Global M Health Market By Overview
M Health Market was valued at USD 145.4 Billion in 2024 and is projected to grow at a CAGR of 27.20% to reach USD 1297.7 Billion by 2034.
mHealth (mobile health) is a general term for the use of mobile phones and other wireless technology in medical care. The most popular use of mHealth is informing customers about preventive healthcare services through mobile devices. Nevertheless, mHealth is also utilized for managing chronic diseases, tracking epidemic outbreaks, supporting treatment, and monitoring disease surveillance. In underdeveloped areas with high population densities and broad mobile phone use, mHealth is gaining popularity as a viable option. Increasing the usage of mHealth in underdeveloped nations is something that nonprofit groups like mHealth Alliance are fighting for.
mHealth can also help bridge gaps in care by allowing patients to communicate with their physician or care team and vice versa without meeting face to face. For example, doctors can notify parents via secure message when their child is done with surgery. Additionally, it facilitates patient communication with healthcare professionals. For instance, it can notify a nurse when a patient arrives for an appointment.
Global M Health Market By Drivers & Restraints
M Health Market Drivers:
Growing Rate of Chronic Illnesses
- Chronic diseases like diabetes, heart disease, and respiratory illnesses are on the rise globally. This creates a demand for mHealth solutions that can help patients manage their conditions more effectively. Remote monitoring capabilities of mHealth devices allow for early detection of potential problems and timely interventions.
Growing Wearable and Smartphone Adoption
- The proliferation of wearable technology and smartphones has made a favourable environment for mHealth solutions.
- These gadgets serve as practical gateways that let consumers monitor vital signs, get health information, and communicate with medical professionals..
Increasing Costs of Healthcare
- MHealth economically provides healthcare delivery. Patients and the healthcare system can save a lot of money by using telehealth consultations and remote monitoring to replace in-person appointments.
Restrains in the M Health Market:
Security Concerns
- mHealth systems gather a lot of private health data, including private details like blood sugar levels, heart rate, and even prescription usage. Users may suffer grave repercussions from breaches or releases of this data, including discrimination, identity theft, and even blackmail. It makes sense that patients are wary of giving mHealth apps and devices access to their personal health information because of worries regarding data encryption, storage policies, and access limits.
Limited Integration with Existing Healthcare Systems
- Due to a lack of defined data formats and APIs (Application Programming Interfaces), integrating mHealth data with Electronic Health Records (EHR) used in clinics and hospitals can be difficult. This impedes the exchange of information and makes it more difficult for medical professionals to obtain a comprehensive picture of a patient's condition.
Key Opportunities in M Health Market:
Improving Discoverability and User Experience
- Discoverability and providing a seamless user experience are two major obstacles to the broad adoption of mHealth apps. In order to solve this, mHealth apps can be recommended by AI-powered app recommendation engines based on user requirements, medical conditions, and device compatibility. Furthermore, it is imperative to place a major emphasis on user interface (UI) and user experience (UX). Expanding the adoption of mHealth solutions can be facilitated by creating user-friendly interfaces that are accessible, intuitive, and meet a variety of user needs. Moreover, educational programs and focused marketing campaigns can increase public knowledge of the features and advantages of mHealth solutions, which will increase discoverability.
Collaboration with Traditional Healthcare Providers
- The effective integration of mHealth solutions into the healthcare ecosystem requires cooperation with conventional healthcare providers. Co-creating mHealth solutions with healthcare professionals can guarantee that they meet practical needs and fit in with workflows already in place. Moreover, showcasing the mHealth solutions' return on investment (ROI), which includes better patient outcomes and lower medical expenses, can encourage healthcare providers to embrace these solutions more widely. Finally, resolving privacy concerns can allay worries and increase confidence in mHealth solutions by continuously educating and supporting healthcare practitioners about data security best practices.
Global M Health Market By Segmentations & Regional Insights
M Health Market is segmented based on based on by Device, Service, Application, End-User and Region.
Devices Insight
- Blood Glucose Meters- One of the most important tools for controlling diabetes is blood glucose monitoring. It assists you in determining how your blood sugar levels are affected by things like food, exercise, and medications so you may adjust your diabetes treatment plan as necessary. One of the best methods to learn about your diabetes is to test your blood sugar. It assists you in determining and monitoring the effects of various foods, drugs, and activities on your blood sugar levels. Monitoring your blood glucose levels over time might also assist you and your physician in modifying your diabetes treatment strategy as needed.
- BP Monitors – A blood pressure monitor is a medical instrument that measures the force of blood on your artery walls, or blood pressure. An essential measure of your overall cardiovascular health is your blood pressure.
- Pulse Oximetry - A technique called pulse oximetry is performed to determine the blood's oxygen saturation level. Measuring how well oxygen is delivered to the areas of your body that are farthest from your heart, such your arms and legs, is a simple and painless process. A probe, which resembles a clip, is applied to a body part—like a finger or ear lobe. The probe measures the amount of oxygen in the blood using light. This data aids the medical professional in determining whether a patient requires more oxygen.
