About Mhealth
mHealth being one of the eHealth aspects is getting advanced in acquiring, transporting, storing, processing and securing raw & processed data to deliver meaningful results. The rapid rise in the incidence of the chronic diseases as well as the advancing technologies in the mobile health apps has delivered information of personal healthcare on the regular basis which is one of the major factor fuelling the mHealth market. Mobile Health (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 smartwatches. It helps in educating consumers about preventive health care services.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
CAGR | 25.4% |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Mhealth market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Omron Corporation (United States), Apple, Inc. (United States), AirStrip Technologies (United States), AliveCor, Inc. (United States), BioTelemetry Inc. (United States), athenahealth, Inc. (United States), AgaMatrix, Inc. (United States), iHealth Lab, Inc. (United States), AT&T (United States), Cerner Corporation (United States), Cisco Systems, Inc. (United States), Medtronic plc (Ireland), Koninklijke Philips N.V. (Netherlands), LifeWatch AG (Switzerland), Nokia Corporation (Finland) and Johnson & Johnson (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Diversinet Corporation (Canada) and Withings (France).
Segmentation Overview
AMA Research has segmented the market of Global Mhealth market by Type (Connected Devices, Apps and Services), Application (Cardiovascular Diseases, Diabetes, Respiratory Diseases, Neurological Diseases and Others) and Region.
On the basis of geography, the market of Mhealth has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2024. If we see Market by End User, the sub-segment i.e. Physicians will boost the Mhealth market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement in Technology of Connected Devices and mHealth App with Rise in use of Wearable Health Technology, Growing Application of Cloud-Based mHealth Solution and Remote monitoring and Growing Focus on Consumer- Centric Mobility Solutions
Market Growth Drivers:
Rising Use of Mobile phones, Tablets, Smart Phones and other Mobile Platform, Cost Containment of Healthcare Delivery, Rising Focus on Patient-Centric Healthcare Delivery and Increasing Consumption of Connected Devices and mHealth Apps for the Management of Chronic Diseases
Challenges:
Difficulties in Finding mHealth Apps in Stores and Patent Protection for mHealth Devices and Applications
Restraints:
Lack of Standards and Regulations, Increasing Concerns Regarding Health care Fraud And Data Theft which Require Data Security and Lack of guidance from Physicians while Selecting Apps
Opportunities:
Rising Incidence of Lifestyle Disorders and Growing Adoption of mHealth Solutions
Market Leaders and their expansionary development strategies
In June 2017, Johnson & Johnson an American multinational medical devices, pharmaceutical and consumer packaged goods manufacturing company acquired the Actelion
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.
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.
Key Target Audience
Healthcare Application Developers, Medical Device Vendors, Mobile Network Providers, Connectivity Providers, Mobile Platform Developers, Insurance Providers (Payers), Healthcare Institutions (Hospitals, Medical Schools, And Outpatient Clinics), Research And Consulting Firms, Research Institutes, Contract Research Organizations (Cros), Contract Manufacturing Organizations (Cmos) and Venture Capitalists
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.