Please Wait.....
Report
mHealth Solutions Market Assessment, By Product and Service [mHealth Apps, Connected Medical Devices, mHealth Services], By Application [Disease Tracking, Wellness Management, Patient Monitoring, Others], By End-user [Healthcare Provider, Healthcare Payer, Patients, Others], By Region, Opportunities and Forecast, 2017-2031F
Market Report I 2024-07-31 I 225 Pages I Market Xcel - Markets and Data
Global mHealth solutions market is projected to witness a CAGR of 19.89% during the forecast period 2024-2031, growing from USD 76.71 billion in 2023 to USD 327.43 billion in 2031. The mHealth solutions are an important part of the healthcare IT industry, accounting for one of the fastest growth rates in the healthcare market. The market is being driven by factors such as the increasing prevalence of chronic diseases, growing demand for cost-effective healthcare, and growth in the digitization of healthcare services.
mHealth uses mobile technology to directly and economically address patients' health needs or give technical support to health service providers. In order to prevent, manage, and treat non-communicable diseases (NCDs) and associated risk factors, the World Health Organization (WHO)/International Telecommunication Union (ITU) initiative intends to support governments in using mobile components to supplement their current national health operations. The goal is to work with governments, interact with partners, including the commercial sector, and expand upon current structures rather than develop brand-new, stand-alone programs. As a result, mobile initiatives are more widely adopted and viable over time. Healthcare expenses are on the rise in every country globally, irrespective of GDP. Many healthcare expenses can be avoided if diseases are identified and treated early on with an emphasis on prevention and health promotion. Mobile health provides a means of reducing healthcare expenditures by utilizing affordable, readily available technology and enabling individuals to take an early, active role in their own wellness. When mHealth is implemented nationwide, a solid foundation of knowledge and expertise will be available, which will encourage more research and developments in the health domain, thus driving the global mHealth solutions market.
In January 2024, the Advanced Research Projects Agency started a mobile health initiative to develop a modern mobile health solution that can bridge the care gap for rural areas. The Platform Accelerating Rural Access to Distributed and InteGrated Medical care, or PARADIGM, is the name of the ARPA-H initiative. Its goal is to create "a multi-functional, rugged electric vehicle platform" that uses medical devices to perform tests and screenings for those living in rural regions. Additionally, the initiative will work to develop software that would enable devices to be remotely connected to electronic health record systems from within automobiles.
Increasing Prevalence of Chronic Diseases Drives Market Growth
The rise in long-term health problems, like diabetes and heart issues, puts a lot of pressure on hospitals and their inpatient units. This burden makes people want mobile health (mHealth) options that can help them better handle the ongoing health conditions. mHealth technologies, such as phone apps and medical devices, let patients keep an eye on their health from home, take care of themselves, and talk to their doctors on a regular basis. As per a report from the British Heart Foundation, around 200 million people have coronary artery disease (CAD) globally, out of which, 57.89% were male patients and 42.11% were female patients. As per International Diabetes Federation's report 2023, more than 537 million adults are living with diabetes globally.
Growth in Digitization of Healthcare Promotes Market Growth
The healthcare sector's shift towards digitization is creating more demand for mobile health (mHealth) solutions. This includes software, apps, and services. Advanced mobile health technologies, the need for improved care, and a push for efficiency have sparked this trend. mHealth tech, like smartphone apps and wearables, lets patients check their health from home, care for themselves, and talk to doctors more frequently. This trend towards mHealth can take a lot of pressure off of hospitals and inpatient units. It allows them to focus on complicated or emergency cases while boosting patient results and reducing costs. As healthcare keeps going digital, there will be a greater need for new mHealth based solutions. AI and machine learning features on these mobile platforms coupled with data analysis will give personalized and focused care towards patients.
mHealth Apps Dominate the Global mHealth Solutions Market
Mobile health, or mHealth, has quickly become the new standard in the healthcare sector. Rapid technology development in the field of mobile health has opened up several avenues for remote care delivery and advanced care. Throughout the projection period, the category is anticipated to grow at the fastest rate as well. The huge market valuation of this segment is primarily due to the expanding use of smartphones and the Internet, as well as the growing number of patients and medical professionals using mobile health applications. Growth is also being fueled by the increasing awareness of mobile health applications for uses, including personal health record management, illness tracking, fitness andand wellness, remote patient monitoring, and women's health, among others.
