Mhealth Market is anticipated to reach US$ 419.56 Bn. by 2029 from US$ 66.14 Bn. in 2022 at a CAGR of 30.20% during a forecast period.
Mhealth Market Overview:
An extensive analysis of the Mhealth Market by component, application, industry, and geography is what this study aims to do. The paper includes thorough details on the key elements impacting the development of the Mhealth industry. The value chain of the market is also thoroughly examined in the study.
Mhealth Market Scope:
The first step in the research process used to evaluate and forecast the Mhealth market is to collect revenue information from important suppliers utilizing secondary research sources. Vendor offerings are taken into account while developing market segmentation. The income of significant firms was used to estimate the size of the overall Mhealth market using the bottom-up approach.
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Mhealth Market Dynamics:
Market Drivers
The mHealth market is growing as a result of the usage of wireless and mobile technology to make it easier to attain health goals. A few examples include the quick development of wireless applications and technology, the explosion of new ways to incorporate mobile health into eHealth services, and the ongoing expansion of mobile cellular network coverage. Over 5 billion wireless subscribers are already using these services, with over 70% of them living in low- and middle-income nations, according to the International Telecommunication Union (ITU).
Mhealth Market Segmentation:
by Device
Blood Glucose Meter
BP Monitors
Pulse Oximetry
Neurological Monitors
Cardiac Monitors
Apnea & Sleep Monitors
Wearable Fitness Sensor Device & Heart Rate Meters
Others
by Services
Remote Monitoring Services
Diagnosis Services
Treatment Services
Health Support Services
Fitness & Wellness Services
Others
by End-Use Industry
Mobile Operators
Devices Vendors
Health Providers
Others
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Mhealth Market Key Players: The key players are
1. LifeWatch
2. KONINKLIJKE PHILIPS N.V.
3. Medtronic
4. Boston Scientific Corporation
5. Athenahealth, Inc.
6. Honeywell Life Care Solutions
7. Cisco Systems, Inc.
8. OMRON Corporation
9. Masimo
10. AgaMatrix, Inc.
11. Johnson & Johnson
12. Samsung
13. Withings S.A
14. iHealth Labs, Inc.
15. Nike, Inc.
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Mhealth Market Regional Analysis:
Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.
COVID-19 Impact Analysis on Mhealth Market: The report also includes the detailed impact of COVID-19 on the Mhealth market.
Key Questions Answered in the Mhealth Market Report are:
- Which segment had the largest share in the Mhealth market?
- How is the competitive scenario of the Mhealth market in 2022?
- Which are the key drivers impacting the Mhealth market growth?
- Which region holds the maximum share in the Mhealth market?
- What will be the CAGR of the Mhealth market during the forecast period (2023-2029)?
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