by: Tim Bredrup
Mobile health and the mHealth app market continues to see substantial growth, and is expected to continue expanding as business models and significant value offerings continue to evolve in tandem with the fast paced world of mobile technologies.
However, as seen in 2011 with the release of the Food and Drug Administration (FDA) mHealth guidelines, there are various restrictions and obstacles to hassle-free market entry.
New analysis from Frost & Sullivan’s Analysis of the U.S. Broadband mHealth Applications Market research finds that the mHealth market earned revenues of $230 million in 2010 and estimates this to reach $392 million in 2015.
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