mHealth Market Size to Cross USD 152.2 Billion by 2026
The market is driven by increasing in need for digitalization especially in healthcare sector and also increase in number of chronic illness throughout the globe.
A report by Acumen Research and Consulting estimated that the mHealth Market will surpass $152.2 billion by 2026, representing an average annual growth rate of 26.1 percent from 2019 to 2026.
The report offers insights into prevailing mHealth market trends. Besides this, it highlights growth opportunities across the world and identifies the segments offering the most lucrative prospects for growth. The report includes information obtained from trusted industrial sources. In addition to this, it reveals the growth strategies undertaken by leading companies in the market. It therefore profiles some of the leading market players and gauges the impact of their expansion strategies on the overall mHealth market. It is intended to help stakeholders gain a comprehensive overview of the global market.
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Rising Demand for Digital Health Technologies to Boost Growth
It is important to note that mHealth is one of the most widely adopted digital health technologies across the world. In fact the market is predicted to exhibit a double-digit growth during the course of the report's forecast period. Factors such as the rising internet penetration and increasing incidence of chronic ailments such as diabetes and cardiovascular diseases will support the mHealth market growth in the coming years. Considering this, the rising demand for smartphones and improving accessibility to digital technologies will prove a boon to the market.
As per the statistics published in one of the recent studies conducted by GSM Association, the number of users connected via mobile services surpassed five billion in 2017. Furthermore, the pool of unique mobile subscribers is likely to exponentially rise, reaching 5.9 billion by the end of 2025. This coupled with funding towards mHealth start-ups and skyrocketing demand for preventive healthcare will boost the market in the near future.
Government Support Expected to Encourage Growth in Coming Years
In addition to the penetration of digital technologies, government support to encourage digitization in healthcare sector will bode well for the overall market. Besides this, economic factors such as the rising geriatric population, increasing prevalence of chronic ailments, and increasing willingness to spend on advanced healthcare will boost the global mHealth market in the coming years.
In order to provide in-depth study, the report segments the global market in terms of three main parameters. These include region, service, and participants. In terms of service, the global mHealth market can be segmented into diagnosis services, monitoring services, services to strengthen healthcare systems and others. The monitoring services segment can be further classified into chronic disease management, independent aging solutions, and post-acute care services. The report offers detailed information on the drivers and restraints impacting the growth of this market across each of the aforementioned segments.
Growth in Europe Likely to Be Supported by High Adoption of Latest Technologies
In terms of participant, the mHealth market can be segmented into content players, mobile operators, device vendors, and healthcare providers. Regionally, the global mHealth market can be segmented into Asia Pacific, Europe, North America, the Middle East and Africa, and Latin America. According to the report, in 2018 Europe held the largest portion of the overall mHealth market share in terms of revenue. It is also expected to remain dominant over the course of the forecast period. The region shows a high adoption of latest technologies in healthcare. This coupled with the rising per capital healthcare expenditure, rising incidence of chronic ailments, and the increasing geriatric population will support the mHealth market growth in the region.
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mHealth Market (By Services - Connected Sensors [Inhaler Sensors, Injection Sensors], Integrated Connected Devices [ Integrated Inhaler, Integrated Injection];By Technology - Bluetooth, NFC, Other Technologies (Cellular, Low Power Wide Area Network); By Participants - Healthcare Providers, Homecare Centers) - Global Industry Size, Share, Trends and Forecast 2018 - 2026
Related Reports:
- Digital Health Market (By Technology - Telehealth, Apps, Health Analytics, mHealth, Digital Health Systems, Market By Components- Hardware, Software, Services) - Global Industry Size, Share, Trends, and Forecast 2018-2026
- Home Healthcare Market - The global market size is expected to reach USD 528.2 billion by 2026 growing at a CAGR of 7.9% over the forecast period 2019 to 2026
North America is expected to emerge as the second-leading market for mHealth globally. Factors such s the presence of a large target population base and the increasing demand for advanced healthcare facilities will support the expansion of the market in North America. Besides this, Asia Pacific will emerge as a lucrative market. Strengthening internet penetration in the region, coupled with increasing awareness about modern healthcare, will pave the way for the growth of the market in Asia Pacific. In addition to this, the increasing willingness of patients to spend on advanced healthcare will support the growth of the market in the region.
- Europe captures the largest revenue share at 35.0% and will continue to retain its dominance position over the forthcoming years
- In 2018, Europe was generating highest revenue in the global mhealth market
- Asia Pacific is anticipated to showcase the highest CAGR of 27.0% over the forthcoming years
Key Players Analysis
Besides highlighting prevailing trends, the report profiles some of the leading players operating in the market. These include Vodafone Group, Apple Inc., AllScripts Healthcare Solutions, AirStrip Technologies, mQure, Qualcomm Inc., Softserve, Orange, Telefonica, Samsung Electronics, Google Inc., and AT&T. Besides investing in product launches, these companies are focusing on strategic collaborations to expand their footprint globally.
