Key Highlights of the Mobile Health (mHealth) Market 2025-2034: Growth Dynamics, Trends, and Opportunities
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What is the Forecasted Expansion Rate of the Mobile Health (mHealth) Market Over the 2025–2034 Period?
In recent times, the mobile health (mhealth) market has seen a surge in its size. It is projected that its value will increase from $84.99 billion in 2024 to $99.72 billion in 2025, signifying a compound annual growth rate (CAGR) of 17.3%. Factors such as the widespread adoption of smartphones, the rapid expansion of mHealth solutions, a surge in chronic illnesses, a growing demand for remote monitoring and administration services, as well as the increased advocacy for digital health and telemedicine, have contributed to this historic period of growth.
The market for mobile health (mhealth) is projected to expand substantially in the upcoming years, escalating to a staggering $186.69 billion by 2029, with a compound annual growth rate (CAGR) of 17.0%. The predicted surge for the forecast period is based on several factors such as the rising trend for in-home care solutions, the integration of AI and machine learning technology, the advent of 5G for quicker and dependable connections, heightened awareness and focus on health and wellness and augmented use of fitness apps and wearable devices. Future trends are expected to include an upsurge in mergers and acquisitions, a shift towards more personalized mHealth apps, more comprehensive integration with electronic health records (EHR), increased emphasis on mHealth applications and a growing demand for mental health services.
What Drivers Are Shaping the Growth of the Mobile Health (mHealth) Market?
The growth of the mobile health (mHealth) market is being fueled by the increasing occurrence of chronic illnesses. Chronic diseases are health issues that endure over time, often spanning more than a year, and frequently necessitating continual medical care or limiting everyday tasks. This increasing prevalence is largely due to an aging population that experiences a greater number of long-standing health conditions due to longer life expectancies. mHealth assists in controlling these chronic afflictions by providing health monitoring tools, enhancing interaction with physicians, and promoting adherence to treatment plans. For example, the National Health Service, a publicly funded healthcare system based in the United Kingdom, reported in June 2024 that the number of people registered with a GP diagnosed with non-diabetic hyperglycemia—more commonly known as pre-diabetes—rose from 3,065,825 in 2022 to 3,615,330 in 2023, marking an increase of nearly one fifth (18%). Consequently, the surging prevalence of chronic diseases is a key driver for the expansion of the mobile health (mHealth) market.
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Who Are the Leading Organizations Fueling the Expansion of the Mobile Health (mHealth) Market?
Major companies operating in the mobile health (mHealth) market are Apple Inc., Samsung Group, Huawei Technologies Co. Ltd., Oracle Corporation, Abbott Laboratories, Xiaomi Corporation, Medtronic plc, Koninklijke Philips N.V., Stryker Corporation, GE HealthCare Technologies, Omron Corporation, Garmin Ltd., Hill-Rom Holdings Inc., Dexcom Inc., Masimo Corporation, Nihon Kohden Corporation, Polar Electro Oy, Verily Life Sciences LLC, Withings S.A.S., Empatica Inc., TempTraq, LifeSense Group B.V.
Which Cutting-Edge Trends Are Expected to Drive the Mobile Health (mHealth) Market’s Growth?
Prominent firms in the mHealth market are creating holistic care digital applications to offer complete and customized healthcare solutions. A holistic care digital application encapsulates total care provision by amalgamating physical, mental, and emotional health services within one application. For instance, Teladoc Health, an American healthcare organization, in January 2023, introduced an all-inclusive digital healthcare application. This app provides a unified healthcare experience, enabling users to access primary care, mental health facilities, and chronic illness management through a single account. The app accommodates both Spanish and English languages and includes features like easy maneuverability, integrated doctor care plans, and coordination with real-time caregivers to promise comprehensive care.
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Which Segments Play a Crucial Role in the Expansion of the Mobile Health (mHealth) Market?
The mobile health (mhealth) market covered in this report is segmented –
1) By Type: Mobile Health (mHealth) Devices, Mobile Health (mHealth) Services
2) By Application: Cardiovascular, Diabetes, Respiratory, Neurology, Other Applications
3) By End-Use: Patients, Providers, Payers, Other End Users
Subsegments:
1) By Mobile Health (mHealth) Devices: Wearable Devices, Mobile Health Applications, Diagnostic Devices, Remote Patient Monitoring Devices, Emergency and Alert Devices
2) By Mobile Health (mHealth) Services: Telemedicine Services, Health and Wellness Services, Chronic Disease Management Services, Health Data Management Services, Education and Support Services
Which Regions Are Most Influential in Expanding the Mobile Health (mHealth) Market?
North America was the largest region in the mobile health (mHealth) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile health (mHealth) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Key Parameters Define the Mobile Health (mHealth) Market’s Scope?
Mobile health (mHealth) refers to the practice of medicine and public health supported by mobile devices. It encompasses the use of mobile communication technologies, such as smartphones, tablets, and wearable devices, to deliver health services, collect health data, and provide health information.
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