MHealth Services Market Share Analysis Report, 2022-2030
The global mHealth Services market gathered revenue around USD 112.4 Bn billion in 2021 and market is set to grow USD 417.6 billion by the end of 2030 and is estimated to expand at a modest CAGR of 16.2% during the prediction period 2022 to 2030.
mHealth services are defined as the use of electronic devices such as mobile phones or other wireless technologies for medical care. mHealth solutions help in educating consumers about preventive healthcare services. It is also used for disease surveillance, treatment support, chronic disease management, and epidemic outbreak tracking. The global mHealth services market is expected to witness strong growth over the next few years, due to a rise in the adoption of mHealth technology among people.
According to the latest report published by Nova one advisor, the global mHealth services market is likely to register a high growth rate during the forecast period, as it is a fast-growing and technology-driven service. Such trends are expected to change the way healthcare services are delivered globally.
Report Scope of the mHealth Services Market
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Report Coverage |
Details |
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Market Size |
US$ 417.6 Billion by 2030 |
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Growth Rate |
CAGR of 16.2% from 2022 to 2030 |
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Largest Market |
North America |
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Fastest Growing Market |
Asia Pacific |
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Base Year |
2021 |
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Forecast Period |
2022 to 2030 |
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Segments Covered |
Service, Application, End-user and Region, |
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Companies Mentioned |
AT&T, Inc., Apple, Inc., Airstrip Technologies, Inc., Alcatel-Lucent, Cerner Corporation, Qualcomm, Inc., Diversinet Corp., Koninklijke Philips N.V., SoftServe, Inc., Symantec Corporation, and Vodafone Group plc. |
mHealth Services Market – Scope of Report
Nova one advisor report on the global mHealth services market studies the past as well as current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2030. The report provides revenue of the global mHealth services market for the period 2017–2030, considering 2021 as the base year and 2030 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global mHealth services market from 2022 to 2030.
The mHealth services market report has been prepared after extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the mHealth services market.
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global mHealth services market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global mHealth services market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global mHealth services market.
The report investigates competitive landscape of the global mHealth services market. Key players operating in the global mHealth services market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global mHealth services market profiled in this report.
New Developments Enable Use of mHealth Solutions in Diagnosis and Treatment of Patients
An increase in the number of applications for mobile health in the past three to four years has driven growth of the global mHealth services market, and this trend is likely to continue during the forecast period. Earlier, mHealth applications included only monitoring services and users could monitor their daily diet for nutrition and calorie intake. However, with new developments, newer application areas such as health data access and management of chronic diseases have been identified & are being explored for possible health applications.
Consequently, applications of mHealth services have been extended beyond conventional modes, and they now include diagnostic services, preventive services, treatment services, emergency response services, and doctor assistance services.
mHealth Holds Potential to Reduce Number of Deaths and Improve Patient Outcomes
An increase in the incidence of chronic diseases holds the potential for future market demand for mHealth services in the upcoming years. Mobile healthcare services help the independent geriatric population to immediately access different healthcare services and hence, are being increasingly preferred by them.
Chronic diseases require long-term medication and continuous monitoring, which can be provided with ease using mobile health technology, services, and solutions. Moreover, monitoring of chronic diseases and their treatment involves high costs due to continuous/regular monitoring & interventions required in the long term. As shown in the figure below, deaths due to chronic diseases such as diabetes, cancer, and cardiovascular diseases (CVDs) increased in the last decade. Other commonly known chronic diseases are chronic lung diseases, including asthma, Alzheimer’s, Crohn’s disease, and the likes.
Therefore, a rise in demand for the management and monitoring of chronic diseases is likely to steer growth of the global mHealth services market during the forecast period. Recent developments in the mhealth services market hold promising potential to reduce the number of deaths caused due to chronic diseases since mHealth technology is a cost-effective medium for delivering basic healthcare services to patients.
Patient-centric mHealth Solutions Help Improve Diagnosis of Medical Conditions
In terms of service, the global mHealth services market has been bifurcated into solutions for patients and healthcare system strengthening. The solutions for patients segment has been split into wellness, prevention service, monitoring service, diagnostic service, treatment service, and information & reference. This segment is one of the fastest growing markets for mhealth, since patient-centric services such as point-of-care diagnostics, medication management, and medical imaging are some of the recent developments in the mHealth services market.
