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21-Jun-2019

mhealth With An Exponential CAGR Of 31.0% And Market Is Expected To Grow Significantly USD 135.3 Billion By 2024

Global mHealth Market is expected to grow significantly from USD 20.5 billion in 2017 to USD 135.3 billion in 2024, at an exponential CAGR of 31.0% from 2018 to 2024.

The global mHealth market studies the overall dynamics and trends of the market in terms of various segments and regional outlook for the period of 2018 to 2024. The report offers of historic and future market scenario in terms of market value, share and critical developments taking place in the industry. Market size, forecast, trends of each country and region are studied in the report for the focus period of 2018 to 2024.

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Qualitative assessment tools such as PEST analysis, cost structure analysis and regulatory compliance for pharmaceutical products are offered in the report. The report also comprises Pipeline Analysis which helps understand the comprehensive forecast scenario of the market in terms of value and dynamics. The report analyses the recent drug approval trends and market dynamics such as drivers, restrains, and opportunities, industry trends and future outlook in the global mHealth market.

The report represents key players operating in the market along with its competitive landscape. The competitive landscape includes player positioning analysis, competitive matrix and market share analysis of the key players operating in the industry. The market attractive index highlights the most lucrative regional market to invest in the market.

The market is studied for regions such as North America (U.S., and Canada), Europe (U.K., Germany, France, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East amp; Africa (GCC, South Africa, and Rest of Middle East amp; Africa).

Key Takeaways:

What is the market size in 2018 and the growth rate of the global mHealth market?

What is the market drivers, restrains, opportunities governing the global mHealth market?

Which are the largest and the fastest growing segments in the global mHealth market?

Who are the key players operating in the market and their market position?

What is the pipeline scenario, drug pricing analysis and technological development in the market?

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Factors driving the growth of the market are; increasing incidence of lifestyle-related diseases, growing penetration of smartphones and tablets, and rising government initiatives. Moreover, advancements in mobile technologies and applications, increasing investment in healthcare technology, growing demand for remote patient monitoring, and growing adoption of mHealth products in various healthcare centers are further propelling the market growth.

The years used for the assessment are as follows;

Historical year:2014, 2015, and 2016
Base year:2017
Forecast period:2018 ndash; 2024

RESEARCH METHODOLOGY

The research and analysis is based on the data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

Obtaining historical data of the market based on news, articles, publications, government websites, annual reports, press releases, white papers, surveys, investor presentation of companies, and other secondary sources
Interacting with key opinion leaders of the market and developing data points based on interaction with them
Study of past trends in the market and their year on year Impact on the market size and share
Analyzing the collected data points
Bridging the data points to calculate the total global mHealth market and its various segments
Anticipating potential risks
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global mHealth market
Finalizing the overall size and share of the global mHealth market

OBJECTIVES:

To analyze market trends, opportunities, drivers, and restraints associated with the global mHealth market
To study market response with respect to the mergers and acquisitions in the industry
To profile key companies operating in the mHealth market and provide their competitive landscape

MARKET SCOPE

The research scope for global mHealth market is as follows:

By Device

Blood Pressure Monitors
Neurological Monitoring
Blood Glucose Meter
Pulse Oximetry
Wearable Fitness Sensor Device
Cardiac Monitors
Apnea and Sleep Monitors
Others

By Service

Diagnostic Services
Monitoring Services
Remote monitoring
Fitness and wellness services
Treatment services
Prevention
Others

By mHealth Apps

Medical Apps
Personal Health Record (PHR) Apps
Chronic Care Management Apps
Medication Management
Womenrsquo;s Health Apps
Fitness Apps
Others

By Application

Medication Adherence
Central Nervous System Disease
Musculoskeletal Diseases
Cardiovascular Diseases
Smoking Cessation
Respiratory Diseases
Fitness amp; Wellness
Diabetes
Others

By Stake Holder

Application Players
Mobile Operators
Healthcare Providers
Others

By Geography

North America
Europe
Asia-Pacific
Central amp; South America
Middle East and Africa

FREE ANALYSIS

mHealth plays an important role in healthcare sector by enhancing the communication between patients, and the provider. The mHealth apps are able to facilitate information and improve communication between healthcare provider and patients. Approximately, 85% of the world population have access to 3G network coverage, while half of the population reside in the areas where 4G network Infrastructure is available.

