MHealth Market Analysis & Forecast 2024-2030

MHealth Market Report by Product Type (Devices, Services ) by Application /End User (Cardiovascular diseases, Diabetes, Respiratory diseases, Neurological diseases ) by Industry Analysis, Volume, Share, Growth, Challenges, Trends, and Forecast 2024-2030, Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, Africa)

Report Code: PSMR- 1125          Category: Pharmaceutical          Region :  Global         Report Format :                  

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     Table of Contents

    Global MHealth Market is expected to reach USD 808234.73 million by 2030 with CAGR of 28.4% between 2024 and 2030

    Mobile health (mHealth) is a general term used for medicine and health care over mobile phones, tablets, PDAs, computers and other wireless technology in medical care. eHealth is a branch of healthcare. Mobile health technology performs functions, such as obtaining vital signs, delivering information to doctors and allowing remote exams, on tablets, cell phones and other portable devices.
     

    The primary function of Mobile health the use of mobile phones and communication devices for obtaining information immediately to diagnose illnesses, track diseases and provide timely information to educate consumers about preventive health care services especially in underserved countries. Mobile health is also used for disease surveillance, treatment support, epidemic outbreak tracking and chronic disease management and is already being used to monitor a variety of conditions including heart disease, diabetes, autism, insomnia and asthma.
     

    MHealth Market

    Mobile health devices and wearable technologies are becoming increasingly popular as the number of individuals using these devices to monitor and manage their health is predicted to grow rapidly to over 2 billion by 2025. The most common applications for mobile health include education and awareness, diagnostic and treatment support, disease and epidemic outbreak tracking, healthcare supply chain management, remote data collection, remote monitoring, healthcare worker telecommunication and training, telehealth / telemedicine, chronic disease management.
     

    Healthcare providers use mobile health technology to access clinical information, collaborate with care teams e.g., with secure text messaging, communicate with patients, offer real-time monitoring of patients and provide health care remotely also called telemedicine. Patients use mobile health technology to track their own health data through mHealth apps, access their clinical records through mobile-enabled patient portals and communicate with their providers e.g., through HIPAA-compliant e-mail and secure text messaging. Mobile health technology is used for training and education relative to health issues for medical students and interns working in remote communities.
     

    North America is the largest mobile health (mHealth) market followed by Europe and Asia Pacific. Asia Pacific will remain the fastest-growing market in forecast period. Mobile health market is growing rapidly due to increase in awareness of diseases, higher penetration of mobile platform, increasing demand for better healthcare services, increasing demand for better healthcare services, government initiatives for digital health, stringent regulations regarding patient safety and patient care, low cost and convenience of medical devices, technological innovations, integration of wireless technologies, affordability of smartphones, ageing population and increasing disposable income.
     

    MHealth Market : Product Type

    • Devices
    • Services

    MHealth Market: Application

    • Cardiovascular diseases
    • Diabetes
    • Respiratory diseases
    • Neurological diseases

    MHealth Market : Competitive Analysis

    Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global MHealth Market:

    • AT&T
    • LifeWatch
    • Boston Scientific
    • Omron Healthcare
    • Philips Healthcare
    • Sanofi
    • Bayer Healthcare
    • Johnson & Johnson
    • Masimo

    Geographical analysis of MHealth Market:

    • United States
    • Europe
    • China
    • Japan
    • South Korea
    • India

    Global MHealth Market Report delivers a comprehensive analysis of the following parameters:

    • Market Forecast for 2024-2030
    • Market growth drivers
    • Challenges and Opportunities
    • Emerging and Current market trends
    • Market player Capacity, Production, Revenue (Value)
    • Supply (Production), Consumption, Export, Import analysis
    • End user/application Analysis

    Report Coverage

    Parameters Details

    Base Year

    2023

    Historical Data

    2018-2023

    Forecast Data

    2024-2030

    Base Year Value (2023)

    USD 140469.6 million

    Forecast Value (2030)

    USD 808234.73 million

    CAGR (2022 to 2028)

    28.4 %

    Regional Scope

    North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW


    Frequently Asked Questions (FAQ)


    MHealth Market was valued at around USD 140469.6 million in 2023 & estimated to reach USD 808234.73 million by 2030.




    MHealth Market is likely to grow at compounded annual growth rate (CAGR) of 28.4% between 2024 to 2030.












    Yes, the report includes COVID 19 impact on the market.



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