mHealth Market Demand Is Fuelled By Rising In Awareness Among Consumers Regarding The Benefits Of Adopting Preventive Healthcare Measures | TechSci Research
According to TechSci Research, Global mHealth market is expected to grow at a steady CAGR for the forecast period, 2023-2027. The growing proliferation of smart devices and the increase in the penetration of the 3G/4G networks all around the globe is expected to drive the growth of the mHealth market. The rise in awareness among consumers regarding the benefits of adopting preventive healthcare measures is expected to fuel the demand for mHealth services. The increase in the usage of connected devices that facilitates the real-time analysis and monitoring of the health of patients by themselves, and the healthcare professionals are expected to accelerate the growth of the global mHealth market.
The surge in the adoption of unhealthy eating habits such as growing consumption of junk food and high sugar-containing food items and beverages is adversely affecting the health of an individual. The growing prevalence of chronic diseases and the use of mHealth solutions to get quality treatment from the best healthcare institutions from the comfort of their homes are influencing the demand of the market. The increasing focus of the healthcare facilities to provide quality healthcare services and provide personalized treatment to patients is expected to fuel the demand of the global mHealth market for the next five years.
Global mHealth market is segmented into connected devices, mHealth apps, mHealth service, regional distribution, and company. Based on the regional analysis, North America is expected to dominate the global mHealth market for the forecast period, 2023-2027. The presence of major players in the region and the utilization of advanced technologies to provide quality treatment to patients are driving the demand of the market in this region. Favorable government policies encouraging the patients to avail healthcare services by providing subsidies and reimbursements are also fueling the demand of the mHealth market.
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The major players operating in the global mHealth market are Medtronic Plc, Apple, Inc., AirStrip Technologies, Google, LLC, Samsung Electronics, Koninklijke Philips N.V., AgaMatrix, Inc., Bayer AG, Omron Corporation, AliveCor, Inc., Orange Healthcare, Inc., Bio Telemetry, Inc., iHealth Labs, Inc., Nike, Inc., Withings S.A., among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
- To analyze the historical growth of the market size of global mHealth market from 2017 to 2020.
- To estimate and forecast the market size of global mHealth market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global mHealth market based on connected devices, mHealth apps, mHealth service, regional distribution, and company.
- To identify dominant region or segment in the global mHealth.
- To identify drivers and challenges for global mHealth market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global mHealth market.
- To identify and analyze the profile of leading players operating in global mHealth market.
- To identify key sustainable strategies adopted by market players in global mHealth market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global mHealth market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- mHealth service provider companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to mHealth market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Table of Content:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global mHealth Market
4. Voice of Customer
5. Executive Summary
6. Global mHealth Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Connected Devices (BP & Glucose Monitors, Heart Rate Monitors, Pulse Oximeters, Foetal Monitoring Devices, Sleep Apnea Monitors, Others)
6.2.2. By mHealth App (Medical Apps, Fitness Apps)
6.2.2.1. By Medical Apps (Women’s Health Apps, Medication Management Apps, Personal Health Apps, Chronic Care Management Apps, Remote Monitoring Apps, Others)
6.2.2.2. By Fitness Apps (Exercise & Fitness, Diet & Nutrition, Lifestyle & Stress)
6.2.3. By mHealth Service (Remote Monitoring Services, Diagnostics and Consulting Services, Treatment Services, Fitness & Wellbeing Services, Preventive Care Services)
6.2.4. By Company (2021)
6.2.5. By Region
6.3. Product Market Map