Geographically, the global mHealth market is segmented into North America, Europe, Asia-Pacific, Central amp; South America, and Middle East and Africa. North America held the major share of the global market owing to technological advancements in Healthcare IT sector, and high penetration of smartphones and tablets in the region. The growth of mHealth market in Europe is primarily attributed to the growing adoption of mHealth apps, robust growth of digitalization, and rising health expenditure. Moreover, favorable government policies and growing investments in digital health is also expected to drive the market growth in the region. Asia-Pacific is expected to witness the highest CAGR during 2018-2024, due to increasing incidence of lifestyle-related diseases such as diabetes and hypertension, and growing development in mobile cellular networks in the region.

Some of the key companies operating in the market include GlaxoSmithKline plc., Johnson amp; Johnson, Apple Inc., Novartis AG, Proteus Digital Health, Inc., AstraZeneca, Firstbeat Technologies Ltd., Dexcom, Inc., WellDoc, Inc, Pear Therapeutics, Inc., Virta Health Corp, Digital Therapeutics Alliance, Livongo Health, Philips Healthcare, Tactio Health Group, and Omron Healthcare, Inc. among others.

Few Significant from Table Of Contents

Global mHealth Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation amp; Forecast 2024

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope amp; assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Global mHealth- Market Snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global mHealth market

3.4. Market opportunities amp; trends

3.4.1. Advancement in mobile technologies and applications

3.4.2. Increasing incidence of lifestyle-related diseases

3.5. Market driver analysis

3.5.1. Growing penetration of smartphones and tablets

3.5.2. Increasing demand for remote patient monitoring

3.5.3. Rising government initiatives

3.5.4. Increased demand for personalized care

3.5.5. Growing adoption of mHealth products in various healthcare centers

3.5.6. Growing development in healthcare IT sector

3.6. Market restraint analysis

3.6.1. Security and privacy issues

3.6.2. Lack of awareness among people

3.7. Industry Analysis-Porters five forces of analysis

CHAPTER 4. Competitive Outlook

4.1. Company share analysis

4.2. Competitive factors

4.3. Strategies adopted

CHAPTER 5. Global mHealth Market Size and Forecast (2014 ndash; 2024)

