mHealth Market Size, Share, Trends, Business development, Analysis And Opportunities 2020 - 2027
mHealth Market |
mHealth, often known as mobile health, refers to the use of mobile devices such as personal digital assistants, mobile phones, wireless infrastructure, and tablets to enhance medical and public health. mHealth is a subset of digital health that encompasses all multimedia and telecommunications functionalities used to provide health and healthcare data.
The rising prevalence of chronic disorders is also projected to boost mHealth market growth. According to a study published in September 2019 in the journal Diabetes Research and Clinical Practice titled "Global and regional diabetes prevalence estimates for 2019 and projections for 2030 and 2045: Results from the International Diabetes Federation Diabetes Atlas, 9th edition," 463 million people are expected to have diabetes in 2019, rising to 578 million by 2030 and 700 million by 2045.
Market Segmentation:
By Service:
- Solutions for patients
- Healthcare system strengthening
By Application
- General healthcare and fitness
- Medication information
- Remote monitoring
- collaboration and consultancy
- Healthcare management
- Health data and record access
By End User
- Public/Private healthcare institutions
- Physicians
- Healthcare workers
- Individuals
The worldwide mHealth market is projected to be hampered by low internet uptake in some emerging economies. According to Pew Research Center (October 2019), Sub-Saharan Africa has the lowest rate of internet use of any geographic region, with rates ranging from 59 percent in South Africa to 25 percent in Tanzania. stifles the mHealth market's expansion. In addition, aversion to change in general, the presence of unreliable technologies, non-uniformity in technology availability, a lack of end-user education, and a slew of other challenges are predicted to stymie mHealth adoption.
The major players operating the global mHealth market include, Medtronic Inc., Apple Inc., Sanofi, Mobistante, Inc., AirStrip Technologies, Inc., AliveCor, Inc., LifeWatch AG, Koninklijke Philips N.V, Jawbone, Nike, Inc., Omron Corporation, Johnson and Johnson, Bio Telemetry Inc., Withings, AgaMatrix Inc., iHealth Lab Inc., Elucid Mhealth, Qualcomm, AT&T, Cerner Corporation and Cisco Inc.
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