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Global mHealth Apps Market 2023 Future Outlook, Competitive Landscape, Industry Insights And Forecast To 2032 | Major Players Are Omron Healthcare Inc., Johnson and Johnson, BioTelemetry Inc., Bristol-Myers Squibb Company, Qualcomm Technologies Inc
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Template Global Market Report 2023 identifies Increasing publicity of mHealth applications as the major driver for the mHealth Apps Market's growth in the forecast period. Many people are increasingly adapting to the usage of health apps and therefore their popularity is increasing. These apps provide many benefits to monitoring patient disease state. According to Healthcare Information and Management Systems Society, a health app is regularly used by nearly 64% of adults in the United States to measure health metrics. Further, a new study by BMJ in 2021 reported that the Google Play store has nearly 2% of mHealth apps. mHealth apps are being used to improve the treatment and provide information that is easily accessible.
The global mhealth apps market size grew from $45.31 billion in 2022 to $56.77 billion in 2023 at a compound annual growth rate (CAGR) of 25.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global mhealth apps is expected to grow to $136.64 billion in 2027 at a CAGR of 24.6%.
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Major competitors in the mHealth apps market are Omron Healthcare Inc., Johnson and Johnson, BioTelemetry Inc., Bristol-Myers Squibb Company, Qualcomm Technologies Inc., Diversinet Corp., Medtronic MiniMed, Agamatrix Inc., Apple Inc., Pfizer Inc., GlaxoSmithKline plc, Merck and Co. Inc., Novartis AG, Abbott Laboratories, AstraZeneca PLC., Sanofi, Ovia Health, Livongo Health, Orange, Sony, F. Hoffmann-La Roche Ltd., Allscripts, Jawbone Health Hub Inc., Boston Scientific Corporation, Withings S.A., iHealth Labs Inc., Nutrimedy, and Dr. Pad.
A key trend in the mHealth Apps Market includes adoption of artificial intelligence (AI). Artificial intelligence is human intelligence that is processed by machines such as computers and focuses on learning, reasoning, and self-correction and AI is adopting 5G to improve customer experiences. The advancement in artificial intelligence (AI) and 5G has been introducing new opportunities for service providers. Artificial intelligence plays a major role to improve customer service and creating new challenges and even solves network complexities. Companies are launching AI platforms to enhance customer experiences. For example, in January 2020, Babylon Health, a UK-based digital health service provider announced that they are developing an AI-integrated health application to serve 300,000 people in England.
Read More On The Global MHealth Apps Market Report Here:
https://www.thebusinessresearchcompany.com/report/mhealth-apps-global-market-report
The mHealth Apps Market is segmented -
By App Type: Disease And Treatment Management, Wellness Management, Other App Types
By Connected Medical Devices: Heart Rate Meters, Wearable Fitness Sensor Device, Blood Pressure Monitors, Pulse Oximeters, Other Connected Medical Devices
By Application: Monitoring Services, Fitness Solutions, Diagnostic Services, Treatment Services, Other Applications
By End-User: Physicians, Patients, Insurance Companies, Research Centers, Pharmacy, Biopharmaceutical Companies, Government, Tech Companies, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the mHealth Apps Market.
The Business Research Company's "Global MHealth Apps Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The MHealth Apps Market Include:
1. Executive Summary
2. mHealth Apps Market Characteristics
3. mHealth Apps Market Trends And Strategies
4. mHealth Apps Market - Macro Economic Scenario
5. mHealth Apps Market Size And Growth
……
26. Africa mHealth Apps Market
27. mHealth Apps Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The mHealth Apps Market
29. mHealth Apps Market Future Outlook and Potential Analysis
30. Appendix
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