Global Mhealth Apps Market Size By Type (Disease & Treatment Management, Wellness Management), By Application (Monitoring Services, Fitness Solutions, Diagnostic Services), By Distribution Channel (Google Play Store, Apple App Store), By Geographic Scope And Forecast

Report ID: 129358|No. of Pages: 202

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Global Mhealth Apps Market Size By Type (Disease & Treatment Management, Wellness Management), By Application (Monitoring Services, Fitness Solutions, Diagnostic Services), By Distribution Channel (Google Play Store, Apple App Store), By Geographic Scope And Forecast

Report ID: 129358|Published Date: Nov 2024|No. of Pages: 202|Base Year for Estimate: 2024|Format:   Report available in PDF formatReport available in Excel Format

Mhealth Apps Market Size And Forecast

Mhealth Apps Market size was valued at USD 136.14 Billion in 2024 and is projected to reach USD 672.54 Billion by 2031, growing at a CAGR of 22.1% from 2024 to 2031.

  • Mhealth apps, also known as mobile health applications, are software programs that deliver healthcare services and information via mobile devices like smartphones and tablets. These apps provide a variety of features, including vital sign monitoring, chronic condition management, medication reminders, and telemedicine consultations. They are used by healthcare professionals and patients to improve healthcare outcomes, promote healthy lifestyles, and improve patient-provider communication. Mhealth apps are especially useful for controlling diabetes, heart disease, and mental health since they give real-time data, remote monitoring, and personalized health insights.
  • Advancements in mobile technology, artificial intelligence, and 5G connectivity are driving considerable growth in the mhealth apps market. These apps are likely to play an increasingly important role in preventive care, early detection, and individualized treatment strategies. The combination of wearable technologies and AI will improve their capabilities, allowing for more precise monitoring and prediction of health issues.
  • As telemedicine becomes more popular, mhealth apps will gain traction in rural and underserved areas, resulting in more equitable access to healthcare services around the world. Regulatory support and rising customer demand for convenient, digital healthcare solutions will drive this market expansion.

Mhealth Apps Market is estimated to grow at a CAGR of 22.1% & reach US$ 672.54 Bn by the end of 2031

Global Mhealth Apps Market Dynamics

The key market dynamics that are shaping the global mhealth apps market include:

Key Market Drivers:

  • Increasing Smartphone Penetration: The increasing adoption of smartphones is a major driver of the mHealth apps market. According to the Pew Research Center, by 2021, 85% of Americans will own a smartphone, up significantly from 35% in 2011. This high smartphone adoption expands the user population for mHealth apps, making healthcare more accessible via mobile platforms. With smartphones’ increasing functionality and connection, consumers can readily access health information, track wellness, and receive remote medical care, fueling demand for these apps.
  • Increasing Healthcare Costs: Rising healthcare expenditures are encouraging the use of mHealth apps as a more cost-effective solution. According to CMS, U.S. healthcare spending would climb by 9.7% in 2020, reaching USD 1 Trillion, or $12,530 per person. These apps provide a more cost-effective alternative by allowing for remote monitoring, minimizing hospital visits, and enhancing chronic condition self-management. mHealth apps assist both clinicians and consumers save money by increasing healthcare efficiency, reducing unnecessary procedures, and delivering prompt interventions.
  • Growing Focus on Preventive Healthcare: The rising emphasis on preventive healthcare is fueling demand for wellness and fitness apps. The Global Wellness Institute estimated that the global wellness business was worth USD 9 Trillion in 2019, with a projected increase to USD 7 Trillion by 2025. This increase indicates growing consumer interest in proactive health management using digital tools. Preventive care applications allow users to monitor their health, measure fitness, and receive early alerts for potential health issues, which helps them maintain better lifestyles.

Key Challenges:

  • Data Privacy and Security Concerns: As mHealth apps handle sensitive medical and personal information, data privacy and security are crucial considerations. Breaches or mismanagement of data can pose major legal and reputational dangers to developers. Users are generally afraid to use apps that do not have clear, visible security protocols. Strict rules, such as HIPAA in the US, complicate the issue of assuring compliance, making it more difficult for developers to guarantee data security and limiting app uptake.
  • Digital Divide and Accessibility: Not all people have equal access to cellphones or dependable internet connections, resulting in a digital divide. Rural places, low-income populations, and the elderly may find it difficult to use mHealth apps due to technological or economic constraints. This gap limits the market’s growth potential as a large section of the target audience may be unable to properly use these digital healthcare solutions.
  • Monetization Challenges: Many mHealth apps fail to monetize. While some rely on subscriptions, in-app purchases, or adverts, it can be challenging to achieve the proper balance between profitability and user pleasure. Healthcare apps with hefty costs may discourage consumers, whereas free apps frequently lack sufficient income to finance updates and enhancements. This has a long-term impact on market sustainability and innovation.