5.1. Global mHealth Market, By Device (USD Billion)

5.1.1. Blood Pressure Monitors

5.1.2. Neurological Monitoring

5.1.3. Blood Glucose Meter

5.1.4. Pulse Oximetry

5.1.5. Wearable Fitness Sensor Device

5.1.6. Cardiac Monitors

5.1.7. Apnea and Sleep Monitors

5.1.8. Others

5.2. Global mHealth Market, By Service (USD Billion)

5.2.1. Diagnostic Services

5.2.2. Monitoring Services

5.2.3. Remote monitoring

5.2.4. Fitness and wellness services

5.2.5. Treatment services

5.2.6. Prevention

5.2.7. Others

5.3. Global mHealth Market, By mHealth Apps (USD Billion)

5.3.1. Medical Apps

5.3.2. Personal Health Record (PHR) Apps

5.3.3. Chronic Care Management Apps

5.3.4. Medication Management

5.3.5. Womenrsquo;s Health Apps

5.3.6. Fitness Apps

5.3.7. Others

5.4. Global mHealth Market, By Application (USD Billion)

5.4.1. Medication Adherence

5.4.2. Central Nervous System Disease

5.4.3. Musculoskeletal Diseases

5.4.4. Cardiovascular Diseases

5.4.5. Smoking Cessation

5.4.6. Respiratory Diseases

5.4.7. Fitness amp; Wellness

5.4.8. Diabetes

5.4.9. Others

5.5. Global mHealth Market, By Stake Holder (USD Billion)

5.5.1. Application Players

5.5.2. Mobile Operators

5.5.3. Healthcare Providers

5.5.4. Others

CHAPTER 6. Global mHealth Market, By Geography

6.1. North America mHealth Market

6.1.1. North America mHealth Market, By Device (USD Billion)

6.1.2. North America mHealth Market, By Service (USD Billion)

6.1.3. North America mHealth Market, By mHealth Apps (USD Billion)

6.1.4. North America mHealth Market, By Application (USD Billion)

6.1.5. North America mHealth Market, By Stake Holder (USD Billion)

6.1.6. North America mHealth Market, By Country

6.1.6.1. United States

6.1.6.2. Canada

6.1.6.3. Mexico

6.2. Europe mHealth Market

6.2.1. Europe mHealth Market, By Device (USD Billion)

6.2.2. Europe mHealth Market, By Service (USD Billion)

6.2.3. Europe mHealth Market, By mHealth Apps (USD Billion)

6.2.4. Europe mHealth Market, By Application (USD Billion)

6.2.5. Europe mHealth Market, By Stake Holder (USD Billion)

6.2.6. Europe mHealth Market, By Country

6.2.6.1. United Kingdom

6.2.6.2. France

6.2.6.3. Germany

6.2.6.4. Spain

6.2.6.5. Netherlands

6.2.6.6. Russia

6.2.6.7. Rest of Europe

6.3. Asia-Pacific mHealth Market

6.3.1. Asia-Pacific mHealth Market, By Device (USD Billion)

6.3.2. Asia-Pacific mHealth Market, By Service (USD Billion)

6.3.3. Asia-Pacific mHealth Market, By mHealth Apps (USD Billion)

6.3.4. Asia-Pacific mHealth Market, By Application (USD Billion)

6.3.5. Asia-Pacific mHealth Market, By Stake Holder (USD Billion)

6.3.6. Asia-Pacific mHealth Market, By Country

6.3.6.1. Japan

6.3.6.2. China

6.3.6.3. India

6.3.6.4. Singapore

6.3.6.5. Australia

6.3.6.6. Rest of Asia-Pacific

6.4. Central amp; South America mHealth Market

6.4.1. Central amp; South America mHealth Market, By Device (USD Billion)

6.4.2. Central amp; South America mHealth Market, By Service (USD Billion)

6.4.3. Central amp; South America mHealth Market, By mHealth Apps (USD Billion)

6.4.4. Central amp; South America mHealth Market, By Application (USD Billion)

6.4.5. Central amp; South America mHealth Market, By Stake Holder (USD Billion)

6.4.6. Central amp; South America mHealth Market, By Country

6.4.6.1. Brazil

6.4.6.2. Argentina

6.4.6.3. Rest of Central amp; South America

6.5. Middle East and Africa MHealth Market

6.5.1. Middle East and Africa mHealth Market, By Device (USD Billion)

6.5.2. Middle East and Africa mHealth Market, By Service (USD Billion)

6.5.3. Middle East and Africa mHealth Market, By mHealth Apps (USD Billion)

6.5.4. Middle East and Africa mHealth Market, By Application (USD Billion)

6.5.5. Middle East and Africa mHealth Market, By Stake Holder (USD Billion)

6.5.6. Middle East and Africa mHealth Market, By Region

6.5.6.1. Saudi Arabia

6.5.6.2. South Africa

6.5.6.3. Israel

6.5.6.4. Rest of Middle East and Africa

CHAPTER 7. Key Players and Strategic Developments

7.1. GlaxoSmithKline plc.

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Johnson amp; Johnson

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Apple Inc.

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Novartis AG

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Proteus Digital Health, Inc.

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. AstraZeneca

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Firstbeat Technologies Ltd.

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Dexcom, Inc.

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. WellDoc, Inc.

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. Pear Therapeutics, Inc.

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

7.11. Virta Health Corp

7.11.1. Business Overview

7.11.2. Product and Service Offering

7.11.3. Financial Overview

7.11.4. Strategic Developments

7.12. Digital Therapeutics Alliance

7.12.1. Business Overview

7.12.2. Product and Service Offering

7.12.3. Financial Overview

7.12.4. Strategic Developments

7.13. Livongo Health

7.13.1. Business Overview

7.13.2. Product and Service Offering

7.13.3. Financial Overview

7.13.4. Strategic Developments

7.14. Philips Healthcare

7.14.1. Business Overview

7.14.2. Product and Service Offering

7.14.3. Financial Overview

7.14.4. Strategic Developments

7.15. Tactio Health Group

7.15.1. Business Overview

7.15.2. Product and Service Offering

7.15.3. Financial Overview

7.15.4. Strategic Developments

7.16. Omron Healthcare, Inc.

7.16.1. Business Overview

7.16.2. Product and Service Offering

7.16.3. Financial Overview

7.16.4. Strategic Developments

7.17. Abbreviation

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Last Updated: 21-Jun-2019