Global mHealth Apps Market Size study, by Product Type (Medical Apps (Women’s Health Apps, Personal Health Record Apps, Medication Management Apps, Diagnostic Apps, Remote Monitoring Apps, Disease Management Apps, and Other Medical App), Fitness Apps (Diet & Nutrition, Exercise and Fitness, Lifestyle & Stress’)) and Regional Forecasts 2022-2028
Global mHealth Apps Market is valued at approximately USD 37.41 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 16.50 % over the forecast period 2022-2028. mHealth Apps provide opportunities for online consultations, record health-related data, manage chronic conditions, monitor health, and many other facilities via smartphones. As the situation evolves amid the COVID-19 outbreak, consumers prefer to know about health as a routine to ensure being safe. With increasing means of approach to mobile technology such as smartwatches and smartphones, the use and development of mHealth apps are increasing rapidly. To align with ever-evolving trends innovation is becoming increasingly important. mHealth Apps provides the greatest benefits when connected to smartwatches. Players are investing in promotional activities to increase awareness regarding mHealth Apps benefits. Growing focus on the health of the geriatric population is expected to push sales of mHealth apps in the Market over the forecast period 2022-2028. The mHealth Market is also fueled by strategies, collaborations, and acquisitions followed by Market players. For instance, In November 2021, Accerelon Pharma was acquired by Merk & Co. to gain rights over Accerelon lead therapy candidates. To meet the need of the consumers, the Market players are continuously focusing to develop cost-effective mHealth Apps. Data breach concerns may curb the Market growth of mHealth Apps.
The key regions considered for the Global mHealth Apps Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Amid the pandemic, a significant demand for mHealth Apps is witnessed across all the regions. The increasing use of apps for heart rate monitoring, fitness tracking makes the Asia Pacific region to be the Market leader of the mHealth Apps Market during the forecast period. Growing quality health applications and adopting them in routine life is likely to boost the U.S. Market over the forecast period. mHealth Market is projected to grow with a CAGR of 16.50% in emerging countries.
Major Market players included in this report are:
Airstrip technologies
AstraZeneca PLC
Abbott laboratories
Bristol-Myers Squibb Company
Pfizer Inc
Allscripts
AT&T
Apple Inc
Sanofi
Johnson and Johnson
The objective of the study is to define Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Market. Additionally, the report shall also incorporate available opportunities in micro Markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the Market are explained below:
By Product Type:
Medical Apps
Women’s Health Apps
Personal Health Record Apps
Medication Management Apps
Diagnostic Apps
Remote Monitoring Apps
Disease Management Apps
Other Medical App
Fitness Apps
Diet & Nutrition
Exercise and Fitness
Lifestyle & Stress
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global mHealth Apps Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Airstrip technologies
AstraZeneca PLC
Abbott laboratories
Bristol-Myers Squibb Company
Pfizer Inc
Allscripts
AT&T
Apple Inc
Sanofi
Johnson and Johnson
Please note:The single user license is non-downloadable and non-printable. Global Site license will allow these actions.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook