Acumen research and consulting estimates that the global mHealth monitoring diagnostic medical devices market is anticipated to reach market size of around US$ 263 Bn by 2028 and is anticipated to grow at a CAGR of around 20.8% in terms of revenue during the forecast period 2021 - 2028.
mHealth is defined as a diverse eHealth division which covers patient data collection. This related patient data is collected through cellular, computer, wearable and other mHealth apps. In fact, patient data obtained are processed in a virtual server via a mHealth program. The health practitioners use these recorded data to evaluate patient condition-related criteria. For example, a sensor for mHealth BP takes measures of blood pressure changes in a patient. Those measurements then are assessed for the seriousness of the medical condition by health practitioners. In fact , the industry sells various types of products and facilities. For instance, blood pressure monitors, pulse oximetry, neurological surveillance, cardiac surveillance, apnea and sleep monitoring, and other.
Market Insights
The rising pattern in prevention and support for start-ups in mHealth also fuel business growth. Mobile healthcare solutions are gathering traction in the healthcare sector by creating rising wireless start-ups. In turn, the rise in mHealth is attributed to factors such as higher mobile use, increased internet use and convenient access to mHealth applications. In addition, the development of the segment was greatly influenced by recent developments in wearable technologies and an growing incidence of chronic diseases, primarily cardiovascular disorders and diabetes. Besides technological development the two most important aspects of creating structured revenue channels are a sustainable business model and strategic alliances. However, the demand growth can be hampered by factors such as data protection concerns and weak network coverage.
Due to strong market demand, mHealth apps are projected to demonstrate a profitable growth rate over the forecast era. The rise in wearables for doctors and consumers who are mindful of their health would also have a positive effect on the sector. The majority of digital health start-ups have adopted B2C market models that allow greater adoption in the primary healthcare sector than in multi-stakeholder structures. Such B2C-focused start-ups, however, face profitability problems. For instance, clue, a starter company based in Berlin, offers fertility apps to customers free of charge. Some mHealth companies are therefore continuing to concentrate their efforts on B2B2C-based market models in order to retain profitability; i.e. sell their products or services to end-users, as MedTech, hospitals, IT, or to patients or doctors. The start-up may obtain insight into the industry conditions and existing situations at early stages with these company end users.
Attributed to the prevalence of key market players, the high level of adoption of digital technologies and increasing awareness of connected care, North American accounted for the second-largest share of the mHealth solutions market in 2020. One of the main factors responsible for its market share is the high penetration of the internet and smartphones in the country along with the use of health / drug related devices. In fact, the successful implementation in various health centers of electronic health records and electronic prescription structures continues to drive the growth of the regional market. The most rapidly rising mobile health sector is projected at Asia-Pacific. The driving forces include telemedicine, remote control, remote treatment, quick access to m-health devices, and the cost savings of m-health appliance solutions in particular. South Korea has had a market share of 10% in 2020 in the Asia-Pacific region. The Middle East and Africa market is also expected to expand steadily as African mobile health deployments help the healthcare professionals and staff in gathering and transmitting information on patients' diseases through cell phones, smart wearable devices and personal digital assistant (PDAs).
Key Players
Major players included in this report are FitBit, Inc., Omron Healthcare, Apple, Inc., Bayer HealthCare, Medtronic, Inc., BioTelemetry, Inc. (CardioNet, Inc.), Boston Scientific Corporation, LifeWatch AG, DexCom, Inc., iHealth Labs, Inc., AT&T, Inc, Johnson & Johnson, F. Hoffmann-La Roche Ltd., Masimo Corporation, Dräger AG, Fora Care Inc, Medisana AG, Nonin Medical, Inc., Firstbeat Technologies Ltd., Withings (Nokia), and others. Companies focus on geographic expansion, mergers, acquisitions, partnerships and release of products to gains a competitive advantage. For instance, with Change Healthcare Google Inc. is creating a cost-effective cloud computing platform on the market that will support imaging professionals as well as patients.
The global mHealth monitoring diagnostic medical devices market is segmented as below:
Market Segmentation
mHealth Monitoring Diagnostic Medical Devices Market By Products
mHealth Applications
mHealth Services
Connected Medical Devices
mHealth Monitoring Diagnostic Medical Devices Market By Applications
B2B
B2C
mHealth Monitoring Diagnostic Medical Devices Market By End User
Clinics
Hospitals
mHealth Monitoring Diagnostic Medical Devices Market By Geography
North America
• U.S.
• Canada
Europe
• U.K.