Key Trends:

  • Telemedicine Integration: The growth of telemedicine, particularly during the COVID-19 pandemic, has accelerated the deployment of mHealth apps. These apps enable users to consult with healthcare practitioners online, minimizing the need for physical visits. This trend is being pushed by an increased need for convenient, accessible healthcare, particularly in rural or underserved areas. Telemedicine apps also assist cut healthcare expenses and increase efficiency, making them appealing to doctors as well as patients.
  • Wearable Device Integration: Mobile health apps are rapidly connecting with wearable devices such as smartwatches and activity trackers. These devices collect real-time health data, such as heart rate, steps, and sleep habits, allowing the app to continuously monitor and manage health. This trend is being pushed by the increased popularity of wearables, which give consumers more control over their health and promote proactive healthcare management through continuous tracking.
  • AI-Powered Health Monitoring: Artificial intelligence (AI) is being used in mHealth apps, allowing for more personalized and predictive healthcare solutions. AI-powered apps may scan massive quantities of user data to provide personalized suggestions and early alerts of potential health risks. This trend is being driven by the growing desire for tailored healthcare solutions, as well as AI’s capacity to increase diagnostic accuracy, hence enhancing healthcare efficiency and response.

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Global Mhealth Apps Market Regional Analysis

Here is a more detailed regional analysis of the global mhealth apps market:

North America:

  • North America dominates the mHealth apps market, owing to early technological adoption and a robust healthcare infrastructure. According to the IQVIA Institute, North America accounted for 40% of the global market in 2021, with over 350,000 digital health apps available. This figure is predicted to rise above 500,000 by 2025, as the region continues to embrace innovation. The well-developed healthcare system, with 89% of US hospitals adopting certified electronic health records (EHR), allows for smooth integration of mHealth apps, making them an essential component of mainstream healthcare.
  • Favorable regulatory support further strengthens North America’s dominance. The US FDA has cleared or approved over 350 digital health items, creating a climate conducive to app development and investment. The region’s high consumer purchasing power boosts demand. Healthcare accounted for 8.9% of total consumer spending in the United States in 2022, indicating an increasing readiness to invest in health-related technologies. These elements combine to make North America a major player in the global mHealth market.

Asia Pacific:

  • The Asia-Pacific region is experiencing tremendous expansion in the mHealth apps market, owing to its vast and rising population. With a predicted population of 4.7 billion by 2030, 67% of whom will be of working age, the region offers a vast potential user market for mHealth apps. This demographic shift is driving demand for digital health solutions, particularly as rising affluence and healthcare awareness highlight the importance of accessible, cost-effective healthcare options. The rising incidence of noncommunicable diseases (NCDs) highlights the need for mHealth solutions to treat chronic disorders, as NCDs are predicted to account for 77% of all deaths in the region by 2030.
  • Favorable government policies and rapid technology breakthroughs are also driving the market. Initiatives such as India’s National Digital Health Mission, which intends to establish a digital health ecosystem and enroll 500 million users by 2025, are accelerating mHealth adoption. The region’s rapid development in mobile internet and smartphone penetration, with an estimated 3.1 billion mobile internet users by 2025, provides an ideal setting for mHealth apps to thrive. The mix of supporting legislation and technology maturity is propelling the Asia-Pacific market forward at a rapid pace.

Global Mhealth Apps Market: Segmentation Analysis

The Global Mhealth Apps Market is Segmented on the basis of Type, Application, Distribution Channel, And Geography.

Mhealth Apps Market Segments Analysis

Mhealth Apps Market, By Type

  • Disease & Treatment Management
  • Wellness Management

Based on Type, the market is bifurcated into Disease & Treatment Management and Wellness Management. Disease and Treatment Management is the dominant segment in the mHealth apps market, owing to the rising prevalence of chronic diseases such as diabetes and cardiovascular disease. These apps help patients monitor their health, manage prescriptions, and receive timely interventions, making them critical for treating long-term diseases. Wellness Management is the fastest-growing segment, driven by increased consumer interest in preventive healthcare and fitness. As more people focus their well-being and use apps to track fitness, diet, and mental health, the demand for wellness management apps grows significantly.

Mhealth Apps Market, By Application

  • Monitoring Services
  • Fitness Solutions
  • Diagnostic Services
  • Treatment Services

Based on Application, the market is segmented into Monitoring Services, Fitness Solutions, Diagnostic Services, and Treatment Services. Monitoring Services is the dominant category in the mHealth apps market, owing to rising demand for continuous health monitoring, particularly for chronic disorders such as diabetes and cardiovascular diseases. These apps provide real-time monitoring of vital signs, resulting in improved illness management and fewer hospital visits. Fitness Solutions is the fastest-growing segment, as rising consumer interest in health, fitness, and preventative care drives the adoption of applications that track exercise, nutrition, and overall wellness, in line with the global trend toward healthier lifestyles.

