Global mHealth Solutions Market, By Connected Devices (Glucose & Blood Pressure Monitor, Peak Flow Meter, Pulse Oximeter), Apps (Weight Loss, Women Health, Diabetes Management, Mental Health), Services (Remote Monitoring, Consultation), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global mHealth Solutions Market
The mHealth solutions market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 50% in the forecast period of 2021 to 2028. The growing number of clinical trials will help in escalating the growth of the mHealth solutions market.
mHealth technology is seen as the service to improvise healthcare cost effective as healthcare helpers search to expand their patient outreach while reducing the prices, henceforth leading to the industry growth.
With the increasing influence of smartphones and internet connectivity, the acceptance for mHealth technologies by physicians and patients has risen significantly which in turn is expected to boost the growth of the mHealth solutions market. Factors such as growing usage of connected devices and mHealth apps for the balancing of chronic diseases, cost efficient in healthcare delivery, robust influence of 3G and 4G networks for flowing healthcare services, growing concentration on patient-centric healthcare delivery, growing need for home healthcare services are estimated propel the growth of the mHealth solutions market. Lack of standards and administrations as well as the capacity of repayments, restricted guidance from physicians in selecting apps, struggle from traditional healthcare providers are the factors anticipated to obstruct the growth of the mHealth solutions market in the forecast period. Growing prevalence of lifestyle disorders, low physician density creating a platform for the larger approval of mHealth apps in advancing countries, increasing acceptance of mHealth solutions in other mobile platforms, increasing adoption of AI and 5G are the factors that can be posed as opportunities. Originality and accuracy, license protection for mHealth devices and functions, absence of data security giving the increase to concerns regarding data theft and healthcare fraud are the biggest challenges that can be face by the mHealth solutions market.
This mHealth solutions market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on mHealth solutions market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
mHealth Solutions Market Scope and Market Size
The mHealth solutions market is segmented on the basis of connected devices, app and services. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on connected devices, mHealth solutions market is segmented into glucose and blood pressure monitor, peak flow meter, pulse oximeter.
- Based on apps, mHealth solutions market is segmented into weight loss, women health, diabetes management, mental health.
- Based on services, mHealth solutions market is segmented into remote monitoring, consultation.
mHealth Solutions Market Country Level Analysis
The mHealth solutions market is analysed and market size insights and trends are provided by country, connected devices, app and services as referenced above.
The countries covered in the mHealth solutions market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia Pacific dominates the mHealth solutions market due to the growing usage of mHealth intervention for healthcare needs. Advancing countries show considerable growth due to their advanced healthcare IT infrastructure and increasing investments in digital health sectors. The growing of the aging population in the region and the rising heaviness of the chronic conditions also boost the growth for the mHealth technologies in the region. North America is expected to witness considerable amount of growth in the mHealth solutions market due to the significance of key market participants, growing acceptance of digital technologies, and growing consciousness about combined care. High seepage of the internet and smartphones in the region, coupled with the utilization of medical or health-related apps, is one of the key factors as the reason for its market share. Furthermore, the successful application of electronic health records (EHR) and e-prescription systems in several healthcare centers boost the growth of the mHealth solutions market in the region.
The country section of the mHealth solutions market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The mHealth solutions market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for healthcare analytical testing services market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the mHealth solutions market. The data is available for historic period 2011-2019.
Competitive Landscape and mHealth Solutions Market Share Analysis
The mHealth solutions market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to mHealth solutions market.
The major players covered in the mHealth solutions market report are Medtronic; Cerner Corporation; Koninklijke Philips N.V.; ZTE Corporation; Nokia; AirStrip Technologies; BioTelemetry, Inc.; Apple Inc.; iHealth Labs Inc.; athenahealth, Inc.; AliveCor, Inc.; Zebra Technologies Corp; Johnson & Johnson Services, Inc.; Cisco; AT&T Intellectual Property; AgaMatrix; OMRON Corporation; Withings and Qualcomm Technologies, Inc. are few of the major competitors currently working in the mHealth solutions market. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global mHealth Solutions Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.