Market Overview:
The global M-health device market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing adoption of smartphones and other mobile devices, growing demand for mHealth apps, and rising incidence of chronic diseases. In terms of type, the diagnostic device segment is expected to account for the largest share of the global M-health device market in 2018. This segment is projected to grow at a CAGR of 17% during the forecast period. The therapeutic device segment is projected to grow at a CAGR of 15% during the same period.
Product Definition:
An M-health device is a mobile phone, personal digital assistant (PDA), or other wireless device that is used to monitor and manage health conditions. M-health devices can be used to collect data, provide educational information, or connect people with healthcare providers. The use of m-health devices can help improve the quality of care for patients and reduce costs for healthcare providers.
Diagnostic Device:
A diagnostic device is a medical instrument used for the diagnosis of disease or condition. It helps in determining the cause and nature of a health problem by evaluating, testing, and monitoring various body functions.
Therapeutic Device:
Therapeutic devices are used to diagnose, treat, mitigate or prevent disease, injury or dysfunction. Therapeutic devices can be divided into two broad categories - those that provide diagnostic services and those that provide therapeutic services. The M-Health Device market is expected to grow at a significant rate over the forecast period owing to factors such as increasing penetration of smartphones & tablets coupled with rising internet accessibility along with favorable government initiatives for promoting e-healthcare in developing countries like India and China.
Application Insights:
The adult segment held the largest share of over 70.0% in 2017. The segment includes patients suffering from chronic diseases such as cancer, diabetes and cardiovascular diseases. These patients require regular monitoring and healthcare visits, which is making them susceptible to various m-health applications. Furthermore, an increasing number of initiatives by companies including Samsung Health & Fitness and Xiaomi Corporation are expected to boost the growth of this application segment during the forecast period.
The children¢â‚¬â„¢s application segment is expected to witness significant growth during the forecast period owing to rising incidences of obesity among children as well as adolescents worldwide due to unhealthy eating habits along with a sedentary lifestyle dominated by smartphones rather than playing outdoors which has resulted in new medical problems for these kids that need solutions at an early age before they get complicated requiring hospitalization or surgery causing parents considerable financial burden on account of travel expenses etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to favorable healthcare reforms, increasing adoption of m-health applications, and rising investments by players in this space. Moreover, initiatives such as eHealthy San Francisco are being taken by city governments for improving health outcomes through digitalization and information technology-based services (ITBS). For instance, under this initiative launched in 2014 by the city government of San Francisco; it was made mandatory for all restaurants to install point of sale (POS) systems that would enable them to electronically file reports about their sales data with local agencies along with other required information such as food inspection records or public health alerts regarding restaurant workers or patrons.
Asia Pacific is anticipated to witness lucrative growth over the next few years owing high population density.
Growth Factors:
- Increasing demand for preventive healthcare: There is an increasing demand for preventive healthcare, especially among the aging population. This has led to a rise in the adoption of m-health devices, which can help people track their health and fitness levels.
- Proliferation of smartphones and other mobile devices: The proliferation of smartphones and other mobile devices has helped fuel the growth of the m-health device market. With more people using these devices, there is a greater demand for m-health applications and services.
- Rising awareness about m-health applications: There is growing awareness about the potential benefits of using m-health applications among consumers as well as healthcare professionals. This is helping to drive adoption rates for these applications and services.
Scope Of The Report
Report Attributes
Report Details
Report Title
M-Health Device Market Research Report
By Type
Diagnostic Device, Therapeutic Device
By Application
Adult, Children
By Companies
Allscripts, Apple, Athenahealth, Cerner, Ge Healthcare, Philips, Medtronics, Johnson & Johnson, Allscripts
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global M-Health Device Market Report Segments:
The global M-Health Device market is segmented on the basis of:
Types
Diagnostic Device, Therapeutic Device
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adult, Children
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Allscripts
- Apple
- Athenahealth
- Cerner
- Ge Healthcare
- Philips
- Medtronics
- Johnson & Johnson
- Allscripts
Highlights of The M-Health Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diagnostic Device
- Therapeutic Device
- By Application:
- Adult
- Children
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the M-Health Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A M-Health Device is a wearable or mobile device that can be used to monitor and track health data. This could include things like heart rate, blood pressure, calories burned, and steps taken.
Some of the major companies in the m-health device market are Allscripts, Apple, Athenahealth, Cerner, Ge Healthcare, Philips, Medtronics, Johnson & Johnson, Allscripts.
The m-health device market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 M-Health Device Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 M-Health Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 M-Health Device Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the M-Health Device Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global M-Health Device Market Size & Forecast, 2018-2028
4.5.1 M-Health Device Market Size and Y-o-Y Growth
4.5.2 M-Health Device Market Absolute $ Opportunity
Chapter 5 Global M-Health Device Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 M-Health Device Market Size Forecast by Type
5.2.1 Diagnostic Device
5.2.2 Therapeutic Device
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global M-Health Device Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 M-Health Device Market Size Forecast by Applications
6.2.1 Adult
6.2.2 Children
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global M-Health Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 M-Health Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America M-Health Device Analysis and Forecast
9.1 Introduction
9.2 North America M-Health Device Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America M-Health Device Market Size Forecast by Type
9.6.1 Diagnostic Device
9.6.2 Therapeutic Device
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America M-Health Device Market Size Forecast by Applications
9.10.1 Adult
9.10.2 Children
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe M-Health Device Analysis and Forecast
10.1 Introduction
10.2 Europe M-Health Device Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe M-Health Device Market Size Forecast by Type
10.6.1 Diagnostic Device
10.6.2 Therapeutic Device
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe M-Health Device Market Size Forecast by Applications
10.10.1 Adult
10.10.2 Children
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific M-Health Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific M-Health Device Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific M-Health Device Market Size Forecast by Type
11.6.1 Diagnostic Device
11.6.2 Therapeutic Device
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific M-Health Device Market Size Forecast by Applications
11.10.1 Adult
11.10.2 Children
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America M-Health Device Analysis and Forecast
12.1 Introduction
12.2 Latin America M-Health Device Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America M-Health Device Market Size Forecast by Type
12.6.1 Diagnostic Device
12.6.2 Therapeutic Device
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America M-Health Device Market Size Forecast by Applications
12.10.1 Adult
12.10.2 Children
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) M-Health Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) M-Health Device Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) M-Health Device Market Size Forecast by Type
13.6.1 Diagnostic Device
13.6.2 Therapeutic Device
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) M-Health Device Market Size Forecast by Applications
13.10.1 Adult
13.10.2 Children
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 M-Health Device Market: Competitive Dashboard
14.2 Global M-Health Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Allscripts
14.3.2 Apple
14.3.3 Athenahealth
14.3.4 Cerner
14.3.5 Ge Healthcare
14.3.6 Philips
14.3.7 Medtronics
14.3.8 Johnson & Johnson
14.3.9 Allscripts
