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mHealth Market Size 2019 Potential Growth, Share, Demand and Analysis of Key Players- Research Forecasts to 2025

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mHealth Market size is set to exceed USD 289.4 billion by 2025; according to a new research report by Global Market Insights.

— Germany is projected to be one of the most lucrative regional grounds for the Europe mHealth market in the years ahead. One of the principal reasons for the same is the ever-increasing use of smartphone applications and the adoption of wearables in the region. Not to mention, the exponential growth of enterprises offering these wearables & applications is also a vital contributing factor for the Germany mHealth market expansion. As a matter of fact, Germany mHealth industry size is anticipated to reach the $22,277.1 million renumeration mark by 2025.

Increasing focus on personalized care and precision medicine will stimulate mHealth market growth over the forecast period. Various pharmaceutical and healthcare companies are using apps and wearable devices to collect patient information and use that data to provide a holistic solution. Increasing online patient communities, growing usage of social media platforms for providing healthcare solutions and rising influence of advanced technologies will boost industry growth in the future.

mHealth Market size is set to exceed USD 289.4 billion by 2025; according to a new research report by Global Market Insights.

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The meteorically rising focus towards precision medicine and personalized care is one of factors stimulating the global mHealth market, alongside the increasing proliferation of smartphones & tablets. The proliferation of mHealth has indeed helped facilitate healthcare, improve health outcomes and enhance health-related research. Numerous healthcare and pharmaceutical enterprises presently use wearable devices as well as medical smartphone applications to collect vast amounts of health-related information from their patients to facilitate holistic solutions to global health problems – an apt instance of the expansion of the mHealth industry.
The rapidly increasing use of smartphones across the globe has provided the healthcare industry with an extremely lucrative opportunity to exploit mHealth. Estimates claim that in UK alone, 78% of the total population used cellphones in 2018 – a significant up from, the 17% in 2008. This sharp growth in mobile phone users coupled with increasing technological advancements that have enabled better level of connectivity would be augmenting the growth of the mHealth market further over the coming years.
According to the European Commission, mHealth is termed as a sub-segment of the continent’s eHealth system and is apparently developing at an exponential rate. The numerous mHealth smartphone applications in the region represent an unprecedented variety with some remote monitoring or self-assessment apps helping patients manage their health more actively, enabling them to live their lives more independently and others helping healthcare professionals treat their patients in a more efficient manner.

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The growth of the Europe mHealth market would also be further supported by the EU’s Horizon 2020 initiative, an extensive research & innovation program that aims on personalizing health & care to support European citizens’ empowerment through disease prevention, health promotion and disease & health self-management.

The contribution from India & China is still a fraction of their total population and, based on pervious numbers, the traffic from these two nations is expected to increase further. As recorded in 2017, internet traffic through smartphones in India alone witnessed a 290% rise since 2014. While, China’s contribution is slower, each new percentage added to the count brings millions new users into the fold. This staggering amount of growth is expected to make the APAC landscape extremely conducive for the growth of the mHealth market. China has a crucial role to play here – indeed, China mHealth market size is anticipated to register a CAGR of 39.8% over 2019-2025.

Attributing to the factors, it is unmistakably clear, that the global mHealth market is slated to depict unprecedented growth in the years to come. According to Global Market Insights, Inc., the overall mHealth market size is expected to exceed the $289.4 billion renumeration mark by 2025.

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Report Content

Chapter 1.Methodology
1.1. Methodology
1.2. Market definition
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary sources sources
1.4.2. Primary
Chapter 2.Executive Summary
2.1. mHealth industry 3600 synopsis, 2014 - 2025
2.1.1.Business trends
2.1.2.Platform trends
2.1.3.Application trends
2.1.4.End-use trends
2.1.5.Regional trends
Chapter 3.mHealth Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 – 2025
3.3. Industry impact forces
3.3.1.Growth drivers penetration of mobile phones and internet incidence of chronic diseases amount of cost-saving in healthcare delivery adoption of smart wearable medical devices government policies
3.3.2.Industry pitfalls & challenges and privacy issues regulatory policies of knowledge in developing countries
3.4. Growth potential analysis
3.4.1.By platform
3.4.2.By application
3.4.3.By end-use
3.5. Regulatory Landscape
3.6. Porter’s analysis
3.7. Impact of mHealth projects
3.8. mHealth startup scenario
3.9. Competitive landscape, 2017
3.9.1.Strategy dashboard
3.10. PESTEL analysis

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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global market insights
Phone: 1-888-689-0688

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Release ID: 88910100

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