Market Overview:
The global MHealth sensor 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 demand for MHealth sensors from various application segments such as patients, athletes, and others. Additionally, the growing adoption of wireless sensor networks and wearable technology is also contributing to the growth of this market. However, factors such as data security and privacy concerns may restrain the growth of this market in some regions during the forecast period.
Product Definition:
MHealth Sensor is a device that can be used to monitor various health parameters such as heart rate, blood pressure, and blood sugar levels. It can also be used to track physical activity and sleep patterns. The information collected by the MHealth Sensor can be used to help people make better health decisions.
Wireless Sensor Networks:
Wireless sensor networks (WSN) are a group of nodes, each equipped with sensors and an actuator or transducer for communication. These nodes are wirelessly linked to one another using radio frequency (RF) waves or infrared light. The data collected by the sensors is transmitted over a network to the computers where it is analyzed and displayed graphically.
EHealth:
EHealth is a digital platform for health records, it provides access to patient information from multiple care settings through one convenient portal. It also helps in reducing the cost of healthcare administration and improves the quality of healthcare delivery by providing clinical decision support and population health management.
Application Insights:
The patient application segment accounted for the largest revenue share in 2016 and is expected to continue its dominance over the forecast period. The growing number of chronic diseases, such as diabetes, and rising demand for self-monitoring devices are among key factors driving the market growth. For instance, as per a study published in November 2017 by researchers at Stanford University School of Medicine, around 20% to 40% of patients with type 2 diabetes have hypoglycemic unawareness which leads to low awareness of symptoms associated with hypoglycemia. This study further states that continuous monitoring can potentially prevent more than 9 out 10 cases of severe hypoglycemia across all age groups. Such studies are paving way for mHealth sensors in patient applications worldwide thus propelling overall industry growth over the forecast period.
The other applications segment includes environmental health hazards monitoring, food safety & inspection (FSI), animal health & disease tracking (AHDT),.
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 government initiatives, increasing adoption of smartphones, and rising healthcare expenditure in this region. For instance, according to a study published by Mckinsey in 2018, every year around USD X trillion are spent on healthcare and yet only 20% of people feel they understand their health well enough for them make decisions about it.
Asia Pacific is anticipated to witness lucrative growth over the next eight years owing with rapid urbanization coupled with growing population especially in China & India has led towards an increase number of patients seeking medical assistance which will drive regional demand for mHealth sensors during the forecast period from 2018 To 2030 The Middle East & Africa (MEA) region also presents significant opportunities due its large youth population that's increasingly adopting mobile phones.
Growth Factors:
- Increasing demand for preventive healthcare: There is an increasing demand for preventive healthcare, which is driving the growth of the mHealth sensor market. Mhealth sensors help in tracking and monitoring various health parameters such as heart rate, blood pressure, and blood sugar levels on a real-time basis. This helps in early diagnosis and prevention of diseases.
- Growing popularity of wearable devices: The growing popularity of wearable devices is another major driver for the mHealth sensor market. Wearable devices are equipped with sensors that track various health parameters such as heart rate, steps taken, calories burned, etc., which helps in improving overall fitness and wellness.
- Rising incidence of chronic diseases: The incidence of chronic diseases such as diabetes mellitus, cardiovascular disease (CVD), and obesity is rising at an alarming rate across the globe due to changing lifestyles and dietary habits. This is driving the growth of the mHealth sensor market as these sensors can be used to monitor these conditions effectively and help manage them better..
Scope Of The Report
Report Attributes
Report Details
Report Title
MHealth Sensor Market Research Report
By Type
Wireless Sensor Networks, EHealth, Wearable Technology, Others
By Application
Patient, Athlete, Others
By Companies
Medtronic, Apple, Koninklijke Philips, Fitbit, Amazfit, Polar
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
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global MHealth Sensor Market Report Segments:
The global MHealth Sensor market is segmented on the basis of:
Types
Wireless Sensor Networks, EHealth, Wearable Technology, Others
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
Patient, Athlete, Others
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:
- Medtronic
- Apple
- Koninklijke Philips
- Fitbit
- Amazfit
- Polar
Highlights of The MHealth Sensor 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:
- Wireless Sensor Networks
- EHealth
- Wearable Technology
- Others
- By Application:
- Patient
- Athlete
- Others
- 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 MHealth Sensor 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 MHealth sensor is a type of wearable device that collects data about health and well-being. They can be used to track things like heart rate, steps taken, and sleep quality.
Some of the major companies in the mhealth sensor market are Medtronic, Apple, Koninklijke Philips, Fitbit, Amazfit, Polar.
The mhealth sensor market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MHealth Sensor 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 MHealth Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MHealth Sensor 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 MHealth Sensor 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 MHealth Sensor Market Size & Forecast, 2018-2028
4.5.1 MHealth Sensor Market Size and Y-o-Y Growth
4.5.2 MHealth Sensor Market Absolute $ Opportunity
Chapter 5 Global MHealth Sensor 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 MHealth Sensor Market Size Forecast by Type
5.2.1 Wireless Sensor Networks
5.2.2 EHealth
5.2.3 Wearable Technology
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global MHealth Sensor 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 MHealth Sensor Market Size Forecast by Applications
6.2.1 Patient
6.2.2 Athlete
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MHealth Sensor 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 MHealth Sensor 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 MHealth Sensor Analysis and Forecast
9.1 Introduction
9.2 North America MHealth Sensor 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 MHealth Sensor Market Size Forecast by Type
9.6.1 Wireless Sensor Networks
9.6.2 EHealth
9.6.3 Wearable Technology
9.6.4 Others
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 MHealth Sensor Market Size Forecast by Applications
9.10.1 Patient
9.10.2 Athlete
9.10.3 Others
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 MHealth Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe MHealth Sensor 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 MHealth Sensor Market Size Forecast by Type
10.6.1 Wireless Sensor Networks
10.6.2 EHealth
10.6.3 Wearable Technology
10.6.4 Others
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 MHealth Sensor Market Size Forecast by Applications
10.10.1 Patient
10.10.2 Athlete
10.10.3 Others
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 MHealth Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific MHealth Sensor 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 MHealth Sensor Market Size Forecast by Type
11.6.1 Wireless Sensor Networks
11.6.2 EHealth
11.6.3 Wearable Technology
11.6.4 Others
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 MHealth Sensor Market Size Forecast by Applications
11.10.1 Patient
11.10.2 Athlete
11.10.3 Others
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 MHealth Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America MHealth Sensor 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 MHealth Sensor Market Size Forecast by Type
12.6.1 Wireless Sensor Networks
12.6.2 EHealth
12.6.3 Wearable Technology
12.6.4 Others
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 MHealth Sensor Market Size Forecast by Applications
12.10.1 Patient
12.10.2 Athlete
12.10.3 Others
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) MHealth Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) MHealth Sensor 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) MHealth Sensor Market Size Forecast by Type
13.6.1 Wireless Sensor Networks
13.6.2 EHealth
13.6.3 Wearable Technology
13.6.4 Others
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) MHealth Sensor Market Size Forecast by Applications
13.10.1 Patient
13.10.2 Athlete
13.10.3 Others
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 MHealth Sensor Market: Competitive Dashboard
14.2 Global MHealth Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Apple
14.3.3 Koninklijke Philips
14.3.4 Fitbit
14.3.5 Amazfit
14.3.6 Polar
