mHealth Market Size| 2021 Covid-19 Impact On Healthcare Industry Global Analysis By Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast latest study published by Fortune Business Insights. The global “mHealth market” size is expected to reach USD 293.29 billion by 2026, exhibiting a CAGR of 29.1% during the forecast period. The increasing penetration of smartphones and smart devices will boost the mHealth market trends during the forecast period. According to Pew Research Center’s first survey of smartphone ownership conducted in 2011, 96% of Americans own a cell phone. Out of which ,81% of the American use smartphones. While roughly three-quarters of U.S. adults own desktop or laptop computers, furthermore, the launch of technologically advanced smartphones and wearable devices will consequently aid the mHealth market share, sates our lead analysts at Fortune Business Insights. For instance, OnePlus launched a new concept phone, the OnePlus Concept One McLaren Edition has various features including electrochromic glass technology. In addition, Fitbit CEO James said in a statement, “We see ourselves evenly split between being a consumer company and being a health company.”
According to the report, published by Fortune Business Insights in a report, titled “mHealth Market Size, Share & Industry Analysis, By Category (By Apps {Disease & Treatment Management, Wellness Management}, By Wearable {Body & Temperature Monitors, Sleep Trackers, Fitness Trackers, Glucose Monitors, BP Monitors, Cardiac Monitors}) By Services Type (Monitoring Services, Fitness & Wellness Solutions, Diagnostic Services, Treatment Services) By Service Provider (mHealth App Companies, Pharmaceutical Companies, Hospitals, Health Insurance) and Regional Forecast, 2019-2026” the market size stood at USD 34.28 billion in 2018. The mHealth market report implements a PESTEL study and SWOT analysis to reveal the stability, restrictions, openings, and threats in the smart building market. Combined with the market analysis proficiencies and data integration with the relevant findings, the report has foretold the robust future growth of the market, and all articulated with geographical and merchandise segments. Moreover, it also shows different procedures and strategies, benefactors and dealers working in the market, explores components convincing market development, generation patterns, and following systems. Additionally, the figures and topics covered in this report are both all-inclusive and reliable for the readers.
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Global MHealth Market Highlights:
The MHealth Market report offers an in-depth analysis of the MHealth industry and the demand drivers by highlighting information on several aspects of the market. Prudent Markets addresses all these aspects and provides the latest scoop and detailed eye-opening study on all major & emerging business segments. In addition to this, the report sheds light on the industry developments by key players, which are contributing to the expansion of this industry. The development scope, feasibility study, MHealth market concentration, and maturity analysis is elaborated in this report.
Information given in the research report pertains to different technological advancements introduced in recent years, which allows for a meticulous analysis of the industry and offers a more comprehensive understanding to the readers.
The outbreak of covid-19 in the global market has made companies uncertain about their future scenario as the prolonged lock-down finds a serious economic slump. The latest survey on COVID-19 Outbreak-Global MHealth Market is conducted to provide hidden gems performance analysis. Essential growth factors and study of Basis points [BPS] have been discussed in the following report. Research Report explains a detailed overview of market dynamics, segmentation, product portfolio, business plans, and the latest development in the industry.
Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
It offers figurative estimations for upcoming years on the basis of the recent developments and historic data. For gathering information and estimating revenue for all segments, researchers have used top-down and bottom-up approaches. On the basis of data collected from primary and secondary research and trusted data sources the report will help both existing and new aspirants for MHealth market to figure out and study the market’s needs, market size, and competition.
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Some of the Main Key Players Covered in the mHealth Market Report
- Bayer Pharmaceuticals
- Medtronic
- Apple
- AirStrip
- AliveCor, Inc.
- BioTelemetry Inc.
- athenahealth
- AgaMatrix
- LifeWatch Services, Inc.
- Philips
- iHealth
- AT&T
- Omron Healthcare, Inc.
- Qualcomm Technologies
- Cerner Corporation
- Nokia
Increasing Adoption of Smartphone Services among Global Population to Enable Growth
The adoption of a fast-paced lifestyle among people around the world has fuelled the demand for convenient yet high-performing mobile applications. The advent of cloud-based services within mobile apps is favoring the expansion of the Global mHealth Market. Cloud-based services fulfill the need for excess storage that is required when availing mHealth solutions. According to Statista, in 2016, around 2.1 billion people around the world owned smartphones.
This number accounts for around 36% of the global population, and it is forecasted to grow even more by 2019. Thus, an increasing end-user availability may lead to a subsequent increase in demand for mHealth applications and services in the forthcoming years.
The demand for easy access to health information among the geriatric population is a key factor impelling innovations in mHealth services. Among various benefits of mHealth services, some noteworthy benefits are real-time monitoring, automated alerts, and treatment and wellness based on recorded data. mHealth devices possess advantages such as low cost, minimum maintenance, and reduced time frames. The factors above are resulting in the higher uptake of mHealth services over other services among end-users, globally.
