MHealth Market Report 2023: By Key Players, Trends, Size, Share and Forecast 2023-2029
The global mHealth market is anticipated to grow at a considerable CAGR of 9.5% during the forecast period (2022-2028). Increasing awareness among the public to use mobile health solutions and supportive government initiatives and approvals to introduce and promote remote digital healthcare are factors that drive the growth of the market. Furthermore, the increase in demand for remote patient monitoring services for the elder population. Moreover, the increasing prevalence of chronic conditions concerning the high adoption of remote patient management technologies all are factors driving the mHealth market growth. For instance, in June 2020, BioTelemetry acquired an OnDemand remote patient monitoring and coaching platform operated by Envolve People Care Inc., to improve quality of life and reduce the cost of care.A full report of MHealth Market is available at: https://www.omrglobal.com/industry-reports/mhealth-market
With this acquisition, it adds chronic RPM and coaching solutions to BioTelemetry's current suite of acute care connected health products and services that are especially focused on diabetes, hypertension, and chronic heart failure. Moreover, RPM helps and provides several additional health-related services such as daily health alerts, doctor appointments, and E-Health check-up reports among others are the factors for the market growth. Additionally, the rising product approvals by regulatory authorities for continuous monitoring of vital parameters are propelling the mHealth market growth. For instance, in January 2021, Samsung Electronics' new app Samsung health Monitor App has been approved and received a CE mark it measures and tracks health easily and conveniently. This new app monitors blood pressure and Electrocardiogram Monitoring through a sensor by installing the app on both phone and smartwatch. In September 2020, Abbott Laboratories - FreeStyle Libre 3 system received a CE mark to use in people with diabetes.
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Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
o By Product
o By Services
o By Application
Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- Apple Inc., Boston Scientific Corp., Cerner Corp., Cisco Systems Inc., General Electric Co., Medtronic Plc, OMRON Corp., and others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global mHealth Market Report Segment
By Product
Medical Devices
Medical & Healthcare Application
By Services
Diagnosis Services
Monitoring Services
Prevention Services
Treatment Services
Fitness and Wellness Services
By Applications
Diabetes
Respiratory Diseases
Neurological Diseases
Cardiovascular Diseases
MHealth Market- Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
AgaMatrix, Inc.
AirStrip Technologies, Inc
Aliph Brands LLC
AliveCor, Inc.
Allscripts Healthcare, LLC
Apple Inc.
athenahealth, Inc.
AT&T Inc.
Boston Scientific Corp.
CardioNet, Inc
Cerner Corp.
Cisco Systems, Inc.
Epocrates, LLC
Fitbit LLC
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We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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