openPR Logo
Press release

mHealth Market to Expand at Impressive 13.8% CAGR through 2031 Owing to Rising Use of Wearable Medical Devices

08-08-2024 02:48 PM CET | Associations & Organizations

Press release from: ABNewswire

Skyquest Technology

Skyquest Technology

mHealth Market Size, Share, Growth Analysis, By Component (mHealth apps, Services), By End Use (Patient, Provider), By Region - Industry Forecast 2024-2031
mHealth market [https://www.skyquestt.com/report/mhealth-market] size was valued at USD 55.20 billion in 2022 and is poised to grow from USD 62.82 billion in 2023 to USD 176.69 billion by 2031, growing at a CAGR of 13.8% in the forecast period (2024-2031).

Mobile phones and mobile technologies have completely changed the way world operates and this is also true for the healthcare space as well. Growing investments in the development of novel software to unlock the full potential of mobile technologies and wearable medical devices will bolster mHealth market growth over the coming years. Convenience and growing digitization of the healthcare space are also playing a crucial role in augmenting the mHealth demand outlook.

Investing in the development of new mHealth applications and software will be the primary strategy for all companies operating in the market. Pairing mHealth applications with wearable health monitors and trackers will also create new opportunities for mHealth market players in the future. Growing popularity of telehealth and teleconsultation will also helpmHealth providers take their business to the next level.

Download a detailed overview:

https://www.skyquestt.com/sample-request/mhealth-market

Applications Rule the World of mHealth Thereby Pushing Companies to Keep Launching New Apps

mHealth companies are actively launching new mHealth applications or improving the capabilities of their existing ones to stand out from the competition. Integration of mHealth with wearables is a key trend that new as well as leading market players should target in the future. Using artificial intelligence and data analytics to enhance mobile health capabilities will also create new opportunities for mHealth companies going forward. Creating specialized mHealth offerings for institutions and individuals will also help companies expand their business scope on a global level.

Request Free Customization of this report:

https://www.skyquestt.com/speak-with-analyst/mhealth-market

* Back in January 2021, Zuri Health, a Kenyan company focusing on making healthcare affordable and accessible announced the launch of its mHealth application called Play Zuri Health. The application will help patients book appointments, tests, and home visits with medical professionals in their region.
* Milvik Bima, a leading fintech and health organization from Sweden announced the launch of its new mHealth app in Bangladesh in April 2022. The app features telehealth, payment, and e-commerce for healthcare capabilities.
* Back in December 2020, a new mHealth application was launched by the United States-based tech giant Google to collect data from Android mobile phones for healthcare researchers. The Google Health Studies App was first used for a study with Harvard Medical School and Boston Children's Hospital.
* A startup focusing on providing primary care called K Health collaborated with Cedars-Sinai, back in October 2023. The move was aimed toward thelaunch a new mHealth application. Cedars-Sinai Connect is intended to reduce wait times for patients and make virtual care more accessible to all.

View report summary and Table of Contents (TOC):

https://www.skyquestt.com/report/mhealth-market

The global mHealth market is expected to remain opportune for all kinds of market players. Navigating the stringent regulations and guidelines issued for mHealth application development is a key challenge that companies should overcome to establish a name for themselves in the long run. Growing use of electronic health records (EHR) is also forecasted to promote the demand for novel mHealth solutions and services. Ensuring data privacy and security of mHealth applications and solutions will be a top priority for all mHealth market players in the future.

Related Reports:

Artificial Intelligence Market [https://www.skyquestt.com/report/artificial-intelligence-market]

Visit Our Website: https://www.skyquestt.com/

Media Contact
Company Name: Skyquest Technology
Contact Person: Mr. Jagraj Singh
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=mhealth-market-to-expand-at-impressive-138-cagr-through-2031-owing-to-rising-use-of-wearable-medical-devices]
Phone: +1 351-333-4748
Address:1 Apache Way, Westford,
Country: United States
Website: https://www.skyquestt.com/report/mhealth-market



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release mHealth Market to Expand at Impressive 13.8% CAGR through 2031 Owing to Rising Use of Wearable Medical Devices here

News-ID: 3615994 • Views:

