mHealth Solution Market Value Projected to Reach 215.7 b By 2027

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As per the report mHealth Solution Market is projected to grow up to USD 215.7 billion by 2027 growing at a CAGR of 33.7% during the forecasting period 2021-2027.

Technological advanced has catered a long way for developing the world and making it a digital place. Lately, the World Health Organization (WHO) had given a treat importance to the mHealth Application. Generally, mHealth refers to use of smartphones and other wireless technologies and devices to support the achievements and development of healthcare objectives. The main intention of bring the term mHealth is to improve the healthcare outcomes, healthcare services and health research. mHealth has come to represent a very specific type of telehealth: One that's powered by consumer apps, and which doesn't typically involve a clinician at all. In broader way mHealth is a set of applications, devices, software that allows the users to be accessible and reach out in different ways. Application of mHealth includes usage of mobile phones to educate the consumers about preventive healthcare services and also the data is managed, stored and assessed through this. The Surging adoption of smartphones, increasing penetration of 3G/4G networks, increasing utilization of connected devices and mHealth apps for the management of chronic diseases, rising focus on cost containment in healthcare delivery, rising focus on patient-centric healthcare delivery, and the increasing demand for home healthcare services are some of the key factors driving the greater uptake of mobile technologies among both patients and healthcare professionals.

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Some of the companies listed within the mhealth solutions market and are leading the market - Apple, Inc, AirStrip Technologies, Medtronic plc, AgaMatrix, Inc, Koninklijke Philips N.V, Nike Inc, Omron Corporation, Johnson & Johnson, AliveCor Inc, BioTelemetry, Inc, athenahealth, Inc, Withings S.A and iHealth Labs, Inc.

The mHealth Solution Market report has been categorized as below

By Service Type

· Monitoring Services
o Independent Aging Solutions
o Chronic Disease Management
o Post-Acute Care Services

· Diagnostic Services
o Self-Diagnosis Services
o Telemedicine Solutions
o Medical Call centers

· Treatment Services
o Remote Patient Monitoring Services
o Teleconsultation
· Wellness and Fitness Solutions
· Other Services

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