION HOUR
What does the mouse ask?

Will the spurt in online video advertisement steal the twinkle from the TV ad platform?

View Results

Loading ... Loading ...
Newsletter Registration