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Global mHealth Market Size

Global mHealth Market size was valued at USD 51.8 billion in 2021 and is poised to grow from USD 56.8 billion in 2022 to USD 130.6 billion by 2030, growing at a CAGR of 10.8% in the forecast period (2023-2030).

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Global mHealth Market Size

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  1. Global mHealth Market Size, Share, Growth Analysis, By Product, By Service, By Participants - Industry Forecast 2023-2030 Global mHealth Market size was valued at USD 51.8 billion in 2021 and is poised to grow from USD 56.8 billion in 2022 to USD 130.6 billion by 2030, growing at a CAGR of 10.8% in the forecast period (2023-2030). The use of mobile and wireless communication technologies to improve health care delivery, outcomes, and research is known as mobile health or mHealth. With the rise in smartphone usage worldwide, it is positioned to play a key role in patient self-care. Due to developments insmartphone software and hardware, as well as the increasing availability of wearable devices, the health app market has grown at an exponential rate. Clinical practices must adapt to mHealth and the medical community's evidence that mHealth is safe and effective. Its convenience is one of its primary benefits for users. Wearable devices and othermobile technologies enable users to monitor and control their health data in real time. Patients can use this to contact with their doctors or the care team without needing to meet in person, which can help bridge care gaps. It also allows healthcare providers to share patient information with one another, such as alerting a nurse when a patient arrives for an appointment. Some mobile health apps, such as Apple Health, can connect to a patient's electronic health record, allowing users to view health data on their iPhone or iPad. Analysis by Product The mHealth apps market is further segmented into medical apps and healthcare apps. With the increasing penetration of the internet and smartphones and increased adoption of mobile health apps by healthcare

  2. professionals and consumers, the segment is projected to grow at a very rapid pace throughout the period. Furthermore, increasing awareness of the benefits of adopting mobile health applications for remote health monitoring, patient tracking, prescription management, disease prevention, fitness and wellness, and personal health record management will drive revenue growth in the sector. Increasing the use of mobile health apps by healthcare providers to improve clinical engagement, as well as increasing the use of fitness apps in mHealth applications, will drive revenue growth in this segment. outcomes and patient Analysis by Service The remote monitoring service segment is expected to register a significantly faster revenue growth rate during the forecast period. Revenue growth in this category is driven by the increasing prevalence of infectious and chronic diseases, as well as increasing demand for remote monitoring technology in post-acute care. The increasing number of chronic disease patients has become a serious social problem in China. Many of these chronic conditions require continuous monitoring, fueling the nation's desire for advanced monitoring systems. Moreover, major corporations are increasing their spending on in-patient monitoring, which is estimated to help the revenue growth of this segment during the projection period. View more info: https://www.skyquestt.com/report/mhealth-market Top Player’s Company Profiles •Google •Philips •Qualcomm •Cisco Systems •Johnson & Johnson •Cerner

  3. About us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happyclients globally. Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 617-230-0741 Email: sales@skyquestt.com linkedin Twitter Facebook

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