Global MHealth Services Market Size Study & Forecast, by Type of Services, by Participants, by Application, by End-user, and Regional Analysis, 2023-2030

Description

List of Tables

Global MHealth Services Market is valued at approximately USD 50.06 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 14.7% over the forecast period 2023-2030. MHealth, or mobile health, is the application of public health and medical practices using mobile devices such as mobile phones, personal digital assistants, tablets, and wireless networks. Under the broader umbrella of digital health, mHealth incorporates the utilization of multimedia and telecommunications technologies for the dissemination of health-related information. Its applications span a variety of areas, including education and awareness, diagnostic and treatment support, healthcare supply chain management, remote monitoring, chronic disease management, and more. MHealth services involve integrating the capabilities of mobile devices such as smartphones and tablets to provide healthcare services and information. This integration of mobile technology aims to improve the accessibility, efficiency, and effectiveness of healthcare delivery. It encompasses a diverse array of applications and services tailored to support different facets of healthcare, ranging from facilitating patient communication and education to enabling remote monitoring and diagnostics. The market is poised for growth due to several factors, including an increased emphasis on leveraging smart devices and wearables for enhancing personal health and fitness. The strong penetration of 4G and 5G networks and the imperative of cost containment in healthcare delivery, coupled with the growing acceptance of mHealth technology by both healthcare providers and patients are the most prominent factors that are propelling the market demand across the globe.

Additionally, the widespread use of smartphones and other mobile platforms is anticipated to further fuel market expansion. According to Statista, the number of users of smartphones in the year 2019 was 287.76 million and the number of users is likely to reach 301.65 million by 2022. Also, as per the same source, in 2020, the shipments of a 5G-enabled smartphone were estimated to record 20% globally, which is anticipated to constantly rise and is likely to reach 69% by the year 2023. Therefore, the escalating demand for the 5G-enabled smartphone is exhibiting a positive influence on the growth of the market. Moreover, the growing investment and rising penetration of digital health services, as well as the rising global burden of chronic disease presents various lucrative opportunities over the forecast years. However, the lack of standardization and the risk of cyberattacks are hindering the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global MHealth Services Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the escalating healthcare expenditure, a surge in chronic diseases, a growing aging population, and a well-established network infrastructure, the demand for mHealth services in the region is on the rise. Furthermore, favorable government initiatives, an increase in FDA approvals for wearable devices, and the widespread adoption of mobile healthcare applications are further propelling the demand for mHealth services in the region. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecast years. The growing affordability of smartphones is driving increased adoption, enabling access to diverse applications for mHealth services. Factors such as the rise in healthcare expenditure, a surge in chronic and infectious diseases, inefficiencies in hospital service management, and an aging population are compelling governments and healthcare providers to innovate new healthcare delivery models are significantly propelling the market demand across the region.

Major market players included in this report are:

Apple Inc.
Google LLC
AirStrip Technologies, Inc.
Samsung Electronics Co. Ltd.
Veradigm LLC (Allscripts Healthcare Solutions)
Qualcomm Technologies, Inc.
Vodafone Group Plc.
AT&T
Telefonica S.A.
SoftServe Inc.

Recent Developments in the Market:

In March 2023, Apple Inc. announced its plan to enhance digital health by revealing its intention to enhance AirPods with advanced health tracking capabilities. These upgrades are expected to include temperature monitors, motion detectors, and biometric sensors capable of detecting perspiration and heart rate, to implement these features by the year 2025.
In January 2023, Garmin Ltd. launched the Instinct Crossover Series in India, featuring a comprehensive set of wellness functionalities, such as health monitoring activities, sleep score assessment, and advanced sleep monitoring capabilities.

Global MHealth Services Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type of Services, Participants, Application, End-user, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Type of Services:

Monitoring services
Diagnosis services
Healthcare systems strengthening services
Others

By Participants:

Mobile operators
Device vendors
Content players
Healthcare providers

By Application:

General healthcare & fitness
Medication information
Healthcare management
Others

By End-user:

Healthcare providers
Patients
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. MHealth Services Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. MHealth Services Market, by Type of Services, 2020-2030 (USD Billion)
- 1.2.3. MHealth Services Market, by Participants, 2020-2030 (USD Billion)
- 1.2.4. MHealth Services Market, by Application, 2020-2030 (USD Billion)
- 1.2.5. MHealth Services Market, by End-user, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global MHealth Services Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global MHealth Services Market Dynamics

3.1. MHealth Services Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increased emphasis on leveraging smart devices and wearables
  - 3.1.1.2. Rising use of smartphones and other mobile platforms
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of standardization
  - 3.1.2.2. Risk of cyberattacks
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing investment and rising penetration of digital health services
  - 3.1.3.2. Rising global burden of chronic disease

Chapter 4. Global MHealth Services Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global MHealth Services Market, by Type of Services

5.1. Market Snapshot
5.2. Global MHealth Services Market by Type of Services, Performance - Potential Analysis
5.3. Global MHealth Services Market Estimates & Forecasts by Type of Services 2020-2030 (USD Billion)
5.4. MHealth Services Market, Sub Segment Analysis
- 5.4.1. Monitoring services
- 5.4.2. Diagnosis services
- 5.4.3. Healthcare systems strengthening services
- 5.4.4. Others

