The Global mHealth Apps Market size is expected to reach USD
236.0 billion by 2026, according to a new report by Grand View Research, Inc.
It is projected to expand at a CAGR of 44.7% during the forecast period. The
market is majorly driven by increasing adoption of advanced technologies in
healthcare facilities and the need to reduce long waiting periods to access
healthcare facilities from specialists.Availability of mobile applications for
users is witnessing a rapid growth, especially healthcare apps that assist
consumers in self-management of disease, wellness, and chronic conditions. This
increased role of patients coupled with the rising importance in staying
updated and informed about their own healthcare decisions, contributing to the
rise in adoption of mHealth apps globally.
Healthcare industry has been transitioning towards a
value-based care model with mHealth becoming a widespread trend owing to the
advent of technologies such as remote monitoring, electronic medical record,
and other communication platforms. The increasing prevalence of disorders, such
as diabetes, hypertension, cancer, and obesity along with the growing awareness
about wellness and other preventive measures diseases among patients is
expected to boost the mHealth market growth.
mHealth leverages from the 4Ps: personalized,
predictive, participatory, and preventive measures for care delivery to provide
optimal care to users. Moreover, rising penetration of smartphones, and other
electronic devices, especially, in low- and middle-income countries and increasing
focus on the use of mobile technology to manage care delivery is anticipated to
benefit the market.
Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/mhealth-app-market
https://www.grandviewresearch.com/industry-analysis/mhealth-app-market
Further key findings from the
report suggest:
- Rapid
growth in chronic diseases along with the rise in the number of app users
is accountable for the mHealth apps market growth
- The
types of mHealth apps include fitness, lifestyle management, nutrition and
diet, women’s health, medication adherence, healthcare providers, and
disease management. Of these, the fitness category accounted for the
majority of segment share in 2018
- mHealth
app vendors are focusing their attention on women's health, diet, and
medication reminders. According to Wired, a mobile advertising and
analytics platform, women are more inclined toward tracking their health
than men
- Physicians
are increasingly recommending the use of mHealth apps to their patients,
which is likely to increase the adoption rate of mHealth apps
- North
America led the mhealth applications market in 2018 in terms of revenue
share pertaining to the technological advancements and presence of major
players in the region
- Some
of the key players are Johnson & Johnson; Abbott Laboratories;
AstraZeneca; Bristol-Myers Squibb Company; F. Hoffmann-La Roche Ltd;
Novartis AG; GlaxoSmithKline plc; Merck and Co., Inc.; Pfizer; and Sanofi
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
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