Industry Background:
The global mHealth Services market is expected to witness high demand in the forecasted period due to increasing internet penetration across the world. mHealth is a general term used for mobile health, which provides assistance to public health using smart devices such as; mobile phones, tablet computers & PDAs, and wearable devices such as smart watches. mHealth applications provide medical assistance activities such as; collecting community & clinical health data, delivery of healthcare information to practitioners, researchers & patients, real-time monitoring of patient vital signs, and direct provision of care. mHealth broadly encompasses the use of mobile telecommunication and multimedia technologies as they are integrated within mobile and wireless health care delivery systems. Some of the mHealth technologies include patient monitoring devices, mobile telemedicine/telecare devices, microcomputers, data collection software, mobile operating system technology, mobile applications (e.g. social wellness solutions), and chatterbots. The mHealth helps in educating consumers about preventive health care services. It also helps in disease surveillance, treatment support, epidemic outbreak tracking, and chronic disease management.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Vodafone Group Plc. (United Kingdom), AT&T Inc. (United States), Apple Inc. (United States), Alcatel-lucent (France), Airstrip technologies Inc. (United States), Cerner Corporation (United States), SoftServe Inc. (Ukraine), Symantec Corporation (United States), Medtronic plc (Ireland) and Omron Corporation (United States) |
According to AMA, the market for mHealth Services is expected to register a CAGR of 21.9% during the forecast period to 2030. This growth is primarily driven by Growing Focus on Patient-Centric Healthcare Delivery, Rising Use of Mobile, Smartphones, and Tabs and Growing Government Initiatives and Rise in Physician’s Acceptance.
Globally, a noticeable market trend is evident Robust Penetration of 3G and 4G Networks for Uninterrupted Healthcare Services
The Health Care Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Vodafone Group Plc. (United Kingdom), AT&T Inc. (United States), Apple Inc. (United States), Alcatel-lucent (France), Airstrip technologies Inc. (United States), Cerner Corporation (United States), SoftServe Inc. (Ukraine), Symantec Corporation (United States), Medtronic plc (Ireland) and Omron Corporation (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. This market has various growth opportunities that leading players capture via tracking the ongoing process enhancement and huge investment in market growth strategies.
Key Developments in the Market:
In January 2023, Garmin Ltd. introduced the Instinct Crossover Series in India, offering Garmin’s full wellness features, including health monitoring activities, sleep score, and advanced sleep monitoring.
In March 2023, Apple Inc., to improve digital health, announced plans to upgrade AirPods with health tracking features, including temperature monitors, motion detectors, and biometric sensors to detect perspiration & heart rate, by 2025.
Regulatory Insights:
According to, "HITECH (Health Information Technology for Economic and Clinical Health) Act – HITECH is part of the American Recovery and Reinvestment Act of 2009 (ARRA). The HITECH Act is intended to encourage more effective and efficient healthcare through the use of technology, like implementing electronic health records (eHR), thereby reducing the healthcare costs and enabling greater access to the system. It aims to address the privacy and security concerns associated with the electronic transmission of health information."
Influencing Trend:
Robust Penetration of 3G and 4G Networks for Uninterrupted Healthcare Services and Increasing Use of Electronic Devices for Healthcare Management
Market Growth Drivers:
Growing Focus on Patient-Centric Healthcare Delivery, Rising Use of Mobile, Smartphones, and Tabs and Growing Government Initiatives and Rise in Physician’s Acceptance
Challenges:
Patent Protection for mHealth Devices and Applications, Lack of Data Security Giving Rise to Concerns Regarding Data Theft and Healthcare Fraud and Patent Protection for mHealth Devices and Applications
Restraints:
Lack of Awareness about the Importance of Mhealth Service, Rising incidences of Technological Risk and Lack of guidance from Physicians while Selecting Apps
Opportunities:
Growing Adoption of Mhealth Solutions in Other Mobile Platforms and Rising incidence of Lifestyle Disorders
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in mHealth Services Market
- Analysis about New Entrants in mHealth Services Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, mHealth Services Study Sheds Light on
The mHealth Services Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the mHealth Services industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where mHealth Services industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.