Article -> Article Details
| Title | MHealth Applications Market Outlook, Growth, Opportunities and Forecast – 2030 |
|---|---|
| Category | Fitness Health --> Health Articles |
| Meta Keywords | MHealth Applications Market, MHealth Applications Market Size, MHealth Applications Market Industry, Global MHealth Applications Market, MHealth Applications Market Research, |
| Owner | Vaibhav |
| Description | |
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mHealth or
mobile health is the practice of public health and medicine that is supported
by mobile devices, including tablets, mobile phones, wireless infrastructure,
and personal digital assistants. Some of its common digital health applications
include chronic disease management, telehealth/telemedicine, healthcare worker
telecommunication as well as training, remote monitoring, remote data
collection, healthcare supply chain management, epidemic outbreak and disease
tracking, treatment and diagnostic support, and education and awareness. The MHealth
Applications Market Share is expected to reach USD 3,920 Million by 2030 at 12.01% CAGR during
the forecast period 2022-2030. Drivers and Constraints Impacting the Market After the evolution
of the term eHealth, it is the era of mHealth and is commonly known as mobile
health. With technology transforming the entire world, digital innovation and
technological advancements are taking the healthcare industry to the next
level. Use of mobile and mHealth devices is expanding at a tremendous rate
which is further contributing to the growth of the mHealth applications market.
Technology acts as the major driver behind the growth of the market. With
continuous innovation and advancements in the medical sector, the market is
likely to flourish. Moreover, technological advancements are offering better
healthcare solutions which are likely to transform the medical sector in the
coming years. Additionally, convenience and low cost of medical devices,
integration of wireless technology, government initiatives, and affordability
of smartphones are contributing the growth of the market. On the flip
side, factors such as confidentiality and security threats coupled with market
volatility and resistance to change are some of the major concerns considered
to retard the market growth during the assessment period. Moreover, nascent
technology in the underdeveloped regions, lack of technological awareness among
the geriatric population, and limited reimbursement coverage are impeding the
market growth across the globe. Major Key
Players: Some of Key Market Players
are Allscripts (U.S.), Agamatrix, Inc. (U.S.), Apple Inc. (U.S.), Honeywell
International Inc. (U.S.), Medtronic MiniMed, Inc. (U.S.), Vivify Health
(U.S.), iHealth Labs Inc. (U.S.) and others are some of the prominent players
at the forefront of competition in the Global mHealth Applications Market
and are profiled in MRFR Analysis. Market
Segmentation The global market
report on the mHealth applications covers significant grounds in terms of
segments that can provide a much-detailed peek into the market and how it is
advancing in the coming years. The market can be segmented by type and under
its purview various factors have been analyzed with their valuation and volume
getting significant focus in the market. By type, the
global market can be segmented into Wellness & Prevention, Diagnosis &
Treatment, Monitoring Applications, Healthcare Management, Education &
Awareness, and others. The diagnosis & treatment segment has potential to
scale up the amount of revenue as the demand for better diagnosis is growing
with each passing year. In the education & awareness sector, the growth of
this market would be substantial. Regional Analysis Global MHealth Applications
Market Outlook, based on region, has been divided
into Europe, the Americas, Asia-Pacific, and Middle East & Africa. Among all the regions, Europe held the largest market share with 31.7 %
in 2016. North America is estimated to garner USD 28762.1 million by the end of
the review period owing to the high expenditure on healthcare, the high
adoption rate of latest technologies, initiatives by the government, and rising
funding by the public and private organizations. Asia Pacific is considered to be the fastest-growing and second-largest
market. The growth is mainly attributed to the rising prevalence of chronic
diseases, growing disposable income, and increasing geriatric population in
this region. About Market Research
Future At Market Research Future (MRFR), we enable our
customers to unravel the complexity of various industries through our Cooked
Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research
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Services. MRFR team have supreme objective to provide the
optimum quality market research and intelligence services to our clients. Our
market research studies by products, services, technologies, applications, end
users, and market players for global, regional, and country level market
segments, enable our clients to see more, know more, and do more, which help to
answer all their most important questions. In order to stay updated with technology and work
process of the industry, MRFR often plans & conducts meet with the industry
experts and industrial visits for its research analyst members. Contact us: Market Research Future
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