MHealth Market: Global Demand Analysis & Opportunity 2018 to 2024 PR- Global _MHealth_Market Reports | Page 2

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 Regional Analysis
North America dominates the market with highest market share followed by Europe. High health care
expenditure, government initiatives, high rate of adoption of new technologies and increasing funding
by private and public organizations A number of mobile apps targeted at wellness and fitness are also
offered in the U.S. and constitute 13% of the total mobile health deployments.
Europe is the second largest market for mHealth due to increasing prevalence of chronic diseases and
increasing technological advancements. The NHS England has committed to an informatics strategy to
transform healthcare service delivery using technology at national and local levels
Asia Pacific mHealth Market is witnessed with strong growth rate majorly due to increasing number of
smartphone users, increasing burden of chronic diseases, increasing awareness about digital technology
and government funding for research and development. Asia Pacific region has topped the world in
growth of smartphone traffic to the internet. India and China delivered staggering 717 million and 300
million consumers respectively in the year 2017.
Global mHealth Market Segmentation
Global MHealth Market: by Key Players
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Apple Inc.
FitBit Inc.
Withings
Jawbone
Dexcom Inc.
Proteus Digital Health
Omada Health Inc.
WellDoc Inc.
Livongo Health
Noom Inc.
io Inc.
Propeller Health
2Morrow Inc.
Canary Health
Mango Health
BiogeniQ Inc.
Twine Health Inc.
Glooko Inc.