Mobile Health Apps Market Report - Industry Size and Global Share 2021: Business Expansion Strategies, Growth Dynamics, Opportunities and Challenges Forecast to 2027
Global Mobile Health Apps Market is expected to reach the market valuation of US$ 315.4 billion by 2027 expanding at a reasonable CAGR of 44.4% during the forecast period (2021-2027) from US$ 16.8 billion in 2019. The monitoring and sharing of health information through technologies such as wearables and health tracking apps are known as mobile health and the use of applications to support technologies is known as mobile health applications.
The various factors driving the mobile
health application market include the rising prevalence of chronic diseases
such as cancer, heart disease, diabetes, kidney disease, and other diseases as
well. As per WHO, cancer is the second leading cause of death globally. About 1
in 6 deaths is due to cancer across the globe. Also, it is estimated that the 1,806,590
new cases of cancer to be diagnosed in the United States and 606,520 people would
die from the disease as revealed by the National Cancer Institute.
Download
Free Sample of this Report – https://univdatos.com/request_form/form/356
The healthcare facilities, healthcare application developer, and the
end-users are the three areas within the mobile healthcare application sector which
have been most interrupted amid COVID-19 crisis. The healthcare applications
downloads witnessed robust growth during the COVID-19 owing to the fear of got
impact by the virus, social distancing norms, and the government’s announcement
for the less visit to healthcare facilities. A mobile healthcare application, Maya saw
a surge in queries related to COVID-19. From February to March, there was a
2700% increase in the number of requests for support and information. Also,
seed or venture capital funding witnessed a sharp rise during the COVID period.
For instance: Siilo, a secure mobile healthcare company for medical
professionals, has received €9.5m in venture capital financing during the COVID
pandemic.
Based on the category, the market is
fragmented into disease and
treatment management, wellness management, and others. The wellness
management segment dominated the market in 2019 accounted for 62.6% and is
anticipated to maintain its dominance during the forecast period owing to the substantial
advances in applications, customized applications as per requirement, etc. Furthermore,
the disease and treatment management market are mainly bifurcated into the Healthcare
providers/insurance, medication reminder, women health/pregnancy, and disease-specific.
Request To Download Sample of this Strategic
Report - https://univdatos.com/request_form/form/356
Based on services,
the market is mainly fragmented into Monitoring Services, Fitness Solutions, Diagnostic
Services, Treatment Services, and Others (health practitioner support,
administration, prevention). The Monitoring
Services segment dominated the
market and accounted for 65% in 2019 and is anticipated to maintain its
dominance during the analyzed period. The surging trend for remote monitoring
owing to the benefit such as time and money-saving, quick access and easy
process is leading to the growth of the market
Mobile health
(mHealth) application holds the potential for
several mobile operating platform types such as Android, iOS, and Other. In
2019, the google play store segment dominated the
market and generated revenue of US$ 10.3 billion in 2019 owing to a surging in
the shipments of android smartphones owing to the launch and availability of
good phones at affordable prices. As per IDC, the shipments of the android
phone would reach 85.7% by 2024 as compared to 14.3% of iOS in the same
year.
The mobile
health applications run on two techniques which are AI-enabled and
Non-AI-enabled. The AI-enabled segment is expected to grow at the highest CAGR
of 51.2% during the forecast period owing to the benefit of such as better
practices, Quality assurance, Improved services, Reduced manual activities,
Controlled monitoring, Data capture and secured healthcare data, Risk
assessment, etc.
Request
for full report - https://univdatos.com/request_form/form/356
Additionally, the report provides detailed
initiatives that are being taken in the field of mobile health applications.
The market is classified into distinct regions including North
America (the U.S and Canada), Europe (Germany, France, Spain, Italy, and United
Kingdom), Asia-Pacific (China, Japan, India, Australia, and the Rest of APAC), and
Rest of the World. Europe dominated the market and generated revenue of US$ 5.2
billion in 2019 owing to the high prevalence rate of chronic
disease, adoption of smartphones, and increase in funding for R&D
activities related to the mhealth application.
AgaMatrixInc.,
AirStrip Technologies, Omron Corporation, Withings, Biotelemetry, Inc.,
Telefonica, AliveCor, Inc., Pfizer, Inc, Merck and Co., Inc, and Sanofi are some of the prominent players operating in the global mobile health
application market. Several M&A’s along with
partnerships have been undertaken by these players to develop m health application.
Global Mobile
Health (mHealth) Application Market Segmentation
Market Insight,
by Category
· Disease and Treatment
Management
o Healthcare
providers/Insurance
o Medication reminder
o Women health/pregnancy
o Disease-specific
· Wellness Management
o Fitness
o Lifestyle & Stress
o Diet & Nutrition
· Others
Market Insight,
by Services
·
Monitoring Services
·
Fitness Solutions
·
Diagnostic Services
·
Treatment Services
·
Others
Market Insight,
by Operating System Type
·
Google Play Store
·
Apple App Store
·
Others
Market Insight,
by Technology
·
AI-enabled
·
Non-AI enabled
Market Insight,
by Region
· North America
o United States
o Canada
o Rest of North America
· Europe
o France
o Germany
o Italy
o Spain
o United Kingdom
o Rest of Europe
· Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
· Rest of the World
Top Company Profiles
·
Airstrips Technologies
·
AgaMatrix, Inc.
·
Omron Corporation
·
Withings
·
Biotelemetry, Inc.
·
Telefonica
·
AliveCor, Inc.
·
Pfizer, Inc
·
Merck and Co., Inc.
·
Sanofi
About Us:
UnivDatos Market Insights (UMI), is a passionate market
research firm and a subsidiary of Universal Data Solutions. Rigorous secondary
and primary research on the market is our USP, hence information presented in
our reports is based on facts and realistic assumptions. We have worked with
200+ global clients, including some of the fortune 500 companies. Our clientele
praises us for quality of insights, In-depth analysis, custom research
abilities and detailed market segmentation.
Contact us:
UnivDatos Market Insights (UMI)
Email: sales@univdatos.com
Ph: +91 7838604911
Labels: Mobile Health Apps Market
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home