For instance, in February 2024, Kakao Healthcare Corporation launched its most recent AI-powered smartphone diabetes treatment software called PASTA, which stands for Personalised, Accessible, Supportive, Tech-enabled, and Affordable. The software connects to two CGM devices: the G7 from Dexcom and the CareSens Air from local company i-SENS. By the second quarter of 2024, the app will also be compatible with the Mallya smart cap for insulin pens.
North America Dominates the mHealth Solutions Market
In 2023, North America holds the highest revenue share in the global mHealth market. mHealth apps, which leverage mobile technology to deliver healthcare services, are rapidly gaining traction in the United States, Canada and Mexico. In North America, mHealth technology and solutions are anticipated to be driven by factors such as the aging population, prevalence of chronic ailments, rapid rise in smartphone use, and partnerships between IT and healthcare companies. According to a recent survey by Emarketer Inc., around two-thirds (63.4%) of the United States population has used an app for a health-related cause in the past year. In both polls, consumers most frequently downloaded health applications for fitness or exercise. The second most popular apps in each poll were those related to general wellbeing, which covers sleep, diet, and weight reduction.
Future Market Scenario (2024-2031F)
- Chatbots and virtual assistants: Chatbots and virtual assistants driven by AI will provide round-the-clock health information, prescription reminders, and basic symptom assessments, encouraging self-care and reducing the load of healthcare.
- Non-invasive and continuous monitoring: More health data, such as blood sugar levels, brain activity, and stress signs, will be continually tracked by sophisticated wearables and implanted sensors.
- Biometric authentication and security: Access to medical information and online consultations will be more secure with the use of biometric data, such as fingerprint or iris scans.
- Integration with home medical equipment: Telehealth systems are designed to be easily integrated with home medical equipment, such as weight scales and blood pressure monitors, to enable remote medication changes and monitoring patient's health.
Key Players Landscape and Outlook
Several medical device companies and IT companies like Koninklijke Philips N.V, Medtronic Plc, Johnson & Johnson Services Inc., Apple Inc., AliveCor Inc., Cisco Systems Inc., Qualcomm Technologies Inc., Omron Healthcare Co. Ltd., iHealth Lab Inc., AirStrip Technologies Inc. are flourishing in the mHealth solutions market by planning and adopting new strategies. They are complying with new strategic initiatives for antimicrobial susceptibility testing devices to increase their market presence. New agreements, contracts, acquisitions, mergers, investments, and partnerships are major ways through which they are trying to achieve higher market share.
In June 2024, a leading Asia-Pacific telehealth provider, Mobile-health Network Solutions Pte Ltd, announced its partnership with leading mobility and fast commerce platform Ryde Group Ltd. to address the challenges that Ryde's driver-partners and their families face in getting access to high-quality healthcare.
