Rising Prevalence Of Chronic Diseases Drives mHealth Market: A Key Factor Shaping the Future of the Mobile Health (mHealth) Market in 2025

What Are the Projections for the Size and Growth Rate of the Mobile Health (mHealth) Market?_x000D_
The expansion of the mobile health (mhealth) market has been swift and substantial in the last few years, and this trend is expected to continue. The market size is set to increase from $84.99 billion in 2024 to $99.72 billion in 2025, marking a compound annual growth rate (CAGR) of 17.3%. The surge during the historical period is likely due to a number of factors, including the increased use of smartphones, the rapid development of mHealth solutions, a rise in chronic diseases, a growing demand for remote management and monitoring solutions, and enhanced attention to digital health and telemedicine._x000D_
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In the coming years, the market size for mobile health (mhealth) is anticipated to witness significant expansion, reaching $186.69 billion in 2029 with a compound annual growth rate (CAGR) of 17.0%. Factors such as the rising preference for home-based care solutions, the integration of AI and machines, the advancement and implementation of 5G technology for better and more dependable connections, growing health and wellness awareness, and the surge in the use of fitness apps and wearable devices contribute to the projected growth. During the forecast period, there will be a noticeable increase in mergers and acquisitions, a move towards more customised mHealth applications, integration with electronic health records (EHR), growing emphasis on mHealth applications, and a surge in demand for mental health services._x000D_
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What Are the Main Catalysts for Growth in the Mobile Health (mHealth) Market?_x000D_
The mobile health (mHealth) market is expected to grow due to the increasing instances of chronic diseases. These diseases are long-term health conditions, lasting a year or more, often demanding continuous medical care and affecting everyday activities. Predominantly, the surge in chronic diseases is attributed to aging populations resulting in more persistent health issues. Mobile health contributes to managing these chronic diseases by providing health monitoring tools, enhancing communication with physicians, and ensuring treatment adherence. For example, the National Health Service, a public healthcare system in England, in June 2024 revealed that 3,615,330 individuals registered with a GP were diagnosed with non-diabetic hyperglycemia - also known as pre-diabetes - in 2023, compared to 3,065,825 in 2022, marking a near 18% increase. Thus, the escalating instances of chronic diseases are bolstering the mHealth market's upward progression._x000D_
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Which Businesses Are at the Forefront of Mobile Health (mHealth) Market Development?_x000D_
Major companies operating in the mobile health (mHealth) market are Apple Inc., Samsung Group, Huawei Technologies Co. Ltd., Oracle Corporation, Abbott Laboratories, Xiaomi Corporation, Medtronic plc, Koninklijke Philips N.V., Stryker Corporation, GE HealthCare Technologies, Omron Corporation, Garmin Ltd., Hill-Rom Holdings Inc., Dexcom Inc., Masimo Corporation, Nihon Kohden Corporation, Polar Electro Oy, Verily Life Sciences LLC, Withings S.A.S., Empatica Inc., TempTraq, LifeSense Group B.V._x000D_
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What Are the Latest Innovations in the Mobile Health (mHealth) Market?_x000D_
Prominent companies in the mHealth market are designing holistic healthcare apps to deliver thorough and personalized health solutions. A holistic healthcare app is a medical aid that gives all-encompassing care, merging physical, emotional, and mental health services on one platform. For example, in January 2023, Teladoc Health, an American healthcare firm, introduced an all-inclusive health app. The app offers a fully consolidated healthcare experience, permitting users to access primary care, mental health services, and chronic illness management through a single account. The app, available in both English and Spanish, boasts user-friendly navigation, integrated physician care plans, and cooperation with in-person providers to guarantee comprehensive care._x000D_
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How Is the Mobile Health (mHealth) Market Segmented?_x000D_
The mobile health (mhealth) market covered in this report is segmented -_x000D_
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1) By Type: Mobile Health (mHealth) Devices, Mobile Health (mHealth) Services_x000D_
2) By Application: Cardiovascular, Diabetes, Respiratory, Neurology, Other Applications_x000D_
3) By End-Use: Patients, Providers, Payers, Other End Users_x000D_
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Subsegments:_x000D_
1) By Mobile Health (mHealth) Devices: Wearable Devices, Mobile Health Applications, Diagnostic Devices, Remote Patient Monitoring Devices, Emergency and Alert Devices_x000D_
2) By Mobile Health (mHealth) Services: Telemedicine Services, Health and Wellness Services, Chronic Disease Management Services, Health Data Management Services, Education and Support Services_x000D_
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Where Is the Mobile Health (mHealth) Market Growth Most Prominent?_x000D_
North America was the largest region in the mobile health (mHealth) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile health (mHealth) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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What Is Covered In The Mobile Health (mHealth) Global Market Report?_x000D_
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- Market Size Analysis: Analyze the Mobile Health (mHealth) Market size by key regions, countries, product types, and applications._x000D_
- Market Segmentation Analysis: Identify various subsegments within the Mobile Health (mHealth) Market for effective categorization._x000D_
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape._x000D_
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market._x000D_
- Market Contribution: Evaluate contributions of different segments to the overall Mobile Health (mHealth) Market growth._x000D_
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers._x000D_
- Industry Challenges: Analyze challenges and risks affecting the Mobile Health (mHealth) Market._x000D_
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market._x000D_
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