mHealth Solutions Market size is estimated to be $43.1 billion in 2019, growing at a CAGR of 26.8% during the forecast period 2020-2025. Rising population along with increasing adoption of smart phones and tablets coupled with healthcare apps, the rise in the prevalence of chronic disease is a major factor driving the mHealth Solutions Market during the forecast period 2020-2025.Futhermore, mHealth is a medical and public health practice supported by mobile devices such as cell phones, patient monitoring devices, personal digital assistants and other devices. With the rapid adoption of innovations and technology, the healthcare industry is reshaping and transforming itself in bigger and better ways. Moreover, the digital therapeutic treatments that are offered through devices such as phone, sensor, apps and computers are driving the mHealth Solution Market during the forecast period 2020-2025.

Key Takeaways

Vital Signs Monitoring Devices dominated the mHealth Solutions Market owing to the increase in the number of diabetes patients around the world and their preference to adopt different types of treatment is driving the demand of mHealth Solutions Market during the forecast period 2020-2025. Among this, the Blood glucose meters are projected to be the fastest growing with a CAGR of 18.3% during the forecast period 2020-2025.

The healthcare apps accounted for the largest market share in 2019 owing to the increasing numbers of patients around the world and innovations in mobile apps.

North America dominated the Digital Therapeutics Market in 2019 owing to the presence of major players in that region.

Increase in the adoption of Smartphone’s coupled with healthcare apps is a major factor driving the mHealth Solutions Market during the forecast period 2020-2025.

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Geography- Segment Analysis

North America dominated the mHealth Solutions Market with a region share 42% in 2019 followed by Europe and APAC. Technological advancement along with government initiatives, increasing investments in mHealth Solution is a major factor driving its market growth in that region. Furthermore the presence of major players such as Evolent Health Inc and Pear Therapeutics in that region is contributing to its market growth.

Drivers –mHealth Solutions Market
Increase in the adoption of smart phones
Increase In The Number Of Diabetes Patients

mHealth Solutions Market Industry Outlook
mHealth Solutions Market top 10 companies are Medtronic plc, Philips Healthcare, iHealth Labs Inc, AirStrip Technologies, Omron Corporation, Cerner Corporation, Agamatrix Inc, Nike Inc, Athenahealth Inc and AT &T, Inc.

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