MHealth Market: Global Demand Analysis & Opportunity 2018 to 2024 PR- Global _MHealth_Market Reports

New research study on Global MHealth Market was valued around USD 13.76 Billion in 2017 and it is
expected to achieve USD 299.15 Billion in 2024 with fastest growing CAGR of 55.5%. The report begins
from overview of Industry Chain structure, and describes industry environment, then analyses market
size and forecast of MHealth Market by product, region and application, in addition, this report
introduces market competition situation among the vendors and company profile, besides, market price
analysis and value chain features are covered in this report.
Scope of Global MHealth Market Reports
Mobile health (mHealth) refers to the different methods or practices to support healthcare and medical
services through the use of mobile technologies to monitor a variety of chronic conditions such as heart
disease, diabetes, autism, insomnia and asthma. mHealth aims to empower patients with information
and management of their own health in order to promote outcomes improvement through enhanced
decision-making, to help reduce costs, increase access throughout the system and supply data for
predictive modeling of at-risk populations. So, during the study of Global MHealth market, we have
considered MHealth revenue to analyze the market.
The regions covered in this MHealth Market report are North America, Europe, Asia-Pacific and Rest of
the World. On the basis of country level, market of MHealth is sub divided into U.S., Mexico, Canada,
U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
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Global MHealth Market Dynamics –
According to World Bank, 83% of the member countries have atleast one mHealth initiative (SMS, IVR,
or Apps). The rapid growth in the usage of smartphones and growth of 3G/4G/5G networks are the
major drivers for the growth of the global mHealth Market. As per the Cisco Visual Networking Index,
mobile traffic has amplified four-fold in recent years and it is expected to grow exponentially in the
upcoming years. Mobile connectivity with healthcare professionals helps in decreasing the bridge
between healthcare professionals and patients.
mHealth systems are emerging in response to increased prevalence of chronic diseases, increased
healthcare needs, new wireless technologies, better video and monitoring technologies, decreasing
healthcare resources, an emphasis on reducing hospital days, and growing confidence in cost-
effectiveness. However, lack of technological awareness among the ageing population and data security
are the major restrains of the Global mHealth Market. Nonetheless, untapped market and technological
advancements may generate new opportunities in forecast period
Global MHealth Market Dynamics
According to World Bank, 83% of the member countries have atleast one mHealth initiative (SMS, IVR,
or Apps). The rapid growth in the usage of smartphones and growth of 3G/4G/5G networks are the
major drivers for the growth of the global mHealth Market. As per the Cisco Visual Networking Index,
mobile traffic has amplified four-fold in recent years and it is expected to grow exponentially in the
upcoming years. Mobile connectivity with healthcare professionals helps in decreasing the bridge
between healthcare professionals and patients.