mHealth Market Future Scope, Demands and Projected Industry Growths to 2025
Date: 2020-03-03   Author: Rahul Varpe  Category: #news

mHealth Market Future Scope, Demands and Projected Industry Growths to 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.

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.

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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.

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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.

Report Content

Chapter 1.Methodology

1.1. Methodology

1.2. Market definition

1.3. Forecast parameters

1.4. Data sources

1.4.1. Secondary

1.4.1.1.Paid sources

1.4.1.2.Unpaid 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

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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

3.3.1.1.Increasing penetration of mobile phones and internet

3.3.1.2.Growing incidence of chronic diseases

3.3.1.3.Vast amount of cost-saving in healthcare delivery

3.3.1.4.Rising adoption of smart wearable medical devices

3.3.1.5.Favorable government policies

3.3.2.Industry pitfalls & challenges

3.3.2.1.Security and privacy issues

3.3.2.2.Stringent regulatory policies

3.3.2.3.Lack 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

3.5.1.U.S.

3.5.2.Europe

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



About Author


Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for algosonline. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. ...

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