The mHealth Solutions Market is Expected to Grow at a CAGR of 33.3% During the Forecast Period, 2020-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 26, 2020--
The “mHealth Solutions Market by Connected Devices (Glucose & Blood Pressure Monitor, Peak Flow Meter, Pulse Oximeter), Apps (Weight Loss, Women Health, Diabetes Management, Mental Health), Services (Remote Monitoring, Consultation) - Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The global mHealth solutions market is projected to reach USD 213.6 billion by 2025 from USD 50.82 billion in 2020, at a high CAGR of 33.3% during the forecast period of 2020 to 2025.
The mHealth solutions market is expected to grow at a CAGR of 33.3% during the forecast period
The growing adoption of smartphones, increasing penetration of 3G/4G networks, increasing utilization of connected devices and mHealth apps for the management of chronic diseases, rising focus on cost containment in healthcare delivery, rising focus on patient-centric healthcare delivery, and the increasing demand for home healthcare services are some of the key factors driving the greater uptake of mobile technologies among both patients and healthcare professionals.
Based on product and service, the mHealth apps segment accounted for the largest share of the market in 2019
In 2019, the mHealth apps segment accounted for the largest share of the mHealth solutions market. The large share of this segment can be attributed to the high and growing penetration of smartphones and healthcare apps and the rising incidence of chronic and lifestyle-related diseases across the globe (coupled with the effective utilization of apps in chronic disease management).
By region, North America accounted for the largest market share in 2019
In 2019, North America dominated the mHealth solutions market, followed by Europe, the Asia Pacific, Latin America, and the Middle East & Africa. The large share of North America in the mHealth solutions market can be attributed to the high penetration of smartphones, tablets, and other mobile platforms; increasing utilization of connected devices & mHealth apps for the management of chronic diseases; development & adoption of innovative technologies; and rising government initiatives.
Reasons to Buy the Report:
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a greater market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies to strengthen their position in the market.
This report provides insights into the following pointers:
- Market Penetration: Comprehensive information on product portfolios offered by the top players in the mHealth solutions market. The report analyzes this market by product & service and region.
- Product Enhancement/Innovation: Detailed insights on upcoming trends and service launches in the mHealth solutions industry.
- Market Development: Comprehensive information on the lucrative emerging markets by product & service and region.
- Market Diversification: Exhaustive information about new testing services, recent developments, and investments in the mHealth solutions industry.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, service offerings, and capabilities of leading players in the mHealth solutions market.
Key Topics Covered:
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
2 Research Methodology
2.1 Research Approach
2.1.1 Secondary Research
2.1.2 Primary Research
2.2 Market Size Estimation
2.3 Data Triangulation Approach
2.4 Market Share Estimation
3 Executive Summary
4 Premium Insights
4.1 mHealth Solutions Market Overview
4.2 APAC: mHealth Solutions Market, By Product & Service
4.3 Geographic Snapshot of the mHealth Solutions Market
4.4 Regional Mix: Market
4.5 Market: Developing vs Developed Markets
5 Market Overview
5.2 Market Dynamics
5.2.1 Market Drivers
5.2.2 Market Restraints
5.2.3 Market Opportunities
5.2.4 Market Challenges
6 Industry Insights
6.1 Industry Trends
6.2 mHealth Apps: Market Highlights
6.3 Mobile Healthcare Ecosystem: Stakeholder Analysis
6.3.4 Network Providers
7 mHealth Solutions Market, By Product & Service
7.2 mHealth Apps
7.3 Connected Medical Devices
7.4 mHealth Services
8 mHealth Solutions Market, By Region
8.2 North America
8.4 Asia Pacific
8.5 Latin America
8.6 Middle East and Africa
9 Competitive Landscape
9.2 Market Ranking Analysis
9.3 Competitive Leadership Mapping, 2019
9.4 Competitive Situation and Trends
10 Company Profiles
10.1 Medtronic PLC
10.2 Koninklijke Philips N.V.
10.3 Omron Healthcare Co., LTD. (A Part of Omron Corporation)
10.4 Johnson & Johnson
10.5 Cerner Corporation
10.6 BioTelemetry, Inc.
10.7 Apple, Inc.
10.8 Withings S.A.
10.9 AliveCor, Inc.
10.10 AirStrip Technologies
10.11 Athenahealth, Inc. (A Part of Veritas Capital)
10.12 iHealth Lab, Inc. (A Part of Andon Health Co., LTD.)
10.13 AT&T, Inc.
10.14 AgaMatrix, Inc.
10.15 Cisco Systems, Inc.
10.16 Additional Companies
For more information about this report visit https://www.researchandmarkets.com/r/o0fstr
View source version on businesswire.com:https://www.businesswire.com/news/home/20200226005516/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: TECHNOLOGY MOBILE/WIRELESS GENERAL HEALTH HEALTH
SOURCE: Research and Markets
Copyright Business Wire 2020.
PUB: 02/26/2020 08:44 AM/DISC: 02/26/2020 08:44 AM