mHealth Market Outlook to 2025 - Top Companies Medtronic, Boston Scientific, athenahealth, Honeywell Life Care Solutions, Cisco Systems, OMRON Corporation, Masimo and AgaMatrix

The mhealth Market is estimated to account for US$ 246,820.4 Mn by the end of 2025, escalating at a CAGR of 31.3% during the forecast period from 2018 to 2025, rising from US$ 22,722.1 Mn in 2017.

mHealth is referred to the practice of medicine and public health supported by mobile devices such as mobile phones, tablets, personal digital assistants and other wireless infrastructure. mHealth allows the education and awareness, remote monitoring, diagnostic and treatment support and other services. The global mhealth market is a mature market which is segmented on the basis of services, devices end user.

The increasing acceptance of mobile health expected to propel the growth of the mhealth market in the forecast period. The mobile health is the most advanced and exciting development which is developed to widely distribute the medical information or health data to patients, in a timely manner. The ongoing progression of wireless communications technology with doubtless help bring the mHealth initiatives to maturity in the forecast period.

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Top Dominating Key Players:

1. LifeWatch
2. KONINKLIJKE PHILIPS N.V.
3. Medtronic
4. Boston Scientific Corporation
5. athenahealth, Inc.
6. Honeywell Life Care Solutions
7. Cisco Systems, Inc.
8. OMRON Corporation
9. Masimo
10. AgaMatrix, Inc

Among the devices, the demand for the mhealth is significantly high for insulin pumps, followed by BP monitor. Diabetes is rapidly becoming a major health widespread in most regions of the world. The insulin pumps are portable devices that are used to check the sugar level in diabetic patients. For the diagnosis of the diabetes, diabetes self-management products has been developed in the market, aimed at help to improve the lives of people with diabetes. Additionally, increased in technological advancements in the products and devices can be another factor which likely to drive the growth of the mhealth market during the forecast period.

Moreover, product innovation such as increasing adoption of smartphones & other mobile platforms are also expected to propel the growth of the market. Smartphones are potentially promising tools that helps in changing the health-related behaviors and also helps to manage chronic conditions. Through using mobile communication technologies, smartphones makes healthcare practices more accessible to the public, such as healthcare information, collect health data and observe patients. The mHealth technology support treatments, disease surveillance and chronic disease management.

The mHealth Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2025, considering 2018 as the base year and 2018 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

Browse market data tables and in-depth TOC of the Global mHealth Market (2018–2025)

The report segments the global mhealth market as follows:

Global mHealth Market – By Services

• Remote Monitoring Services
• Diagnosis Services
• Treatment Services
• Health Support Services
• Fitness & Wellness Services
• Others

Global mHealth Market – By Devices

• Insulin Pump
• BP Monitor
• Glucose Monitor
• Personal Pulse Oximeters
• Others

Global mHealth Market – By End Users

• Mobile Operators
• Devices Vendors
• Health Providers
• Others

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Reason to Buy:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global mHealth Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the mHealth, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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