Chapter 6. Global MHealth Services Market, by Participants

6.1. Market Snapshot
6.2. Global MHealth Services Market by Participants, Performance - Potential Analysis
6.3. Global MHealth Services Market Estimates & Forecasts by Participants 2020-2030 (USD Billion)
6.4. MHealth Services Market, Sub Segment Analysis
- 6.4.1. Mobile operators
- 6.4.2. Device vendors
- 6.4.3. Content players
- 6.4.4. Healthcare providers

Chapter 7. Global MHealth Services Market, by Application

7.1. Market Snapshot
7.2. Global MHealth Services Market by Application, Performance - Potential Analysis
7.3. Global MHealth Services Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. MHealth Services Market, Sub Segment Analysis
- 7.4.1. General healthcare & fitness
- 7.4.2. Medication information
- 7.4.3. Healthcare management
- 7.4.4. Others

Chapter 8. MHealth Services Market, by End-user

8.1. Market Snapshot
8.2. Global MHealth Services Market by End-user, Performance - Potential Analysis
8.3. Global MHealth Services Market Estimates & Forecasts by End-user 2020-2030 (USD Billion)
8.4. MHealth Services Market, Sub Segment Analysis
- 8.4.1. Healthcare providers
- 8.4.2. Patients
- 8.4.3. Others

Chapter 9. Global MHealth Services Market, Regional Analysis

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. MHealth Services Market, Regional Market Snapshot
9.4. North America MHealth Services Market
- 9.4.1. U.S. MHealth Services Market
  - 9.4.1.1. Type of Services breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2. Participants breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3. Application breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4. End-user breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada MHealth Services Market
9.5. Europe MHealth Services Market Snapshot
- 9.5.1. U.K. MHealth Services Market
- 9.5.2. Germany MHealth Services Market
- 9.5.3. France MHealth Services Market
- 9.5.4. Spain MHealth Services Market
- 9.5.5. Italy MHealth Services Market
- 9.5.6. Rest of Europe MHealth Services Market
9.6. Asia-Pacific MHealth Services Market Snapshot
- 9.6.1. China MHealth Services Market
- 9.6.2. India MHealth Services Market
- 9.6.3. Japan MHealth Services Market
- 9.6.4. Australia MHealth Services Market
- 9.6.5. South Korea MHealth Services Market
- 9.6.6. Rest of Asia Pacific MHealth Services Market
9.7. Latin America MHealth Services Market Snapshot
- 9.7.1. Brazil MHealth Services Market
- 9.7.2. Mexico MHealth Services Market
9.8. Middle East & Africa MHealth Services Market
- 9.8.1. Saudi Arabia MHealth Services Market
- 9.8.2. South Africa MHealth Services Market
- 9.8.3. Rest of Middle East & Africa MHealth Services Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Apple Inc.
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Recent Developments
- 10.3.2. Google LLC
- 10.3.3. AirStrip Technologies, Inc.
- 10.3.4. Samsung Electronics Co. Ltd.
- 10.3.5. Veradigm LLC (Allscripts Healthcare Solutions)
- 10.3.6. Qualcomm Technologies, Inc.
- 10.3.7. Vodafone Group Plc.
- 10.3.8. AT&T
- 10.3.9. Telefonica S.A.
- 10.3.10. SoftServe Inc.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global MHealth Services Market, report scope
TABLE 2. Global MHealth Services Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global MHealth Services Market estimates & forecasts by Type of Services 2020-2030 (USD Billion)
TABLE 4. Global MHealth Services Market estimates & forecasts by Participants 2020-2030 (USD Billion)
TABLE 5. Global MHealth Services Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 6. Global MHealth Services Market estimates & forecasts by End-user 2020-2030 (USD Billion)
TABLE 7. Global MHealth Services Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global MHealth Services Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global MHealth Services Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global MHealth Services Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global MHealth Services Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global MHealth Services Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global MHealth Services Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global MHealth Services Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global MHealth Services Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global MHealth Services Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia MHealth Services Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA MHealth Services Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global MHealth Services Market
TABLE 72. List of primary sources, used in the study of global MHealth Services Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable.

LIST OF FIGURES

FIG 1. Global MHealth Services Market, research methodology
FIG 2. Global MHealth Services Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global MHealth Services Market, key trends 2022
FIG 5. Global MHealth Services Market, growth prospects 2023-2030
FIG 6. Global MHealth Services Market, porters 5 force model
FIG 7. Global MHealth Services Market, pest analysis
FIG 8. Global MHealth Services Market, value chain analysis
FIG 9. Global MHealth Services Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global MHealth Services Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global MHealth Services Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global MHealth Services Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global MHealth Services Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global MHealth Services Market, regional snapshot 2020 & 2030
FIG 15. North America MHealth Services Market 2020 & 2030 (USD Billion)
FIG 16. Europe MHealth Services Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific MHealth Services Market 2020 & 2030 (USD Billion)
FIG 18. Latin America MHealth Services Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa MHealth Services Market 2020 & 2030 (USD Billion)