mHealth Market to Rise at Moderate CAGR of 31.3% CAGR Through 2025 | Medtronic, Boston Scientific, Cisco, OMRON, Masimo and AgaMatrix

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. The report highlights the trends prevalent in the global mhealth market and the factors driving the market along with those that act as deterrents to its growth.

The global mhealth market is a mature market in the developed countries as well as in developing economies worldwide. The mhealth market is segmented on the basis of services, devices end user. Based on services, the market is classified as remote monitoring services, diagnosis services, treatment services, health support services, fitness & wellness services and others. By devices, the mhealth market is segmented into insulin pump, BP monitor, glucose monitor, personal pulse oximeters and others. On the basis of end user segment, the market is classified as mobile operators, devices vendors, health providers and others.

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.

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Key Players Influencing the Market:

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

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 - 2027, considering 2018 as the base year and 2018 - 2027 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 18 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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Envision the restrictions and restrains that are likely to hamper the market.

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