mHealth Market Overview :
Global mHealth Market is estimated to reach $332.7 Billion by 2025; growing at a CAGR of 34.9% from 2017 to 2025.mHealth is defined as the medical and public health practice supported by mobile devices, such as mobile phones, personal digital assistances, patient monitoring devices, and other wireless devices. It is also used for disease surveillance, epidemic outbreak tracking, chronic disease management and treatment support. The use of mobile and wireless technologies to support the success of mHealth has probable transform the face of health service delivery across the world. Uses of mobile technology, health apps, and services by patients & providers are rapidly increasing. Tracking personal health data on smartphones, connected care between doctor’s office visits & mobile healthcare management for caregivers are some of the benefits of mHealth to drive the market.
Rising focus on patient-centric healthcare delivery, robust penetration of 3g & 4g networks for uninterrupted healthcare services, increasing utilization of connected devices, increasing penetration of smartphones, cost containment in healthcare are some of the driving factors of the global mHealth market. However, low guidance from physicians in selecting apps and resistance from traditional healthcare providers are the factors which may hinder the growth of the market. Moreover, increasing incidence of lifestyle disorders, growing adoption of mHealth solutions in other mobile platforms might provide with several growth opportunities in the forecasted year.
The global mHealth market is segmented on the basis of devices, services, stakeholders, application and geography. The market is segmented by devices as pulse oximetry, apnea & sleep monitors neurological monitoring devices, wearable fitness sensor device & heart rate meters, blood glucose meters, BP monitors, and other devices. Moreover, services segment is categorized as monitoring services, diagnosis services, treatment & wellness healthcare system strengthening solutions and prevention. On the basis of stakeholders, the segment has been classified as mobile operators, healthcare providers, device vendors and application players. further application segment consists of cardiovascular diseases, respiratory diseases, diabetes, neurological diseases and other applications.
Based on geography, the global mHealth market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe consists of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
The key players profiled in the report include Vodafone Group Plc., Telefónica S.A., Qualcomm Technologies, Inc., SoftServe Inc., MQure, SAMSUNG ELECTRONICS CO., LTD., AT&T, Apple Inc., AirStrip Technologies., and Allscripts Healthcare Solutions, among others.
The key takeaways from the report
- The report will provide detailed analysis of the Global mHealth Market with respect to major segments such as devices, services, stakeholders, application and geography
- The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of the Global mHealth Market has been included in the report
- Profile of the key players in the Global mHealth Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global mHealth Market
- Pulse Oximetry
- Apnea & Sleep Monitors Neurological Monitoring Devices
- Wearable Fitness Sensor Device & Heart Rate Meters
- Blood Glucose Meters
- BP Monitors
- Other Devices
- Monitoring Services
- Diagnosis Services
- Wellness & Healthcare System Strengthening Solutions
- Mobile Operators
- Healthcare Providers
- Device Vendors
- Application Players
- Cardiovascular Diseases
- Respiratory Diseases
- Neurological Diseases
- Other Applications
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Middle East