mHealth Solutions Market - Forecast(2024 - 2030)

Report Code: HCR 0504 Report Format: PDF + Excel

mHealth Solutions Market Overview

mHealth Solutions Market size is estimated to reach $264.2 billion by 2026, growing at a CAGR of 31.5% during the forecast period 2021-2026. The “mHealth Solution” offers healthcare firms a mobile app for patients and/or providers/staff to access. Patients always look for better quality when it comes to handling their healthcare and pursue care from companies that offer self-service instruments by way of these “mHealth Solutions”. Telemedicine is the routine of tending to patients remotely when the provider and patient are not physically present with one other. mHealth and telemedicine are connected, in that both areas include the application of technology to offer health care services to individuals, in settings other than the conventional doctor’s office. While in the case of mHealth, mobiles are utilized as a vehicle to assist care between patients and physicians, so that healthcare services may be delivered, and sometimes, consultations between the two parties can happen, telemedicine does not essentially include the utilization of mobile devices for consultation and healthcare delivery, although smartphones, tablets, and laptops may definitely be included at the time of telemedicine sessions. Remote patient monitoring (RPM) utilizes digital technologies to accumulate medical and other kinds of health data from individuals in one location and electronically transmit that information safely to health care providers in a different location for evaluation and endorsements. Ready Access to Medical Assistance Remote Patient Monitoring (RPM) Software Solutions assist patients in associating with healthcare providers from the comfort of their residences without journeying to the healthcare facility. Vital signs monitoring devices are the different medical machinery utilized for supervising the vital signs of a patient. These are inclusive of blood pressure monitoring devices, pulse oximeters, and temperature monitoring devices that are utilized for examining different vital signs, like blood pressure, body temperature, pulse rate, and respiratory rate. The vital signs monitoring devices may be connected to mHealth Solutions. Mobile health (mhealth) is therefore a proliferating field in the digital health sector offering healthcare backing, delivery, and intervention by way of mobile technologies like smartphones, tablets, and wearables. The burgeoning population in conjunction with the proliferating acceptance of smartphones and tablets loaded with healthcare apps is propelling the growth of the mHealth Solutions Market. The expanding predominance of incessant ailments is set to propel the growth of the mHealth Solutions Market during the forecast period 2021-2026. This represents the mHealth Solutions Market Industry Outlook.

mHealth Solutions Market Report Coverage

The report: mHealth Solutions Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the mHealth Solutions Market.

By Connected Devices: Vital Signs Monitoring Devices (Blood Pressure Monitors, Blood Glucose Meters, ECG/Heart Rate Monitors, Pulse Oximeters), Peak Flowmeters, Multiparameter Trackers, Sleep Apnea Monitors, Neurological Monitoring Devices, Others.
By Services: Monitoring Services (Remote Patient Monitoring Devices, Medical Call Centers Manned By Healthcare Professionals, Telecommunication, Post-Acute Care Services), Diagnostic Services, Wellness, and Fitness Solutions, Others.
By Apps: Healthcare Apps, Obesity & Weight Management Apps, Fitness & Nutrition Apps, Chronic Care Management Apps, Women’s Health Apps, Others
By Participants: Mobile Operators, Device Vendors, Content Players, Healthcare Providers, Others.
By Geography: North America (U.S, Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Rest of South America) and Rest Of The World (Middle East, Africa).

Key Takeaways

  • Geographically, North America mHealth Solutions Market accounted for the highest revenue share in 2020 and it is poised to dominate the market over the period 2021-2026 owing to the rise of mobile health applications installed on smartphones that assist communities to be effective in personal health management and the presence of key players like AT&T in the North American region.
  • mHealth Solutions Market growth is being driven by the Coronavirus (COVID-19) pandemic owing to which mobile health has come to the rescue to prevent the proliferation of infection any further and to safeguard the health of frontline workers and patients in an undifferentiated manner. However, the reduced acceptance of the internet in some developing economies and regions like Sub-Saharan Africa which has a lesser internet penetration than any other geographical region in the globe is one of the major factors hampering the growth of mHealth Solutions Market. 
  • mHealth Solutions Market Detailed Analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the mHealth Solutions Market report. 

mHealth Solutions Market: Market Share (%) by Region, 2020

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mHealth Solutions Market Segment Analysis – By Services:

The mHealth Solutions Market based on services can be further segmented into Monitoring Services, Diagnostic Services, Wellness, and Fitness Solutions, and Others. The Monitoring Services Segment held the largest market share in 2020. This growth is owing to the increased utilization of remote patient monitoring services, especially in a period of global lockdowns and stay-at-home restrictions in the wake of the coronavirus (COVID-19) pandemic. Through Zimmer’s novel my mobility app, available on the Apple Watch, providers can associate with patients for care coordination before surgery, then send everyday surveys and physical rehabilitation and medication reminders following surgery. Patients in turn can communicate with their care teams and send everyday health and activity information, which is then used to build or alter care plans. These kinds of mobile health innovations are driving the growth of this segment.