1. Project Scope and Definitions
2. Research Methodology
3. Executive Summary
4. Global mHealth Solutions Market Outlook, 2017-2031F
4.1. Market Size Analysis and Forecast
4.1.1. By Value
4.2. Market Share Analysis and Forecast
4.2.1. By Product and Service
4.2.1.1. mHealth Apps
4.2.1.1.1. Chronic Disease Management Apps
4.2.1.1.1.1. Diabetes Management
4.2.1.1.1.2. Blood Pressure and ECG Monitoring
4.2.1.1.1.3. Cancer Management
4.2.1.1.1.4. Mental Health Management
4.2.1.1.1.5. Others
4.2.1.1.2. General Health and Fitness Apps
4.2.1.1.3. Medication Management
4.2.1.1.4. Women's Health Apps
4.2.1.1.5. Others
4.2.1.2. Connected Medical Devices
4.2.1.2.1. Vital Signs Monitoring Devices
4.2.1.2.2. Sleep Monitoring Devices
4.2.1.2.3. Neurological Monitoring Devices
4.2.1.2.4. Sleep Apnea Monitoring Devices
4.2.1.2.5. Others
4.2.1.3. mHealth Services
4.2.1.3.1. Remote Monitoring Services
4.2.1.3.2. Diagnosis and Consultation Services
4.2.1.3.3. Treatment Services
4.2.1.3.4. Fitness and Wellness Services
4.2.1.3.5. Others
4.2.2. By Application
4.2.2.1. Disease Tracking
4.2.2.2. Wellness Management
4.2.2.3. Patient Monitoring
4.2.2.4. Others
4.2.3. By End-user
4.2.3.1. Healthcare Providers
4.2.3.2. Healthcare Payers
4.2.3.3. Patients
4.2.3.4. Others
4.2.4. By Region
4.2.4.1. North America
4.2.4.2. Europe
4.2.4.3. Asia-Pacific
4.2.4.4. South America
4.2.4.5. Middle East and Africa
4.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2023)
4.3. Market Map Analysis, 2023
4.3.1. By Product and Service
4.3.2. By Application
4.3.3. By End-user
4.3.4. By Region
5. North America mHealth Solutions Market Outlook, 2017-2031F*
5.1. Market Size Analysis and Forecast
5.1.1. By Value
5.2. Market Share Analysis and Forecast
5.2.1. By Product and Service
5.2.1.1. mHealth Apps
5.2.1.1.1. Chronic Disease Management Apps
5.2.1.1.1.1. Diabetes Management
5.2.1.1.1.2. Blood Pressure and ECG Monitoring
5.2.1.1.1.3. Cancer Management
5.2.1.1.1.4. Mental Health Management
5.2.1.1.1.5. Others
5.2.1.1.2. General Health and Fitness Apps
5.2.1.1.3. Medication Management
5.2.1.1.4. Women's Health Apps
5.2.1.1.5. Others
5.2.1.2. Connected Medical Devices
5.2.1.2.1. Vital Signs Monitoring Devices
5.2.1.2.2. Sleep Monitoring Devices
5.2.1.2.3. Neurological Monitoring Devices
5.2.1.2.4. Sleep Apnea Monitoring Devices
5.2.1.2.5. Others
5.2.1.3. mHealth Services
5.2.1.3.1. Remote Monitoring Services
5.2.1.3.2. Diagnosis and Consultation Services
5.2.1.3.3. Treatment Services
5.2.1.3.4. Fitness and Wellness Services
5.2.1.3.5. Others
5.2.2. By Application
5.2.2.1. Disease Tracking
5.2.2.2. Wellness Management
5.2.2.3. Patient Monitoring
5.2.2.4. Others
5.2.3. By End-user
5.2.3.1. Healthcare Providers
5.2.3.2. Healthcare Payers
5.2.3.3. Patients
5.2.3.4. Others
5.2.4. By Country Share
5.2.4.1. United States
5.2.4.2. Canada
5.2.4.3. Mexico
5.3. Country Market Assessment
5.3.1. United States mHealth Solutions Market Outlook, 2017-2031F*
5.3.1.1. Market Size Analysis and Forecast
5.3.1.1.1. By Value
5.3.1.2. Market Share Analysis and Forecast