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Key Segmentation of mHealth Market:
mHealth Market Segments by Product Type
- Patient Monitoring Products
- Diagnostics Products
- Nutrition and Fitness Support
- Mental Health Support
- Others
mHealth Market Segments by Modality
- Wired
- Wireless
mHealth Market Segments by End User
- Clinics
- Hospitals
- Ambulatory Surgery Centers
- Home Care Settings
mHealth Market Segments by Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Favorable Government Policies to Boost the Global mHealth Market
Increasing government initiatives targeted towards spreading health awareness are boosting the global mHealth market. Moreover, rising government initiatives that are promoting the use of mHealth apps are aiding the expansion of the global market. Organizations such as the National Health Service (NHS) have imposed stringent rules and regulations towards the safety and testing of mHealth apps and services.
Therefore, users can be sure of the efficiency of these apps as they have already been tested and verified clinically. This, in turn, has led to increased reliability and subsequently, more end-users are preferring apps that have been verified, clinically by organizations such as the NHS.
Incorporation of mHealth services in Blood Pressure Monitoring Devices to Enable Growth
Blood pressure monitoring is an integral part of detecting diseases at an early stage. Blood pressure monitoring helps in detecting cardiac arrests and heart failures at an early stage and reduces the chances of heart attacks and other fatal disorders. The advent of wearable blood pressure monitoring devices with in-built mHealth applications is leading to increased adoption of these devices among people, globally. This, in turn, has led to an increase in growth of the global mHealth market and is expected to boost the market in the forecast period as well.
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Key Questions Answered of mHealth Market:
What will the market growth rate of mHealth Market in 2026?
What are the key factors driving the Global mHealth Market?
What are sales, revenue, and price analysis of top manufacturers of mHealth Market?
Who are the distributors, traders and dealers of mHealth Market?
Who are the key vendors in mHealth space?
What are the mHealth Market opportunities and threats faced by the vendors in the mHealth Market?
What are sales, revenue, and price analysis by types, application and regions of mHealth Market?
What are the market opportunities, market risk and market overview of the mHealth Market?
Table of Content:
1 MHealth Market Overview
1.1 MHealth Product Overview
1.2 MHealth Market Segment by Type
1.3 Global MHealth Market Size by Type (2015-2027)
1.3.1 Global MHealth Market Size Overview by Type (2015-2027)
1.3.2 Global MHealth Historic Market Size Review by Type (2015-2021)
1.3.2.1 Global MHealth Sales Market Share Breakdown by Type (2015-2027)
1.3.2.2 Global MHealth Market Share Breakdown by Type (2015-2027)
1.3.2.3 Global MHealth Average Selling Price (ASP) by Type (2015-2027)
1.3.3 Global MHealth Market Size Forecast by Type (2021-2027)
1.3.3.1 Global MHealth Sales Market Share Breakdown by Application (2021-2027)
1.3.3.2 Global MHealth Revenue Market Share Breakdown by Application (2021-2027)
1.3.3.3 Global MHealth Average Selling Price (ASP) by Application (2021-2027)
1.4 Key Regions Market Size Segment by Type (2015-2021)
1.4.1 North America MHealth Sales Breakdown by Type (2015-2027)
1.4.2 Europe MHealth Sales Breakdown by Type (2015-2027)
1.4.3 Asia-Pacific MHealth Sales Breakdown by Type (2015-2027)
1.4.4 Latin America MHealth Sales Breakdown by Type (2015-2027)
1.4.5 Middle East and Africa MHealth Sales Breakdown by Type (2015-2027)
2 Global MHealth Market Competition by Company
2.1 Global Top Players by MHealth Sales (2015-2021)
2.2 Global Top Players by MHealth Revenue (2015-2021)
2.3 Global Top Players MHealth Average Selling Price (ASP) (2015-2021)
2.4 Global Top Company MHealth Manufacturing Base Distribution, Sales Area, Product Type
2.5 MHealth Market Competitive Situation and Trends
2.5.1 MHealth Market Growth Rate (2015-2021)
2.5.2 Global 5 and 10 Largest Company by MHealth Sales and Revenue in 2019
2.6 Global Top Company by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in MHealth as of 2019)
2.7 Date of Key Company Enter into MHealth Market
2.8 Key Company MHealth Product Offered
2.9 Mergers and Acquisitions, Expansion
3 Global MHealth Status and Outlook by Region (2015-2027)
