Product ID: SQMIG35G2235
Global mHealth Market Size, Share, Growth Analysis, By Product(Wearables and mHealth apps), By Service(Remote monitoring service, diagnostic service), By Participants(Mobile operators, device vendors) - Industry Forecast 2024-2031
Report ID:
SQMIG35G2235 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
92 |
Figures:
76
Global mHealth Market Insights
mHealth Market size was valued at USD 51.8 billion in 2019 and is poised to grow from USD 56.8 billion in 2023 to USD 130.6 billion by 2031, growing at a CAGR of 10.8% in the forecast period (2024-2031).
The use of mobile and wireless communication technologies to improve health care delivery, outcomes, and research is known as mobile health or mHealth. With the rise in smartphone usage worldwide, it is positioned to play a key role in patient self-care. Due to developments in smartphone software and hardware, as well as the increasing availability of wearable devices, the health app market has grown at an exponential rate. Clinical practices must adapt to mHealth and the medical community's evidence that mHealth is safe and effective. Its convenience is one of its primary benefits for users. Wearable devices and other mobile technologies enable users to monitor and control their health data in real time. Patients can use this to contact with their doctors or the care team without needing to meet in person, which can help bridge care gaps. It also allows healthcare providers to share patient information with one another, such as alerting a nurse when a patient arrives for an appointment. Some mobile health apps, such as Apple Health, can connect to a patient's electronic health record, allowing users to view health data on their iPhone or iPad.
The use of mobile devices by healthcare workers has an impact on many elements of clinical practices. As mobile devices become increasingly common in healthcare settings, the number of medical software applications (apps) accessible is likely to increase significantly. Apps help in the administration of information and time, maintenance and access to health records, communication and consultation, reference and information gathering, patient monitoring and control, clinical decision-making, and medical education and training. Mobile devices and apps help healthcare providers in a variety of ways, including clinical decision-making and patient outcomes. The goal of mobile health is to empower individuals by delivering health information for optimal illness management, extending access throughout the system, including clinics and hospitals, improving outcomes with better decision-making, and lowering costs. Worldwide investments in health start-ups are increasing, driving revenue growth in the global mobile health market.
US mHealth Market is poised to grow at a sustainable CAGR for the next forecast year.
Global mHealth Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
