mHealth Market (By Services - Connected Sensors [Inhaler Sensors, Injection Sensors], Integrated Connected Devices [ Integrated Inhaler, Integrated Injection];By Technology - Bluetooth, NFC, Other Technologies (Cellular, Low Power Wide Area Network); By Participants - Healthcare Providers, Homecare Centers) - Global Industry Size, Share, Trends and Forecast 2018 - 2026

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Published | Pages : 180

Introduction

The global mhealth market is project worth $152.2 Billion in 2026 and the market is projected to showcase 26.1% CAGR during the forecast period. The market is driven by increasing in need for digitalization especially in healthcare sector and also increase in number of chronic illness throughout the globe.

Market Dynamics

Surge in adoption to technology in healthcare industry is the key reason for the growth of the mhealth market. Also, supportive government regulation to promote digitalization in healthcare sector is optimistically impacting the growth of the mhealth market and is anticipated to push the growth of mhealth market during the forecast period. mhealth technological invention, which has bridged the unsought gap between healthcare industry and digital technology. The emergence of these ‘healthcare-cum-technology’ devices have addressed the soaring need for better technology solution such as mhealth.

Market Insights

The global mhealth market is expected to register substantial growth in the near future, attributed to a growing geriatric population, increasing occurrence of chronic diseases, and growing penetration of internet subscribers and smartphones. Technological progressions and development are leading to services revolutions in the area of mhealth, which is driving the growth of the market. Increasing preference towards preventive healthcare and consequently increasing subscription to mhealth apps have been driving the growth of the industry during the forecasted time frame.

Market Classification

The global mhealth market is segmented into four major segment named services, participants, and region. On the basis of services the mhealth market is segmented into monitoring services, diagnosis services, healthcare systems strengthening services and others. These monitoring services are further bifurcated into independent aging solutions and chronic disease management and post-acute care services. On the basis of the participants the global mhealth market is segmented into mobile operators, device vendors, content players, and healthcare providers. On the basis of region the global mhealth market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Regional Insights

In 2018, Europe captured largest revenue share and the region is projected to continue its dominance over the forecast period as the region is highly active towards the adoption of latest technology in healthcare sector. Other regions for the growth of the Europe mhealth market are high per capita healthcare expenditure, rising geriatric population and consequently increasing chronic diseases.

North America is projected to be the second fastest-developing market for mhealth. Augmented incidence of chronic diseases and incidence of a huge target population base are the key parameter increasing demand for mhealth in the region. Asia Pacific region is anticipated to capture high CAGR during the forecast period. This is due to increasing awareness about digital healthcare facilities.

Report Coverage

Market

mhealth Market

Analysis Period

2016 – 2026

Historic Data

2016 – 2017

Base Year

2018

Forecast Data

2019 – 2026

Market Stratification

Services, Participants, Technology  and Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

The major players associated with the mhealth market are Vodafone Group, AllScripts Healthcare Solutions, Apple Inc., AirStrip Technologies, Qualcomm Inc., mQure, Softserve, Telefonica, Orange, Google Inc., Samsung Electronics, and AT&T. Most of these above mentioned players put emphasis on new services launch and technological expansion, mergers & acquisitions, and strategic partnership activities as part of their commercial expansion strategies. Organizations associated with mhealth market are constantly concentrating on research and development to cater best to the clients and facilitate best technology to healthcare sector.

Market Segmentation

Market By Services

  • Connected Sensors
    • Inhaler Sensors
    • Injection Sensors
  • Integrated Connected Devices
    • Integrated Inhaler
    • Integrated Injection

Market By Technology

  • Bluetooth
  • NFC
  • Other Technologies (Cellular, Low Power Wide Area Network)

Market By Participants

  • Healthcare Providers
  • Homecare Centers

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA


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