Furthermore, the Diagnostic Services segment is estimated to grow with the fastest CAGR of 35.1% during the forecast period 2021-2026 owing to the increased utilization of high-quality laboratory tests, diagnostic imaging processes, and non-intrusive cardiac tests.

mHealth Solutions Market Segment Analysis – By Apps:

The mHealth Solutions Market based on apps can be further segmented into Healthcare Apps, Obesity & Weight Management Apps, Fitness & Nutrition Apps, Chronic Care Management Apps, Women’s Health Apps, and Others. The HealthCare Apps Segment held the largest market share in 2020. This growth is owing to the increased inclination of mobile health app users towards good health amidst the ongoing Coronavirus (COVID-19) pandemic. As per mHealth App Statistics, there are over 44,000 healthcare apps in the App Store only and 54% of patients have demonstrated an inclination to opt for a more dramatic shift from regular office appointments to mobile interactions. These figures are driving the growth of this segment.

Furthermore, the Obesity & Weight Management Apps segment is estimated to grow with the fastest CAGR of 34.8% during the forecast period 2021-2026 owing to the increased cases of obesity worldwide. As per World Health Organization (WHO), global obesity has almost tripled since 1975. This increasing predominance of global obesity is driving the growth of the Obesity & Weight Management Apps segment during the forecast period 2021-2026.

mHealth Solutions Market Segment Analysis – By Geography:

The mHealth Solutions Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America (mHealth Solutions Market) held the largest share with 35% of the overall market in 2020. The growth of this region is owing to the increasing predominance of chronic ailments like cardiovascular ailments amidst the Coronavirus (COVID-19) pandemic in the region resulting in increased utilization of remote patient monitoring in conjunction with the mhealth (mobile health) app.

Furthermore, the Asia-Pacific region is estimated to be the region with the fastest CAGR rate over the forecast period 2021-2026. This growth is owing to factors like increased utilization of smartphones by an enormous population in countries like India and China and the technological advancement in conjunction with the government support for mHealth (mobile health) in the Asia-Pacific region.

mHealth Solutions Market Drivers

Breakthroughs In Remote Patient Monitoring And Connected Health By Application Of mHealth (Mobile Health) Wearables Is Projected To Drive The Growth Of mHealth Solutions Market:


Researchers at the University of California San Diego (UC San Diego) have built a mHealth (mobile health) wearable that utilizes a patch to supervise cardiovascular signs and numerous biomarkers concurrently, indicating a breakthrough in remote patient monitoring and connected health. As per World Health Organization (WHO), approximately 17.9 million people lost their lives from CVDs in 2019, depicting 32% of all demises worldwide and of these demises, 85% were owing to heart attacks and strokes. Mobile health wearable innovations like the one developed by the researchers at the University of California San Diego are truly breakthroughs considering the associated statistics maintained by WHO. These kinds of mobile health breakthroughs are fueling the demand for the mHealth Solutions Market during the forecast period 2021-2026.

Wearable Trends in Mobile Health (mHealth Apps) Are Boosting Surgery Effectiveness And Are Projected To Drive The Growth Of mHealth Solutions Market:

Carrying out surgery on the human body involves a complex technique. However, presently, the combination of wearables is assisting surgeons to carry out even the most complex surgeries with accuracy. While formerly the approach to surgery was an “Open” approach, presently, thanks to wearable and mobile health (mHealth) technology, the surgeons can utilize the minimally intrusive techniques of accomplishing surgery. They can avoid a lot of blood loss in this manner in conjunction with reduced recovery time for the patients and lesser possibilities of infections Ranging from the building of robotic wearable arms for surgeries to the simple application of Google Glasses, the wearable technology in mHealth apps are definitely shaping the otherwise complicated world of surgeries into a simpler world, with a lot more effortless navigation. The wearable trend in mobile health (mHealth Apps) is driving the growth of the mHealth Solutions Market during the forecast period 2021-2026.

mHealth Solutions Market Challenges

Usability Is Challenging The mHealth (Mobile Health) Solutions Market:

