mHealth Apps Market Share Value, Size Estimation, Trends Analysis, Future Growth Insights and Global mHealth Apps Industry Analysis

mHealth Apps Market Share Value, Size Estimation, Trends Analysis, Future Growth Insights and Global mHealth Apps Industry Analysis

“mHealth Apps Market”
mHealth Apps Market Analysis By Size, Share, Key Players, Trends, Insights, Dynamics, Future Outlook, Applications and Segmentation, Forecast to 2023

Mhealth Applications Market Share, Trends And Growth Analysis By Type (Monitoring Applications, Diagnosis & Treatment, Education & Awareness, Healthcare Management, Wellness & Prevention) and Global Forecast To 2023.

The Global mHealth Apps Market Size is estimated to reach USD 100 billion by 2023, says Market Research Future (MRFR). In 2016, Europe accounted for the largest market share of a 31.7%. North America mHealth Apps market share is expected to reach USD 28762.1 million and APAC market will grow at a CAGR of 33.7% by 2023.

The global mHealth Apps market size is expected to witness significant growth owing to rising demand for mHealth technology in healthcare monitoring, diagnosis, treatment, and other applications. The increasing demand for remote monitoring and efficient data storage in the healthcare sector has been the major driver for the global mHealth Apps market over the historical review period. With the increasing demand for homecare and telehealth services, the global mHealth Apps market is likely to grow at a robust growth rate over the forecast period.

The development in cellular communication technology over the last few years has been a major driver for the mHealth Apps market. With the robust development of mobile communications technology, more advanced mHealth solutions have been introduced in the healthcare sector over the last few years. Video calling and VoIP (voice over Internet protocol) services have further enhanced the functionality of mHealth Apps. The increasing demand for video calling and VoIP services in telehealth is likely to be a major driver for the global mHealth Apps market over the forecast period. Advanced communications technology such as 5G telecommunication, Wi-Fi, and Bluetooth has become commonplace in developed countries, enabling rapid enhancement of mHealth Apps. The increasing demand for telehealth and remote monitoring in the coming years is likely to be a major driver for the global mHealth Apps market over the forecast period.

Request Free Sample Report at: https://www.marketresearchfuture.com/sample_request/3195

Increasing government support to telehealth operations is also likely to be a key driver for the global mHealth Apps market. Due to the benefits it provides in terms of enabling widespread access to healthcare solutions, governments all over the world are encouraging further development of mHealth solutions and technology. Governments are also becoming increasingly active in terms of supporting the development of telecommunications infrastructure, which is also likely to be a key driver for the mHealth Apps market over the forecast period.

mHealth Apps Market Competitive Analysis:

Leading players in the global mHealth Apps market include iHealth Labs Inc., Vivify Health, Medtronic MiniMed Inc., Honeywell International Inc., Apple Inc., Agamatrix Inc., and Allscripts. Major players in the global mHealth Apps market are likely to focus on product development in the coming years, as leading players look to come up with promising solutions in all the niches of the mHealth Apps market. Growing government support to telehealth solutions is likely to further drive product development in the mHealth Apps market in the coming years.

In September 2019, the American Medical Association (AMA) announced that its 2020 CPT codes would include new additions to support remote patient monitoring and telehealth services.

In September 2019, Sam’s Club announced the addition of telehealth to its bundled healthcare services.

mHealth Apps Market Segmentation:

The global mHealth Apps market is segmented by type into

  • Monitoring Applications
  • Diagnosis
  • Treatment
  • Education
  • Awareness
  • Healthcare Management
  • Wellness
  • Prevention

The monitoring applications segment held a dominant 53.8% share in the global mHealth Apps market in 2016. Monitoring applications are likely to hold on to a major share in the global mHealth Apps market over the forecast period due to the growing demand for remote monitoring and homecare in the healthcare sector. Developments in the field of the Internet of Things have allowed the development of strong medical sensor devices that can monitor several variables and provide reliable, quick updates, allowing rapid and decisive decision making in the case of emergencies.

mHealth Apps Market Regional Insights:

Europe is the largest regional market for mHealth Apps, followed by Asia Pacific. North America follows Asia Pacific at a slight distance but is a major hub for technological developments in mHealth Apps, as the presence of major telecommunications and medical industry players enables strong growth of the mHealth Apps market in the region. Strong government support has enabled rapid progress of the mHealth Apps market in Europe, which held a 31.7% share in the global mHealth Apps market in 2016.

Table of Content

1 Report Prologue

2 Introduction

  • Scope Of Study
  • Research Objective
  • Assumptions & Limitations
  • Assumptions
  • Limitations

3 Research Methodology

  • Research Process
  • Primary Research
  • Secondary Research

4 Market Dynamics

Introduction

Drivers

  • Innovation and Rapidly Changing Technology
  • Adoption and Involvement Of Patient
  • Cost Effectiveness and Convenience
  • Increasing Prevalence Of Lifestyle Diseases

Restraints

  • Security And Confidentiality Of Data
  • Resistance To Change
  • Market Volatility
  • Opportunities
  • Emerging Economies
  • Partnership As An Entry Strategy

Challenges

  • Lack Of Knowledge And Language Barriers In Low-And Middle-Income Countries (LMICS)

5 Market Factor Analysis

Porters Five Forces Analysis

  • Bargaining Power Of Suppliers
  • Bargaining Power Of Buyers
  • Threat Of New Entrants
  • Threat Of Substitutes
  • Intensity Of Rivalry

Value Chain Analysis

  • MHealth Device Manufacturers
  • App And Software Providers
  • Network Providers/ Mobile Operators
  • Healthcare Providers / Medical Professional
  • Patients

6 mHealth Apps Market, By Type

7 Global mHealth Market, By Region

8 Competitive Landscape

9 Company Profile

TOC Continued………

Brows More Related Research Reports

CBD Market by Type, Growth, Size and Overview – 2026 | MRFR

Ticagrelor Market Size, Growth and Share Analysis, 2023 | MRFR

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/mhealth-applications-market-3195