- Neurological Monitoring Devices – A method called neuromonitoring records electrical potentials produced by neurons or the axons that connect them throughout the nervous system. Electroencephalography (EEG), somatosensory evoked potentials (SSEPs), motor evoked potentials (MEPs), and brainstem auditory evoked potentials (BAEPs) are among the often-employed modalities.
- Apnea & Sleep monitors - The PICU and NICU use apnea monitors as part of their patient monitoring systems (Neuman, 1988a). Infants who are at risk of apnea or who have experienced apneic episodes in the hospital are often monitored for the condition at home using certain standalone apnea-monitoring devices. These gadgets monitor the phases of your sleep and your breathing patterns. Sleep apnea is a condition in which breathing continuously stops and resumes during sleep. They are used to identify this issue.
- Wearable Fitness Sensor Devices – Wearable technology refers to gadgets that help with ongoing observation of daily human behaviour and activities. Additionally, it analyses blood pressure, blood sugar, blood oxygen saturation, body temperature, heart rate, physical activity, and sleep patterns, among other vital signs. Wearables include things like knee caps, gloves, smartwatches, eyeglasses, fitness bands, and other skin-attachable gadgets. They have sensors built into them that send data to a server through mobile apps.
- Heart Rate Meters- Devices that can continually detect and track your heart rate or pulse rate are called heart rate monitors. Numerous of these gadgets are really accurate, and the most are wearable. Although these gadgets can be useful for keeping an eye on your health, you shouldn't use them in place of medical care because they aren't as precise as authorized medical devices.
Service Insights
- Diagnosis Services- Certain gadgets, such as EEG monitors and pulse oximeters, can help in the diagnosis of specific medical disorders.
- Monitoring Services- Diabetes, heart disease, and sleep apnea are just a few of the chronic health disorders that may be tracked using a variety of devices. This enables patients to monitor their health and change their medicine or way of life as necessary.
- Prevention- By motivating users to be more active, wearable fitness trackers can help people avoid chronic diseases
- Treatment- Insulin pumps and blood glucose meters are crucial tools for diabetics to control their blood sugar levels and avoid complications.
- Wellness and Healthcare System Strengthening Solutions - By employing these gadgets for remote patient monitoring, medical professionals may keep an eye on their patients from a distance, improving access to care and cutting expenses.
Application Insights
- Cardiovascular Diseases - cardiovascular disease (CVD) is a general term for conditions affecting the heart or blood vessels. It's usually associated with a build-up of fatty deposits inside the arteries (atherosclerosis) and an increased risk of blood clots.
- Diabetes - When your blood glucose, commonly known as blood sugar, is too high, you develop diabetes. Your body uses glucose as its primary energy source. Although glucose can also be produced by the body, it also comes from food.
- Respiratory Diseases - A type of disease that affects the lungs and other parts of the respiratory system. Respiratory diseases may be caused by infection, by smoking tobacco, or by breathing in second-hand tobacco smoke, radon, asbestos, or other forms of air pollution. Lung cancer, pulmonary fibrosis, pneumonia, asthma, and chronic obstructive pulmonary disease (COPD) are examples of respiratory ailments. Also known as pulmonary disease and lung ailment.
- Neurological Diseases - Neurological disorders are diseases of the central and peripheral nervous system. To put it another way, the autonomic nervous system, muscles, cranial nerves, peripheral nerves, nerve roots, brain, spinal cord, and neuromuscular junction. These conditions include multiple sclerosis, Parkinson's disease, epilepsy, Alzheimer's disease and other dementias, cerebrovascular diseases such as stroke, neuroinfectious, brain tumours, traumatic disorders of the nervous system brought on by head trauma, and neurological disorders brought on by malnutrition.
End-User Insights
- Healthcare Providers – Healthcare providers use a variety of monitoring devices to diagnose and treat patients.
- Patients - Patients use monitoring devices to track their health and manage chronic conditions.
- Health Insurance Providers Health insurance providers may offer discounts or incentives to their members who use certain monitoring devices.
- Pharmaceutical companies - Pharmaceutical companies may develop monitoring devices to help patients track their response to medications.
- App Companies - App companies develop apps that can be used with monitoring devices to track and store health data.
M Health Market Regional Insights:
On region the M Health Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
- North America Because of variables like an increasing older population, a well-established healthcare infrastructure, and high smartphone penetration, this area has historically had the biggest market share for mHealth.
- Asia Pacific Due to factors such a big and growing population, an increasing prevalence of chronic diseases, and increased smartphone and internet penetration, this area is predicted to witness the fastest development in the mHealth market in the coming years.
- Europe Another significant participant in the mHealth sector, Europe places a high priority on data privacy and regulatory compliance.
- Latin America Although the region's mHealth sector is still in its infancy, as governments make investments in healthcare infrastructure and mobile technology becomes more widely available, it is anticipated to expand dramatically over the next several years.