Design enhancements in mobiles may require contemplation on mHealth (mobile health) usability challenges. These challenges can be as simple as the size of the cell phone screen, the font size or type on that screen, or the efficiency of a person to utilize cell phones for more than phone calls. ISO 9241 defines usability as “the effectiveness, efficiency, and satisfaction with which a specified user can achieve the specified goals of a particular environment”. The following major constituents of usability as recognized by Nielsen: (I) learnability; (II) efficiency; (III) memorability; (IV) low error rate, and (V) satisfaction. The “beauty of simplicity” as indicated by one of the essential factors towards a user-centered design is to keep it simple, as explained by Karvonen. For example, if a user has to browse through ten different hyperlinks to explore critical information that is three links deep, the design may not be regarded as user-centric. Information that is essential for the user must be readily accessible without needing too much effort. Therefore, practicing the principle of simplicity is important for mHealth applications, and this is a crucial challenge that requires to be overcome. 

mHealth Solutions Industry Outlook

Product Launches, mergers & acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the mHealth Solutions Market. Key companies of this market include:

  1. Medtronic plc
  2. Philips Healthcare
  3. Koninklijke Philips N.V.
  4. Omron Corporation
  5. Cerner Corporation
  6. AirStrip Technologies
  7. Agamatrix Inc.
  8. AT&T
  9. Cisco
  10. Johnson & Johnson

Acquisitions/Product Launches:

  • In September 2021, OMRON Corporation indicated that it will commence providing "Sysmac Studio 3D Simulation" worldwide on October 4, simulation software that can digitally clone the complete facility by applying the “Robotic Integrated Controller*2,” which was introduced last July, and can effortlessly validate its operation with the same precision as the truly existing machine.
  • In August 2021, OMRON Corporation declared that on August 5 it will introduce worldwide the PCB inspection system "VT-S10 Series," which is characterized by an industry-first imaging procedure and AI to automatize the high-accuracy inspection procedure for electronic substrates, thus removing the requirement for expert skills.

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1. mHealth Solutions Market - Overview
    1.1 Definitions and Scope
2. mHealth Solutions Market - Executive Summary
    2.1 Market Revenue, Market Size, and Key Trends
    2.2 Key trends by Services
    2.3 Key Trends by Apps
    2.4 Key trends by Geography
3. mHealth Solutions Market - Comparative Analysis
    3.1 Company Benchmarking – Key Companies
    3.2 Financial Analysis– Key Companies
    3.3 Market Share Analysis– Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis- Average Selling Price
4. mHealth Solutions Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. mHealth Solutions Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New and Ease of Doing Business Index
    5.3 Case Studies of Successful Ventures Business
6. mHealth Solutions Market - Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. mHealth Solutions Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. mHealth Solutions Market – By Connected Devices (Market Size –$Million/$Billion)
    8.1 Vital Signs Monitoring Devices
        8.1.1. Blood Pressure Monitors
        8.1.2. Blood Glucose Meters
        8.1.3. ECG/Heart Rate Monitors
        8.1.4. Pulse Oximeters
    8.2 Peak Flowmeters
    8.3 Multiparameter Trackers
    8.4 Sleep Apnea Monitors
    8.5 Neurological Monitoring Devices
    8.6 Others
9. mHealth Solutions Market – By Services (Market Size –$Million/$Billion)
    9.1 Monitoring Services
        9.1.1. Remote Patient Monitoring Devices
        9.1.2. Medical Call Centers Manned By Healthcare Professionals
        9.1.3. Teleconsultation
        9.1.4. Post-Acute Care Services
    9.2 Diagnostic Services
    9.3 Wellness and Fitness Solutions
    9.4 Others
10. mHealth Solutions Market – By Apps (Market Size –$Million/$Billion)
    10.1 Healthcare Apps
    10.2 Obesity & Weight Management Apps
    10.3 Fitness & Nutrition Apps
    10.4 Chronic Care Management Apps
    10.5 Women’s Health Apps
    10.6 Others
11. mHealth Solutions Market – By Participants (Market Size –$Million/$Billion)
    11.1 Mobile Operators
    11.2 Device Vendors
    11.3 Content Players
    11.4 Healthcare Providers
    11.5 Others
12. mHealth Solutions Market - By Geography (Market Size –$Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 U.K.
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Russia
        12.2.7 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 India
        12.3.3 Japan
        12.3.4 South Korea
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Rest of South America
    12.5 Rest of the World
        12.5.1 Middle East
        12.5.2 Africa
13. mHealth Solutions Market - Entropy
14. mHealth Solutions Market – Industry/Segment Competition Landscape Premium 
    14.1 Market Share Analysis
        14.1.1 Global Market Share – Key Companies
        14.1.2 Market Share by Region – Key companies
        14.1.3 Market Share by Countries – Key Companies
        14.1.4 Competition Matrix
        14.1.5 Best Practices for Companies
15. mHealth Solutions Market – Key Company List by Country Premium Premium
16. mHealth Solutions Market Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
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