MRFR Recently Published Report 2019-2024 Global Mhealth Applications Market Report (Status And Outlook) Mhealth Market Information, By Therapeutics(Respiratory, Mental And Neurological Disorders, Fitness & Lifestyle) By Application(Monitoring, Diagnosis & Treatment, Wellness & Prevention) – Forecast To 2022, The Proliferation Of Mhealth Has Indeed Helped Facilitate Healthcare, Improve Health Outcomes And Enhance Health-Related future Research.
Koninklijke Philips NV, Athenahealth, Inc., Cerner, Allscripts, Apple Inc., GE Healthcare, Medtronic, Inc, and others are some of the notable players in the global mHealth device market. Acquisitions, product development, and partnerships are major strategies adopted by these players. In August 2019, Fitbit decided to partner with the Singapore Health Promotion Board for promoting the country’s initiative of health and wellness. The National Steps Challenge which can use of artificial intelligence and behavior insights for assisting the local denizens can bode well for the global mHealth device market.
The Global Mhealth Device Market Is Expected To Touch A Towering Valuation By Exhibiting 35.03% CAGR From 2017 To 2023 (Forecast Period). It Can Reach A Valuation Of USD 48,663.2 Million By 2023. Changing healthcare policies and reduced risk associated with mobile health applications are likely to encourage its demand over the forecast period. Popularity of wearables and technological advances capable of pulse and heart rate monitoring are expected to propel the market volume.
Rising cases of lifestyle diseases, benefits of mHealth devices, patient inclination towards personalized healthcare, and introduction of connected healthcare solutions are other major drivers of the market. Availability of a slew of mHealth applications available on all major smartphone operating systems and preference for it due to its user-friendly look can spur the market demand. According to the United Healthcare Consumer Sentiment Survey in 2017, close to 28% Americans used mobile health applications for consulting with their doctors and physicians.
Lack of awareness of mHealth among patients combined with concerns of cybercrimes can be challenging for the market.
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The global mHealth device market is segmented by type and application.
By type, it is segmented into health and fitness devices, medical devices, and others. Medical devices had touched a valuation of USD 4,752.5 million in 2016. This can be attributed to the use of mHealth for capturing vital data of patients and reporting it in times of emergencies. The segment is expected to enjoy a respectable growth rate during the forecast period. On the other hand, health and fitness devices can experience a massive growth rate due to adoption of wearables and download of health applications due to changing tendencies of patients regarding health.
By application, it is segmented into wellness & prevention, diagnosis & treatment, education & awareness, healthcare management, monitoring applications, and others. Monitoring applications can garner massive revenue for the global mHealth device market due to patients in remote locations taking advantage of technology to keep in constant touch with their doctors.
Europe, the Middle East & Africa (MEA), Asia Pacific, and North America are regions covered in the mHealth device market report.
North America is predicted to dominate the global market due to the high penetration rate of smartphones, its constant usage by patients, and download of mobile applications for easy consultancy. Well-defined regulatory framework and a well-established healthcare ecosystem are other drivers of the regional market. Europe is touted to follow North America and contribute a respectable share of revenue to the global mHealth device market primarily due to personal digital assistants, smartphones, and other medical devices.
The APAC region is projected to exhibit a robust CAGR of 35.71% over the forecast period due to demand of mobile applications for monitoring and diagnosis and cardiovascular diseases. Increasing development of mobile health apps for monitoring and post-acute care of diseases can drive the regional market growth.
Apr 2019 Oscar Health, a prominent digital health-based health plan has recently announced a partnership with Cardiogram to offer members accelerated and reimbursable access to follow-up care when their mHealth wearable senses an undiagnosed health concern. The novel service permits Oscar’s members to download the Cardiogram mHealth app on their wearable devices such as Garmin, the Apple Watch, or Google WearOS for Android devices.
