Key Companies Covered in the mHealth Apps Market Research Report are Fitbit, Inc., Apple Inc., DEXCOM, Jawbone Health Hub, Inc., Omada Health, Inc., BioTelemetry, Inc., Livongo Health, AT&T, Boston Scientific Corporation and other key market players.

Pune, June 02, 2020 (GLOBE NEWSWIRE) -- The global mHealth apps market size is expected to gain momentum by reaching USD 57.57 billion by 2026, while exhibiting astonishing CAGR of 29.1% between 2019 and 2026. Fortune Business Insights, publish this information in its latest report, titled “mHealth Market Size, Share & Industry Analysis, By Category (By Apps {Disease & Treatment Management, Wellness Management}, By Wearable {Body & Temperature Monitors, Glucose Monitors}) By Services Type (Monitoring Services, Diagnostic Services, Treatment Services) By Service Provider (mHealth App Companies, Hospitals, Health Insurance) and Regional Forecast, 2019-2026.” The report observes that the market was worth USD 11.17 billion in 2018 and is likely to expand owing to increasing adoption of advanced technology and growing demand for smartphones during the forecast period.

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mHealth apps are informative applications that provide meaningful information on general health. In addition to this, they provide vital inputs on the patient’s information that helps the doctor to diagnose the medical condition without personal intervention. Modern technology has developed the healthcare sector drastically, while offering novel solutions to the patients and propelling an efficient communication between the doctor and the patient. Today, the patients can find a remedy to their ailment at the touch of the button through their mobile devices with the help of the health application, eliminating the need to personally visit a doctor.

What does the Report Include?

The mhealth apps market report includes a detailed assessment of the various market drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Furthermore, the report provides comprehensive research into the regional developments of the market, affecting the market growth during the forecast period. Moreover, the report includes information sourced from the advice of expert professionals from the industry by our research analyst using several research methodologies for the market. The competitive landscape offers further detailed insights into the strategies such as product launches, partnerships, merger and acquisition, and collaborations adopted by the companies to maintain market stronghold between 2019 and 2026.

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Drivers and Restraints:

High Penetration of mHealth Apps in Smartphones to Promote Growth

Today, medical apps and health apps have taken a center stage owing to increasing demand for smartphones and developed mobile technology. According to a statistic by HealthWorks Collective, today there are 97,000 and counting fitness and health applications that are available for download on mobile platforms. Furthermore, 52% of the smartphone users access health-related information on their mobile devices. The mobile health apps provide real-time communication between the patient and healthcare provider that is driving the market growth during the forecast period. Furthermore, technological advancements such as adoption of artificial intelligence and machine learning is likely to contribute to the mhealth apps market growth in the forthcoming years.

Segmentation:

Apps Segment to Garner Massive Growth

The segment apps (By Category) is anticipated to foresee significant growth in the forthcoming years. This is attributable to factors such as increasing demand for fitness apps during the forecast period. Additionally, the convenience of accessing vital fitness and diet information at the touch of the button is driving the demand for the segment during the projected horizon.

Regional Analysis:

Increasing Prevalence of Chronic Illness in Europe to Augur Demand

Among the regions, Europe is likely to gain momentum and register highest global mHealth apps revenue during the projected horizon. This is ascribable to factors such as growing number of digital stratups in the region. In addition to this, increasing prevalence of chronic disorders such as diabetes and cardiovascular diseases in Europe will contribute to the growth of the market. Asia-Pacific, on the other hand, will witness massive growth in the forthcoming years. This is attributable to factors such as high broadband usage and increasing incidents of chronic ailment. Furthermore, presence of large geriatric population in countries such as India and China will help in increasing the mhealth apps market revenue between 2019 and 2026.

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Competitive Landscape:

Product Launches by the Companies to Foster Strong Growth

In October 2019, Sony, a leading technology solutions provider, announced the launch of a new mobile health platform, mSafety. According to the company, the platform is designed for several companies looking for a platform to develop patient monitoring solutions. Furthermore, it introduced a new wearable tech that connects with its fitness app to enable the wearer monitor his health. Introduction of innovative solution by the companies is anticipated to strengthen the mhealth apps market position of the companies, according to Fortune Business Insights.

List of the Key Companies Operating in the mHealth Apps Market are:

• Fitbit, Inc.
• Apple Inc.
• DEXCOM 
• Jawbone Health Hub, Inc.
• Omada Health, Inc.
• BioTelemetry, Inc.
• Livongo Health
• AT&T
• Boston Scientific Corporation
• Omron Healthcare, Inc.

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Detailed Table of Content:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Statistics on Smartphone Penetration Rate for Key Countries
  • Data Pertaining to Healthcare Expenditure for Key Countries
  • New Product Launches
  • Overview on Technological Advancements Pertaining to mHealth Apps
  • Key Merger and Acquisition Strategies by Top Players
  • Industry Background of mHealth
• Global mHealth Apps Market Analysis, Insights and Forecast, 2015-2026
  • Key Findings / Summary
  • Market Analysis, Insights and Forecast – By App Type
    • Disease and Treatment management
      • Healthcare Providers/Insurance
      • Medication Reminders
      • Women Health and Pregnancy
      • Disease Specific
    • Wellness management
      • Fitness
      • Lifestyle and stress
      • Diet and Nutrition
    • Others
  • Market Analysis, Insights and Forecast – By Application
    • Monitoring Services
    • Fitness Solutions
    • Diagnostic Services
    • Treatment Services
    • Other
  • Market Analysis, Insights and Forecast – By Operating System Type
    • Google Play Store
    • Apple App Store
    • Others
  • Market Analysis, Insights and Forecast – By Regions
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

TOC Continued….!!!

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Have a Look at Related Reports:

mHealth Market Size, Share & Industry Analysis, By Category (By Apps {Disease & Treatment Management, Wellness Management}, By Wearable {Body & Temperature Monitors, Glucose Monitors}) By Services Type (Monitoring Services, Diagnostic Services, Treatment Services) By Service Provider (mHealth App Companies, Hospitals, Health Insurance) and Regional Forecast, 2019-2026
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Digital Health Market Size, Share and Global Trend By Technology (Mobile Health Technology, Health Information Technology, Wearables Technology, Telehealth Technology), By Deployment Mode(Software, Service, Hardware), By Modality(Wired, Wireless) By End User (Clinics, Hospitals, Ambulatory Surgery Centres, Home Care Settings), Geography Forecast till 2026

Telemedicine Technologies and Services Market Size, Share and Global Trend By Type (Tele-care, Tele-diagnostics, Tele-monitoring), By Modality (In-campus, Cloud-Based), By Application (Emergency Services, Dermatology, Neurology, Cardiology, Gynaecology), By End-User (Hospitals, Clinics, Diagnostic Centers, Ambulatory Surgery Centers) and Geography Forecast till 2026

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