The healthcare system strengthening segment has been segregated into emergency response, health care practitioner support, and healthcare surveillance. The solutions for patients service segment was the largest revenue generator of the mHealth services market, accounting for a significant share of 85.6% in 2021. This trend is anticipated to continue during the forecast period due to the high demand for emergency response services. Innovations in mHealth mobile apps are a key driving factor for the strengthening of emergency response services with the help of speed dial to doctors and clinicians.
mHealth Apps Transforming Healthcare & Fitness Industry for Health-conscious Individuals
Based on application, the global mHealth services market has been categorized into general healthcare & fitness, medication information, remote monitoring, collaboration, and consultancy; healthcare management, and health data & record access. Leading players in the mhealth services market are aiming toward the promotion, implementation, and validation of mHealth apps that are growing prominent in both developed & developing economies.
The general healthcare & fitness segment held a relatively large revenue share of around 68.1% in 2021, and the trend is projected to continue during the forecast period. The segment's large share can be attributed to increase in the number of health-conscious individuals and rise in the need of independence among the fitness-conscious population. Various applications such as remote monitoring and healthcare management are likely to boost the growth of the mHealth services market.
Individual Users Key Target Customers for Companies in mHealth Services Market
In terms of end-user, the global mHealth services market has been divided into public/private healthcare institutions, physicians, healthcare workers, and individuals. The individuals segment dominated the global mHealth services market in 2021, accounting for around 49.8% share. The segment is expected to grow at the highest CAGR during the forecast period due to an increase in awareness about the advantages of mHealth services. A rise in demand for mHealth services among individual users can be ascribed to the availability of self-operated monitoring equipment/devices, such as blood sugar level tester and BP monitor.
Regional Outlook of mHealth Services Market
North America held the largest share of 42.14% of the global mHealth services market in 2021. This can be attributed to rise in the prevalence of chronic diseases, technological advancements, and increase in awareness about mobile healthcare services. New market players are investing in software developments for mHealth services in order to make it an easy-to-use interface between a healthcare provider and a patient or any individual.
Europe held 33.55% share of the global market in 2021. The region's dominance can be attributed to increase in diagnostic facilities, rise in usage of mHealth services by various consumers, and focus of existing & new players on this market.
The Asia Pacific region held a larger revenue share of the global market in 2021 compared to Latin America and Middle East & Africa. However, the market in Latin America is expected to propel at a faster growth rate than Middle East & Africa. Since all these regions have a high number of developing economies, companies in the mHealth services market are boosting the penetration of mHealth technology, especially to support mother and child health in rural & underdeveloped areas.
Some of the prominent players in the MHealth Services Market include:
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Points Covered in MHealth Services Market Study:
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global mHealth Services Market
4. Market Overview
4.1. Introduction
4.1.1. Service Definition
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global MHealth Services Market Analysis and Forecast, 2017–2030
4.4.1. Market Revenue Projections (US$ Mn)
5. Key Insights
5.1. Technological Advancements
5.2. Key Mergers & Acquisitions
5.3. Porter’s Five Force Analysis
5.4. COVID-19 Pandemics Impact on Industry (value chain and short / mid / long term impact)
6. Global mHealth Services Market Analysis and Forecast, By Service
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value Forecast, by Service, 2017–2030
6.3.1. Solutions for Patients
6.3.1.1. Wellness
6.3.1.2. Prevention Service
6.3.1.3. Monitoring Service
6.3.1.4. Diagnostic Service
6.3.1.5. Treatment Service
6.3.1.6. Information & Reference
6.3.2. Healthcare System Strengthening
6.3.2.1. Emergency Response
6.3.2.2. Health Care Practitioner Support
6.3.2.3. Healthcare Surveillance
6.4. Market Attractiveness Analysis, By Service
7. Global MHealth Services Market Analysis and Forecast, By Application
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Market Value Forecast, by Application, 2017–2030
7.3.1. General Healthcare & Fitness
7.3.2. Medication Information
7.3.3. Remote Monitoring, Collaboration, and Consultancy
7.3.4. Healthcare Management
7.3.5. Health Data & Record Access
7.4. Market Attractiveness Analysis, By Application
8. Global MHealth Services Market Analysis and Forecast, By End-user
8.1. Introduction & Definition
8.2. Key Findings / Developments
8.3. Market Value Forecast, by End-user, 2017–2030
8.3.1. Public/Private Healthcare Institutions
8.3.2. Physicians
8.3.3. Healthcare Workers
8.3.4. Individuals
8.4. Market Attractiveness Analysis, By End-user
9. Global MHealth Services Market Analysis and Forecast, By Region
9.1. Key Findings
9.2. Market Value Forecast, by Region
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Latin America
9.2.5. Middle East & Africa
9.3. Market Attractiveness Analysis, By Region
10. North America MHealth Services Market Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. Market Value Forecast, by Service, 2017–2030
