mHealth Market Analysis 2023 by Top Key Players - Johnson & Johnson, Medtronic plc, Cisco, AliveCor, AgaMatrix, BioTelemetry Inc., acquired LifeWatch AG

According to P&S Intelligence, mHealth market is projected to attain a size of $132.2 billion by 2023. The market is mainly driven by increasing penetration of smartphones, tablets and other mobile platform; increasing utilization of connected medical devices and mHealth application; and increasing healthcare cost. In addition to this growing geriatric population, rising demand for patient monitoring services and rising focus on patient-centric healthcare service also support the growth of the market.

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Based on the offering, the mHealth market has been categorized into connected devices, services, and mHealth apps. The market for mHealth apps is projected to witness fastest growth, at CAGR 38.9% during the forecast period. This is attributed to rising number of smart phone users and increasing mobile health application downloads.

The connected devices category is further bifurcated into blood pressure monitors, blood glucose monitors, ECG monitors, multiparameter monitors, pulse oximeters, sleep apnea monitors, and others. Among these, blood pressure monitors held the largest share of 28.7% in the mHealth connected devices market in 2017. This is attributed to the increasing prevalence of chronic diseases and easy mobility of these devices.

Browse report at: https://www.psmarketresearch.com/market-analysis/mobile-healthcare-market

Based on the stakeholder, the mHealth market has been categorized into mobile operators, device vendors, application/content players and healthcare providers. During the forecast period, the fastest growth in this market is expected from the application/content player category reporting CAGR of 37.4%.

MHEALTH MARKET SEGMENTATION
Market Segmentation by Offering
• Connected devices
o Blood pressure monitors
o Blood glucose monitors
o ECG monitors
o Multiparameter monitors
o Pulse oximeters
o Sleep apnea monitors
o Others
• Services
o Preventive services
o Diagnosis and consulting
o Treatment services
o Healthcare system strengthening services
o Fitness and wellness services
o Remote monitoring
• mHealth apps
o Healthcare apps
 General health and fitness apps
 Health tracking
 Obesity and weight management
 Fitness and nutrition
 Chronic care management apps
 Mental health and behavioral disorder
 Diabetes management
 Blood pressure and ECG management
 Cancer management
 Others
 Medication management apps
 Women health apps
 Pregnancy
 Fertility
 Breastfeeding
 Others
 Personal health record apps
 Others
o Medical apps
 Medical reference
 Diagnostic
 Alert and awareness
 Continuing medical education
 Others
Market Segmentation by Stakeholder
• Mobile operators
• Device vendors
• Application/content players
• Healthcare providers
Market Segmentation by Geography
• North America mHealth market
o By offering
o By stakeholder
o By country
 U.S. mHealth market
 By offering
 By stakeholder
 Canada mHealth market
 By offering
 By stakeholder
• Europe mHealth market
o By offering
o By stakeholder
o By country – Germany, U.K., Italy, France, Spain, and Rest of Europe
• Asia-Pacific (APAC) mHealth market
o By offering
o By stakeholder
o By country – Japan, China, India, Australia, and Rest of APAC
• Latin America (LATAM) mHealth market
o By offering
o By stakeholder
o By country – Brazil, Mexico, and Rest of LATAM
• Middle East and Africa (MEA) mHealth market
o By offering
o By stakeholder
o By country – Saudi Arabia, South Africa, and Rest of MEA

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This release was published on openPR.