mHealth Market Size, Share, Growth, and Trends Report By 2030

The global mHealth market size was exhibited at USD 63.88 billion in 2022 and is projected to hit around USD 243.57 billion by 2032, growing at a CAGR of 18.2% from 2023 to 2032.

mHealth refers to mobile health. It means the practice of medicine is supported by mobile phones. It is used for mobile communication devices, such as mobiles, computers, personal digital assistants (PDAs), and wearable devices. It is a sub-segment of eHealth. It uses information and communication technology (ICT), such as computers, mobile phones, communications satellites, and patient monitors. It provides health services and information. 

It uses mobile devices to collect clinical health data and real-time monitoring of patient vital signs. It delivers healthcare information for practitioners, researchers, and patients. It has emerged as an application for developing countries. It has improved the capacity of health systems to provide quality healthcare. It has improved the ability to diagnose and track diseases. It supports diagnostic procedures to help doctor decision-making for treatments.  

Growth Factors:

The increasing focus on improving personal health and fitness significantly contribute to the market growth. In line with this, the emergence of smart devices and wearables accelerates the market growth. Furthermore, increasing penetration of the internet and smartphones positively influences market growth across the globe. Apart from this, the growing adoption of mHealth technology creates a positive outlook for the market. Moreover, rapid adoption by physicians and patients catalyzes market growth. Besides, the rising penetration of digital health services propels market growth. The emergence of remote patient monitoring systems drives market growth. The demand for mhealth apps catalyzes market growth. The growing awareness among individuals about the app drives the market growth. The supportive government initiatives to promote digital healthcare have boosted market growth. The surging use of smartphones among adults and teenagers drives the app's growth. 

The shift from traditional healthcare practices to patient-centric drives the market for mHealth. The rising demand for mobile medical platforms and real-time patient care is expected to accelerate the market's growth during the forecast years. Furthermore, favorable government strategies are likely to accelerate the growth of the market. The rising collaboration of the manufacturers with several healthcare organizations boosts the overall market growth. The heavy investments in digital health create a positive outlook for the market. Mobile health platforms have gained widespread popularity during the COVID-19 pandemic. The pandemic encouraged people and doctors to adopt digital health platforms. The escalating demand for mobile health technology and remote patient monitoring catalyze market growth.  

mHealth Market Report Scope

Report Highlights: 

• Based on the component, mHealth apps dominated the market and accounted for the largest revenue share. Increasing penetration of the internet and smartphones significantly contribute to the market growth. The rising popularity of mobile health apps among healthcare professionals and the patient population positively influences the segment’s growth. The growing uptake of the app for remote patient monitoring, patient tracking, disease management, women's health app, personal health record management, etc. All these factors are anticipated to drive growth. The increasing prevalence of chronic diseases and the rising demand for remote patient management technologies boost the mHealth apps segment at the fastest rate. The growing recommendations by healthcare professionals accelerate segment growth over the forecast period. The Fitness apps segment is expected to witness a promising CAGR in the coming years.  
• Based on the services, the monitoring services dominated the market and accounted for the highest revenue share. The increasing incidence of infectious and chronic diseases significantly contributes to market growth. The rising demand for remote monitoring drives the growth of the segment. The growing number of people suffering from chronic ailments catalyzes the segment's growth. Chronic ailments require continuous monitoring. The surging demand for advanced monitoring services drives the growth. The heavy investments for inpatient monitoring accelerate segment growth. The diagnosis services are expected to witness the fastest growth rate. The increasing health consciousness and the rising number of applications drive the segment's growth. The growing demand for effective healthcare administration accelerates market growth. The rising use of smartphones and wearables for infectious and chronic disease management is anticipated to drive the segment over the years. 
• Based on the participants, mobile operators dominated the market and accounted for the largest revenue share. The improvements in network infrastructure drive the segment's growth. The increasing number of mobile subscribers is expected to drive the segment. The rising 3G and 4G technologies catalyze segment growth. The increasing trend of using smartphones boosts the growth of this segment. The rapid development of mobile healthcare apps drives the segment's growth. The development of medical health applications and technologies is also anticipated to drive segment growth.  
• Based on the region, North America dominated the market and accounted for the largest revenue share. This is due to the highly developed network infrastructure, growing healthcare expenditure, increasing incidences of chronic diseases, and expanding geriatric population. The favorable government initiatives significantly contribute to market growth across the region. The increasing adoption of mobile healthcare applications positively influences market growth. The rising burden of cardiovascular diseases is accelerating the demand in the region. The widespread availability of mHealth apps that can provide details boosts the market growth across the region. Asia Pacific region is expected to witness a promising CAGR in the coming years. This is due to increasing smartphone penetration. The rising government programs on the digitalization of healthcare are further expected to drive market growth over the forecast years.  