- Middle East & Africa Although the mHealth market in these regions is still in its infancy, there is a lot of room for expansion as governments fund healthcare programs and mobile technology becomes more broadly accessible.
M Health Market Report Scope:
Attribute |
Details |
Market Size 2024 |
US$ 145.4 Billion |
Projected Market Size 2034 |
US$ 1297.7 Billion |
CAGR Growth Rate |
27.20% |
Base year for estimation |
2023 |
Forecast period |
2024-2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
Market Segmentation |
By Device - Blood Glucose Meters, BP Monitors, Pulse Oximetry, Neurological Monitoring Devices, Apnea & Sleep monitors, Wearable Fitness Sensor Devices and Heart Rate Meters By Service - Diagnosis Services, Monitoring Services, Prevention, Treatment, Wellness and Healthcare System Strengthening Solutions By Application - Cardiovascular Diseases, Diabetes, Respiratory Diseases, Neurological Diseases By End-User - Healthcare Providers, Patients, Health Insurance Providers, Pharmaceuticals Companies, App Companies |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the M Health Market report based on By Product, By End-User and Region:
M Health Market, By Devices:
- Blood Glucose Meters
- BP Monitors
- Pulse Oximetry
- Neurological Monitoring Devices
- Apnea & Sleep monitors
- Wearable Fitness Sensor Devices
- Heart Rate Meters
M Health Market, By Service:
- Diagnosis Services
- Monitoring Services
- Prevention
- Treatment
- Wellness
- Healthcare System Strengthening Solutions
M Health Market, By Application:
- Cardiovascular Diseases
- Diabetes
- Respiratory Diseases
- Neurological Diseases
M Health Market, By End-User:
- Healthcare Providers
- Patients
- Health Insurance Providers
- Pharmaceuticals Companies
- App Companies
M Health Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global M Health Market By Competitive Landscape & Key Players
The key players operating the M Health Market includes Apple Inc., Google Inc., AirStrip Technologies, Inc., Samsung Electronics Co. Ltd., Veradigm LLC (Allscripts Healthcare Solutions), Qualcomm Technologies, Inc., Vodafone Group Plc., AT&T, Telefónica S.A., SoftServe Inc., Orange.
Global M Health Market By Recent News
- In June 2024 The end-to-end digital health, wellness, and virtual care SaaS platform Mobile Health Consumer, Inc. was acquired by H.I.G. Growth Partners ("H.I.G. Growth"), the dedicated growth capital investment affiliate of H.I.G. Capital, with pleasure. The company's main goals are to improve health outcomes by lowering healthcare expenses for companies and raising employee engagement. By identifying health concerns and utilizing individualized incentives to enable proper care, mobile health helps employees manage their health proactively and effectively. Employers save money and employees face fewer health hazards as a result.
- In February 2024, The Kilkari program, a mobile health (m-health) initiative for beneficiaries in local content in Gujarat and Maharashtra, was virtually inaugurated by Union Ministers of State for Health and Family Welfare, Prof. SP Singh Baghel, and Dr. Bharati Pravin Pawar. A free audio training program called Mobile Academy was also introduced to enhance the communication skills of Accredited Social Health Activists (ASHAs) and help them learn new and updated information. Gujarat's Minister of Health, Rushikesh Patel, was also in attendance.
- In January 2021, Kenyan startup Play Zuri Health has launched its mobile app, Zuri Health, which seeks to offer accredited, reasonably priced, and easily accessible mobile healthcare solutions. With Zuri Health, customers may schedule lab tests, schedule appointments with any hospital or medical expert in their area, communicate with practitioners by video or messaging, and arrange home visits. Users can order prescription and over-the-counter medications online and have them delivered right to their home in the app's Pharmacy feature. The application has an SMS feature that is intended to reach a broad spectrum of people or users who might not have access to WAP or internet-enabled devices.
Global M Health Market By Company Profile
- Apple Inc.
- Google Inc.
- AirStrip Technologies, Inc.
- Samsung Electronics Co. Ltd.
- Veradigm LLC (Allscripts Healthcare Solutions)
- Qualcomm Technologies, Inc.
- Vodafone Group Plc.
- AT&T
- Telefónica S.A.
- SoftServe Inc.
- Orange
FAQs
M Health Market was valued at US$ 145.4 Billion in 2024 and is projected to grow at a CAGR of 27.20% to reach US$ 1297.7 Billion by 2034.
M Health Market is segmented into Device, Service, Application, End user, and Region.
Factors driving the market includes Growing Rate of Chronic Illnesses, Growing Wearable and Smartphone Adoption, Increasing Costs of Healthcare.
Restraints of the M Health Market Security Concerns, Limited Integration with Existing Healthcare Systems.
M Health Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.
The key players operating the M Health Market includes Apple Inc., Google Inc., AirStrip Technologies, Inc., Samsung Electronics Co. Ltd., Veradigm LLC (Allscripts Healthcare Solutions), Qualcomm Technologies, Inc., Vodafone Group Plc., AT&T, Telefónica S.A., SoftServe Inc., Orange.