Market Overview:
The global mHealth market is expected to grow at a CAGR of 16.5% from 2018 to 2030. The market growth is attributed to the increasing demand for mHealth devices and services across the globe. The rising prevalence of chronic diseases, such as cardiovascular diseases, diabetes, respiratory diseases, and neurological diseases is also propelling the growth of the global mHealth market. Additionally, technological advancements in mHealth devices and growing awareness about the benefits of using these devices are some other factors that are fueling the growth of this market. However, lack of standardization and interoperability among different types of mHealth devices may restrain the growth of this market during the forecast period. On basis on type ,the global Mhealth Market can be segmented into Devices and Services . Devices segment dominated th eglobal Mhealth Market in 2017 with a shareof more than 60%.
Product Definition:
mHealth is the use of mobile devices and technology for health purposes. This includes using mobile phones, tablets, or any other wireless devices to collect health data, provide health services, or support patient care. mHealth can help improve access to healthcare services and information for people in remote areas, as well as improve the quality and efficiency of healthcare delivery.
Devices:
Devices is a generic term used for any medical device or equipment. It includes mobile, wearable, internet of things devices and other connected devices. Devices are being widely used in mHealth market due to its benefits such as real-time monitoring and remote patient management which helps healthcare providers to provide better treatment plans at reduced costs.
Usage: The global devices market was valued at USD 76 billion in 2015.
Services:
The services are the application software or tools that help in managing patient health records, medical information and medication. The mHealth services include e-Prescription, Electronic Health Record (EHR), EHR Navigator, Medication adherence alert system (MAA), Patient engagement applications & wearable devices. Services usage is increasing due to growing penetration of smartphones and tablets coupled with rising internet accessibility across the globe.
Application Insights:
The others application segment accounted for the largest revenue share in 2017. The other applications include mental health, oncology, and infectious diseases. Increasing usage of mHealth for monitoring and managing chronic conditions such as diabetes, high blood pressure, asthma is anticipated to drive the segment growth over the forecast period.
mHealth solutions are being increasingly used by patients suffering from neurological diseases such as Parkinson¢â‚¬â„¢s disease or Alzheimer¢â‚¬â„¢s disease to access healthcare services through mobile devices. Furthermore, these solutions are also being increasingly used by medical professionals to improve patient compliance and enhance clinical outcomes thereby driving their adoption across various end-use segments including hospitals & clinics and home care settings among others Ž (see figure 1).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to factors such as increasing adoption of mHealth apps, growing awareness about mental health and well-being, and supportive government initiatives. For instance, in 2014, the U.S launched a national campaign for physical activity and healthy eating under “MyPlate†initiative that encourages people from all age groups to make healthier choices at every meal by emphasizing on balance nutrition.
Asia Pacific is anticipated to be one of the fastest-growing regions over the forecast period owing to factors such as improving internet infrastructure (speed & coverage), rising smartphone penetration, expanding insurance coverage through mobile phones (mHealth & telehealth), rising healthcare expenditure by companies etc.
Growth Factors:
- Increased smartphone and tablet adoption
- More mHealth apps being developed
- Government initiatives and funding for mHealth projects
- Rising awareness of the benefits of mHealth among consumers and healthcare professionals
- Advances in mobile technology
Scope Of The Report
Report Attributes
Report Details
Report Title
mHealth Market Research Report
By Type
Devices, Services
By Application
Cardiovascular diseases, Diabetes, Respiratory diseases, Neurological diseases, Others
By Companies
AT&T, LifeWatch, Boston Scientific, Omron Healthcare, Philips Healthcare, Sanofi, Bayer Healthcare, Johnson & Johnson, Masimo
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global mHealth Market Report Segments:
The global mHealth market is segmented on the basis of:
Types
Devices, Services
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
Cardiovascular diseases, Diabetes, Respiratory diseases, Neurological diseases, 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:
- AT&T
- LifeWatch
- Boston Scientific
- Omron Healthcare
- Philips Healthcare
- Sanofi
- Bayer Healthcare
- Johnson & Johnson
- Masimo
Highlights of The mHealth 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:
- Devices
- Services
- By Application:
- Cardiovascular diseases
- Diabetes
- Respiratory diseases
- Neurological diseases
- 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 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
mHealth is a term used to describe the use of mobile technology in healthcare. It can refer to anything from simple text messages that remind patients about their appointments, to more sophisticated apps that provide real-time information on health conditions. mHealth can also help patients manage their own care by tracking their medication intake, exercise habits, and other health data.
