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)

Global mHealth Market Regional Insights

North America is expected to be the largest market for mHealth market during the forecast period, accounting for over 41.3% of the market share in 2023. The growth of the market in North America is due to high prevalence of respiratory diseases, favorable reimbursements, and the presence of key players.
Europe is expected to be the second-largest region for mHealth market, accounting for over 23.1% of the market share in 2023. The growth of the market in Europe is due to rising healthcare expenditures and strategic developments by companies.
Asia Pacific is expected to be the fastest-growing region for mHealth market, with a CAGR of 7.2% during the forecast period. The growth of the market in Asia Pacific is due to improving healthcare infrastructure and expanding insurance coverage.