mHealth Market in the APAC to witness tremendous growth by 2030

mHealth Market Overview:

mHealth Market size was worth USD 50.8 Billion in 2021, accounting for a CAGR of 11.3% during the forecast period (2022-2030), and the market is projected to be worth USD 133.1 Billion by 2030. Detailed analysis and research with respect to values, statistics, and drivers, restraints, and opportunities are accurate for the buyers to decide their goals and objectives. Every driving is elaborated with proper research and statistics from various major economies. The report is not only limited to the driving factors, opportunities, and challenges, but also comprise past scenario and consumer behavior, ongoing trends, and the future insights so that the companies can decide their production volume and reduce wastage.

Market Definition:

The mHealth market refers to the industry that produces and sells mobile health technologies, including mobile applications, wearable devices, remote monitoring tools, and other digital health solutions, that allow individuals to manage their health and wellness using their mobile devices, such as smartphones, tablets, or wearable devices.  

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Market Competitors:

Some of the Key Players that are Profiled in this Reports:

• Telefónica S.A.
• AT&T (TheoremOne, LLC)
• SoftServe, Inc.
• AirStrip Technologies, Inc.
• Google, Inc., (Alphabet Inc.)
• Samsung Electronics Co. Ltd.
• Allscripts Healthcare, LLC
• Qualcomm Technologies, Inc.
• Omron Healthcare Co. Ltd. (Omron Corporation)
• Masimo Corporation

By Product and Service        

mHealth Apps (Health Management Apps (Fitness, Lifestyle Changes, Medication Reminders, Wellness Management, Diet & Nutrition, and Others), Disease Management Apps (Mental Health, Diabetes, Cardiovascular Disease, Women’s Health and Pregnancy, and Others), and Connected Medical Devices (Glucose and Blood Pressure Monitor, Peak Flow Meter, Pulse Oximeter, ECG/Heart Rate Monitor, Sleep Apnea Monitor, Neurological Monitoring Devices, Fitness Devices, and Others)

By Service Type         

Remote Monitoring and Consultation

By geography

• North America– (U.S., Canada, Mexico)
• Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
• Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
• Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
• The Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)

Competitive Analysis:

The mHealth Market Growth is segmented on the basis of product, application, end user, and geography. Moreover, the industry players profiled in the report are increasingly adopting various growth strategies to create niche market in the industry, increase their sales, and ultimately expand their global reach. The market is majorly dominated in geographies like North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.

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