global Mobile health market Growth Opportunities, Market Shares, Future Estimations and Key Countries by 2029


Posted September 4, 2023 by Bharatikhade96

Mhealth Market is anticipated to reach US$ 419.56 Bn. by 2029 from US$ 66.14 Bn. in 2022 at a CAGR of 30.20% during a forecast period.

 
Mhealth Market Overview:

The Mhealth Market study gives a comprehensive view of the competition, including the market share and company profiles of the major global competitors. The scope of the research includes a full examination of the Mhealth Market, as well as the reasons for variations in the industry's growth between regions.

Mhealth Market Scope:

Following the completion of market engineering, which included market statistics computations, market size estimations, market forecasts, market breakdown, and data triangulation, extensive primary research was done to gather information and verify and validate important numbers. To undertake market estimating and forecasting for the overall market segments and sub-segments described in this research, top-down and bottom-up tactics, as well as different data triangulation procedures, were often employed throughout the market engineering process. Extensive qualitative and quantitative analysis is performed on all data obtained during the market engineering process in order to provide essential information throughout the report.

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Mhealth Market Dynamics:

The mHealth market is growing as a result of the usage of wireless and mobile technology to make it easier to attain health goals. A few examples include the quick development of wireless applications and technology, the explosion of new ways to incorporate mobile health into eHealth services, and the ongoing expansion of mobile cellular network coverage. Over 5 billion wireless subscribers are already using these services, with over 70% of them living in low- and middle-income nations, according to the International Telecommunication Union (ITU).

Mhealth Market Segmentation:

by Device

Blood Glucose Meter
BP Monitors
Pulse Oximetry
Neurological Monitors
Cardiac Monitors
Apnea & Sleep Monitors
Wearable Fitness Sensor Device & Heart Rate Meters
Others


by Services

Remote Monitoring Services
Diagnosis Services
Treatment Services
Health Support Services
Fitness & Wellness Services
Others


by End-Use Industry

Mobile Operators
Devices Vendors
Health Providers
Others

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Mhealth Market Key Players:

Market leaders are identified by primary and secondary research, and market revenue is calculated using primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers' annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then verified against primary data.

The biggest players in the Mhealth market are as follows:

1. LifeWatch
2. KONINKLIJKE PHILIPS N.V.
3. Medtronic
4. Boston Scientific Corporation
5. Athenahealth, Inc.
6. Honeywell Life Care Solutions
7. Cisco Systems, Inc.
8. OMRON Corporation
9. Masimo
10. AgaMatrix, Inc.
11. Johnson & Johnson
12. Samsung
13. Withings S.A
14. iHealth Labs, Inc.
15. Nike, Inc.

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Regional Analysis:

Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the Mhealth market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.

COVID-19 Impact Analysis on Mhealth Market:

Due to a break in operations, end-user sectors where Mhealth are used suffered a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, and Spain, France, and India. As a result, the revenues of enterprises in these industries fell significantly, as did the demand for Mhealth manufacturers, impacting the growth of the Mhealth market in 2020. Lockdowns and a surge in COVID-19 events globally have severely reduced end-user business demand for Mhealth.

Key Questions Answered in the Mhealth Market Report are:

In 2021, which segment held the highest proportion of the Mhealth market?
What is the Mhealth market's competitive landscape?
What are the primary drivers assisting Mhealth market growth?
Which region has the most market share in the Mhealth market?
What will be the Mhealth market's CAGR throughout the projected period (2023-2029)?
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Issued By Bharati khade
Country United States
Categories Business , Health , Services
Tags mhealth market , mhealth market grwoth , mhealth market trends , mhealth market size
Last Updated September 4, 2023