Market Dynamics:

Market Driver: Increasing Prevalence of chronic conditions 

The increasing incidence of chronic conditions drives the home diagnostics market growth. In line with this, an unhealthy urban lifestyle significantly contributes to market growth. Furthermore, the rising geriatric population catalyzes market growth. Senior people are more susceptible to diabetes and chronic conditions.

The escalating demand for user-friendly and portable diagnostic devices propels market growth. The demand for the point-of-care diagnostic is rapidly increasing with the surging cases of acute diseases worldwide. A significant surge in the occurrence of chronic diseases like cardiovascular disorders, diabetes, and infectious diseases is seen across the globe. The high prevalence of these diseases drives market growth.  

Market Opportunity: Rapid technological advancements  

Rapid advancements in mobile and digital technologies offer numerous opportunities for market growth. These technologies improve patient care quality and enhance development efficiency. Rapid technological advancements create a positive outlook for the market.

 The integration of artificial intelligence in mobile health applications positively influences market growth. The proliferation of medical electronics with advanced technologies offers lucrative opportunities for market expansion. High advancements in healthcare systems catalyze market growth.  

Market Restraint: Healthcare fraud 

Healthcare fund is essential to deliver remote patient monitoring services via mHealth apps. There are many ways how a person can fall prey to healthcare fraud. There can be healthcare fraud in remote patient monitoring systems in mHealth apps. All these factors restrict the market growth.  

Market Challenge: Concerns related to data security 

The public is facing concerns related to data security and privacy. This is expected to challenge the mHealth market growth. Moreover, competition pressure faced by healthcare providers impedes market growth.  

Key Developments: 

• In 2020, Allscripts partnered with Sheba Medical Center to improve patient care by developing AI-based technologies.  
• In September 2019, Apple Inc. developed a mHealth app to help researchers in clinical studies. 

Market Key Players:

• Bayer Healthcare
• Boston Scientific Corporation
• Dexcom, Inc.
• Johnson & Johnson
• Koninklijke Philips N.V
• Masimo Corporation
• Medtronic plc
• Omron Corporation
• Samsung Group
• Sanofi

Market Segmentation:

By Component

• Apps
  • Medical Apps
    • Women’s Health
    • Personal Health Record Apps
    • Medication Management Apps
    • Disease Management Apps
    • Diagnostic Apps
    • Remote Monitoring Apps
    • Others
  • Fitness Apps
    • Exercise & Fitness
    • Diet & Nutrition
    • Lifestyle & Stress
• Wearables
  • BP Monitors
  • Glucose Meters
  • Pulse Oximeters
  • Sleep Apnea Monitors (PSG)
  • Neurological Monitors
  • Activity Trackers/ Actigraphs

By Application

• Diagnosis
• Monitoring
  • Independent Aging Solutions
  • Chronic Disease Management & Post-acute Care Services
• Treatment
• Others

By Participants

• Mobile Operators
• Device Vendors
• Content Players
• Healthcare Providers

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