mHealth Market
Global mHealth Market Size, Share & Trends Analysis Report By Product (Medical Devices (Types), Medical & Healthcare Application), by Service (Diagnosis Services, Monitoring Services, Prevention Services, Treatment Services and, Fitness And Wellness Services) and by Application (Diabetes, Respiratory Diseases, Neurological Diseases, and Cardiovascular Diseases) Forecast Period (2022-2028)
The global mHealth market is anticipated to grow at a significant CAGR of 9.5% during the forecast period. Increasing emphasis on patient-centric healthcare delivery, rising adoption of connected devices and mHealth apps, and supportive government regulations are the major factors that are augmenting the market growth. The partneship among makret players is also the factor paving the way for market scope. For instance, in August 2020, Allscripts and Sheba Medical Center partnered to accelerate the pace of artificial intelligence technologies and to improve patient care through the hospitals. However, certain factors such as data security issues associated with the use of wireless devices and rising incidences of data theft are estimated to be the major restraints in the growth of the market. Less internet penetration in the underdeveloped economies, lack of a standardized regulation and accuracy problem of devices are some restrains to the market.
Impact of COVID-19 Pandemic on Global mHealth Market
COVID-19 impacted mHealth app market positively as across the globe various countries have rolled out quartantine and healthtracking, COVID-19 symptops apps such as Quarantine Watch, Arogya Setu and among others, to confirm all the quarantine measures are being taken by the patients or not. Moreover, to track daily activity the healthy lifestyle popultaion was worried about and adopting more and more health solution and also contacting to doctors via online and online priscription were given. Aditionally, to stay away and maintain distance people were majorly focusing on online consultation via apps and hospitals and clinich online services that in turn also direved market growth. For instance, in May 2020, American Heart Association has granted $2.5 million to establish a new wearable health technology research center and national research collaboration it use mHealth technology to track the physiological and cardiovascular consequences of the COVID-19 pandemic.
Segmental Outlook
The mHealths are segmented on the basis of product, services, and application. Based on product, the market is segmented into medical device, and medical & healthcare applications. On the basis of services, the market is sub-divided into diagnosis services, monitoring services, prevention services, treatment services and, fitness and wellness services. Furthermore, based on application, the market is sub-classified into diabetes, respiratory diseases, neurological diseases, and cardiovascular diseases. Among the service segment, monitoring services are holding prominent share in the market owing to the increasing incidence of infectious and chronic diseases in association with the growing demand for remote monitoring patients platforms. Moreover, rising investments for inpatient monitoring by the companies dealing in the mHealth market, this is such factors that drive the segment dominance and market growth.
Global MHealth Market Share by Product, 2021 (%)
The Medical & Healthcare Application Segment is Dominating the Global mHealth Market
Rising internet penetration and increasing smartphone users and rising adoption of mHealth apps by patient population and majorly healthcare professionals. Aditionally, the increasing awarness about the mHealth apps and benefites associated with it easy moitoring and tracks recoed at own convienece. Furthermore, new launcheing apps for remote patient monitoring, patient tracking, medication management, disease management, and among others are all such factors that are propelling the mHealth market grow. The key market players are developing, launching and enetering in partnership for the mHealth apps. For instance, in March 2022, Anthem Health Insurer Inc., partnered with K Health Co., to develop an app that enables patients to talk to doctors via text. Anthem Launched the Personalized Health Information App "Anthem’s app CareSpree" that allows 40 million members along other customers without Health Insurance to use healthcare service for less than the cost of a copay.
Regional Outlooks
The global mHealth market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East &Africa, and Latin America. North America is estimated to be the dominating region in the global mHealth market owing to high penetration of mobile phones and internet in the region.
Global mHealth Market Growth, by Region 2022-2028
The Asia Pacific Region is Fastest Growing in the Global mHealth market
Asia Pacific is estimated to be the fastest growing region in the global mHealth market. The growth of the market in the region is attributed to the rapidly developing healthcare infrastructure in the emerging economies such as India and China, rising pressure to curtail healthcare delivery cost and rising geriatric population. Moreover, the rising smartphone penetration and increased internet useres acorss the region is augumenting the mHealth market growth. For instance, Accroding to the data released by The Mobile Economy 2021, GSMA Intelligence, mobile subscriptions are estimated to reach 62% by 2025 in the Asia Pacific region that was 58% billion in 2020. In Asia Pacific China alone will account for nearly half of total 5G connections by 2025.
Market Players Outlook
The competitive landscape includes key strategies of leading players, recent developments, and key company analysis. The major players that contribute to the growth of the market include Apple Inc., Boston Scientific Corp., Cerner Corp., Cisco Systems Inc., General Electric Co., Medtronic Plc, OMRON Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new Deployment launches, to stay competitive in the market. For instance, in February 2021, Royal Philips has acquired BioTelemetry, Inc. to transform the delivery of care along the health continuum with integrated solutions and to be global leader in patient care management solutions for the hospital and the home.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global mHealth market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Product Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global mHealth Market
• Recovery Scenario of Global mHealth Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global mHealth Market by Product
4.1.1. Medical Devices
4.1.1.1. Blood Glucose Meters
4.1.1.2. Blood Pressure Monitors
4.1.1.3. Pulse Oximetry
4.1.1.4. Neurological Monitoring Devices
4.1.1.5. Apnea And Sleep Monitoring Devices
4.1.1.6. Heart Rate Monitors
4.1.1.7. Wearable Fitness Sensor Devices
4.1.2. Medical & Healthcare Application
4.1.2.1. General Health And Fitness Apps
4.1.2.2. Chronic Care Management Apps
4.1.2.3. Medication Management Apps
4.1.2.4. Patient Management & Monitoring Apps
4.2. Global mHealth Market by Services
4.2.1. Diagnosis Services
4.2.2. Monitoring Services
4.2.3. Prevention Services
4.2.4. Treatment Services
4.2.5. Fitness And Wellness Services
4.3. Global mHealth Market by Applications
4.3.1. Diabetes
4.3.2. Respiratory Diseases
4.3.3. Neurological Diseases
4.3.4. Cardiovascular Diseases
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. AgaMatrix, Inc.
