#Global #mHealth #Solutions Market (2020 to 2025) – Featuring Johnson & Johnson, Cerner Corporation, BioTelemetry and Apple Among Others

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Source: Global mHealth Solutions Market (2020 to 2025) – Featuring Johnson & Johnson, Cerner Corporation, BioTelemetry and Apple Among OthersThe global mHealth solutions market is projected to reach USD 213.6 billion by 2025 from USD 50.82 billion in 2020, at a high CAGR of 33.3% during the forecast period of 2020 to 2025.

The growing adoption of smartphones, increasing penetration of 3G/4G networks, increasing utilization of connected devices and mHealth apps for the management of chronic diseases, rising focus on cost containment in healthcare delivery, rising focus on patient-centric healthcare delivery, and the increasing demand for home healthcare services are some of the key factors driving the greater uptake of mobile technologies among both patients and healthcare professionals.

Based on product and service, the mHealth apps segment accounted for the largest share of the market in 2019

In 2019, the mHealth apps segment accounted for the largest share of the mHealth solutions market. The large share of this segment can be attributed to the high and growing penetration of smartphones and healthcare apps and the rising incidence of chronic and lifestyle-related diseases across the globe (coupled with the effective utilization of apps in chronic disease management).

By region, North America accounted for the largest market share in 2019

In 2019, North America dominated the mHealth solutions market, followed by Europe, the Asia Pacific, Latin America, and the Middle East & Africa. The large share of North America in the mHealth solutions market can be attributed to the high penetration of smartphones, tablets, and other mobile platforms; increasing utilization of connected devices & mHealth apps for the management of chronic diseases; development & adoption of innovative technologies; and rising government initiatives.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 mHealth Solutions Market Overview
4.2 APAC: mHealth Solutions Market, By Product & Service
4.3 Geographic Snapshot of the mHealth Solutions Market
4.4 Regional Mix: Market
4.5 Market: Developing vs Developed Markets

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Market Drivers
5.2.1.1 Increasing Penetration of Smartphones, Tablets, and Other Mobile Platforms
5.2.1.2 Increasing Utilization of Connected Devices and mHealth Apps for the Management of Chronic Diseases
5.2.1.3 Cost Containment in Healthcare Delivery
5.2.1.4 Robust Penetration of 3G and 4G Networks for Uninterrupted Healthcare Services
5.2.1.5 Rising Focus on Patient-Centric Healthcare Delivery
5.2.1.6 Increasing Demand for Home Healthcare Services
5.2.2 Market Restraints
5.2.2.1 Lack of Standards and Regulations as Well as Paucity of Reimbursements
5.2.2.2 Limited Guidance From Physicians in Selecting Apps
5.2.2.3 Resistance From Traditional Healthcare Providers
5.2.3 Market Opportunities
5.2.3.1 Increasing Incidence of Lifestyle Disorders
5.2.3.2 Low Physician Density Creating A Platform for the Greater Adoption of mHealth Apps in Developing Countries
5.2.3.3 Growing Adoption of mHealth Solutions in Other Mobile Platforms
5.2.3.4 Increasing Adoption of AI and 5G
5.2.4 Market Challenges
5.2.4.1 Authenticity and Reliability
5.2.4.2 Patent Protection for mHealth Devices and Applications
5.2.4.3 Lack of Data Security Giving Rise to Concerns Regarding Data Theft and Healthcare Fraud

6 Industry Insights

To read more… Global mHealth Solutions Market (2020 to 2025) – Featuring Johnson & Johnson, Cerner Corporation, BioTelemetry and Apple Among Others.

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