10.2.1. Solutions for Patients Wellness
10.2.1.1. Prevention Service
10.2.1.2. Wellness
10.2.1.3. Monitoring Service
10.2.1.4. Diagnostic Service
10.2.1.5. Treatment Service
10.2.1.6. Information & Reference
10.2.2. Healthcare System Strengthening
10.2.2.1. Emergency Response
10.2.2.2. Health Care Practitioner Support
10.2.2.3. Healthcare Surveillance
10.3. Market Value Forecast, by Application, 2017–2030
10.3.1. General Healthcare & Fitness
10.3.2. Medication Information
10.3.3. Remote Monitoring, Collaboration, and Consultancy
10.3.4. Healthcare Management
10.3.5. Health Data & Record Access
10.4. Market Value Forecast, by End-user, 2017–2030
10.4.1. Public/Private Healthcare Institutions
10.4.2. Physicians
10.4.3. Healthcare Workers
10.4.4. Individuals
10.5. Market Value Forecast, by Country, 2017–2030
10.5.1. U.S.
10.5.2. Canada
10.6. Market Attractiveness Analysis
10.6.1. By Service
10.6.2. By Application
10.6.3. By End-user
10.6.4. By Country
11. Europe MHealth Services Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Market Value Forecast, by Service, 2017–2030
11.2.1. Solutions for Patients Wellness
11.2.1.1. Prevention Service
11.2.1.2. Wellness
11.2.1.3. Monitoring Service
11.2.1.4. Diagnostic Service
11.2.1.5. Treatment Service
11.2.1.6. Information & Reference
11.2.2. Healthcare System Strengthening
11.2.2.1. Emergency Response
11.2.2.2. Health Care Practitioner Support
11.2.2.3. Healthcare Surveillance
11.3. Market Value Forecast, by Application, 2017–2030
11.3.1. General Healthcare & Fitness
11.3.2. Medication Information
11.3.3. Remote Monitoring, Collaboration, and Consultancy
11.3.4. Healthcare Management
11.3.5. Health Data & Record Access
11.4. Market Value Forecast, by End-user, 2017–2030
11.4.1. Public/Private Healthcare Institutions
11.4.2. Physicians
11.4.3. Healthcare Workers
11.4.4. Individuals
11.5. Market Value Forecast, by Country/Sub-region, 2017–2030
11.5.1. Germany
11.5.2. U.K.
11.5.3. France
11.5.4. Italy
11.5.5. Spain
11.5.6. Rest of Europe
11.6. Market Attractiveness Analysis
11.6.1. By Service
11.6.2. By Application
11.6.3. By End-user
11.6.4. By Country/Sub-region
12. Asia Pacific MHealth Services Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Market Value Forecast, by Service, 2017–2030
12.2.1. Solutions for Patients
12.2.1.1. Prevention Service
12.2.1.2. Wellness
12.2.1.3. Monitoring Service
12.2.1.4. Diagnostic Service
12.2.1.5. Treatment Service
12.2.1.6. Information & Reference
12.2.2. Healthcare System Strengthening
12.2.2.1. Emergency Response
12.2.2.2. Health Care Practitioner Support
12.2.2.3. Healthcare Surveillance
12.3. Market Value Forecast, by Application, 2017–2030
12.3.1. General Healthcare & Fitness
12.3.2. Medication Information
12.3.3. Remote Monitoring, Collaboration, and Consultancy
12.3.4. Healthcare Management
12.3.5. Health Data & Record Access
12.4. Market Value Forecast, by End-user, 2017–2030
12.4.1. Public/Private Healthcare Institutions
12.4.2. Physicians
12.4.3. Healthcare Workers
12.4.4. Individuals
12.5. Market Value Forecast, by Country/Sub-region, 2017–2030
12.5.1. China
12.5.2. Japan
12.5.3. India
12.5.4. Australia & New Zealand
12.5.5. Rest of Asia Pacific
12.6. Market Attractiveness Analysis
12.6.1. By Service
12.6.2. By Application
12.6.3. By End-user
12.6.4. By Country/Sub-region
13. Latin America MHealth Services Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Market Value Forecast, by Service, 2017–2030
13.2.1. Solutions for Patients
13.2.1.1. Prevention Service
13.2.1.2. Wellness
13.2.1.3. Monitoring Service
13.2.1.4. Diagnostic Service
13.2.1.5. Treatment Service
13.2.1.6. Information & Reference
13.2.2. Healthcare System Strengthening
13.2.2.1. Emergency Response
13.2.2.2. Health Care Practitioner Support
13.2.2.3. Healthcare Surveillance
13.3. Market Value Forecast, by Application, 2017–2030
