- 9 December 2020 23:30
mHealth Apps Market Report 2020 to 2027 | Abbott Laboratories, Johnson and Johnson, AstraZeneca PLC, Novartis AG
The global mHealth Apps market is predicted to reach USD 240.65 billion by 2027 and is anticipated to expand at a compound annual growth rate (CAGR) of 43.9% during the forecast period 2020 to 2027.
The North American mHealth apps market will dominate the global market concerning technological advances and strong healthcare infrastructure. The growth of mHealth applications will also depend on the economical factors such as income levels across the respective region.
The Asia Pacific being comparatively untapped is anticipated to generated lucrative growth over the forecasted period.
Rising promotion of mHealth apps to create positive health outcomes along with the increasing preference for mobile apps are some of the driving factors for the health applications market.
With the replacement of traditional healthcare delivery models by the patient-centric care model, growth in the adoption of mHealth platforms is expected as an increasing number of physicians recommend using health-related apps.
Besides, the introduction of wearable devices from Fitbit, Apple, and Xiaomi are influencing the market positively. The growth of the market appears positive with increasing investments in wearable tech startups. These startups focus on mHealth categories such as personal safety, women's health, and hydration monitoring that promise exciting prospects for the market.
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- The report covers the forecast and analysis for the mHealth Apps market on a global and regional level.
- The report includes the positive and the negative factors that are influencing the growth of the market.
- Future market opportunities and detailed information about the market are discussed.
- The revenue generated by the prominent industry players has been analyzed in the report.
- The market numbers have been calculated using top-down and the bottom-up approaches.
- The mHealth Apps market has been analyzed using Porter’s Five Forces Analysis.
- The market is segmented on the basis of type, and end users which in turn is bifurcated on a regional level as well.
- All the segments have been evaluated based on the present and the future trends.
- The report deals with the in-depth quantitative and qualitative analyses of the mHealth Apps market.
- The report includes the detailed company profiles of the prominent market players.
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- Abbott Laboratories
- Johnson and Johnson
- AstraZeneca PLC
- Hoffmann-La Roche Ltd.
- Novartis AG
- Bristol-Myers Squibb Company
- GlaxoSmithKline plc
- Merck and Co., Inc.
- Pfizer, Inc.
- iHealth Labs Inc.
- Vivify Health
- Medtronic MiniMed, Inc.
Segments Covered in the Report
- Nutrition & Diet
- Women's Health
- Medication Adherence
- Lifestyle Management
- Healthcare Providers/Payers
- Disease Management
- North America
- The U.S.
- The U.K.
- Asia Pacific
- South Korea
- Rest of the World