Mhealth Solutions Market
The size of the worldwide mHealth market was estimated at USD 50.7 billion in 2021, and it is anticipated to increase at a CAGR of 11.0% from 2022 to 2030. The primary driver fueling market expansion is the growing emphasis on leveraging smart devices and wearables to improve personal health and fitness. Additionally, it is projected that increased mHealth platform and technology use by doctors and patients as well as rising internet and smartphone usage will fuel market expansion. The demand for mobile health apps is also rising as a result of the increasing use of digital health services for remote patient monitoring, which is anticipated to drive market expansion over the next years.
The use of electronic devices, such as mobile phones or other wireless technologies, for medical treatment is referred to as “mHealth services.” Mobile health applications aid in teaching patients and the public about preventive healthcare. Additionally, it is utilised for detecting epidemic outbreaks, managing chronic diseases, and supporting treatment. Due to an increase in mHealth technology acceptance among individuals, the global market for mHealth services is anticipated to grow rapidly over the coming years. The global mHealth services market is anticipated to grow rapidly throughout as it is a rapidly expanding and technologically driven service. It is anticipated that these trends will alter how healthcare services are provided globally. With a revenue share of 75.4% in 2021, the mHealth apps sector led the market for mHealth. The drivers behind the increasing market value of the segment include the rising internet and smartphone penetration rates, as well as the expanding patient and healthcare professional usage of mobile health apps. The segment is also expected to grow over the next years as a result of increasing consumer awareness of mobile health apps for remote patient monitoring, patient tracking, prescription management, illness management, fitness and wellness, women’s health, personal health record management, etc. In addition, it is projected that the market for mHealth apps would expand due to the rising prevalence of chronic diseases and the widespread use of remote patient care technology.
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Mhealth Solutions Market: Segment Analysis
Global Mhealth Solutions Market: Top Key Players
Jawbone
AliveCor, Inc
Sanofi
AirStrip Technologies, Inc
Koninklijke Philips N.V
LifeWatch AG
Nike Inc
Medtronic, Inc
Apple, Inc
Mobisante, Inc
Global Mhealth Solutions Market: By Types
Blood Pressure Monitors
Blood Glucose Meters
Multiparameter Trackers
ECG Monitors
Pulse Oximeters
Peak Flow Meters
Neurological Monitoring Devices
Sleep Apnea Monitors
Others (Coagulation Monitors, Digital Skin Sensors, Pregnancy, and Women’s Health Monitors)
Global Mhealth Solutions Market: By Applications
Chronic Care Management
General Healthcare and Fitness Apps
Women’s Health
Medical Applications Market for Professionals
Global Mhealth Solutions Market: By Countries
United States
Canada
Germany
UK
France
Italy
Spain
Russia
China
Japan
South Korea
Australia
Thailand
Brazil
Argentina
Chile
South Africa
Egypt
UAE
Saudi Arabia
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Key Questions Answered in This Report:
• What is the driving factor for the growth of the Mhealth Solutions market?
• How will the COVID-19 pandemic impact the demand and consumption of the Mhealth Solutions market?
• What is the major application area of the Mhealth Solutions market?
• Who are the Mhealth Solutions manufacturers across the globe?
• Which geographical location is dominant in the Mhealth Solutions market?
• Which are the top industry players in the Mhealth Solutions market?
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