More Releases from ABNewswire

Bedrock Restoration - Water Fire Mold Damage Service, Expands Water Damage Repair Services to Support St. Louis Park Homeowners
Bedrock Restoration - Water Fire Mold Damage Service, Expands Water Damage Repai …
Water Fire Mold Damage Service, a trusted provider of property restoration, has announced expanded service offerings to meet the growing demand for professional water damage solutions in the region. Known for their reliable, customer-focused approach, the company continues to support both homeowners and businesses in recovering from unexpected property damage caused by water, fire, or mold. Responding to a Growing Need for Water Damage Restoration Property owners across Minnesota are increasingly seeking
Winkler Kurtz LLP Expands Resources to Handle Increased Demand for Personal Injury Attorneys Representation in Port Jefferson Station
Winkler Kurtz LLP Expands Resources to Handle Increased Demand for Personal Inju …
For individuals searching for personal injury attorneys, the expansion of Winkler Kurtz LLP's team means greater accessibility and reduced wait times for consultations. The firm's deep roots in the Port Jefferson Station community allow them to understand local nuances, such as common accident hotspots and specific regional legal precedents. Port Jefferson Station has seen a notable rise in personal injury cases, driven by factors such as increased traffic congestion, construction activity,
Protecting Property Value: Hose Bros Inc Highlights How Professional Power Washing Prevents Long-Term Damage in Millsboro DE
Protecting Property Value: Hose Bros Inc Highlights How Professional Power Washi …
For residents searching for power washing near me, Hose Bros Inc offers accessible and reliable services tailored to the Millsboro community. Their local expertise ensures an understanding of regional challenges, such as the impact of salt air on coastal properties or the tendency for humidity to promote mold growth in shaded areas. This knowledge allows them to customize their approach, selecting appropriate pressure levels and cleaning agents for different surfaces. In
Tampa Bay Home Remodeling Costs Guide [2025] Kitchen & Bathroom Renovation Prices
Tampa Bay Home Remodeling Costs Guide [2025] Kitchen & Bathroom Renovation Price …
A 2025 cost guide to kitchen, bathroom, and full home remodeling in Tampa Bay, featuring expert insights from Craftline Remodeling on pricing, budgeting, and contractor selection. Market Overview: Understanding Tampa Bay Remodeling Investment Trends Tampa Bay's home remodeling market has experienced significant cost evolution in 2025, with project expenses varying dramatically across South Tampa, Carrollwood, Seminole Heights, Clearwater, St. Petersburg, and Wesley Chapel based on material choices, project scope, and contractor expertise.

All 5 Releases


More Releases for Health

Health Coach Market Positioned for Accelerated Growth with Iora Health, Virta He …
Global health coach market is estimated to be valued at USD 18.83 Bn in 2025 and is expected to reach USD 30.65 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.2% from 2025 to 2032. Latest Report on the Health Coach Market 2025-2032, focuses on a comprehensive analysis of the current and future prospects of the Health Coach Market industry. An in-depth analysis of historical trends, future trends,
Digital Therapeutics Market Research 2025 Leading Key Players - Proteus Digital …
An exclusive Digital Therapeutics Market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Digital Therapeutics Market by Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report
Digital Therapeutics Market Outlook 2025 : Proteus Digital Health, Omada Health, …
ReportsWeb.com has announced the addition of the “Global Digital Therapeutics Market Size, Status and Forecast 2025” The report focuses on major leading players with information such as company profiles, product picture and specification. This report studies the global Digital Therapeutics market, analyzes and researches the Digital Therapeutics development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market,
Digital Therapeutics Market Outlook to 2025 - Propeller Health, CANARY HEALTH, N …
The global digital therapeutics market is segmented on the basis of application, distribution channel, and geography. The application segment includes, respiratory diseases, central nervous system disease, smoking cessation, medication adherence, cardiovascular diseases, musculoskeletal diseases, and other applications. Based on distribution channel, the digital therapeutics market is segmented as, B2B and B2C. Digital therapeutics, a subset of digital health, is a health discipline and treatment option that utilizes a digital and
Digital Therapeutics Market Analysis 2018 | Growth by Top Companies: Proteus Dig …
Global Digital Therapeutics Market to 2025 This report "Digital Therapeutics Market Analysis to 2025" provides an in-depth insight of medical device industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. Digital therapeutics, a subset of digital health, is a health discipline and treatment option that utilizes a digital and often online health technologies to treat a medical or psychological condition. The treatment relies on behavioral and
Digital Therapeutics Market Global Outlook to 2025 - Proteus Digital Health, Wel …
“Digital Therapeutics Market" covers a detailed research on the industry with financial analysis of the major players. The report provides key information and detailed study relating to the industry along with the Economic Impact and Regulatory and Market Support. The report examines the industry synopsis, strategic investments, Industry Surveys, Economic Impact, etc. The market of digital therapeutics market is anticipated to grow with a significant rate in the coming years, owing