mHealth Market Pioneers Healthcare Access

The global mHealth market size is expected to be valued at USD 85.20 billion in 2024 and reach USD 391.33 billion by 2029, growing at a CAGR of 35.65% from 2024 to 2029.
mHealth is mobile health, the practice of medicine and healthcare over mobile devices, tablets, and computers. mHealth is becoming a popular option in underserved areas with a large population due to the vast usage of phones.

Global mHealth Market Report Scope:

• Market Size (2029): USD 391.33 Billion
• Market Size (2024): USD 85.20 Billion
• CAGR (2024 to 2029): 35.65%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: Devices, Applications, Services, and Region
• Geographies Covered: North America, Europe, APAC, Latin America, and Middle East & Africa.
• Key Market Players Profiled: Cardionet Inc., iHealth Labs Inc., QUALCOMM life, Vodafone, Dexcom, Inc., Fitbit, Inc. (Twine Health, Inc.), Koninklijke Philips N.V. (Philips), Livongo Health, Inc., Medtronic Plc., Omada Health, Inc., Omron Corporation (Omron Healthcare, Inc.), Samsung Electronics Co., Ltd and Welldoc, Inc. Are playing a dominant role in the global In mHealth Market.

The growing prevalence of various diseases and the primary benefit of mHealth is its convenience, which is prominently driving the global market growth. The rising adoption of digital health services is due to its advantage of remote patient monitoring, increasing the demand for mobile health apps. The increasing geriatric population with chronic illness is raising mobile health adoption, propelling the market revenue. According to the Centers for Disease Control and Prevention report in 2022, about 20.1 million adults aged 20 and older had coronary artery disease in 2020. The number of Internet applications in healthcare has been rising in recent years due to the high adoption of digital technology worldwide, which fuels market growth. The outbreak of the pandemic boosted the adoption of telehealth and telemedicine among people as these helped patients in remote areas to communicate with health professionals. As lockdown was implemented in various countries, virtual care was considered the practical solution for safe and better communication between healthcare professionals and people with patient care. Several advantages of mHealth are boosting the global market value as the professionals deliver health information in less time at a reduced cost and convenience, escalating the adoption of mHealth by augmenting market share growth.
The growing popularity of remote patient monitoring devices, increasing technological advancements, and rising investments in R&D by market players to develop better mobile applications that are simple and convenient to use are some factors bolstering the global mHealth market expansion.

The growing concern of cyberattacks and data breaches as the complete patient information is stored in the applications is hampering the global market expansion. The need for awareness and knowledge among people from low economies is expected to limit the adoption of mHealth, which restrains the market revenue. Low guidance from the physicians in choosing the apps and resistance from traditional healthcare providers is estimated to hinder the market growth to a certain extent. The presence of stringent regulatory scenarios due to complexities and the need for standards impedes the market expansion of mHealth. The requirement of frequent adoption to the new technologies and advancements is challenging for the market players due to the wide competition.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/mobile-health-market

Key Insights from The Report:

• By Devices, the blood pressure monitor segment led the market and accounted for the largest share of the global market in 2023.
• Based on Application, the health and fitness segment captured highest share of the global market in 2023.
• North America dominated the mHealth market in 2023. Europe accounted for second-highest share of the global market in 2023 and on the other hand, the Asia-Pacific region is estimated to grow at the fastest CAGR during the forecast period.
• Cardionet Inc., iHealth Labs Inc., QUALCOMM life, Vodafone, Dexcom, Inc., Fitbit, Inc. (Twine Health, Inc.), Koninklijke Philips N.V. (Philips), Livongo Health, Inc., Medtronic Plc., Omada Health, Inc., Omron Corporation (Omron Healthcare, Inc.), Samsung Electronics Co., Ltd and Welldoc, Inc. are dominated the mHealth market.

SEGMENTATION INCLUDED IN THIS REPORT:

By Devices:
• Blood Pressure Monitor
• Glucose Meter
• Pulse Oximeter
By Application:
• Chronic Care Management
• Health and Fitness
• Weight Loss
• Women's Health
• Personal Health Record
• Medication
By Services:
• Remote Monitoring
• Consultation
• Fitness And Wellness
• Prevention
By Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Browse Regional Reports:

North America mHealth Market Research Report - Segmented By Application, Services, Connected Devices & Country (United States, Canada, Mexico & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/north-america-mobile-health-market
Europe mHealth Market Research Report - Segmented By Application, Services, Connected Devices & Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/europe-mobile-health-market
APAC mHealth Market Research Report - Segmented By Application, Services, Connected Devices & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) - Industry Analysis, Size, Share, Trends & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/asia-pacific-mobile-health-market
Latin America mHealth Market Research Report - Segmented By Application, Services, Connected Devices & Country (Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/latin-america-mobile-health-market
Middle East and Africa mHealth Market Research Report - Segmented By Applications, By Services, By Connected Devices & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/middle-east-and-africa-mobile-health-market

TABLE OF CONTENTS:

1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemiology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Connected Devices
5.1.1 Introduction
5.1.2 Blood Pressure Monitor
5.1.3 Glucose Meter
5.1.4 Pulse Oximeter
5.1.5Y-o-Y Growth Analysis, By Connected Devices
5.1.6Market Attractiveness Analysis, By Connected Devices
5.1.7Market Share Analysis, By Connected Devices
5.2 Services
5.2.1 Introduction
5.2.2 Remote Monitoring
5.2.3 Consultation
5.2.4 Prevention
5.2.5 Y-o-Y Growth Analysis, By Services
5.2.6 Market Attractiveness Analysis, By Services
5.2.7 Market Share Analysis, By Services
5.3 Applications
5.3.1 Introduction
5.3.2 Weight Loss
5.3.3 Women's Health
5.3.4 Personal Health Record
5.3.5 Medication
5.3.6 Other Applications
5.3.7 Y-o-Y Growth Analysis, By Application
5.3.8Market Attractiveness Analysis, By Application
5.3.9Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Connected Devices
6.1.3.3 By Services
6.1.3.4 By Applications
6.1.4Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Connected Devices
6.1.4.3 By Services
6.1.4.4 By Applications
6.1.5Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Connected Devices
6.1.5.3 By Services
6.1.5.4 By Applications
6.1.5.5 By Indication
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 the Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter's Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Cardionet inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Ihealthlab inc.
8.3 Medtronic inc.
8.4 Philips Healthcare
8.5 QUALCOMM life
8.6 Samsung electronics co ltd
8.7 Vodafone
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations, and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures

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