Spotlight on the mHealth Market: Pioneering the Future of Healthcare | CAGR 22.3%
mHealth Market– Global Outlook and Forecast 2023-2030 is latest research study released by Allied Market Research evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support (2023-2030). The market Study is segmented by key a region that is accelerating the marketization. The report provides information on market research and development, growth drivers, and the changing investment structure of the Global mHealth Market. Some of the key players profiled in the study are Bayer Healthcare, Boston Scientific Corporation, Dexcom, Johnson & Johnson, Koninklijke Philips, Masimo Corporation, Medtronic, Omron Corporation, Samsung Group, Sanofi. The global mHealth market is expected to reach $230 billion by 2027, registering a CAGR of 22.3% from 2020 to 2027.
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mHealth Market Outlook 2020-2030
In 2019, BP monitors held the largest market share among mHealth devices, driven by factors like an increase in hypertension cases resulting in high blood pressure and the growing adoption of sedentary lifestyles. However, blood glucose meters are projected to be the fastest growing segment in the global mHealth devices market. This is attributed to the rising prevalence of diabetes and the increased adoption of continuous blood glucose monitoring (CGM) devices.
Regarding services, monitoring services accounted for the largest share in the mHealth services market in 2019 and are expected to experience the highest growth rate during the forecast period. The segment’s growth can be attributed to the increasing prevalence of diseases such as blood pressure, diabetes, and cardiovascular diseases, which require continuous monitoring for prevention and improved treatment.
North America dominated the mHealth market in 2019 and is expected to maintain this trend. This is due to the rise in diabetes, blood pressure, cardiovascular diseases, and other health conditions in the region. Additionally, factors like the easy availability of mHealth devices and services, as well as the increased adoption of these devices, contribute to the market’s growth. The Asia-Pacific region is projected to exhibit the fastest growth rate, driven by a surge in awareness about the use of mHealth devices.
Marketing Communication and Sales Channel
Understanding “marketing effectiveness” on a continual basis, help determine the potential of advertising and marketing communications and allow to use of best practices to utilize untapped audience. In order to make marketers make effective strategies and identify why the target market is not giving attention, we ensure the Study is Segmented with appropriate marketing & sales channels to identify potential market size by value & Volume* (if Applicable).
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The segments and sub-section of mHealth market is shown below:
By Type: mHealth Devices and mHealth Services
By Stakeholders: Mobile Operators, Device Vendors, Healthcare Providers, and Content Players
By Application: Cardiovascular Diseases, Diabetes, Respiratory diseases, Neurological Disorders, and Others
Some of the key players involved in the Market are: Bayer Healthcare, Boston Scientific Corporation, Dexcom, Johnson & Johnson, Koninklijke Philips, Masimo Corporation, Medtronic, Omron Corporation, Samsung Group, Sanofi.
Important years considered in the mHealth study:
Historical year – 2017-2021; Base year – 2021; Forecast period** – 2022 to 2030 [** unless otherwise stated]
If opting for the Global version of mHealth Market; then below country analysis would be included:
– North America (USA, Canada and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)
– South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)
– Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Introduction about mHealth Market
mHealth Market Size (Sales) Market Share by Type (Product Category)
mHealth Market by Application/End Users
mHealth Sales (Volume) and Market Share Comparison by Applications
Global mHealth Sales and Growth Rate (2020-2030)
mHealth Competition by Players/Suppliers, Region, Type, and Application
mHealth (Volume, Value, and Sales Price) table defined for each geographic region defined.
mHealth Players/Suppliers Profiles and Sales Data
Key Raw Materials Analysis & Price Trends
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
……..and view more in complete table of Contents
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