mHealth Market Size, Industry Growth and Forecast to 2026
The mHealth market had a value of USD 34.28 billion in 2018 and is expected to grow to USD 293.29 billion by 2026, with a projected compound annual growth rate of 29.1% during the forecast period.
mHealth Market Research Report provides a key analysis of the market status of mHealth Market with the most up-to-date facts and figures, meaning, definition, SWOT analysis, expert opinions, and the most recent developments around the world. The market size, sales, price, revenue, gross margin, market share, cost structure, and growth rate are all calculated in the report. The revenue generated from the sales of This Report and technologies by various application segments and Browse Market data Tables is taken into account in the report.
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The mHealth Market report examines the various market scenarios that have an impact on market growth. Market dynamics, including drivers, restraints, challenges, threats, and potential growth opportunities, market trends, development patterns, financial information, latest technologies, innovations, leading competitors, and regional analysis of the market are all covered in the mHealth Market report study.
The major players operating in this market has been profiled in a manner which discloses key details about the companies, including the company overview, products and services, recent news, technological developments, innovations, revenue, key financials, and SWOT analysis.
- Fitbit, Inc.
- Apple Inc.
- DEXCOM
- Jawbone Health Hub, Inc.
- Omada Health, Inc.
- BioTelemetry, Inc.
- Livongo Health
- AT&T
- Boston Scientific Corporation
- Omron Healthcare, Inc.
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Market Drivers:
The increasing adoption of smartphones around the world is a major driving force behind the growth of the mHealth market. Many individuals own multiple smartphones, cell phones, or tablets. According to the Center for Technology Innovations at Brookings, there were over 9.7 billion cellular connections in 2017. Additionally, the Center for Technology Innovation reported that China and India have the highest number of mobile devices. The widespread use of smartphones will allow people to access various healthcare services through wireless multimedia, thereby promoting the adoption of mHealth services. Therefore, this factor will significantly contribute to market growth.
The Report Includes
- Research Methodology
• Report Introduction
• List of Table & Figures
• Overview of the Market
• Regional Analysis
• Graphical Representation of Size, Trends, and Shares
• In-Depth Industry Analysis
• Opportunities Present In the Market
• mHealth Market Drivers
• Market Restrains
Regional Analysis:
Europe experienced the highest revenue in 2018 and is expected to see substantial growth in the coming years. The entry of numerous digital health startups into the European mHealth market will significantly contribute to the region’s growth. Additionally, the increasing prevalence of chronic health conditions like cardiovascular diseases and diabetes will drive the expansion of the mobile health market in Europe. Furthermore, the rising need for remote patient monitoring for individuals with limited access to medical facilities due to geographical constraints will also bolster the market growth in Europe.
Segmentation:
By Category
- Apps
- Disease & Treatment Management
- Healthcare Providers/Insurance
- Medication Reminders
- Women Health And Pregnancy
- Disease Specific
- Wellness Management
- Fitness
- Lifestyle and stress
- Diet and Nutrition
- Others
- Wearable
- Body & Temperature Monitors
- Sleep Trackers
- fitness Trackers
- Glucose Monitors
- BP Monitors
- Cardiac Monitors
- Others
By Services Type
- Monitoring Services
- Fitness & Wellness Solutions
- Diagnostic Services
- Treatment Services
- Others
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