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mHealth Apps Market Size to to reach USD 101,550 Million by 2026 | Valuates Reports

07-12-2021 08:19 AM CET | Health & Medicine

Press release from: Valuates Reports

mHealth Apps Market Size to to reach USD 101,550 Million by 2026 |

The global mHealth Apps market size is projected to reach US$ 101550 million by 2026, from US$ 30160 million in 2019, at a CAGR of 18.4% during 2021-2026.

mHealth (mobile health) is a general term for the use of mobile phones and other wireless technology in medical care. The most common application ofmHealth is the use of mobile devices to educate consumers about preventive healthcare services.

mHealth is the practice of using smartphones to keep track of one’s wellbeing. Mobile applications are anticipated to improve treatment outcomes and lifestyle while minimizing the incidence of chronic diseases.

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mHealth is the practice of using smartphones to keep track of one’s wellbeing. Mobile applications are anticipated to improve treatment outcomes and lifestyle while minimizing the incidence of chronic diseases.

mHealth apps offer various features for keeping records of health-related data. The increasing adoption of mHealth applications due to their benefits in improving patient lifestyle and thereby preventing the occurrence of chronic diseases is expected to increase the growth of the mhealth market size. Furthermore, the recent COVID-19 outbreak has further increased the adoption of mhealth apps.

The use of modern technology in mhealth apps is expected to fuel the growth of mHealth Apps market size. Countries are working on a variety of other cutting-edge innovations to improve the functionality of mobile health apps.

However, concerns over data privacy and protection might hinder the growth of the mHealth Apps market size. Various governments are implementing strict restrictions on mHealth apps market participants in order to increase compliance, which is further expected to alter market dynamics in the coming years.

The disease management segment is expected to grow rapidly during the forecast period.
The high rate of growth can be attributed to the rising prevalence of chronic diseases around the world. Another significant factor driving the market growth is technological advances in health apps that eliminate contact barriers between patients and doctors.

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mHealth Apps Market by Type

o Fitness
o Lifestyle Management
o Nutrition & Diet
o Women's Health
o Medication Adherence
o Healthcare Providers/Payers
o Disease Management
o Others

mHealth Apps Market by Application

o Android
o Apple
o Others

Major Players in the mHealth Apps Market

o Abbott Laboratories
o Johnson and Johnson
o AstraZeneca PLC
o F. Hoffmann-La Roche Ltd.
o Novartis AG
o Bristol-Myers Squibb Company
o GlaxoSmithKline plc
o Merck and Co., Inc.
o Pfizer, Inc.
o F. Hoffmann-La Roche Ltd.
o Novartis AG

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