Mhealth Apps Market, By Distribution Channel

  • Google Play Store
  • Apple App Store

Based on Distribution Channel, the market is segmented into Google Play Store and Apple App Store. The Apple App Store dominates the mHealth apps market, owing to its established user base and reputation for high-quality applications, particularly in the health and wellness categories. iOS consumers are more likely to spend money on apps, which leads to increased revenue for mHealth developers on this platform. The Google Play Store is the fastest-growing segment, driven by the increased popularity of Android smartphones, particularly in emerging economies. The increased number of Android users broadens the market reach for mHealth apps, resulting in a rapidly evolving category as developers focus on creating cost-effective and accessible health solutions for a varied audience.

Mhealth Apps Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

On the basis of Geography, the Global Mhealth Apps Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. North America has always been the dominant region in the mHealth apps market, owing to early technological adoption, a well-developed healthcare system, a favorable regulatory framework, and increased consumer spending. The Asia-Pacific area is witnessing the quickest growth due to its huge and growing population, rising healthcare requirements, favorable government policies, and rapid technological advancements.

Key Players

The “Global Mhealth Apps Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Novartis AG, Johnson and Johnson, Abbott Laboratories, Bristol-Myers Squibb Company., GlaxoSmithKline plc., Pfizer, Inc., Qualcomm Technologies, Inc., Diversinet Corp., Medtronic MiniMed, Inc., and Agamatrix, Inc. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Mhealth Apps Market Recent Developments

Mhealth Apps Market Key Developments And Mergers

  • In March 2024, MedWork, a prominent provider of health and wellness solutions, announced a cooperation with Lyte Medical, a telemedicine firm based in Canada. This collaboration represents a big step forward in delivering patient-centered healthcare services.
  • In September 2023, Enovacom, an Orange Business subsidiary, purchased NEHS Digital and Xperis to create healthcare solutions and expand its position in e-health.
  • In March 2023, Google released Open Health Stack, an open-source program for developers to build health-related products by adding techniques such as AI collaborations that focus on cancer screening.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Novartis AG, Johnson and Johnson, Abbott Laboratories, Bristol-Myers Squibb Company., GlaxoSmithKline plc., Pfizer, Inc., Qualcomm Technologies, Inc., Diversinet Corp., Medtronic MiniMed, Inc., and Agamatrix, Inc.

SEGMENTS COVERED

Type, Application, Distribution Channel, And Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Verified Market Research:

Research Methodology VMR

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
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• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
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Frequently Asked Questions

Mhealth Apps Market size was valued at USD 136.14 Billion in 2024 and is projected to reach USD 672.54 Billion by 2031, growing at a CAGR of 22.1% from 2024 to 2031.

The increasing adoption of smartphones is a major driver of the mHealth apps market. Also, The rising emphasis on preventive healthcare is fueling demand for wellness and fitness apps.

The major players in the market are Novartis AG, Johnson and Johnson, Abbott Laboratories, Bristol-Myers Squibb Company., GlaxoSmithKline plc., Pfizer, Inc., Qualcomm Technologies, Inc., Diversinet Corp., Medtronic MiniMed, Inc., and Agamatrix, Inc.

The Global Mhealth Apps Market is Segmented on the basis of Type, Application, Distribution Channel, And Geography.

The sample report for the Mhealth Apps Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1 INTRODUCTION OF GLOBAL MHEALTH APPS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL MHEALTH APPS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 GLOBAL MHEALTH APPS MARKET, BY TYPE
5.1 Overview
5.2 Disease & Treatment Management
5.3 Wellness Management

6 GLOBAL MHEALTH APPS MARKET, BY CONNECTED MEDICAL DEVICE
6.1 Overview
6.2 Heart Rate Meters
6.3 Wearable Fitness Sensor Device

7 GLOBAL MHEALTH APPS MARKET, BY APPLICATION
7.1 Overview
7.2 Monitoring Services,
7.3 Fitness Solutions

8 GLOBAL MHEALTH APPS MARKET, BY DISTRIBUTION CHANNEL
8.1 Overview
8.2 Google Play Store
8.3 Apple App Store

9 GLOBAL MHEALTH APPS MARKET, BY GEOGRAPHY
9.1 Overview
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 South America
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Colombia
9.5.4 Rest of South America
9.6 Middle East and Africa
9.6.1 Turkey
9.6.2 Saudi Arabia
9.6.3 UAE
9.6.4 Rest of Middle East & Africa

10 GLOBAL MHEALTH APPS MARKET COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Ranking
10.3 Key Development Strategies

11 COMPANY PROFILES

11.1 Novartis AG
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments

11.2 Johnson and Johnson
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments

11.3 Abbott Laboratories
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments

11.4 Bristol-Myers Squibb Company
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments

11.5 GlaxoSmithKline plc.
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments

11.6 Pfizer, Inc.
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments

11.7 Qualcomm Technologies, Inc.
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments

11.8 Diversinet Corp
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments

11.9 Medtronic MiniMed, Inc.
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments

11.10 Agamatrix, Inc.
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments

12 Appendix
12.1 Related Research

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

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