The global mHealth market size was valued at USD 45.7 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 17.6% from 2021 to 2028. Growing penetration of smartphones & internet connectivity and supportive government initiatives are among the key factors driving the market growth. Rising demand for preventive healthcare and increasing funding for the mHealth startups are also expected to boost the market growth. Furthermore, the increasing adoption of mobile health technologies by patients, physicians, and other healthcare faculties is another important factor contributing to the market growth. For instance, as per a survey conducted in 2019 on students in two high schools in Croatia, published by the Journal of Librarianship and Information Science, around 84.3% of respondents reported having utilized their mobile devices for health information.
Advance Market Analytics published a new research publication on "Mhealth Market Insights, to 2026″ with 232 pages and enriched with self-explained Tables and charts in a presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Mhealth Market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
Omron Corporation (United States), Apple, Inc. (United States), AirStrip Technologies (United States) ,AliveCor, Inc. (United States) ,BioTelemetry Inc. (United States) ,athenahealth, Inc. (United States) ,AgaMatrix, Inc. (United States) ,iHealth Lab, Inc. (United States) ,AT&T (United States) ,Cerner Corporation (United States), Cisco Systems, Inc. (United States), Medtronic plc (Ireland) ,Koninklijke Philips N.V. (Netherlands), LifeWatch AG (Switzerland) ,Nokia Corporation (Finland), Johnson & Johnson (United States)
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Scope of the Report of Mhealth:
mHealth being one of the eHealth aspects is getting advanced in acquiring, transporting, storing, processing and securing raw & processed data to deliver meaningful results. The rapid rise in the incidence of the chronic diseases as well as the advancing technologies in the mobile health apps has delivered information of personal healthcare on the regular basis which is one of the major factor fuelling the mHealth market. Mobile Health (mHealth) is a general term used for mobile health, which provides assistance to public health using smart devices such as; mobile phones, tablet computers & PDAs, and wearable devices such as smartwatches. It helps in educating consumers about preventive health care services.
The titled segments and sub-section of the market are illuminated below:
by Type (Connected Devices, Apps, Services), Application (Cardiovascular Diseases, Diabetes, Respiratory Diseases, Neurological Diseases, Others), End User (Physicians, Patients, Insurance Companies, Research Centers, Pharmacies, Biopharmaceutical Companies, Government, Tech Companies)
Advancement in Technology of Connected Devices and mHealth App with Rise in use of Wearable Health Technology
Growing Application of Cloud-Based mHealth Solution
Remote monitoring and Growing Focus on Consumer- Centric Mobility Solutions
Rising Use of Mobile phones, Tablets, Smart Phones and other Mobile Platform
Cost Containment of Healthcare Delivery
Rising Focus on Patient-Centric Healthcare Delivery
Increasing Consumption of Connected Devices and mHealth Apps for the Management of Chronic Diseases
Difficulties in Finding mHealth Apps in Stores
Patent Protection for mHealth Devices and Applications
Rising Incidence of Lifestyle Disorders
Growing Adoption of mHealth Solutions
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia, and New Zealand, etc.
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Strategic Points Covered in Table of Content of Global Mhealth Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Mhealth market
Chapter 2: Exclusive Summary – the basic information of the Mhealth Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends, and Challenges of the Mhealth
Chapter 4: Presenting the Mhealth Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End-User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Mhealth market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries, and by manufacturers with revenue share and sales by key countries (2021-2026).
Chapter 8 & 9: Displaying the Appendix, Methodology, and Data Source
Finally, the Mhealth Market is a valuable source of guidance for individuals and companies in the decision framework.
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