MHealth Applications Market: Rising consumer demand to monitor their health drives the market globally

PRESS RELEASE
Published March 8, 2023

According to the report, the global MHealth Applications market is expected to grow from $50 Billion in 2022, which is expected to reach $300 Billion by 2033, growing at a CAGR of 26.9% from 2023 to 2033. The mHealth (mobile health) application market refers to the market for mobile applications that are designed to support healthcare services and deliver health-related information and services to mobile devices such as smartphones, tablets, and wearables. North America dominates the market, followed by Europe and Asia-Pacific. The Asia-Pacific region is expected to grow at the highest CAGR during the forecast period due to increasing investments in healthcare infrastructure and the rising adoption of smartphones and tablets

 

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Key Highlights:

  • The global MHealth Applications Market size was valued at USD 50 billion in 2022 growing at a CAGR of 26.9% from 2023 to 2033.
  • North America dominated the market in 2022
  • Europe is expected to fastest-growing at the highest CAGR from 2023 to 2033

 

Evolve Business Intelligence has published a new market research report on Global MHealth Applications Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

 

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

 

In terms of COVID 19 impact, the MHealth Applications market report also includes the following data points:

  • COVID19 Impact on MHealth Applications market size
  • End-User/Industry/Application Trend, and Preferences
  • Government Policies/Regulatory Framework
  • Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity in MHealth Applications market

 

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Key Players

Some of the major MHealth Applications players holding high market share include Bayer Healthcare., Boston Scientific Corporation, Dexcom, Inc., Johnson & Johnson, and Koninklijke Philips N.V. These players use new product development/partnership as a key strategy to gain significant market share to compete with market leaders.

 

The key players profiled in the report are:

  • Bayer Healthcare
  • Boston Scientific Corporation
  • Dexcom, INC.
  • Johnson & Johnson
  • Fitbit, INC. (Twine Health, Inc.),
  • Koninklijke Philips N.V. (Philips),
  • Livongo Health, INC.,
  • Medtronic PLC.,
  • Omada Health, INC.,
  • Omron Corporation (Omron Healthcare, Inc.),
  • Samsung Electronics Co., Ltd.
  • Welldoc, INC.

 

Segmental Analysis

Market Segment By Type with focus on market share, consumption trend, and growth rate of MHealth Applications Market:

  • mHealth Devices
    • Blood Glucose Meter
    • BP Monitors
    • Pulse Oximetry
    • Neurological Monitors
    • Cardiac Monitors
    • Apnea & Sleep Monitors
    • Wearable Fitness Sensor Devices & Heart Rate Meters
    • Others
  • mHealth Services
    • Prevention Services
    • Diagnostic Services
    • Monitoring Services
    • Treatment Services
    • Wellness & Healthcare System Strengthening Solutions

 

Market Segment By Stake Holders with focus on market share, consumption trend, and growth rate of MHealth Applications Market:

  • Mobile operator
  • Device Vendors
  • Healthcare Providers
  • Application and Content Players

 

Market Segment By application with a focus on market share, consumption trend, and growth rate of MHealth Applications Market:

  • Cardiovascular Diseases
  • Diabetes
  • Respiratory Diseases
  • Neurology Diseases
  • Others

 

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Global MHealth Applications Geographic Coverage:

  • North America
    • US
    • Canada
    • Mexico

 

  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Nordic Countries
    • Benelux
    • Rest of Europe

 

  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Australia
    • Rest of Asia Pacific

 

  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of MEA

 

  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

 

Reasons to Buy this Report:

  • Detail analysis of the impact of market drivers, restraints, and opportunities
  • Competitive Intelligence provides an understanding of the ecosystem
  • Details analysis of the Total Addressable Market (TAM) of your products
  • Investment Pockets and New Business Opportunities
  • Demand-supply gap analysis
  • Strategy Planning

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