MHealth App Market - How the Market has witnessed Substantial Growth in recent years

Global MHealth App Market Size, Status and Forecast 2022_Press Release

mHelath is nothing but mobile health. It is a generalized term used for mobile phones and many other wireless technologies in medical care. One of the widely used mHealth application is the use of communication devices and mobile phones to edify consumers pertaining to preventive healthcare services. Nevertheless, mHealth apps are also used for supporting various treatments, disease surveillance, chronic disease management, and epidemic outbreak tracking. Use of mHealth apps are getting more and more popular in not-so-sufficient areas where the population is abundant and use of mobile phones are greater. mHealth Alliance and other such non-profit organizations are encouraging more and more use of mHealth apps in the developing world. mHealth makes use of wireless technologies so as to render safe, effective and cost-efficient healthcare services with the help of mobile phones, tablet computers, PDA and other wireless devices. This technology stores real-time health information and assists in diagnosing and monitoring diseases in remote locations.
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The global mHealth app market is predicted to garner USD 102.43 billion by 2022, from estimated USD 11.47 billion in 2014, thereby growing at a significant CAGR during the forecast period. Factors such as technological advancements, reduced cost and convenience of medical devices, smartphones affordability, increasing lifestyle diseases, and several governments’ initiatives, are responsible for the growth of the global mHealth app market. Developing economies have several untapped markets which render great potential opportunities for this market owing to more and more adoption of mHealth services to curb the spread of non-communicable as well as communicable diseases. Escalating number of partnerships and collaborations, increasing number of novel product launches and approvals, along with more and more demand for cloud technology in healthcare are prime market trends witnessed in the global mHealth app market. However, dearth of data privacy and security, computational and energy limitations, insufficient memory, weaker reimbursement policies, and uncertain regulatory policies from the government are together said to hinder the growth of this market in future. Also, lack of technological knowledge amongst the geriatric population, nascent technology in underdeveloped economies, and lower adoption owing to reduced accuracy are also negatively affecting the growth of this market on a global level.

The key industry players of the global mHealth App market are Sworkit, Runtastic, Zombies Run, Letswod, Meet Carrot, Stronglifts, Fitstar, Charity Miles, Pumpup, C25K, NIKE, Mindbody, Fitmo, and Fit. Regional or country-wise segmentation of the global market of this industry are China, United States, India, Europe, Japan, and Southeast Asia. Based on the product type the mHealth app market has been segmented into Smartphones MHealth App and Mobile Phones MHealth App.
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Table of Contents

Global MHealth App Market Size, Status and Forecast 2022
1 Industry Overview of MHealth App
1.1 MHealth App Market Overview
1.1.1 MHealth App Product Scope
1.1.2 Market Status and Outlook
1.2 Global MHealth App Market Size and Analysis by Regions
1.2.1 United States
1.2.2 EU
1.2.3 Japan
1.2.4 China
1.2.5 India
1.2.6 Southeast Asia
1.3 MHealth App Market by Type
1.3.1 Mobile Phones MHealth App
1.3.2 Smartphones MHealth App
1.4 MHealth App Market by End Users/Application
1.4.1 Ordinary People
1.4.2 Professional

2 Global MHealth App Competition Analysis by Players
2.1 MHealth App Market Size (Value) by Players (2016 and 2017)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future

3 Company (Top Players) Profiles
3.1 Fitstar
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 MHealth App Revenue (Value) (2012-2017)
3.1.5 Recent Developments
3.2 NIKE
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 MHealth App Revenue (Value) (2012-2017)
….
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This release was published on openPR.