San Francisco, 27 March, mHealth App Market By Type (Fitness,
Lifestyle Management, Nutrition & Diet, Women's Health, Healthcare
Providers, Disease Management) And Segment Forecasts, 2018 – 2025.
The global mHealth market is expected to reach USD
111.8 billion by 2025, growing at a CAGR of 44.2%, according to a new report by
Grand View Research, Inc. The need to reduce long waiting periods in order to
access health care facilities from specialists is the primary driver
responsible for the adoption of mHealth.
The
availability of applications for consumers are continuing to grow rapidly,
especially healthcare apps. These applications assist users in self-management
of wellness, disease and chronic abnormalities. This has led to the patient -
playing an important and active role in staying informed and updated on their
own healthcare decisions, contributing to the rise in adoption of mHealth apps
globally.
Healthcare
is gradually transitioning towards a precision-based model, better known as a
“personalized medicine” model. mHealth is becoming a widespread trend due to
the introduction of technologies such as EMR, remote monitoring, and other
communication platforms.
mHealth
leverages the 4Ps of healthcare delivery, that is personalized, predictive,
participatory, and preventive, to ensure delivery of optimal care to its users.
In addition, growing penetration of smartphones, especially in low- &
middle-income countries and growing focus on utilizing mobile technology to
leverage healthcare delivery and ensure a population health plan is anticipated
to benefit the market.
Access Full
Research Report On mHealth App Market Analysis:
Further Key Findings From the Report
Suggest:
·
North America accounted for the
largest market share owing to its focus toward implementing a successful
population health strategy, to reduce healthcare costs
·
Fitness apps account for the
largest market share among other mHealth app categories
·
mHealth app vendors are
focusing their attention on women's health, diet, and medication reminders.
According to Wired, a mobile advertising and analytics platform, women are more
inclined toward tracking their health than men
·
Physicians are increasingly
recommending usage of mHealth apps to their patients, which is likely to
increase the adoption rate of mHealth apps
·
Some of the major market
participants in the mHealth apps market are Abbott Laboratories; Johnson &
Johnson; AstraZeneca; F. Hoffmann-La Roche AG; Novartis AG; Bristol-Myers
Squibb Company; GlaxoSmithKline plc; Merck and Co., Inc.; Pfizer; and Sanofi.
Browse More Reports Of This
Category By Grand View Research At: https://www.grandviewresearch.com/industry/healthcare-it
Grand View Research has
segmented the mobile health apps market on the basis of type:
mHealth
Apps Type Outlook (Revenue, USD Million, 2014 - 2025)
·
Fitness
·
Lifestyle Management
·
Nutrition & Diet
·
Women's Health
·
Medication Adherence
·
Healthcare Providers/ Payors
·
Disease Management
·
Others
mHealth
Apps Regional Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
U.K.
·
Asia Pacific
o
China
o
Japan
·
Central & South America
o
Brazil
o
Mexico
·
Middle East & Africa
o
South Africa
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Press Release of this Report: https://www.grandviewresearch.com/press-release/global-mhealth-app-market
About Grand
View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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