Some of the major companies in the mhealth market are AT&T, LifeWatch, Boston Scientific, Omron Healthcare, Philips Healthcare, Sanofi, Bayer Healthcare, Johnson & Johnson, Masimo.
The mhealth market is expected to register a CAGR of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. mHealth Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. mHealth Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. mHealth Market - Supply Chain
4.5. Global mHealth Market Forecast
4.5.1. mHealth Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. mHealth Market Size (000 Units) and Y-o-Y Growth
4.5.3. mHealth Market Absolute $ Opportunity
5. Global mHealth Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. mHealth Market Size and Volume Forecast by Type
5.3.1. Devices
5.3.2. Services
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global mHealth Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. mHealth Market Size and Volume Forecast by Application
6.3.1. Cardiovascular diseases
6.3.2. Diabetes
6.3.3. Respiratory diseases
6.3.4. Neurological diseases
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global mHealth Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. mHealth Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global mHealth Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. mHealth Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global mHealth Demand Share Forecast, 2019-2029
9. North America mHealth Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America mHealth Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America mHealth Market Size and Volume Forecast by Application
9.4.1. Cardiovascular diseases
9.4.2. Diabetes
9.4.3. Respiratory diseases
9.4.4. Neurological diseases
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America mHealth Market Size and Volume Forecast by Type
9.7.1. Devices
9.7.2. Services
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America mHealth Demand Share Forecast, 2019-2029
10. Latin America mHealth Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America mHealth Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America mHealth Market Size and Volume Forecast by Application
10.4.1. Cardiovascular diseases
10.4.2. Diabetes
10.4.3. Respiratory diseases
10.4.4. Neurological diseases
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America mHealth Market Size and Volume Forecast by Type
10.7.1. Devices
10.7.2. Services
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America mHealth Demand Share Forecast, 2019-2029
11. Europe mHealth Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe mHealth Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe mHealth Market Size and Volume Forecast by Application
11.4.1. Cardiovascular diseases
11.4.2. Diabetes
11.4.3. Respiratory diseases
11.4.4. Neurological diseases
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe mHealth Market Size and Volume Forecast by Type
11.7.1. Devices
11.7.2. Services
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysi
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe mHealth Demand Share, 2019-2029
12. Asia Pacific mHealth Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific mHealth Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific mHealth Market Size and Volume Forecast by Application
12.4.1. Cardiovascular diseases
12.4.2. Diabetes
12.4.3. Respiratory diseases
12.4.4. Neurological diseases
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific mHealth Market Size and Volume Forecast by Type
12.7.1. Devices
12.7.2. Services
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific mHealth Demand Share, 2019-2029
13. Middle East & Africa mHealth Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa mHealth Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa mHealth Market Size and Volume Forecast by Application
13.4.1. Cardiovascular diseases
13.4.2. Diabetes
13.4.3. Respiratory diseases
13.4.4. Neurological diseases
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa mHealth Market Size and Volume Forecast by Type
13.7.1. Devices
13.7.2. Services
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa mHealth Demand Share, 2019-2029
14. Competition Landscape
14.1. Global mHealth Market: Market Share Analysis
14.2. mHealth Distributors and Customers
14.3. mHealth Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AT&T
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. LifeWatch
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Boston Scientific
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Omron Healthcare
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Philips Healthcare
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sanofi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bayer Healthcare
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Johnson & Johnson
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Masimo
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook