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mHealth Solutions Market Growth to reach USD395.0 billion by 2028 | Medtronic plc, Johnson & Johnson, OMRON Healthcare Co., Ltd, Cerner Corporation, Apple, Inc, AliveCor, Inc, AirStrip Technologies, athenahealth, Inc

04-14-2023 12:54 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsnReports

mHealth Solutions Market

mHealth Solutions Market

The global mHealth solutions market is projected to reach USD395.0 billion by 2028 from USD 119.5 billion in 2023, at a CAGR of 27.0% during the forecast period. There is a growing inclination for home healthcare in North America. In addition, remote patient monitoring programs help reduce chronic care costs and hospital read missions by moving care from hospitals into the patient's home. These programs help in providing extensive healthcare assistance and focus on collecting patient-generated health data from home through devices and mobile health platforms provided to the primary healthcare provider. The rising demand for home healthcare services is a major factor driving the use of monitoring devices to record patient health and medical data from their homes. The demand is also likely to boost for connected devices because of the shortage of professionals in the healthcare industry, which, in turn, will increase the demand for home health services and mHealth solutions.

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Key players in the mHealth Solutions Market

The key players operating in the mHealth solutions market include Koninklijke Philips N.V. (Netherlands), Medtronic plc (Ireland), Johnson & Johnson (US), OMRON Healthcare Co., Ltd. (Japan), Cerner Corporation (US), Apple, Inc. (US), AliveCor, Inc. (US), AirStrip Technologies (US), athenahealth, Inc. (US), iHealth Lab Inc. (US), AT&T Inc. (US), AgaMatrix, Inc. (US), Cisco Systems, Inc. (US), Fitbit Inc. (US), OSP Labs (US), SoftServe (US), Garmin, Ltd. (US), Dexcom, Inc. (US), Tunstall Healthcare (UK), Teladoc Health, Inc. (US), ZTE Corporation (China), and My mHealth Limited (UK).

The mHealth solutions market refers to the use of mobile technologies and applications to deliver healthcare services and information. This market includes a wide range of products and services such as mobile health apps, wearable devices, remote patient monitoring systems, and other digital health tools.

The mHealth solutions market has experienced significant growth in recent years due to factors such as the increasing prevalence of chronic diseases, the rise of remote healthcare, and the growing adoption of smartphones and mobile devices.

Some of the key drivers of growth in the mHealth solutions market include the increasing demand for remote patient monitoring, the development of innovative mHealth solutions, and the increasing adoption of mHealth technologies by healthcare providers and patients. However, there are also challenges facing the market, such as concerns around data privacy and security, regulatory hurdles, and the need for greater standardization and interoperability among different mHealth solutions.

Direct Purchase of the Global mHealth Solutions Market Research Report at https://www.reportsnreports.com/purchase.aspx?name=439691

Overall, the mHealth solutions market is expected to continue to grow in the coming years, driven by the increasing demand for digital health solutions and the continued evolution of mobile technologies.

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