7. North America mHealth Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.2. By mHealth App
7.2.3. By mHealth Service
7.2.4. By Country
7.3. North America: Country Analysis
7.3.1. United States mHealth Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Connected Devices
7.3.1.2.2. By mHealth App
7.3.1.2.3. By mHealth Service
7.3.2. Canada mHealth Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Connected Devices
7.3.2.2.2. By mHealth App
7.3.2.2.3. By mHealth Service
7.3.3. Mexico mHealth Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Connected Devices
7.3.3.2.2. By mHealth App
7.3.3.2.3. By mHealth Service
8. Europe mHealth Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Connected Devices
8.2.2. By mHealth App
8.2.3. By mHealth Service
8.2.4. By Country
8.3. Europe: Country Analysis
8.3.1. Germany mHealth Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Connected Devices
8.3.1.2.2. By mHealth App
8.3.1.2.3. By mHealth Service
8.3.2. France mHealth Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Connected Devices
8.3.2.2.2. By mHealth App
8.3.2.2.3. By mHealth Service
8.3.3. United Kingdom mHealth Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Connected Devices
8.3.3.2.2. By mHealth App
8.3.3.2.3. By mHealth Service
8.3.4. Spain mHealth Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Connected Devices
8.3.4.2.2. By mHealth App
8.3.4.2.3. By mHealth Service
8.3.5. Italy mHealth Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Connected Devices
8.3.5.2.2. By mHealth App
8.3.5.2.3. By mHealth Service
9. Asia-Pacific mHealth Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Connected Devices
9.2.2. By mHealth App
9.2.3. By mHealth Service
9.2.4. By Country
9.3. Asia-Pacific: Country Analysis
9.3.1. China mHealth Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Connected Devices
9.3.1.2.2. By mHealth App
9.3.1.2.3. By mHealth Service
9.3.2. Australia mHealth Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Connected Devices
9.3.2.2.2. By mHealth App
9.3.2.2.3. By mHealth Service
9.3.3. Japan mHealth Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Connected Devices
9.3.3.2.2. By mHealth App
9.3.3.2.3. By mHealth Service
9.3.4. India mHealth Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Connected Devices
9.3.4.2.2. By mHealth App
9.3.4.2.3. By mHealth Service
9.3.5. South Korea mHealth Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Connected Devices
9.3.5.2.2. By mHealth App
9.3.5.2.3. By mHealth Service
10. South America mHealth Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Connected Devices
10.2.2. By mHealth App
10.2.3. By mHealth Service
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil mHealth Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Connected Devices
10.3.1.2.2. By mHealth App
10.3.1.2.3. By mHealth Service
10.3.2. Colombia mHealth Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Connected Devices
10.3.2.2.2. By mHealth App
10.3.2.2.3. By mHealth Service
10.3.3. Argentina mHealth Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Connected Devices
10.3.3.2.2. By mHealth App
10.3.3.2.3. By mHealth Service
11. Middle East and Africa mHealth Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Connected Devices
11.2.2. By mHealth App
11.2.3. By mHealth Service
11.2.4. By Country
11.3. MEA: Country Analysis
11.3.1. South Africa mHealth Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Connected Devices
11.3.1.2.2. By mHealth App
11.3.1.2.3. By mHealth Service
11.3.2. Saudi Arabia mHealth Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Connected Devices
11.3.2.2.2. By mHealth App
11.3.2.2.3. By mHealth Service
11.3.3. UAE mHealth Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Connected Devices
11.3.3.2.2. By mHealth App
11.3.3.2.3. By mHealth Service
11.3.4. Kuwait mHealth Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Connected Devices
11.3.4.2.2. By mHealth App
11.3.4.2.3. By mHealth Service
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Medtronic Plc
14.2. Apple, Inc.
14.3. AirStrip Technologies
14.4. Google, LLC
14.5. Samsung Electronics
14.6. Koninklijke Philips N.V.
14.7. AgaMatrix, Inc.
14.8. Bayer AG
14.9. Omron Corporation
14.10. AliveCor, Inc.
14.11. Orange Healthcare, Inc.
14.12. Bio Telemetry, Inc.
14.13. iHealth Labs, Inc.
14.14. Nike, Inc.
14.15. Withings S.A.
15. Strategic Recommendations
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