mHealth Market a USD 293.29 billion Industry..! What is Driving the market?

The global mHealth market size is expected to reach USD 293.29 billion by 2026, exhibiting a CAGR of 29.1% during the forecast period. The increasing penetration of smartphones and smart devices will boost the mHealth market trends during the forecast period. According to Pew Research Center's first survey of smartphone ownership conducted in 2011, 96% of Americans own a cell phone. Out of which ,81% of the American use smartphones. While roughly three-quarters of U.S. adults own desktop or laptop computers, furthermore, the launch of technologically advanced smartphones and wearable devices will consequently aid the mHealth market share, sates our lead analysts at Fortune Business Insights. For instance, OnePlus launched a new concept phone, the OnePlus Concept One McLaren Edition has various features including electrochromic glass technology. In addition, Fitbit CEO James said in a statement, "We see ourselves evenly split between being a consumer company and being a health company."

The report covers:

o Global mHealth 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.

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Leading Players operating in the mHealth 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 DEXCOM
o Jawbone Health Hub, Inc.
o Omada Health, Inc.
o BioTelemetry, Inc.
o Livongo Health
o AT&T

According to the report, published by Fortune Business Insights in a report, titled "mHealth Market Size, Share & Industry Analysis, By Category (By Apps {Disease & Treatment Management, Wellness Management}, By Wearable {Body & Temperature Monitors, Sleep Trackers, Fitness Trackers, Glucose Monitors, BP Monitors, Cardiac Monitors}) By Services Type (Monitoring Services, Fitness & Wellness Solutions, Diagnostic Services, Treatment Services) By Service Provider (mHealth App Companies, Pharmaceutical Companies, Hospitals, Health Insurance) and Regional Forecast, 2019-2026" the market size stood at USD 34.28 billion in 2018.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/mhealth-market-100266

Growing Geriatric Population to Spur Business Opportunities for the Market

The increasing demand for mHealth solutions around the globe, owing to its user-friendly benefits and high calling efficiency in handling an emergency situation, will aid the mHealth market revenue in the forthcoming years. The increasing number of mHealth applications such as chronic disease management, remote monitoring owing to its cost-effective advantage will further fuel demand for mHealth solutions in the foreseeable future. The growing geriatric population will also contribute positively to the growth of the market. For instance, people above the age of 65, are more prone to chronic ailments; in the U.S., 40 million people, i.e., around 12.9% of the population is above 65 years. Thus, there is a colossal scope for the mHealth market in the countries where the geriatric population is surging.

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 Healthcare expenditure for key countries
o Average costs of chronic illnesses by type of medical facility in the U.S.
o New product launch
o Technological Advancements
o Funding and Start-ups: Overview
o Global mHealth Market Analysis, Insights and Forecast, 2015-2026
o Key Findings / Summary
o Market Analysis, Insights and Forecast - By Category
? Apps
o Disease & Treatment Management
o Healthcare Providers/Insurance
o Medication Reminders
o Women Health and Pregnancy
o Disease Specific
o Wellness Management
o Fitness
o Lifestyle and stress
o Diet and Nutrition
o 5.2.1.3 Others
? Wearable
o Body & Temperature Monitors
o Sleep Trackers
o Fitness Trackers
o Glucose Monitors
o BP Monitors
o Cardiac Monitors
o Others
o Market Analysis, Insights and Forecast - By Services Type
? Monitoring Services
? Fitness & Wellness Solutions
? Diagnostic Services
? Treatment Services
? Others
o Market Analysis, Insights and Forecast - By Service Provider
? mHealth App Companies
? Pharmaceutical Companies
? Hospitals
? Health Insurance
? Others
o Market Analysis, Insights and Forecast - By Region
? North America
? Europe
? Asia Pacific
? Latin America
? Middle East & Africa
TOC Continued....

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