Global MHealth Market: Future Demand, Market Analysis 2018-2024

New research study on Global MHealth Market was valued at around USD 13.76 Billion in 2017 and it is expected to achieve USD 299.15 Billion in 2024 with fastest growing CAGR of 55.5%. The report begins with an overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of MHealth Market by product, region, and application, in addition, this report introduces a market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Scope of Global MHealth Market Reports –

Mobile health (mHealth) refers to the different methods or practices to support healthcare and medical services through the use of mobile technologies to monitor a variety of chronic conditions such as heart disease, diabetes, autism, insomnia, and asthma. mHealth aims to empower patients with information and management of their own health in order to promote outcomes improvement through enhanced decision-making, to help reduce costs, increase access throughout the system and supply data for predictive modeling of at-risk populations. So, during the study of Global MHealth market, we have considered MHealth revenue to analyze the market.

Global MHealth Market report is segmented on the basis of Device type, Stakeholder Type, Service Type, Application Type, End User type and by regional & country level. Based on Device type global mHealth Market is classified as Pulse Oximeters, Blood Glucose Meters, Sleep Monitoring devices, Neurological Monitoring Device, Cardiac Monitors, Activity Monitors, Blood Pressure Monitors, Wearable Fitness Sensor Devices and others. Based upon Stakeholder Type, global MHealth Market is classified as   Healthcare Providers, Mobile Operators, Application Players, Device Vendors and others. Based upon Service type, global mHealth Market is classified as Diagnostics, Monitoring, Treatment, Wellness and fitness and others. Based upon Application type, global MHealth Market is classified as Mobile Apps, Chronic Disease Management, Remote Consultation, Pharmaceutical Applications and others. Based upon End User type, global MHealth Market is classified as Hospitals, Trauma Centers and Research Centers.

The regions covered in this MHealth Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of MHealth is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Global MHealth Market Dynamics –

According to World Bank, 83% of the member countries have atleast one mHealth initiative (SMS, IVR, or Apps). The rapid growth in the usage of smartphones and growth of 3G/4G/5G networks are the major drivers for the growth of the global mHealth Market. As per the Cisco Visual Networking Index, mobile traffic has amplified four-fold in recent years and it is expected to grow exponentially in the upcoming years. Mobile connectivity with healthcare professionals helps in decreasing the bridge between healthcare professionals and patients.

mHealth systems are emerging in response to increased prevalence of chronic diseases, increased healthcare needs, new wireless technologies, better video and monitoring technologies, decreasing healthcare resources, an emphasis on reducing hospital days, and growing confidence in cost-effectiveness. However, lack of technological awareness among the ageing population and data security are the major restrains of the Global mHealth Market. Nonetheless, untapped market and technological advancements may generate new opportunities in forecast period.

Key Benefits for Global mHealth Market Reports –

• Global mHealth Market report covers in depth historical and forecast analysis.
• Global mHealth Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
• Global mHealth Market report helps to identify opportunities in market place.
• Global mHealth Market report covers extensive analysis of emerging trends and competitive landscape.

Global mHealth Market: by Device Analysis

• Pulse Oximeters
• Blood Glucose Meters
• Sleep Monitoring devices
• Neurological Monitoring Device
• Cardiac Monitors
• Activity Monitors
• Blood Pressure Monitors
• Wearable Fitness Sensor Device
• Others

Global mHealth Market: by Application analysis

• Mobile Apps
  • Diagnostics
  • Monitoring
  • Medical Education
  • Medication Adherence
  • Fitness & Nutrition
  • Alert and awareness
  • Women’s Health
  • Health care record maintenance
  • Others
• Chronic Disease Management
  • Cardiovascular
  • Diabetes
  • Respiratory diseases
  • Neurological disorders
  • Others
• Remote Consultation
• Pharmaceutical Applications
• Other

Global mHealth Market: by Service analysis

• Diagnostics
• Monitoring
• Treatment
• Wellness and fitness
• Others