3.1 Global MHealth Market Size and CAGR by Region: 2015 VS 2021 VS 2027
3.2 Global MHealth Market Size Market Share by Region (2015-2021)
3.2.1 Global MHealth Sales Market Share by Region (2015-2021)
3.2.2 Global MHealth Revenue Market Share by Region (2015-2021)
3.2.3 Global MHealth Sales, Revenue, Price and Gross Margin (2015-2021)
3.3 Global MHealth Market Size Market Share by Region (2021-2027)
3.3.1 Global MHealth Sales Market Share by Region (2021-2027)
3.3.2 Global MHealth Revenue Market Share by Region (2021-2027)
3.3.3 Global MHealth Sales, Revenue, Price and Gross Margin (2021-2027)
3.4 North America MHealth Market Size By Growth (2015-2027)
3.4.1 North America MHealth Revenue By Growth (2015-2027)
3.4.2 North America MHealth Sales By Growth (2015-2027)
3.5 Asia-Pacific MHealth Market Size By Growth (2015-2027)
3.5.1 Asia-Pacific MHealth Revenue By Growth (2015-2027)
3.5.2 Asia-Pacific MHealth Sales By Growth (2015-2027)
3.6 Europe MHealth Market Size By Growth (2015-2027)
3.6.1 Europe MHealth Revenue By Growth (2015-2027)
3.6.2 Europe MHealth Sales By Growth (2015-2027)
3.7 Latin America MHealth Market Size By Growth (2015-2027)
3.7.1 Latin America MHealth Revenue By Growth (2015-2027)
3.7.2 Latin America MHealth Sales By Growth (2015-2027)
3.8 Middle East and Africa MHealth Market Size By Growth (2015-2027)
3.8.1 Middle East and Africa MHealth Revenue By Growth (2015-2027)
3.8.2 Middle East and Africa MHealth Sales By Growth (2015-2027)
4 Global MHealth by Application
4.1 MHealth Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.2 Global MHealth Sales by Application: 2015 VS 2021 VS 2027
4.3 Global MHealth Historic Sales by Application (2015-2021)
4.4 Global MHealth Forecasted Sales by Application (2021-2027)
4.5 Key Regions MHealth Market Size by Application
4.5.1 North America MHealth by Application
4.5.2 Europe MHealth by Application
4.5.3 Asia-Pacific MHealth by Application
4.5.4 Latin America MHealth by Application
4.5.5 Middle East and Africa MHealth by Application
5 North America MHealth Market Size by Country (2015-2027)
5.1 North America Market Size Market Share by Country (2015-2021)
5.1.1 North America MHealth Sales Market Share by Country (2015-2021)
5.1.2 North America MHealth Revenue Market Share by Country (2015-2021)
5.2 North America Market Size Market Share by Country (2021-2027)
5.2.1 North America MHealth Sales Market Share by Country (2021-2027)
5.2.2 North America MHealth Revenue Market Share by Country (2021-2027)
5.3 North America Market Size By Growth by Country
5.3.1 U.S. MHealth Market Size By Growth (2015-2027)
5.3.2 Canada MHealth Market Size By Growth (2015-2027)
6 Europe MHealth Market Size by Country (2015-2027)
6.1 Europe Market Size Market Share by Country (2015-2021)
6.1.1 Europe MHealth Sales Market Share by Country (2015-2021)
6.1.2 Europe MHealth Revenue Market Share by Country (2015-2021)
6.2 Europe Market Size Market Share by Country (2021-2027)
6.2.1 Europe MHealth Sales Market Share by Country (2021-2027)
6.2.2 Europe MHealth Revenue Market Share by Country (2021-2027)
6.3 Europe Market Size By Growth by Country
6.3.1 Germany MHealth Market Size By Growth (2015-2027)
6.3.2 France MHealth Market Size By Growth (2015-2027)
6.3.3 U.K. MHealth Market Size By Growth (2015-2027)
6.3.4 Italy MHealth Market Size By Growth (2015-2027)
6.3.5 Russia MHealth Market Size By Growth (2015-2027)
7 Asia-Pacific MHealth Market Size by Country (2015-2027)
7.1 Asia-Pacific Market Size Market Share by Country (2015-2021)
7.1.1 Asia-Pacific MHealth Sales Market Share by Country (2015-2021)
7.1.2 Asia-Pacific MHealth Revenue Market Share by Country (2015-2021)
7.2 Asia-Pacific Market Size Market Share by Country (2021-2027)
7.2.1 Asia-Pacific MHealth Sales Market Share by Country (2021-2027)
7.2.2 Asia-Pacific MHealth Revenue Market Share by Country (2021-2027)
7.3 Asia-Pacific Market Size By Growth by Country
7.3.1 China MHealth Market Size By Growth (2015-2027)
7.3.2 Japan MHealth Market Size By Growth (2015-2027)
7.3.3 South Korea MHealth Market Size By Growth (2015-2027)
7.3.4 India MHealth Market Size By Growth (2015-2027)
7.3.5 Australia MHealth Market Size By Growth (2015-2027)
7.3.6 Taiwan MHealth Market Size By Growth (2015-2027)
7.3.7 Indonesia MHealth Market Size By Growth (2015-2027)
7.3.8 Thailand MHealth Market Size By Growth (2015-2027)
7.3.9 Malaysia MHealth Market Size By Growth (2015-2027)
7.3.10 Philippines MHealth Market Size By Growth (2015-2027)
Toc Continue…
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