mHealth Solutions Market Insights Reports, Opportunities Analysis With Omron Healthcare, Inc., iHealth Labs, Cisco, Nokia, Jawbone
mHealth solutions market is expected to rise from its initial estimated value of USD 28.06 billion in 2018 to a projected value of USD 297.70 billion by 2026, registering a CAGR of 34.34% in the forecast period of 2019-2026. This rise in market value can be attributed to lower physician ratio as compared to patients requiring healthcare provisions.
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Market Definition: Global mHealth Solutions Market
mHealth solutions can be defined as the technology utilized in providing healthcare services and products through smart devices and smart phones. This technology is used for collecting patient data, their patient history and also through this technology, healthcare providers can ease their workflow helping them work in a systematic and effective way.
Key Market Competitors: Global mHealth Solutions Market
Medtronic; Cerner Corporation; Koninklijke Philips N.V.; ZTE Corporation; Nokia; AirStrip Technologies; BioTelemetry, Inc.; Apple Inc.; iHealth Labs Inc.; athenahealth, Inc.; AliveCor, Inc.; Zebra Technologies Corp; Johnson & Johnson Services, Inc.; Cisco; AT&T Intellectual Property; AgaMatrix; OMRON Corporation; Withings and Qualcomm Technologies, Inc. are few of the major competitors currently working in the mHealth solutions market.
Market Drivers:
- Growth in adoption and usage of smart devices and smart phones in healthcare and medical monitoring; this factor is expected to act as a driver for the market growth
- Increasing focus on patient-focused and individual specific healthcare provisions; this factor is expected to drive the market growth
Market Restraints:
- Absence of any regulations and standardization in the market restraining the market growth
- Lack of enthusiasm in providing information regarding the identification of correct mHealth applications and solutions; this factor is expected to restrain the market growth
Key Developments in the Market:
- In January 2019, Zebra Technologies Corp announced that they are planning to launch “DS1800-HC” collection of scanners and “TC51-HC” cellular PC for healthcare professionals in India. These products will assist physicians in easing their workflow resulting in increased productivity and effectiveness.
- In March 2016, ZTE Corporation announced the launch of all-in-one mHealth product that utilizes a number of smart devices and incorporates IoT technology in identifying the diseases & disorders and providing patient specific medical care.
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Global mHealth solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mHealth solutions market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Segmentation: Global mHealth Solutions Market
By Product & Service
Connected Medical Devices
Clinical Devices
Vital Signs Monitoring Devices
Blood Pressure Monitors
Blood Glucose Meters
ECG/Heart Rate Monitors
Pulse Oximeters
Peak Flowmeters
Fetal Monitoring Devices
Multiparameter Trackers
Sleep Apnea Monitors
Neurological Monitoring Devices
Other Clinical Devices
Consumer Health Devices
mHealth Apps
Healthcare Apps
General Health & Fitness Apps
Health Tracking Apps
Obesity & Weight Management Apps
Fitness & Nutrition Apps
Chronic Care Management Apps
Mental Health & Behavioral Disorder Management Apps
Diabetes Management Apps
Blood Pressure & ECG Monitoring Apps
Cancer Management Apps
Other Chronic Care Management Apps
Medication Management Apps
Women’s Health Apps
Pregnancy Apps
Fertility Apps
Breastfeeding Apps
Other Women’s Health Apps
Personal Health Record Apps
Other Healthcare Apps
Medical Apps
Medical Reference Apps
Continuing Medical Education Apps
Patient Management & Monitoring Apps
Communication & Consulting Apps
mHealth Services
Remote Monitoring Services
Diagnosis & Consultation Services
Treatment Services
Healthcare System Strengthening Services
Fitness & Wellness Services
Prevention Services
By Geography
North America (U.S., Canada, Mexico)
South America (Brazil, Argentina, Rest of South America)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe)
Asia-Pacific ( Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific)
Middle East & Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East & Africa)
Reasons to Purchase this Report
- Current and future of global mHealth solutions market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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