MENLO PARK, Calif. — Rep. Mike Honda, D-Calif., of the Silicon Valley is preparing to introduce legislation that will create a new division within the Food and Drug Administration to govern fast-developing healthcare applications, according to a report published by Kaiser Health News last week.
It's big business — according to projections made by Research2guidance, the healthcare mobile app market, dubbed mHealth, could total $1.3 billion by year's end, up from $718 million in 2011.