• Germany
• France
• Spain
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• GCC
• South Africa
• Rest of Middle East & Africa
CHAPTER 1.Industry Overview of MHealth Monitoring Diagnostic Medical Devices
1.1.Definition and Scope
1.1.1.Definition of MHealth Monitoring Diagnostic Medical Devices
1.1.2.Market Segmentation
1.1.3.Years Considered for the Study
1.1.4.Assumptions and Acronyms Used
1.1.4.1.Market Assumptions and Market Forecast
1.1.4.2.Acronyms Used in Global MHealth Monitoring Diagnostic Medical Devices Market
1.2.Summary
1.2.1.Executive Summary
1.2.2.MHealth Monitoring Diagnostic Medical Devices Market By Products
1.2.3.MHealth Monitoring Diagnostic Medical Devices Market By Application
1.2.4.MHealth Monitoring Diagnostic Medical Devices Market By End User
1.2.5.MHealth Monitoring Diagnostic Medical Devices Market by Regions
CHAPTER 2.Research Approach
2.1.Methodology
2.1.1.Research Programs
2.1.2.Market Size Estimation
2.1.3.Market Breakdown and Data Triangulation
2.2.Data Source
2.2.1.Secondary Sources
2.2.2.Primary Sources
CHAPTER 3.Market Dynamics And Competition Analysis
3.1.Market Drivers
3.1.1.Driver 1
3.1.2.Driver 2
3.2.Restraints and Challenges
3.2.1.Restrain 1
3.2.2.Restrain 2
3.3.Growth Opportunities
3.3.1.Opportunity 1
3.3.2.Opportunity 2
3.4.Porter’s Five Forces Analysis
3.4.1.Bargaining Power of Suppliers
3.4.2.Bargaining Power of Buyers
3.4.3.Threat of Substitute
3.4.4.Threat of New Entrants
3.4.5.Degree of Competition
3.5.Market Concentration Ratio and Market Maturity Analysis of MHealth Monitoring Diagnostic Medical Devices Market
3.5.1.Go To Market Strategy
3.5.1.1.Introduction
3.5.1.2.Growth
3.5.1.3.Maturity
3.5.1.4.Saturation
3.5.1.5.Possible Development
3.6.Technological Roadmap for MHealth Monitoring Diagnostic Medical Devices Market
3.7.Value Chain Analysis
3.7.1.List of Key Manufacturers
3.7.2.List of Customers
3.7.3.Level of Integration
3.8.Cost Structure Analysis
3.8.1.Price Trend of Key Raw Materials
3.8.2.Raw Material Suppliers
3.8.3.Proportion of Manufacturing Cost Structure
3.8.3.1.Raw Material
3.8.3.2.Labor Cost
3.8.3.3.Manufacturing Expense
3.9.Regulatory Compliance
3.10.Competitive Landscape, 2020
3.10.1.Player Positioning Analysis
3.10.2.Key Strategies Adopted By Leading Players
CHAPTER 4.Manufacturing Plant Analysis
4.1.Manufacturing Plant Location and Establish Date of Major Manufacturers in 2020
4.2.R&D Status and Application Source of MHealth Monitoring Diagnostic Medical Devices Major Manufacturers in 2020
CHAPTER 5.MHealth Monitoring Diagnostic Medical Devices Market By Products
5.1.Introduction
5.2.MHealth Monitoring Diagnostic Medical Devices Revenue By Products
5.2.1.MHealth Monitoring Diagnostic Medical Devices Revenue (US$ Mn) and Forecast, By Products, 2017-2028
5.2.2.MHealth Applications
5.2.2.1.MHealth Applications Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.3.MHealth Services
5.2.3.1.MHealth Services Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.4.Connected Medical Devices
5.2.4.1.Connected Medical Devices Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
CHAPTER 6.MHealth Monitoring Diagnostic Medical Devices Market Revenue By Application
6.1.Introduction
6.2.MHealth Monitoring Diagnostic Medical Devices Revenue (US$ Mn) By Application
6.2.1.MHealth Monitoring Diagnostic Medical Devices Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
6.2.2.B2B
6.2.2.1.B2B Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
6.2.3.B2C
6.2.3.1.B2C Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
CHAPTER 7.MHealth Monitoring Diagnostic Medical Devices Market By End User
7.1.Introduction
7.2.MHealth Monitoring Diagnostic Medical Devices Revenue (US$ Mn) By End User
7.2.1.MHealth Monitoring Diagnostic Medical Devices Revenue (US$ Mn) and Forecast By End User, 2017 - 2028
7.2.2.Clinics
7.2.2.1.Clinics Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
7.2.3.Hospitals
7.2.3.1.Hospitals Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
CHAPTER 8.North America MHealth Monitoring Diagnostic Medical Devices Market By Country
8.1.North America MHealth Monitoring Diagnostic Medical Devices Overview
8.2.U.S.
8.2.1.U.S. MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017-2028
8.2.2.U.S. MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
8.2.3.U.S. MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017-2028
8.3.Canada
8.3.1.Canada MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017-2028
8.3.2.Canada MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
8.3.3.Canada MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017-2028
8.4.North America PEST Analysis
CHAPTER 9.Europe MHealth Monitoring Diagnostic Medical Devices Market By Country
9.1.Europe MHealth Monitoring Diagnostic Medical Devices Market Overview
9.2.U.K.
