mHealth Market Projected To Gain An Uptick During 2021 - 2027

mHealth Market Projected To Gain An Uptick During 2021 - 2027

Jun 9, 2021, 1:07:13 PM Business

mHealth Market Overview

The mHealth market is anticipated to grow by US$21.71Billion by 2022 rapidly growing at a CAGR of 36.5% during the forecast period 2016 - 2022. The global mHealth market is driven by changing legal as well as regulatory workflow dynamics and the intense competitive rivalry. These factors have helped shape the mHealth market and are expected to boost the growth. Companies in the mHealth market could also face challenges such as lack of awareness and high cost of home healthcare devices. The details covered in the mHealth market report cover all the aspects of the industry. MHealth market analysts have also shared growth projections in the report and have suggested mHealth market players to plan growth strategies accordingly. 

mHealth Market Segmentation 

The global mHealth market has been segmented based on therapeutics and application. On the basis of therapeutics, the market for mHealth is segmented based on fitness & lifestyle, mental and neurological disorders, respiratory. Additionally, the market on the basis of application, is segmented into diagnosis & treatment, wellness & prevention, and monitoring. 

Factors like increasing growth of personal health devices and patients’ growing interest in personal healthcare products support the mHealth market growth. The performance of mHealth market has also been studied for the past and current years. Additionally, the mHealth market report provides analysis of these segments. The mHealth market segmental analysis provided in the report offers major details about the mHealth market performance and future. 

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mHealth Market Regional Overview 

Companies in the mHealth market are spread across the world. The mHealth market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American mHealth market has many companies across the United States, Canada, and Mexico. Europe has companies in the mHealth market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the mHealth market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The mHealth market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the mHealth market can be found in the market research report. An insightful blend of primary and secondary research material, including feedback from leading industry representatives, was used to conduct the analysis. In conjunction with an overview of the market players, the report provides a detailed market and competitor landscape. 

mHealth Market Competitive Landscape 

The mHealth market is supported by integration of smartphones along with wearables into the healthcare industry. The population growth around the world and increasing demand of mHealth market based services and products also support the market growth. However, the mHealth market growth can be affected due to lack of clarity about certain government policies in some parts of the world. The report covers all such details which will help companies in the mHealth market to strengthen their business plan and improve their product portfolio. The mHealth market research report also provides company profiles of major companies. The company profiles of many organizations operating in the mHealth market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the mHealth market. New companies and established businesses can plan their strategies based on this data provided in the mHealth market research report. 

mHealth Industry News 

Regionally or elsewhere, a recent fund launched by Minneapolis-based Davis has already been scooping up major hospital assets. During the first quarter, the fund, renamed Davis Medical Investors, closed eight medical commercial buildings covering 309,735 square feet at a valuation of $112 million. Davis itself created three of such buildings.

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Published by Sapana Supekar

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