13.3.1. General Healthcare & Fitness
13.3.2. Medication Information
13.3.3. Remote Monitoring, Collaboration, and Consultancy
13.3.4. Healthcare Management
13.3.5. Health Data & Record Access
13.4. Market Value Forecast, by End-user, 2017–2030
13.4.1. Public/Private Healthcare Institutions
13.4.2. Physicians
13.4.3. Healthcare Workers
13.4.4. Individuals
13.5. Market Value Forecast, by Country/Sub-region, 2017–2030
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Market Attractiveness Analysis
13.6.1. By Service
13.6.2. By Application
13.6.3. By End-user
13.6.4. By Country/Sub-region
14. Middle East & Africa MHealth Services Market Analysis and Forecast
14.1. Introduction
14.1.1. Key Findings
14.2. Market Value Forecast, by Service, 2017–2030
14.2.1. Solutions for Patients
14.2.1.1. Prevention Service
14.2.1.2. Wellness
14.2.1.3. Monitoring Service
14.2.1.4. Diagnostic Service
14.2.1.5. Treatment Service
14.2.1.6. Information & Reference
14.2.2. Healthcare System Strengthening
14.2.2.1. Emergency Response
14.2.2.2. Health Care Practitioner Support
14.2.2.3. Healthcare Surveillance
14.3. Market Value Forecast, by Application, 2017–2030
14.3.1. General Healthcare & Fitness
14.3.2. Medication Information
14.3.3. Remote Monitoring, Collaboration, and Consultancy
14.3.4. Healthcare Management
14.3.5. Health Data & Record Access
14.4. Market Value Forecast, by End-user, 2017–2030
14.4.1. Public/Private Healthcare Institutions
14.4.2. Physicians
14.4.3. Healthcare Workers
14.4.4. Individuals
14.5. Market Value Forecast, by Country/Sub-region, 2017–2030
14.5.1. GCC Countries
14.5.2. South Africa
14.5.3. Rest of Middle East & Africa
14.6. Market Attractiveness Analysis
14.6.1. By Service
14.6.2. By Application
14.6.3. By End-user
14.6.4. By Country/Sub-region
15. Competition Landscape
15.1. Market Player - Competition Matrix (by tier and size of companies)
15.2. Market Share Analysis, by Company, 2021
15.3. Company Profiles
15.3.1. AT&T, Inc.
15.3.1.1. Company overview
15.3.1.2. Financial overview
15.3.1.3. Business strategies
15.3.1.4. SWOT analysis
15.3.1.5. Recent developments
15.3.2. Apple, Inc.
15.3.2.1. Company overview
15.3.2.2. Financial overview
15.3.2.3. Business strategies
15.3.2.4. SWOT analysis
15.3.2.5. Recent developments
15.3.3. Airstrip technologies, Inc.
15.3.3.1. Company overview
15.3.3.2. Financial overview
15.3.3.3. Business strategies
15.3.3.4. SWOT analysis
15.3.3.5. Recent developments
15.3.4. Alcatel-Lucent
15.3.4.1. Company overview
15.3.4.2. Financial overview
15.3.4.3. Business strategies
15.3.4.4. SWOT analysis
15.3.4.5. Recent developments
15.3.5. Cerner Corporation
15.3.5.1. Company overview
15.3.5.2. Financial overview
15.3.5.3. Business strategies
15.3.5.4. SWOT analysis
15.3.5.5. Recent developments
15.3.6. Qualcomm, Inc.
15.3.6.1. Company overview
15.3.6.2. Financial overview
15.3.6.3. Business strategies
15.3.6.4. SWOT analysis
15.3.6.5. Recent developments
15.3.7. Diversinet Corp.
15.3.7.1. Company overview
15.3.7.2. Financial overview
15.3.7.3. Business strategies
15.3.7.4. SWOT analysis
15.3.7.5. Recent developments
15.3.8. Koninklijke Philips N.V.
15.3.8.1. Company overview
15.3.8.2. Financial overview
15.3.8.3. Business strategies
15.3.8.4. SWOT analysis
15.3.8.5. Recent developments
15.3.9. SoftServe, Inc.
15.3.9.1. Company overview
15.3.9.2. Financial overview
15.3.9.3. Business strategies
15.3.9.4. SWOT analysis
15.3.9.5. Recent developments
15.3.10. Symantec Corporation
15.3.10.1. Company overview
15.3.10.2. Financial overview
15.3.10.3. Business strategies
15.3.10.4. SWOT analysis
15.3.10.5. Recent developments
15.3.11. Vodafone Group plc
15.3.11.1. Company overview
15.3.11.2. Financial overview
15.3.11.3. Business strategies
15.3.11.4. SWOT analysis
15.3.11.5. Recent developments
Cross-segment Market Size and Analysis for
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