mHealth Apps Market: Share, Market Growth, Overview, Regiona Trends and Forecast to 2020-2026

The global mHealth apps market size is projected to reach USD 57.57 billion by 2026. Driven by the increasing number of novel product launches, the market will witness an impressive growth rate in the coming years. According to a report published by Fortune Business Insights, titled "mHealth Apps Market Size, Share & Industry Analysis, By App Type (Disease & Treatment Management, Wellness Management, Others), By Application (Monitoring Services, Fitness Solutions, Diagnostic Services, Treatment Services, Others), By Operating System (Google Play Store, Apple App Store, Others) and Regional Forecast, 2019-2026," the market was worth USD 11.17 billion in 2018 and will exhibit a CAGR of 21.1% during the forecast period, 2019-2026.
mHealth app is a mobile-based application that studies and examines data that is gathered through sensor-integrated devices. These devices are normally mounted or connected to the human body.

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The report covers:

o Global mHealth Apps Market trends, with detailed analysis on consumer trends & manufacturer trends.
o Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
o Key areas of investments identifying market opportunities and challenges in forecast timeframe.
o Competitive analysis of the industry players along with the overview on strategic management.
o Comprehensive company profiles of the major industry players.

Leading Players operating in the mHealth Apps Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

o Fitbit, Inc.
o Apple Inc.
o Jawbone Health Hub, Inc.
o Omada Health, Inc.
o Livongo Health
o Boston Scientific Corporation
o Omron Healthcare, Inc.
o Abbott
o Others

Increasing Number of Product Launches Will Constitute an Increase in Market Size

The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of product launches have had the highest impact on market growth. In August 2019, the Department of Veterans Affairs announced the launch of a novel mHealth app. The product was introduced with the aim of helping veterans and providing them with affordable services. This product will encourage other companies as well as public and private organizations alike. Driven by the increasing demand, the market is set to witness significant growth rate in the coming years.

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Europe Holds a Dominant Market Share; Increasing Smartphone Penetration to Aid Growth

The market is segmented on the basis of regional demographics into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Among these regions, Europe held a dominant market share in 2018, accounting to the increasing smartphone penetration in several countries across this region. Contribution from government as well as private organizations will contribute to the growth of the market in this region. Besides Europe, North America will witness considerable growth rate in the coming years, driven by the presence of several large scale companies. As of 2018, the market in North America was worth USD 3.35 billion and this value is likely to increase further in the coming years.

Detailed Table of Content:

o Introduction
o Research Scope
o Market Segmentation
o Research Methodology
o Definitions and Assumptions
o Executive Summary
o Market Dynamics
o Market Drivers
o Market Restraints
o Market Opportunities
o Key Insights
o Statistics on Smartphone Penetration Rate for Key Countries
o Data Pertaining to Healthcare Expenditure for Key Countries
o New Product Launches
o Overview on Technological Advancements Pertaining to mHealth Apps
o Key Merger and Acquisition Strategies by Top Players
o Industry Background of mHealth
o Global mHealth Apps Market Analysis, Insights and Forecast, 2015-2026
o Key Findings / Summary
o Market Analysis, Insights and Forecast - By App Type
? Disease and Treatment management
o Healthcare Providers/Insurance
o Medication Reminders
o Women Health and Pregnancy
o Disease Specific
? Wellness management
o Fitness
o Lifestyle and stress
o Diet and Nutrition
? Others
o Market Analysis, Insights and Forecast - By Application
? Monitoring Services
? Fitness Solutions
? Diagnostic Services
? Treatment Services
? Other
o Market Analysis, Insights and Forecast - By Operating System Type
? Google Play Store
? Apple App Store
? Others
o Market Analysis, Insights and Forecast - By Regions
? North America
? Europe
? Asia Pacific
? Latin America
? Middle East & Africa

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Report Focus:

o Extensive product offerings
o Customer research services
o Robust research methodology
o Comprehensive reports
o Latest technological developments
o Value chain analysis
o Potential mHealth Apps Market opportunities
o Growth dynamics
o Quality assurance
o Post-sales support
o Regular report updates

Reasons to Purchase this Report:

o Comprehensive analysis of the mHealth Apps Market growth drivers, obstacles, opportunities, and other related challenges.
o Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
o Identifies market restraints and boosters.
o Identifies all the possible segments present in the market to aid organizations in strategic business planning.

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Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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