Global mHealth Market by Product (Apps and Devices), Connected Devices (Glucose & Blood Pressure Monitor, Pulse Oximeter), Apps (Women Health, Diabetes Management, Mental Health), Services - Global Forecast to 2027

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Global mHealth Market

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Global mHealth Market by Product (Apps and Devices), Connected Devices (Glucose & Blood Pressure Monitor, Pulse Oximeter), Apps (Women Health, Diabetes Management, Mental Health), Services - Global Forecast to 2027
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Global mHealth Market by Product (Apps and Devices), Connected Devices (Glucose & Blood Pressure Monitor, Pulse Oximeter), Apps (Women Health, Diabetes Management, Mental Health), Services - Global Forecast to 2027
Published: September-2021 Report Code: HLCA2114 Available Format: Pages: 1-217
Category : Health Care
The global mHealth Solutions market is expected to grow at a CAGR of ~24% from 2020 to reach ~$ 212.5 billion by 2027. The growth is primarily attributed to increasing adoption of smartphones, increasing awareness & utilization of mHealth applications, growing demand for home healthcare services, initiatives to curb healthcare expenditure, penetration of 3G/4G networks and prevalence of chronic diseases. However, lack of regulatory guidelines and standards, resistance from traditional physicians & patients and limited guidance from physicians for the selection of appropriate application may restrain the growth of this market. Rising number of lifestyle disorders and increasing adoption of mHealth apps in emerging countries pose significant growth opportunities. 



By Product & Services: mHealth apps segment dominated the mHealth solutions market in 2020 
mHealth apps segment accounted for the largest share of mHealth solutions market on the basis of product & services. The largest share of this market is mainly due to prevalence of chronic diseases, growing adoption of smartphones & healthcare apps and increasing demand for self-health management measures due to rising lifestyle disorder.

By Connected Devices: Vital sign monitoring segment held largest share of mHealth solutions market in 2020 
On the basis of connected devices, vital signs monitoring segment accounted for the largest market share of mHealth solutions market. The largest share of this segment is mainly attributed to prevalence of chronic diseases, growing demand for vital signs monitoring devices for home and emphasis on curbing healthcare expenses. COVID 19 pandemic has further increased the adoption of vital sign monitors in various end use settings. 

By Region: APAC fastest growing regional market
In 2020, North America accounted for the largest share of mHealth solutions market during forecast period. The largest share of this regional segment is mainly due to growing usage of healthcare apps, adoption of advanced technology, presence of leading companies, government initiatives and growing adoption of smartphones. However, APAC is expected to grow at highest CAGR during the forecast period. High growth of this geographic segment is mainly attributed to increasing number of digitalization programs, emerging economies, penetration of smartphones, and rising awareness about mHealth apps. 

Competitive Scenario
  • Medtronic plc (Ireland)
  • Apple Inc. (US)
  • AirStrip Technologies (US)
  • AliveCor Inc. (US)
  • Nike Inc. (US)
  • Koninklijke Philips N.V. (Netherlands)
  • Johnson & Johnson (US)
  • Omron Corporation (Japan)
  • BioTelemetry Inc. (US)
  • athenahealth Inc. (US)
  • AgaMatrix Inc. (US)
  • Withings S.A. (France)
  • iHealth Labs, Inc. (US) 
  • are the key players operating in this market. 

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Overview
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Market Trends

5. Global MHealth Solutions Market, By Product & services, 2019-2027 (USD Million)
5.1. Introduction
5.2. Connected Devices
5.2.1. Vital Signs Monitoring Devices
5.2.2. Blood Pressure Monitors
5.2.3. Blood Glucose Meters
5.2.4. ECG/Heart Rate Monitors
5.2.5. Pulse Oximeters
5.2.6. Peak Flowmeters
5.2.7. Fetal Monitoring Devices
5.2.8. Multiparameter Trackers
5.2.9. Sleep Apnea Monitors
5.2.10. Other Connected Medical Devices
5.3. mHealth Apps
5.3.1. Healthcare Apps
5.3.1.1. General Health & Fitness Apps
5.3.1.2. Chronic Care Management Apps
5.3.1.3. Mental Health & Behavioral Disorder Management Apps
5.3.1.4. Diabetes Management Apps
5.3.1.5. Blood Pressure & ECG Monitoring Apps
5.3.1.6. Other Chronic Care Management Apps
5.3.2. Medication Management Apps
5.3.2.1. Women’s Health Apps
5.3.2.2. Personal Health Record Apps
5.3.2.3. Other Healthcare Apps
5.4. Medical Apps
5.4.1. Medical Reference Apps
5.4.2. Continuing Medical Education Apps
5.4.3. Patient Management & Monitoring Apps
5.4.4. Communication & Consulting Apps
5.5. mHealth Services
5.5.1. Remote Monitoring Services
5.5.2. Diagnosis & Consultation Services
5.5.3. Treatment Services
5.5.4. Healthcare System Strengthening Services
5.5.5. Fitness & Wellness Services
5.5.6. Prevention Services

6. Global MHealth Solutions Market, By Geography, 2019-2027 (USD Million)
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. Germany
6.2.2. UK
6.2.3. France
6.2.4. Italy
6.2.5. Spain
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. Japan
6.3.3. India
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
6.4.1. Latin America
6.4.2. Middle East & Africa

7. Competitive Landscape
7.1. Introduction
7.2. Market Share Analysis, By Key Players (2020)
7.3. Competitive Scenario 
7.3.1. Product Launches
7.3.2. Partnerships, Collaborations and Agreements
7.3.3. Acquisitions
7.3.4. Expansions
7.3.5. Other Developments

8. Company Profiles
8.1. Medtronic plc (Ireland)
8.2. Apple, Inc. (US)
8.3. AirStrip Technologies (US)
8.4. AliveCor, Inc. (US)
8.5. Nike, Inc. (US)
8.6. Koninklijke Philips N.V. (Netherlands)
8.7. Johnson & Johnson (US)
8.8. Omron Corporation (Japan)
8.9. BioTelemetry, Inc. (US)
8.10. athenahealth, Inc. (US)
8.11. AgaMatrix, Inc. (US)
8.12. Withings S.A. (France)
8.13. iHealth Labs, Inc. (US)

9. Appendix

 


SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Global Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.



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