Press release
MHealth Market to see Huge Growth by 2029
The global mHealth market is anticipated to grow at a considerable CAGR of 9.5% during the forecast period. 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.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 - 2021-2029
Base year- 2021
Forecast period- 2023-2029
Segment Covered-
By Product
By Services
By Application
Regions Covered-
North America
Europe
Asia-Pacific
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.
mHealth Market Report Segment
By Product
Medical Devices
Blood Glucose Meters,
Blood Pressure Monitors
Pulse Oximetry
Neurological Monitoring Devices
Apnea And Sleep Monitoring Devices
Heart Rate Monitors
Wearable Fitness Sensor Devices
Medical & Healthcare Application
General Health and Fitness Apps
Chronic Care Management Apps
Medication Management Apps
Patient Management & Monitoring Apps
By Services
Diagnosis Services
Monitoring Services
Prevention Services
Treatment Services
Fitness And Wellness Services
By Applications
Diabetes
Respiratory Diseases
Neurological Diseases
Cardiovascular Diseases
A full Report of mHealth Market is Available @ https://www.omrglobal.com/industry-reports/mhealth-market
mHealth Market Report by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
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
General Electric Co.
Honeywell International Inc.
iHealth Labs Inc.
Johnson & Johnson Services, Inc.
Koninklijke Philips N.V.
Masimo Corp.
Medtronic PLC
Motion Computing
OMRON Corp.
Qualcomm Technologies, Inc.
SANOFI
Vodafone Group Plc
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Over 100+ paid data sources mined for investigation.
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Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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