Global mHealth Apps Market to Reach $639.6 Billion by 2030
The global market for mHealth Apps estimated at US$103.6 Billion in the year 2023, is expected to reach US$639.6 Billion by 2030, growing at a CAGR of 29.7% over the analysis period 2023-2030. Remote Health Monitoring App, one of the segments analyzed in the report, is expected to record a 27.6% CAGR and reach US$149 Billion by the end of the analysis period. Growth in the Disease Management App segment is estimated at 32.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $26.4 Billion, While China is Forecast to Grow at 36.8% CAGR
The mHealth Apps market in the U.S. is estimated at US$26.4 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$188.3 Billion by the year 2030 trailing a CAGR of 36.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.5% and 25.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 24.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$112.5 Billion by the year 2030.
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