Table Of Content : Mhealth Market
1 REPORT SCOPE
1.1 SCOPE OF THE STUDY
1.1.1 MOBILE HEALTH (MHEALTH): REPORT COVERAGE
1.1.2 XX RESEARCH METHODOLOGY
1.1.3 RESEARCH METHODOLOGY FOR THE GLOBAL MARKET STUDY
2 EXECUTIVE SUMMARY
3 MARKET OVERVIEW
3.2 MARKET DYNAMICS
3.2.1 MARKET DRIVERS
220.127.116.11 Patients Involvement In Personal Healthcare
18.104.22.168 Proliferation Of Smartphones And Wearable Devices Into Healthcare
4 INDUSTRY DYNAMICS
4.1 MHEALTH MARKET TIMELINE
4.2 VALUE CHAIN OF THE MHEALTH MARKET
22.214.171.124 Device Manufacturers
126.96.36.199 App Developers
188.8.131.52 Network Providers/ Mobile Operators
5 GLOBAL MHEALTH MARKET ECOSYSTEM
5.1.1 MHEALTH DEVICES
5.1.2 MEDICAL DEVICES
184.108.40.206 SMBG Monitor
220.127.116.11.1 SMBG Device Types& Uses
18.104.22.168.2 Diseases Managed By SMBG Device
22.214.171.124.3 Key Players
6 GLOBAL MHEALTHMARKET – THERAPEUTICS
6.1.1 GLOBAL MARKET STATISTICS
126.96.36.199 Cardiovascular Diseases
6.1.4 KEY PLAYERS
7 GLOBAL MHEALTHMARKET – APPLICATION/ SOLUTION TYPE
7.1.1 MONITORING APPLICATIONS
188.8.131.52 Key Participants
7.1.2 DIAGNOSIS & TREATMENT
184.108.40.206 Key Participants
7.1.3 EDUCATION AND AWARENESS
220.127.116.11 Key Participants
8 GLOBAL MHEALTH MARKET–GEOGRAPHY
8.1.1 MARKET STATISTICS
8.1.2 THE AMERICAS
8.1.3 NORTH AMERICA
9 KEY MARKET DEVELOPMENT AND STRATEGIES
9.1.1 PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
9.1.2 MERGERS & ACQUISITIONS
9.1.3 PRODUCT DEVELOPMENT AND LAUNCH
9.1.4 BUSINESS EXPANSION/CONTRACTS
10 COMPANY PROFILES
1.1 AGAMATRIX, INC.
10.1.3 KEY DEVELOPMENTS
10.2 ALIVECOR, INC.
10.2.3 KEY DEVELOPMENTS
LIST OF TABLES
TABLE 1L EADING COMPANIES IN THE MHEALTH MARKET
TABLE 2 SECURITY BREACHMENT CASES/ DEVELOPMENTS (2011-2015)
TABLE 3 MHEALTH INDUSTRY: KEY PARTNERSHIPS
TABLE 4 VALUE CHAIN: KEY PARTICIPANTS OFECOSYSTEM
TABLE 5 CONSORTIUMS IN MHEALTH MARKET
TABLE 6 ALLIANCE/ASSOCIATIONS IN MHEALTH MARKET
TABLE 7 REGULATORY BODIES IN MHEALTH MARKET
TABLE 8 MHEALTH MARKET CERTIFICATIONS
TABLE 9 FACTORS IMPACTING THE BUYER’S BARGAINING POWER
TABLE 10 FACTORS IMPACTING THE SUPPLIER’S BARGAINING POWER
LIST OF FIGURES
FIGURE 1 MHEALTH MARKET STUDY: COVERAGE AREA
FIGURE 2 XX RESEARCH METHODOLOGY
FIGURE 3 DIFFERENT PHASES OF RESEARCH METHODOLOGY FOR THE GLOBAL MARKET
FIGURE 4 MHEALTH MARKET: RESEARCH METHODOLOGY
FIGURE 5 GLOBAL MHEALTH MARKET, BY ECOSYSTEM, 2014-2022 ($MILLION)
FIGURE 6 GLOBAL MHEALTH MARKET, BY THERAPEUTICS, 2014-2022 ($MILLION)
FIGURE 7 GLOBAL MHEALTH MARKET, BY APPLICATION, 2014-2022 ($MILLION)
FIGURE 8 GLOBAL MHEALTH MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
FIGURE 9 MARKET DRIVERS AND CHALLENGES
FIGURE 10 MHEALTH MARKET DRIVERS: IMPACT ANALYSIS
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