mHealth Apps Market Size to Reach USD 101,550 Million by 2026 at CAGR 18.4% | Valuates Reports
BANGALORE, India, March 15, 2021 /PRNewswire/ -- The mHealth Apps Market is Segmented Type (Fitness, Lifestyle Management, Nutrition & Diet, Women's Health, Medication Adherence, Healthcare Providers/Payers, Disease Management, Others), Application (Android, Apple, Others). The report covers global opportunity analysis and industry forecast from 2021 to 2026. It is published on Valuates Reports in the Software & Services Category.
The global mHealth Apps market size is projected to reach USD 101,550 Million by 2026, from USD 30,160 Million in 2019, at a CAGR of 18.4% during the forecast period 2021-2026.
Request a Sample Copy of the Report For COVID-19 Impact Analysis on mHealth Apps Market : https://reports.valuates.com/request/sample/QYRE-Othe-1T438/mHealth_Apps_Market
Major factors driving the growth of mHealth Apps Market size are:
- Growing adoption of smartphones with focus to improve treatment outcomes and lifestyle while minimizing the incidence of chronic diseases.
- Increasing utilization of connected devices and mHealth apps for the management of chronic diseases
- Rising focus on cost containment in healthcare delivery
- Increasing demand for home healthcare services
- Rising focus on patient-centric healthcare delivery
View Report Details Before Purchasing: https://reports.valuates.com/market-reports/QYRE-Othe-1T438/mhealth-apps
TRENDS INFLUENCING THE MHEALTH APPS MARKET
The increasing prevalence of chronic diseases is expected to drive the growth of mHealth Apps market size. Chronic diseases such as respiratory ailments, cardiac conditions, diabetes, and hypertension require continuous monitoring or regular checkups with medical professionals. mHealth applications play a critical role by providing regular medication reminders to patients, allowing them to control their health routine. Such advantages associated with mhealth apps would drive market growth during the forecast period.
mHealth apps offer various features for keeping records of health-related data. The increasing adoption of mHealth applications due to their benefits in improving patient lifestyle and thereby preventing the occurrence of chronic diseases is expected to increase the growth of the mhealth market size. Furthermore, the recent COVID-19 outbreak has further increased the adoption of mhealth apps.
The use of modern technology in mhealth apps is expected to fuel the growth of mHealth Apps market size. Countries are working on a variety of other cutting-edge innovations to improve the functionality of mobile health apps.
However, concerns over data privacy and protection might hinder the growth of the mHealth Apps market size. Various governments are implementing strict restrictions on mHealth apps market participants in order to increase compliance, which is further expected to alter market dynamics in the coming years.
MHEALTH APPS MARKET SHARE ANALYSIS
The disease management segment is expected to grow rapidly during the forecast period.
The high rate of growth can be attributed to the rising prevalence of chronic diseases around the world. Another significant factor driving the market growth is technological advances in health apps that eliminate contact barriers between patients and doctors.
In terms of health apps, the Android has seen tremendous growth.
Because of the growing number of mHealth app companies investing in the Android platform, Android is expected to retain a dominant share over the forecast period.
North America is expected to hold the largest mHealth Apps market share during the forecast period.
Various factors, such as rapid growth in smartphone usage, changes in coverage networks, an increase in the prevalence of chronic diseases, and an increase in geriatric population, are driving North America's market growth. In addition, the rising demand for health and analytical solutions has led to increased acceptance of such applications by healthcare providers and others. Increasing cases of chronic conditions requiring remote monitoring and treatment are also boosting demand for mobile health platforms.
Inquire for Regional Report: https://reports.valuates.com/request/regional/QYRE-Othe-1T438/mHealth_Apps_Market
mHealth Apps Breakdown Data by Type
- Fitness
- Lifestyle Management
- Nutrition & Diet
- Women's Health
- Medication Adherence
- Healthcare Providers/Payers
- Disease Management
- Others
mHealth Apps Breakdown Data by Application
- Android
- Apple
- Others
The following players are covered in this report:
- Abbott Laboratories
- Johnson and Johnson
- AstraZeneca PLC
- F. Hoffmann-La Roche Ltd.
- Novartis AG
- Bristol-Myers Squibb Company
- GlaxoSmithKline plc
- Merck and Co., Inc.
- Pfizer, Inc.
- F. Hoffmann-La Roche Ltd.
- Novartis AG
"We can also add the other companies as you want"
Buy Now for Single User + Covid-19 Impact : https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Othe-1T438&lic=single-user
Buy Now for Enterprise License + Covid-19 Impact : https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Othe-1T438&lic=enterprise-license
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
SIMILAR REPORTS :
- The global eHealth market size is projected to reach USD 293940 Million by 2026, from USD 157820 Million in 2019, at a CAGR of 9.2% during 2021-2026.The growth of the market can be attributed to the increasing government initiatives supporting the use of eHealth solutions and services, high prevalence of chronic diseases, growing need to manage regulatory compliance through the use of eHealth solutions, need to curtail escalating healthcare costs, shift towards patient-centric healthcare delivery, shortage of healthcare professionals, and rising usage of big data.
- The global Healthcare IT market size was evaluated at USD 125 Billion in 2015, and is estimated to reach USD 297 Billion by 2022, with a CAGR of 13.2%.The global Healthcare IT Consulting market is driven by growing digitization in healthcare, rapidly changing HCIT landscape, government support for healthcare IT solutions, growing HCIT expenditure, lack of skilled IT professionals in the healthcare industry.
- The global Healthcare Mobility Solutions market size is projected to reach USD 47970 Million by 2026, from USD 40900 Million in 2020.North America accounted for a major share of the healthcare mobility solutions market, accounting for about ~55% of the global market, followed by Europe, Asia-Pacific, and the Rest of the World.
- Telehealth Market Size, Share, Trends, Growth, Industry Analysis, Forecast 2021 to 2026. The Report contains segmentation by Type (Web-based, Cloud-based, On-premise), By Application (Providers, Payers, Patients, Employer groups, Government bodies) and Regional Opportunity Analysis and Industry Forecast.
- The mHealth market accounted for USD 46.048 Billion in 2019, and is expected to reach USD 230.419 Billion by 2027, registering a CAGR of 22.3% from 2020 to 2027.
- The global online/virtual fitness market size was valued at USD 6,046 Million in 2019 and is projected to reach at USD 59,231 Million by 2027, growing at a CAGR of 33.1% from 2020 to 2027.
- The Global Fitness App Market size is expected to grow from USD 3,312.58 Million in 2019 to USD 13,016.77 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 25.61%.
- The global digital therapeutics market size was valued at $2.88 billion in 2019, and is expected to reach $13.80 billion by 2027 with a CAGR of 20.5% during the forecast period.
- Mental Health Software Market Size, Share, Trends, Growth, Industry Analysis, Forecast 2021 to 2026. The Report contains segmentation by Type (SaaS-based, On-premises), By Application (Hospitals and Clinics, Residential, Counselors and Psychologist, Other) and Regional Opportunity Analysis and Industry Forecast.
To see the full list of related reports on the mHealth Apps
ABOUT US:
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains detail research methodology employed to generate the report, Please also reach to our sales team to get the complete list of our data sources
CONTACT US:
Valuates Reports
[email protected]
For U.S. Toll-Free Call +1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp : +91 9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
Linkedin - https://in.linkedin.com/company/valuatesreports
Facebook - https://www.facebook.com/valuatesreports
SOURCE Valuates Reports
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article