9.2.1.U.K. MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017-2028
9.2.2.U.K. MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.2.3.U.K. MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017-2028
9.3.Germany
9.3.1.Germany MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017-2028
9.3.2.Germany MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.3.3.Germany MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017-2028
9.4.France
9.4.1.France MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017-2028
9.4.2.France MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.4.3.France MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017-2028
9.5.Spain
9.5.1.Spain MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017-2028
9.5.2.Spain MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.5.3.Spain MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017-2028
9.6.Rest of Europe
9.6.1.Rest of Europe MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017-2028
9.6.2.Rest of Europe MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.6.3.Rest of Europe MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017-2028
9.7.Europe PEST Analysis
CHAPTER 10.Asia Pacific MHealth Monitoring Diagnostic Medical Devices Market By Country
10.1.Asia Pacific MHealth Monitoring Diagnostic Medical Devices Market Overview
10.2.China
10.2.1.China MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017 - 2028
10.2.2.China MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.2.3.China MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017 - 2028
10.3.Japan
10.3.1.Japan MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017 - 2028
10.3.2.Japan MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.3.3.Japan MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017 - 2028
10.4.India
10.4.1.India MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017 - 2028
10.4.2.India MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.4.3.India MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017 - 2028
10.5.Australia
10.5.1.Australia MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017 - 2028
10.5.2.Australia MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.5.3.Australia MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017 - 2028
10.6.South Korea
10.6.1.South Korea MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017 - 2028
10.6.2.South Korea MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.6.3.South Korea MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017 - 2028
10.7.Rest of Asia-Pacific
10.7.1.Rest of Asia-Pacific MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017 - 2028
10.7.2.Rest of Asia-Pacific MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.7.3.Rest of Asia-Pacific MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017 - 2028
10.8.Asia Pacific PEST Analysis
CHAPTER 11.Latin America MHealth Monitoring Diagnostic Medical Devices Market By Country
11.1.Latin America MHealth Monitoring Diagnostic Medical Devices Market Overview
11.2.Brazil
11.2.1.Brazil MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017 - 2028
11.2.2.Brazil MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
11.2.3.Brazil MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017 - 2028
11.3.Mexico
11.3.1.Mexico MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017 - 2028
11.3.2.Mexico MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
11.3.3.Mexico MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017 - 2028
11.4.Rest of Latin America
11.4.1.Rest of Latin America MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017 - 2028
11.4.2.Rest of Latin America MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017 – 2028
11.4.3.Rest of Latin America MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017 - 2028
CHAPTER 12.Middle East & Africa MHealth Monitoring Diagnostic Medical Devices Market By Country
12.1.Middle East & Africa MHealth Monitoring Diagnostic Medical Devices Market Overview
12.2.Saudi Arabia
12.2.1.Saudi Arabia MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017 - 2028
12.2.2.Saudi Arabia MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
12.2.3.Saudi Arabia MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017 - 2028
12.3.UAE
12.3.1.UAE MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017 - 2028
12.3.2.UAE MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
12.3.3.UAE MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017 - 2028
12.4.Rest of Middle East & Africa
12.4.1.Rest of Middle East & Africa MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Products, 2017 - 2028
12.4.2.Rest of Middle East & Africa MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
12.4.3.Rest of Middle East & Africa MHealth Monitoring Diagnostic Medical Devices Market Revenue (US$ Mn) and Forecast By End User, 2017 - 2028
CHAPTER 13.Player Analysis Of MHealth Monitoring Diagnostic Medical Devices
13.1.MHealth Monitoring Diagnostic Medical Devices Market Company Share Analysis
13.2.Competition Matrix
13.2.1.Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2.New Product Launches and Product Enhancements
13.2.3.Mergers And Acquisition In Global MHealth Monitoring Diagnostic Medical Devices Market
13.2.4.Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14.COMPANY PROFILE
14.1.FitBit, Inc.
14.1.1.Company Snapshot
14.1.2.Business Overview
14.1.3.Financial Overview
14.1.3.1.Revenue (US$ Mn), 2020
14.1.3.2.FitBit, Inc. 2020 MHealth Monitoring Diagnostic Medical Devices Business Regional Distribution
14.1.4.Product/ Service and Specification
14.1.5.Recent Developments & Business Strategy
14.1.6.Manufacturing Plant Footprint Analysis
14.2.mron Healthcare
14.3.Apple, Inc.
14.4.Bayer HealthCare
14.5.Medtronic, Inc.
14.6.BioTelemetry, Inc. (CardioNet, Inc.)
14.7.Boston Scientific Corporation
14.8.LifeWatch AG
14.9.DexCom, Inc.
14.10.iHealth Labs, Inc.
14.11.AT&T, Inc
14.12.Johnson & Johnson
14.13.F. Hoffmann-La Roche Ltd.
14.14.Masimo Corporation
14.15.Dräger AG
14.16.Fora Care Inc
14.17.Medisana AG
14.18.Nonin Medical, Inc.
14.19.Firstbeat Technologies Ltd.
14.20.Withings (Nokia)
14.21.Others
