MHEALTH MARKET ANALYSIS

mHealth Market, By Component (Wearables, mHealth Apps), By Services (Remote Health Monitoring, Diagnostic Services, Diagnostic Services, Others), By Application (Cardiovascular, Respiratory, Oncology, Neurology, Others), By End User (Public/Private healthcare institutions, Healthcare Workers, Physicians, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)

Published In : Dec 2023
Code : CMI749
Pages :180
Formats :
Excel and PDF
Industry : Healthcare IT

Mhealth MarketSize and Trends

The global mHealth market size is expected to reach US$ 61.26 Bn by 2030, from US$ 24.25 Bn in 2023, exhibiting a compound annual growth rate (CAGR) of 14.2% during the forecast period.

Global mHealth Market Trends

Increasing adoption of self-care and home healthcare solutions: The adoption of self-care and home healthcare solutions is having a significant impact on the global mHealth market. As people are increasingly living longer due to improved healthcare, there is a growing emphasis on convenience, independence, and disease prevention. Self-care and home healthcare mobile applications allow people to better monitor and manage their health from the comfort of their own homes. This helps reduce strain on overburdened healthcare systems while improving health outcomes.

Figure 2. Global mHealth Market Share (%), By Component, 2023