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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global mHealth Market Size
The global mHealth market was valued at USD 70.2 billion in 2023, driven by the increasing technological advancement in healthcare across the globe. The market size is anticipated to grow at a CAGR of 18.86% during the forecast period of 2024-2032 to achieve a value of USD 329.1 billion by 2032.
mHealth Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 70.2 billion in 2023, driven by the increasing advancement.
The global mHealth market size is anticipated to grow at a CAGR of 18.9% during the forecast period of 2024-2032 and reach a market value of USD 329.1 billion by 2032.
The increasing prevalence of chronic diseases, growing healthcare expenditure, rising geriatric population, technological advancements, product launches, FDA approvals, and government initiatives are among the major factors aiding the market demand.
The increasing number of strategic collaborations between market players to provide the best technology to increase efficiency and convenience for its users in healthcare such as Medtronic plc partnering with Cosmo Intelligent Medical Devices is a major trend influencing the market growth.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
mHealth is available in the market as applications, services, and devices.
mHealth can find wide applications in medical conditions such as cardiovascular, diabetes, respiratory, and neurology, among others.
Stakeholders include mobile operators, device vendors, healthcare providers, and application and content players.
Key players involved in the market are Koninklijke Philips N.V., Abbott, Medtronic, Apple, Inc., AirStrip Technologies Inc., AliveCor India, Omron Corporation, BioTelemetry, a Philips Company, Athenahealth, Inc., AgaMatrix, Withings, iHealth Labs, Inc., Cerner Corporation, ZTE Corporation, Cisco Systems, Inc., Qualcomm Technologies, Inc., and AT&T Intellectual Property.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124