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mHealth Market: Rapid growth in smartphones usage and increasing demand of chronic diseases management are key drivers for Global mHealth Market.Description
Mobile health (mHealth) refers to the different methods or practices to support healthcare and medical services through the use of mobile technologies to monitor a variety of chronic conditions such as heart disease, diabetes, autism, insomnia and asthma. mHealth aims to empower patients with information and management of their own health in order to promote outcomes improvement through enhanced decision-making, to help reduce costs, increase access throughout the system and supply data for predictive modeling of at-risk populations. So, during the study of Global MHealth market, we have considered MHealth revenue to analyze the market.
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Scope of Global MHealth Market Reports –
Global MHealth Market report is segmented on the basis of Device type, Stakeholder Type, Service Type, Application Type, End User type and by regional & country level. Based on Device type global mHealth Market is classified as Pulse Oximeters, Blood Glucose Meters, Sleep Monitoring devices, Neurological Monitoring Device, Cardiac Monitors, Activity Monitors, Blood Pressure Monitors, Wearable Fitness Sensor Devices and others. Based upon Stakeholder Type, global MHealth Market is classified as Healthcare Providers, Mobile Operators, Application Players, Device Vendors and others. Based upon Service type, global mHealth Market is classified as Diagnostics, Monitoring, Treatment, Wellness and fitness and others. Based upon Application type, global MHealth Market is classified as Mobile Apps, Chronic Disease Management, Remote Consultation, Pharmaceutical Applications and others. Based upon End User type, global MHealth Market is classified as Hospitals, Trauma Centers and Research Centers.
The regions covered in this MHealth Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of MHealth is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global MHealth Market Reports-
Global MHealth market report covers prominent players like Apple Inc., FitBit Inc., Withings, Jawbone, Dexcom Inc., Proteus Digital Health, Omada Health Inc., WellDoc Inc., Livongo Health, Noom Inc., Ginger.io Inc., Propeller Health, 2Morrow Inc., Canary Health, Mango Health, BiogeniQ Inc., Twine Health Inc., Glooko Inc., Firstbeat Technologies Ltd., Claritas MindSciences, Big Health, Dthera Sciences, Virta Health Corp, Zest Health, LLC, Meru Health Inc., HealthMine Inc., Pear Therapeutics Inc., BioTelemetry Inc., Blue Mesa Health, and Digital Therapeutics and others.
Global MHealth Market Dynamics –
According to World Bank, 83% of the member countries have atleast one mHealth initiative (SMS, IVR, or Apps). The rapid growth in the usage of smartphones and growth of 3G/4G/5G networks are the major drivers for the growth of the global mHealth Market. As per the Cisco Visual Networking Index, mobile traffic has amplified four-fold in recent years and it is expected to grow exponentially in the upcoming years. Mobile connectivity with healthcare professionals helps in decreasing the bridge between healthcare professionals and patients.
mHealth systems are emerging in response to increased prevalence of chronic diseases, increased healthcare needs, new wireless technologies, better video and monitoring technologies, decreasing healthcare resources, an emphasis on reducing hospital days, and growing confidence in cost-effectiveness. However, lack of technological awareness among the ageing population and data security are the major restrains of the Global mHealth Market. Nonetheless, untapped market and technological advancements may generate new opportunities in forecast period
Global mHealth Market Regional Analysis –
North America dominates the market with highest market share followed by Europe. High health care expenditure, government initiatives, high rate of adoption of new technologies and increasing funding by private and public organizations A number of mobile apps targeted at wellness and fitness are also offered in the U.S. and constitute 13% of the total mobile health deployments.
Europe is the second largest market for mHealth due to increasing prevalence of chronic diseases and increasing technological advancements. The NHS England has committed to an informatics strategy to transform healthcare service delivery using technology at national and local levels
Asia Pacific mHealth Market is witnessed with strong growth rate majorly due to increasing number of smartphone users, increasing burden of chronic diseases, increasing awareness about digital technology and government funding for research and development. Asia Pacific region has topped the world in growth of smartphone traffic to the internet. India and China delivered a staggering 717 million and 300 million consumers respectively in the year 2017.
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mHealth Market Segmentation
By Device
Pulse Oximeters
Blood Glucose Meters
Sleep Monitoring devices
Neurological Monitoring Device
Cardiac Monitors
Activity Monitors
Blood Pressure Monitors
Wearable Fitness Sensor Device
Others
By Stakeholders
Healthcare Providers
Mobile Operators
Application Players
Device Vendors
Others
By Service
Diagnostics
Monitoring
Treatment
Wellness and fitness
Others
By Application
Mobile Apps
Diagnostics
Monitoring
Medical Education
Medication Adherence
Fitness & Nutrition
Alert and awareness
Women’s Health
Health care record maintenance
Others
Chronic Disease Management
Cardiovascular
Diabetes
Respiratory diseases
Neurological disorders
Others
Remote Consultation
Pharmaceutical Applications
Others
By End User
B2B
Providers
Payers
Employers
B2C
Patients
Caregivers
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By Region
North America
U.S.
Mexico
Canada
Europe
UK
France
Germany
Italy
Asia Pacific
China
Japan
India
Southeast Asia
Latin America
Brazil
The Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
mHealth Market Key Players
Apple Inc.
FitBit Inc.
Withings
Jawbone
Dexcom Inc.
Proteus Digital Health
Omada Health Inc.
WellDoc Inc.
Livongo Health
Noom Inc.
io Inc.
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