MHealth Market Size, Share, Trends, Demand, Growth, Techniques, Overview, Segmentations, Classifications & Forecasts to 2027

mHealth Market Size – USD 40.90 billion in 2019, mHealth Market Growth – CAGR of 32.8%, mHealth Industry trends – Rapid digitalization in the healthcare sector.

The Global mHealth Market is forecasted to be worth USD 361.67 Billion by 2027, according to a current analysis by Emergen Research. The mHealth market has experienced an increase in demand in the past couple of years, due to the surge in the prevalence of smartphones and the advent of advanced technologies in the medical industry. Digital health has emerged as a triumphant venture, attracting several organizations and industries from outside the healthcare domain.

Applications on mobile help people in managing their own health, have access to necessary information wherever and whenever required, and promote healthy living. These technologies are being rapidly adopted, which is promoting their development. The advent of advanced technologies has revolutionized the industry for healthcare. Increased investments in health start-ups have also gained momentum, which has further propelled the demand for the market. New entrants to the industry are coming up with innovative ideas to make these apps more customer-friendly and are trying to tap into ample growth opportunities.

Ineffective communication between doctors and patients is among the biggest cause of errors in the medical sector. mHealth mobile apps are held with these issues. They provide point-of-care tools in the devices and allow for effective communication, better clinical decision-making, and improve patient outcomes.

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Key participants include mQure, AT&T, Allscripts Healthcare Solutions, Omron Healthcare Inc., Apple Inc., Samsung Electronics Corporation, Bayer Healthcare, Philips Healthcare, Cardionet Inc., and LifeWatch AG, among others.

Regional Analysis 

North America is foreseen to lead the market throughout the projected timeframe owing to the rising adoption of EHRs, increasing valuation reimbursement, the increasing number of government regulations to minimize medical expenses, and increasing focus on personalized medicine. Asia Pacific market is foreseen to expand at a substantial CAGR owing to accelerating advancement in healthcare and IT, increasing data acquisition, and increasing investment to encourage the adoption of innovative analytics solutions.

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Platform Outlook (Revenue, USD Billion; 2017-2027)

1. Mobile Apps
2. Wearable Devices

Application Outlook (Revenue, USD Billion; 2017-2027)

1. Education and Awareness
2. Disease and Epidemic Outbreak Tracking
3. Communication and Training
4. Diagnostics and Treatment
5. Remote Data Collection
6. Remote Monitoring
7. Others

End-Use Outlook (Revenue, USD Billion; 2017-2027)

1. Physicians
2. Patients
3. Research Centers
4. Insurance Companies
5. Pharmacies
6. Government
7. Biopharmaceutical Companies
8. Tech Companies
9. Others

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. MHealth Market Segmentation & Impact Analysis

    4.1. MHealth Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Increasing prevalence of smart phone and internet

                    4.2.2.2. Rising adoption of smart wearable devices

                    4.2.2.3. Growing incidence of chronic diseases

          4.2.3. Market restraints analysis

                    4.2.3.1. Stringent regulatory policies

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. MHealth Market By Platform Insights & Trends, Revenue (USD Million)

    5.1. Platform Dynamics & Market Share, 2019 & 2027

          5.1.1. Mobile Apps

                    5.1.1.1. Wellness Management

                    5.1.1.2. Health Condition Management

          5.1.2. Wearable Devices

                    5.1.2.1. Fitness Devices

                    5.1.2.2. Cardiac Monitors

                    5.1.2.3. Respiratory Monitors

                    5.1.2.4. Blood Glucose Monitors

                    5.1.2.5. Neurological Monitors

                    5.1.2.6. Body & Temperature Monitors

                    5.1.2.7. Others

Chapter 6. MHealth Market By Application Insights & Trends Revenue (USD Million)

    6.1. Application Dynamics & Market Share, 2019 & 2027

          6.1.1. Education and Awareness

          6.1.2. Disease and Epidemic Outbreak Tracking

          6.1.3. Communication and Training

          6.1.4. Diagnostics and Treatment

          6.1.5. Remote Data Collection

          6.1.6. Remote Monitoring

          6.1.7. Others

Chapter 7. MHealth Market By End Use Insights & Trends Revenue (USD Million)

    7.1. End Use Dynamics & Market Share, 2019 & 2027

          7.1.1. Physicians

          7.1.2. Patients

          7.1.3. Research Centers

          7.1.4. Insurance Companies

          7.1.5. Pharmacies

          7.1.6. Government

          7.1.7. Biopharmaceutical Companies

          7.1.8. Tech Companies

          7.1.9. Others

Continue…

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