mHealth Solutions Market by Product & Services (Glucose & Blood Pressure Monitor, Pulse Oximeter, Peak Flow Meter), by mHealth Apps (Weight Loss, Women Health, Diabetes Management, Mental Health), by mHealth Services (Consultation, Remote Monitoring) – Global Analysis & Forecast, 2020 – 2027

Global mHealth Solutions Market is expected to grow at a CAGR of 33.1% from 2020 to 2027.Tracking personal health data on smartphones, tablets, and other connected devices, rising focus on patient-centric healthcare delivery, and increasing demand for home healthcare services are some of the major key factors driving the market globally.However, low guidance from physicians in selecting apps, and the lack of standards and regulations,may limit the market. Increasing lifestyle disorders and a rise in consumer awareness are the future opportunities for the market players.

The global mHealth solutions market is segmented by product & services, mHealth Apps, Medical Apps, and mHealth Services. The mHealth Apps segment is divided into healthcare appsand medication management apps. The medical apps segment is categorized as Medical Reference Apps, Continuing Medical Education Apps, Patient Management & Monitoring Apps, and Communication & Consulting Apps. By mHealth Services, the market is divided into Remote Monitoring Services, Diagnosis & Consultation Services, Treatment Services, Healthcare System Strengthening Services, Fitness, & Wellness Services, and Prevention Services.

North America, Europe, Asia-Pacific, andLAMEA are the geographical breakdowns of the market at the global level. North America dominated the global mHealth market in the year 2020 and estimated to continue its trend during the forecast period. The high growth can be attributed to increased government expenditure in the healthcare sector, technological advancement, and high penetration of connected devices, smartphones, and tablets. The Asia-Pacific is projected to grow at the fastest growth ratedriven by development in healthcare infrastructure and increased government expenditure in the region.

The global mHealth solutions market is fragmented as many small and big key players are operating in the market looking for innovative product offerings to make consumer attraction and increase their consumer base. The leading market players include AirStrip Technologies, Nike, Inc., Omron Corporation, AgaMatrix, Inc., Medtronic plc,Withings, BioTelemetry, Inc., Cerner Corporation, Philips Healthcare, iHealthLabs Inc., athenahealth, Inc., and AT&T, Inc., among others.

mHealth Solutions Market Key Segments:

Product & Service Segments

•    Connected Medical Devices
•    Vital Signs Monitoring Devices
•    Peak Flowmeters
•    Fetal Monitoring Devices
•    Multiparameter Trackers
•    Sleep Apnea Monitors
•    Neurological Monitoring Devices
•    Other Connected Medical Devices

mHealth Apps Segments

•    Healthcare Apps

o    General Health & Fitness Apps
o    Chronic Care Management Apps
o    Mental Health & Behavioral Disorder Management Apps
o    Diabetes Management Apps
o    Blood Pressure & ECG Monitoring Apps
o    Cancer Management Apps
o    Other Chronic Care Management Apps

•    Medication Management Apps

o    Women’s Health Apps
o    Personal Health Record Apps
o    Other Healthcare Apps

Medical Apps Segments

•    Medical Reference Apps
•    Continuing Medical Education Apps
•    Patient Management & Monitoring Apps
•    Communication & Consulting Apps

mHealth Services Segments

•    Remote Monitoring Services
•    Diagnosis & Consultation Services
•    Treatment Services
•    Healthcare System Strengthening Services
•    Fitness & Wellness Services
•    Prevention Services

Geographical Segments

•    North America

o    The U.S.
o    Canada

•    Europe

o    UK
o    Germany
o    France
o    Italy
o    Spain
o    Rest of Europe

•    Asia-Pacific

o    India
o    China
o    Japan
o    South Korea
o    Rest of Asia-Pacific

•    LAMEA

o    Latin America
o    The Middle East
o    Africa