6.2. AirStrip Technologies, Inc
6.3. Aliph Brands LLC
6.4. AliveCor, Inc.
6.5. Allscripts Healthcare, LLC
6.6. Apple Inc.
6.7. athenahealth, Inc.
6.8. AT&T Inc.
6.9. Boston Scientific Corp.
6.10. CardioNet, Inc
6.11. Cerner Corp.
6.12. Cisco Systems, Inc.
6.13. Epocrates, LLC
6.14. Fitbit LLC
6.15. General Electric Co.
6.16. Honeywell International Inc.
6.17. iHealth Labs Inc.
6.18. Johnson & Johnson Services, Inc.
6.19. Koninklijke Philips N.V.
6.20. Masimo Corp.
6.21. Medtronic PLC
6.22. Motion Computing
6.23. OMRON Corp.
6.24. Qualcomm Technologies, Inc.
6.25. SANOFI
6.26. Vodafone Group Plc
1. GLOBAL MHEALTH MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
2. GLOBAL MEDICAL DEVICE IN MHEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL MEDICAL DEVICE IN MHEALTH MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
4. GLOBAL MEDICAL AND HEALTHCARE IN MHEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL MEDICAL AND HEALTHCARE IN MHEALTH MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
6. GLOBAL MHEALTH MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
7. GLOBAL DIAGNOSIS SERVICES IN MHEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL MONITORING SERVICES IN MHEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL PREVENTION SERVICES IN MHEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL TREATMENT SERVICES IN MHEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL FITNESS AND WELLNESS SERVICES IN MHEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL MHEALTH MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
13. GLOBAL MHEALTH FOR DIABETES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL MHEALTH FOR RESPIRATORY DISEASES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL MHEALTH FOR NEUROLOGICAL DISEASES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL MHEALTH FOR CARDIOVASCULAR DISEASES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. NORTH AMERICAN MHEALTH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN MHEALTH MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
19. NORTH AMERICAN MHEALTHMARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
20. NORTH AMERICAN MHEALTH MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
21. EUROPEAN MHEALTH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. EUROPEAN MHEALTH MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
23. EUROPEAN MHEALTH MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
24. EUROPEAN MHEALTH MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC MHEALTH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC MHEALTH MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC MHEALTH MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC MHEALTH MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
29. REST OF THE WORLD MHEALTH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
30. REST OF THE WORLD MHEALTH MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
31. REST OF THE WORLD MHEALTH MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
32. REST OF THE WORLD MHEALTH MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL MHEALTH MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL MHEALTHMARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL MHEALTH MARKET, 2021-2028 (%)
4. GLOBAL MHEALTH MARKET SHARE BY PRODUCT, 2021 VS 2028 (%)
5. GLOBAL MEDICAL DEVICES IN MHEALTH MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL MEDICAL AND HEALTHCARE APPLICATION IN MHEALTH MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL MEDICAL AND HEALTHCARE APPLICATION IN MHEALTH MARKET SHARE BY TYPE, 2021 VS 2028 (%)
8. GLOBAL MHEALTH MARKET SHARE BY SERVICES, 2021 VS 2028 (%)
9. GLOBAL DIAGNOSIS SERVICES IN MHEALTH MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL MONITORING SERVICES IN MHEALTH MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL PREVENTION SERVICES IN MHEALTH MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL TREATMENT SERVICES IN MHEALTH MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL FITNESS AND WELLNESS SERVICES IN MHEALTH MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL MHEALTH MARKET SHARE BY APPLICATIONS, 2021 VS 2028 (%)
15. GLOBAL MHEALTH FOR DIABETES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL MHEALTH FOR RESPIRATORY DISEASES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL MHEALTH FOR NEUROLOGICAL DISEASES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL MHEALTH FOR CARDIOVASCULAR DISEASES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL MHEALTH IN MEDICAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL MHEALTH MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. US MHEALTH MARKET SIZE, 2021-2028 ($ MILLION)
22. CANADA MHEALTH MARKET SIZE, 2021-2028 ($ MILLION)
23. UK MHEALTH MARKET SIZE, 2021-2028 ($ MILLION)
24. FRANCE MHEALTH MARKET SIZE, 2021-2028 ($ MILLION)
25. GERMANY MHEALTH MARKET SIZE, 2021-2028 ($ MILLION)
26. ITALY MHEALTH MARKET SIZE, 2021-2028 ($ MILLION)
27. SPAIN MHEALTH MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF EUROPE MHEALTH MARKET SIZE, 2021-2028 ($ MILLION)
29. INDIA MHEALTH MARKET SIZE, 2021-2028 ($ MILLION)
30. CHINA MHEALTH MARKET SIZE, 2021-2028 ($ MILLION)
31. JAPAN MHEALTH MARKET SIZE, 2021-2028 ($ MILLION)
32. SOUTH KOREA MHEALTH MARKET SIZE, 2021-2028 ($ MILLION)
33. REST OF ASIA-PACIFIC MHEALTH MARKET SIZE, 2021-2028 ($ MILLION)
34. REST OF THE WORLD MHEALTH MARKET SIZE, 2021-2028 ($ MILLION)
