The Global Mobile Health Apps Market Size is estimated to expand rapidly in coming years, at a CAGR of 33.97% from 2018 to 2025. In 2017, the global market valuation was USD 10.21 billion, and it is anticipated to be greater than USD xx.xx billion by 2025.  Mobile apps and Smart phones are largely being used in numerous areas of healthcare industry such as health education, data management, health management, relative workflow processes and health information. Wide range of mobile phone apps are being developed in order to monitor the health of patients and deliver the health data to physicians. The latest technology is anticipated to drive the market as it helps in saving time and evidences much beneficial in providing medical care to patients in cities and remote areas.  Healthcare industry has exhibited the need for such innovative technologies in the recent years. Smart phones are playing an important role in healthcare industry by creating things and making them easier for the medical services are also replacing some of the work that was previously done on desktops and laptops.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global mobile health apps market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global mobile health apps market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Market Dynamics

The key growth factors for mobile health apps are growing penetration of smartphones, tablets & other medical wearables, rapid growth of connected devices and mobile health apps in order to manage chronic diseases and increasing focus on patient-centric healthcare deliveries are the key driving factors for mobile health apps market. Lack of awareness among consumers as well lack of guidance from physicians in order to select the right apps and lack of standards & regulations are the key market restraining factors that may hamper the market growth over the forecast period. Lack of physicians is the key growth opportunity for the growth of mobile health apps over the forecast period 2018-2025.

Market Segmentation

The mobile health apps market has been categorized into app type, services, connected medical devices and geography. On the basis of app type the mobile health apps market is segmented into weight loss, women’s health, and personal health record. mobile health apps market on the basis of services is categorized into diagnosis and consultation, wellness & fitness and remote monitoring. Connected medical devices segment is divided into wearable fitness sensor devices, pulse oximeters, heart rate monitors and blood pressure monitor among others. Wellness and fitness segment held the largest market share in the recent years due to the growing concerns among the consumers in order to be fit and also to reduce diseases incidences are expected to provide the dominant market share over the forecast period.

Regional Analysis

The global mobile health apps market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.  North America dominated the mobile health apps market in 2017 in terms of regional segment share. Growing demand from consumers for health monitoring and examining people’s health and analytics is driving towards the growth in the adoption of mHealth by payers, health planners, and providers. Rising mobile technologies, permit to monitor and remotely provide treatment of chronic conditions. A connected health infrastructure will allow to monitor the people’s health conditions much transparently and appropriate healthcare infrastructure or treatment can be provided, which is the main reason driving the growth of mobile health applications in North America.

Global Mobile Health Apps Market Size, Share Analysis By Region 2017

Asia Pacific is anticipated to experience and swift growth, due to growing demand for connected devices that will make connected life a reality. Developing natio ns in this region are opting for digital health strategies such as to manage healthcare delivery and ensure enhanced outcomes. For instance, Digital India program objectives to implement IT services to permit people in healthcare. These types of initiatives are expected to make Asia Pacific as the fastest growing region during the forecast period 2018-2025. Middle East and Africa held the measurable growth in the global market in 2018 and will expand at the significant CAGR during the forecast years.  

Global Mobile Health Apps Market Study Objective

1. To forecast the market size of mobile health apps market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of mobile health apps market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have major impact on the growth of mobile health apps market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of mobile health apps market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the mobile health apps market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

The key players in mobile health apps market are Jhonson and Johnson, Roche, Bristol-Myers Squibb, Merck and Co., Sanofi, Abbott, AstraZeneca PLC, Novartic, GlaxoSmithKline Plc, and Pfizer among other key players.

Global Mobile Health Apps Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.