Market Segmentation as below:
Market By Services
- Connected Sensors
- Inhaler Sensors
- Injection Sensors
- Integrated Connected Devices
- Integrated Inhaler
- Integrated Injection
Market By Technology
- Bluetooth
- NFC
- Other Technologies (Cellular, Low Power Wide Area Network)
Market By Participants
- Healthcare Providers
- Homecare Centers
Market By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa (MEA)
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TABLE OF CONTENT
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of mHealth
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. mHealth Market By Services
1.2.2.1. Global mHealth Market Revenue and Growth Rate Comparison By Services (2015-2026)
1.2.2.2. Global mHealth Market Revenue Share By Services in 2017
1.2.2.3. Connected Sensors
1.2.2.4. Integrated Connected Devices
1.2.2.5. Others
1.2.3. mHealth Market By Technology
1.2.3.1. Global mHealth Market Revenue and Growth Rate Comparison By Technology (2015-2026)
1.2.3.2. Bluetooth
1.2.3.3. NFC
1.2.3.4. Other Technologies
1.2.4. mHealth Market By Participants
1.2.4.1. Global mHealth Market Revenue and Growth Rate Comparison By Participants (2015-2026)
1.2.4.2. Healthcare Providers
1.2.4.3. Homecare Centers
1.2.4.4. Others
1.2.5. mHealth Market by Geography
1.2.5.1. Global mHealth Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America mHealth Market Revenue and Growth Rate (2015-2026)
1.2.5.3. Europe mHealth Market Revenue and Growth Rate (2015-2026)
1.2.5.4. Asia-Pacific mHealth Market Revenue and Growth Rate (2015-2026)
1.2.5.5. Latin America mHealth Market Revenue and Growth Rate (2015-2026)
1.2.5.6. Middle East and Africa (MEA) mHealth Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Homecare Centers Production Date of Global mHealth Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global mHealth Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global mHealth Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global mHealth Major Manufacturers in 2017
CHAPTER 4. mHEALTH MARKET BY SERVICES
4.1. Global mHealth Revenue By Services
4.2. Connected Sensors
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Integrated Connected Devices
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Other
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. mHEALTH MARKET BY TECHNOLOGY
5.1. Global mHealth Revenue By Technology
5.2. Bluetooth
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. NFC
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Other Technologies
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. mHEALTH MARKET BY PARTICIPANTS
6.1. Global mHealth Revenue By Participants
6.2. Healthcare Providers
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Homecare Centers
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Others
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. NORTH AMERICA mHEALTH MARKET BY COUNTRY
7.1. North America mHealth Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America mHealth Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. mHealth Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
7.5. Mexico
7.5.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
7.5.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
CHAPTER 8. EUROPE mHEALTH MARKET BY COUNTRY
8.1. Europe mHealth Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe mHealth Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
CHAPTER 9. ASIA-PACIFIC mHEALTH MARKET BY COUNTRY
9.1. Asia-Pacific mHealth Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific mHealth Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
CHAPTER 10. LATIN AMERICA mHEALTH MARKET BY COUNTRY
10.1. Latin America mHealth Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America mHealth Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
10.4. Argentina
10.4.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
CHAPTER 11. MIDDLE EAST mHEALTH MARKET BY COUNTRY
11.1. Middle East mHealth Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East mHealth Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Saudi Arabia
11.3.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
11.4. UAE
11.4.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
11.5. Rest of Middle East
11.5.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
CHAPTER 12. AFRICA mHEALTH MARKET BY COUNTRY
12.1. Africa mHealth Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Africa mHealth Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. South Africa
12.3.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
12.4. Egypt
12.4.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
12.5. Rest of Africa
12.5.1. Market Revenue and Forecast By Services, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By Participants, 2015 - 2026 ($Million)
CHAPTER 13. COMPANY PROFILE
13.1. Vodafone Group
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. AllScripts Healthcare Solutions
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Apple Inc.
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. AirStrip Technologies
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. Qualcomm Inc.
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. mQure
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. Softserve
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Telefonica
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Type Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. Orange
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Type Portfolio
13.9.5. Key Developments
13.9.6. Strategies
13.10. Google Inc.
13.10.1. Company Snapshot
13.10.2. Overview
13.10.3. Financial Overview
13.10.4. Type Portfolio
13.10.5. Key Developments
13.10.6. Strategies
13.11. Samsung Electronics
13.11.1. Company Snapshot
13.11.2. Overview
13.11.3. Financial Overview
13.11.4. Type Portfolio
13.11.5. Key Developments
13.11.6. Strategies
13.12. AT&T
13.12.1. Company Snapshot
13.12.2. Overview
13.12.3. Financial Overview
13.12.4. Type Portfolio
13.12.5. Key Developments
13.12.6. Strategies
13.13. Others
13.13.1. Company Snapshot
13.13.2. Overview
13.13.3. Financial Overview
13.13.4. Type Portfolio
13.13.5. Key Developments
13.13.6. Strategies
CHAPTER 14. RESEARCH APPROACH
14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope
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