5.3.1.2.1. By Product and Service
5.3.1.2.1.1. mHealth Apps
5.3.1.2.1.1.1. Chronic Disease Management Apps
5.3.1.2.1.1.1.1. Diabetes Management
5.3.1.2.1.1.1.2. Blood Pressure and ECG Monitoring
5.3.1.2.1.1.1.3. Cancer Management
5.3.1.2.1.1.1.4. Mental Health Management
5.3.1.2.1.1.1.5. Others
5.3.1.2.1.1.2. General Health and Fitness Apps
5.3.1.2.1.1.3. Medication Management
5.3.1.2.1.1.4. Women's Health Apps
5.3.1.2.1.1.5. Others
5.3.1.2.1.2. Connected Medical Devices
5.3.1.2.1.2.1. Vital Signs Monitoring Devices
5.3.1.2.1.2.2. Sleep Monitoring Devices
5.3.1.2.1.2.3. Neurological Monitoring Devices
5.3.1.2.1.2.4. Sleep Apnea Monitoring Devices
5.3.1.2.1.2.5. Others
5.3.1.2.1.3. mHealth Services
5.3.1.2.1.3.1. Remote Monitoring Services
5.3.1.2.1.3.2. Diagnosis and Consultation Services
5.3.1.2.1.3.3. Treatment Services
5.3.1.2.1.3.4. Fitness and Wellness Services
5.3.1.2.1.3.5. Others
5.3.1.2.2. By Application
5.3.1.2.2.1. Disease Tracking
5.3.1.2.2.2. Wellness Management
5.3.1.2.2.3. Patient Monitoring
5.3.1.2.2.4. Others
5.3.1.2.3. By End-user
5.3.1.2.3.1. Healthcare Providers
5.3.1.2.3.2. Healthcare Payers
5.3.1.2.3.3. Patients
5.3.1.2.3.4. Others
5.3.2. Canada
5.3.3. Mexico
*All segments will be provided for all regions and countries covered
6. Europe mHealth Solutions Market Outlook, 2017-2031F
6.1. Germany
6.2. France
6.3. Italy
6.4. United Kingdom
6.5. Russia
6.6. Netherlands
6.7. Spain
6.8. Turkey
6.9. Poland
7. Asia-Pacific mHealth Solutions Market Outlook, 2017-2031 India
7.1. China
7.2. Japan
7.3. Australia
7.4. Vietnam
7.5. South Korea
7.6. Indonesia
7.7. Philippines
8. South America mHealth Solutions Market Outlook, 2017-2031F
8.1. Brazil
8.2. Argentina
9. Middle East and Africa mHealth Solutions Market Outlook, 2017-2031F
9.1. Saudi Arabia
9.2. UAE
9.3. South Africa
10. Demand Supply Analysis
11. Value Chain Analysis
12. Porter's Five Forces Analysis
13. PESTLE Analysis
14. Market Dynamics
14.1. Market Drivers
14.2. Market Challenges
15. Regulatory Framework and Innovation
15.1. Patent Landscape
15.2. Regulatory Approvals
15.3. Innovations/Emerging Technologies
16. Market Trends and Developments
17. Case Studies
18. Competitive Landscape
18.1. Competition Matrix of Top 5 Market Leaders
18.2. SWOT Analysis for Top 5 Players
18.3. Key Players Landscape for Top 10 Market Players
18.3.1. Koninklijke Philips N.V
18.3.1.1. Company Details
18.3.1.2. Key Management Personnel
18.3.1.3. Products and Services
18.3.1.4. Financials (As Reported)
18.3.1.5. Key Market Focus and Geographical Presence
18.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
18.3.2. Medtronic Plc
18.3.3. Johnson & Johnson Services Inc.
18.3.4. Apple Inc.
18.3.5. AliveCor Inc.
18.3.6. Cisco Systems Inc.
18.3.7. Qualcomm Technologies Inc.
18.3.8. Omron Healthcare Co. Ltd.
18.3.9. iHealth Lab Inc.
18.3.10. AirStrip Technologies Inc.
*Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.
19. Strategic Recommendations
20. About Us and Disclaimer
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security