According to the United Nation Department of Economic and Social Affairs (UNDESA), world population ageing 2017 report, in North America, the population of people aged 60 years or above was approximately 78.4 million in 2017, and the number is estimated to reach 122.8 billion by 2050.

The article cited AMA's "Global Mhealth Market Study" explored substantial growth in North America and CAGR of 25.4%. According to the report, Advancement in Technology of Connected Devices and mHealth App with Rise in use of Wearable Health Technology is one of the primary growth factors for the market. Rising Use of Mobile phones, Tablets, Smart Phones and other Mobile Platform is also expected to contribute significantly to the Mhealth market. Overall, Cardiovascular Diseases applications of Mhealth, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End User, such as Physicians, is boosting the Mhealth market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Mhealth market identified that the demand is rising in many different parts of the world as "Rising Incidence of Lifestyle Disorders ". Furthermore, some recent industry insights like "In September , 2021 - Mount Sinai Health System has introduced a new mHealth app to improve patient data access, enhance patient-provider communication, and create a centralized platform for all patient healthcare needs." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Mhealth market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Mhealth market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Mhealth market size is calculated using market estimation process, the Mhealth market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Mhealth market size has been validated using both top-down and bottom-up approaches.