mHealth Apps Market Analysis By Key Players, Type (Diagnosis & Treatment, Monitoring Applications, Healthcare Management, Education & Awareness, Wellness & Prevention), Leading Companies and Future Outlook, Forecast To 2023
The global mHealth Apps Market size is anticipated to reach USD 100.2 billion with Expanding at a notable CAGR over the forecast period (2017-2023).
mHealth or mobile health is the practice of public health and medicine that is supported by mobile devices, including tablets, mobile phones, wireless infrastructure, and personal digital assistants.
Some of its common digital health applications include chronic disease management, telehealth/telemedicine, healthcare worker telecommunication as well as training, remote monitoring, remote data collection, healthcare supply chain management, epidemic outbreak and disease tracking, treatment and diagnostic support, and education and awareness.
Additional factors pushing mHealth apps market growth include the need to cut down long waiting periods for accessing healthcare facilities from experts, the introduction of various wearable devices from Xiaomi, Apple, and Fitbit, growing penetration of 3G network and 4G network, and multiple connectivity options such as Wi-Fi, and Bluetooth.
The market is fragmented and highly competitive.