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Unveiling the Potential of the mHealth Market: A Look into Future Demand and Adoption

  • Writer: Rahul Bhimrao Nikambe
    Rahul Bhimrao Nikambe
  • Jul 13, 2023
  • 3 min read

The global mHealth market was valued at USD 35.2 Bn in 2021. The market is projected to grow USD 293.2 Bn in 2030, at a CAGR of 22.3%.


The global mHealth market research gives a detailed and practical analysis of the products and services in this market which provides a competitive advantage to the existing and new businesses. In depth study and overview of the market has been collected by the overall insight of the industry and specifies the market segmentation, potential opportunities, growing market trends and events, current and future advancements, and other elements. This report will also showcase many possibilities of upscaling the global mHealth market share size.

The global business has experienced a major impact of the COVID-19 pandemic. This study report represents a critical turning point for the mHealth industry and provides useful data to businesses to understand market challenges such as sloth in business activity due to the strict lockdowns globally.

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The competitive landscape of mHealth market includes major players such as:

  • Fitbit, Inc.

  • Apple Inc.

  • DEXCOM

  • Jawbone Health Hub, Inc.

  • Omada Health, Inc.

  • Airstrip Technologies, Inc.

  • BioTelemetry, Inc.

  • Livongo Health

  • Allscripts Healthcare Solutions

  • AT&T

  • Boston Scientific Corporation

  • Omron Healthcare, Inc.

However, with relaxations in lockdown rules and regulations by the government, it can be said that the industry is stepping towards the potential growth and is anticipated to record a substantial revenue generation in the near future.

Additionally, this study report covers the latest business models and represents the range of expansion of the global market. Anticipation of manufacturing new products and providing latest services also mentioned in the study which will end up being profitable for the economic environment of mHealth market. It also provides details of various attributes of the market that have been changed over the time such as market size, supply and mHealth market demand.

The mHealth market is segmented by types into:

SEGMENTATION

By Component

  • Wearables

  • AppsMedical Apps Fitness Apps

By Service Type

  • Monitoring

  • Diagnostic

  • Treatment

By Provider

  • mhealth App Companies

  • Pharmaceutical Companies

  • Hospitals

  • Health Insurance Providers

  • Others

By Region

  • North America- U.S., Mexico, Canada

  • Europe- UK, France, Germany, Italy

  • Asia-Pacific- China, Japan, India

  • Latin America- Brazil, Argentina, Colombia

The research report delivers several marketing strategies and a robust backup plan for companies working in the mHealth industry. The study lists a brief data about firms standing in the market, their long-term goals, market size, market share, and their value of presence at the global level of the market.

The global mHealth market research report includes geographical market segmentation in the regions of Asia Pacific, North America, South America, Europe, Africa, and the Middle East. It also examines market predictions depending on the regional areas around the globe that will help the businesses to understand the market and how they can maintain their position in the same. The study of this report includes region-wise MHealth market size along with estimations of potential market growth opportunities.

TABLE OF CONTENTS

Chapter 1. Executive Summary

Chapter 2. Research Methodology

Chapter 3. Market Outlook

Chapter 4. COVID-19 Impact On mHealth Market

Chapter 5. Global mHealth Market Overview, By Component, 2017 – 2030(USD Million)

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