Press release
Mobile Healthcare Market Growth Forecast: Trends, Overview, 2024-2033 Estimates
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Mobile Healthcare Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The mobile healthcare market size has grown exponentially in recent years. It will grow from $105.73 billion in 2023 to $137.12 billion in 2024 at a compound annual growth rate (CAGR) of 29.7%. The growth in the historic period can be attributed to patient engagement initiatives, regulatory support, telehealth expansion, health information exchange, .
The mobile healthcare market size is expected to see exponential growth in the next few years. It will grow to $380.8 billion in 2028 at a compound annual growth rate (CAGR) of 29.1%. The growth in the forecast period can be attributed to social determinants of health tracking, telemedicine platforms integration, focus on health equity, pharmacy and medication management, global health crisis response.. Major trends in the forecast period include telehealth adoption, wearable technology integration, focus on chronic disease management, interoperability and data security, collaboration with pharma companies, regulatory landscape changes..
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Market Segmentation:
The mobile healthcare market covered in this report is segmented -
1) By Device Type: Blood Glucose Monitors, Cardiac Monitors, Hemodynamic Monitors, Neurological Monitors, Respiratory Monitors, Body and Temperature Monitors, Remote Patient Monitoring Devices, Other Device Types
2) By Service Type: Treatment Services, Diagnostic Services, Monitoring Services, Wellness and Fitness Solutions, Other Service Types
3) By Stake Holder: Mobile Operators, Healthcare Providers, Application/Content Players, Other Stake Holders
Major Driver - Rising Prevalence Of Chronic Diseases To Drive Market Growth
The increase in incidence of chronic diseases globally is significantly contributing to the growth of the mobile healthcare market. For example, one in every three adults worldwide suffers from multiple chronic conditions, with prevalence rates ranging from 16% to 58% in UK studies, 26% in US studies, and 9.4% in urban South Asians. Therefore, the growing incidence of chronic diseases globally is driving the mobile healthcare market growth.
Competitive Landscape:
Major companies operating in the mobile healthcare market report are Apple Inc., Koninklijke Philips N. V., Omron Corporation, athenahealth Inc., iHealth Labs Inc., AT&T Inc., Samsung Electronics Co. Ltd., Vodafone Group Plc, Dexcom Inc., Masimo Corporation, Qualcomm Technologies Inc., AliveCor Inc., Nike Inc., BioTelemetry Inc., AgaMatrix Inc., Withings S. A., Telefonica S. A., SoftServe Inc., Google LLC, Teladoc Health Inc., Amwell Inc., Doctor on Demand Inc., Livongo Health Inc., Omada Health Inc., Ginger. io Inc., Hims & Hers Health Inc., Lemonaid Health Inc., K Health Inc., 98point6 Inc., HealthTap Inc., Zocdoc Inc., Carbon Health Inc., One Medical Group Inc., Forward Health Inc., Cityblock Health Inc., Iora Health Inc., Oak Street Health Inc., ChenMed LLC, VillageMD LLC, DispatchHealth Inc., Ready Inc., Medici Technologies Inc., MediciNova Inc.
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Top Trend - Cloud-Based Healthcare Communication Platforms Transforming The Mobile Healthcare Market
Major companies operating in the mobile healthcare market are developing cloud-based healthcare solutions to gain a competitive edge in the market. Cloud-based healthcare system refers to the use of cloud computing technologies and services to store, manage, access, and analyze healthcare-related data, information, and applications. For instance, in June 2021, Mobile Heartbeat, a US-based clinical software company launched Banyan, a cloud-based communication platform tailored for healthcare providers. Built on Microsoft Azure, this platform offers a suite of modular applications designed for healthcare enterprises, including hospitals and ambulatory care facilities. Banyan Voice can also integrate with existing telephony systems. This cloud-based communication platform aims to provide flexible, scalable, and secure communication tools that adapt to diverse healthcare environments, enhancing real-time communication and collaboration in the healthcare sector.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Mobile Healthcare Market Characteristics
3. Mobile Healthcare Market Trends And Strategies
4. Mobile Healthcare Market - Macro Economic Scenario
5. Mobile Healthcare Market Size And Growth
…..
27. Mobile Healthcare Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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