Mhealth Market Is Expected To Reach A Valuation Of US$ 177 Billion By 2032

The global mHealth market was estimated at US$ 57 billion in 2022, and it is predicted to increase at a CAGR of 12% from 2022 to 2032. The growing emphasis on employing smart devices and wearables to improve personal health and fitness is a major element driving market growth. In addition, rising internet and smartphone penetration, as well as physician and patient acceptance of mHealth technology and platforms, are expected to drive market expansion. Furthermore, as digital health services for remote patient monitoring become more widely adopted, demand for mobile health apps is likely to rise, propelling market expansion in the coming years.

Furthermore, rising public awareness of the benefits of using mobile health solutions, as well as supporting government activities to introduce and promote remote digital healthcare, are projected to drive market expansion in the coming years. In addition, the growing use of smartphones among adults and teenagers is expected to fuel the rise of mHealth platforms and technologies in the future years. Furthermore, the shift in trend from traditional healthcare methods to patient-centric and preventive measures is expected to fuel the mHealth industry in the next years. The rising desire for mobile medical platforms, as well as healthcare professionals' positive attitudes toward real-time patient care, are expected to propel the market forward over the forecast years.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.factmr.com/connectus/sample?flag=S&rep_id=7097

For example, according to data published in a digital health journal in 2020, approximately 68 percent of respondents agreed that apps that access electronic medical records (EMR) remotely are used fully for a healthy lifestyle, 64 percent agreed on the benefit of tracking medical treatment, and approximately 84 percent agreed on the medical apps' high precision and accuracy feature. Furthermore, favourable government tactics and rising manufacturer engagement with a variety of healthcare institutions are projected to propel the mHealth market forward in the coming years. For example, during the COVID19 pandemic in 2020, Philips cooperated with the American Telemedicine Association (ATA) to increase the installation and usage of telehealth services.

Increasing patient/user demand for mHealth services, as well as a rising rate of geriatric population, are expected to boost market growth.

One of the key factors driving market expansion is the growing demand for mHealth services around the world, owing to their user-friendly characteristics and efficiency in addressing emergency situations. The rising number of mHealth applications, such as chronic illness management and remote monitoring, are just a few of the aspects that aid in lowering overall healthcare costs. Furthermore, adults over the age of 65 are more susceptible to chronic illnesses. As a result, the growing geriatric population in many parts of the world is another growth-promoting element. For example, in the United States, 40 million people, or roughly 12.9% of the population, are over the age of 65, and this number is expected to climb over the projected period.

𝐒𝐡𝐚𝐫𝐞 𝐘𝐨𝐮𝐫 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬 & 𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬-https://www.factmr.com/connectus/sample?flag=S&rep_id=7097

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

• In August 2020, Allscripts and Sheba Medical Center announced a collaboration to create AI-based technology for the mHealth industry.
• In September 2019, Apple Inc. released a mHealth app research to aid clinical study researchers.

Market expansion is fueled by numerous development tactics such as alliances and new product launches, which provide market participants with attractive growth prospects.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝-

AT&T
Samsung Electronics Co
Allscripts Healthcare Solutions
Apple Inc.
Orange
mQure
Qualcomm Technologies, Inc.
SoftServe
Google Inc.
Airstrip Technologies, Inc.
Telefonica S.A.
Vodafone Group

The rise of the mHealth market will be aided by rising mobile phone and internet usage.
Mobile devices are gaining in popularity among all generations, and they will continue to play an important role in users' daily lives. In both rich and developing countries, the number of individuals utilising mobile devices and accessing the internet via mobile phones has skyrocketed, boosting market value. According to a recent research piece, there are over 4.3 billion active internet users worldwide. Furthermore, physicians in the United States have increased their usage of mobile phones and the internet, resulting in the expansion of mobile health solutions.

𝐅𝐮𝐥𝐥 𝐀𝐜𝐜𝐞𝐬𝐬 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐬 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐚𝐭: https://www.factmr.com/checkout/7097

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲

• By component, mHealth apps to account for over 75% of the global market revenue
• Over 3 out of 5 sales to comprise of mHealth monitoring services, especially for chronic disease management
• Mobile operator-based mHealth services to capture 50% of global market demand
• mHealth applications for content creators to expand at a CAGR of 13% from 2022-2032
• North America to accumulate 39% of global mHealth market revenue in 2022
• Asia-Pacific to flourish at a CAGR of 10% with regard to mHealth services from 2022-2032

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐦𝐇𝐞𝐚𝐥𝐭𝐡 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭

𝐁𝐲 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭

𝐦𝐇𝐞𝐚𝐥𝐭𝐡 𝐖𝐞𝐚𝐫𝐚𝐛𝐥𝐞𝐬

• BP Monitors
• Glucose Monitors
• Pulse Oximeters
• Sleep Apnea Monitors (PSG)
• Neurological Monitors
• Activity Trackers/Actigraphs

𝐦𝐇𝐞𝐚𝐥𝐭𝐡 𝐀𝐩𝐩𝐬

• Medical Apps
• Women's Health
• Personal Health Record Apps
• Medication Management Apps
• Disease Management Apps
• Diagnostic Apps
• Remote Monitoring Apps

𝐁𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬

o mHealth Monitoring Services

• Independent Aging Solutions
• Chronic Disease Management & Post-acute Care

𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬

o mHealth Diagnosis Services

o mHealthcare Systems Strengthening Services

o Other mHealth Services

𝐁𝐲 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭𝐬

o Mobile mHealth Operators
o mHealth Device Vendors
o mHealth Content Players
o mHealthcare Providers

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐅𝐚𝐜𝐭.𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡: https://www.globenewswire.com/news-release/2022/10/03/2526452/0/en/Sales-of-Laparotomy-Sponges-Are-Projected-to-Reach-a-Market-Size-of-US-1-6-billion-By-2027-Radiopaque-Laparotomy-Sponges-Widely-Used-in-Thoracic-Surgical-Procedures-Report-Fact-MR.html

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
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𝐀𝐛𝐨𝐮𝐭 𝐅𝐚𝐜𝐭.𝐌𝐑
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This release was published on openPR.