mHealth Apps Market to Gain Exponentially Exhibiting 29.1% CAGR by 2026; Increasing Demand for Smartphones to Stimulate Demand: Fortune Business Insights™

Pune, June 02, 2020 (GLOBE NEWSWIRE) — The global mHealth apps market size is expected to gain momentum by reaching USD 57.57 billion by 2026, while exhibiting astonishing CAGR of 29.1% between 2019 and 2026. Fortune Business Insights, publish this information in its latest report, titled “mHealth Market Size, Share & Industry Analysis, By Category (By Apps {Disease & Treatment Management, Wellness Management}, By Wearable {Body & Temperature Monitors, Glucose Monitors}) By Services Type (Monitoring Services, Diagnostic Services, Treatment Services) By Service Provider (mHealth App Companies, Hospitals, Health Insurance) and Regional Forecast, 2019-2026.” The report observes that the market was worth USD 11.17 billion in 2018 and is likely to expand owing to increasing adoption of advanced technology and growing demand for smartphones during the forecast period.What does the Report Include?The mhealth apps market report includes a detailed assessment of the various market drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Furthermore, the report provides comprehensive research into the regional developments of the market, affecting the market growth during the forecast period. Moreover, the report includes information sourced from the advice of expert professionals from the industry by our research analyst using several research methodologies for the market. The competitive landscape offers further detailed insights into the strategies such as product launches, partnerships, merger and acquisition, and collaborations adopted by the companies to maintain market stronghold between 2019 and 2026.The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.High Penetration of mHealth Apps in Smartphones to Promote GrowthToday, medical apps and health apps have taken a center stage owing to increasing demand for smartphones and developed mobile technology. According to a statistic by HealthWorks Collective, today there are 97,000 and counting fitness and health applications that are available for download on mobile platforms. Furthermore, 52% of the smartphone users access health-related information on their mobile devices. The mobile health apps provide real-time communication between the patient and healthcare provider that is driving the market growth during the forecast period. Furthermore, technological advancements such as adoption of artificial intelligence and machine learning is likely to contribute to the mhealth apps market growth in the forthcoming years.Segmentation:Apps Segment to Garner Massive GrowthThe segment apps (By Category) is anticipated to foresee significant growth in the forthcoming years. This is attributable to factors such as increasing demand for fitness apps during the forecast period. Additionally, the convenience of accessing vital fitness and diet information at the touch of the button is driving the demand for the segment during the projected horizon.Regional Analysis:Increasing Prevalence of Chronic Illness in Europe to Augur DemandAmong the regions, Europe is likely to gain momentum and register highest global mHealth apps revenue during the projected horizon. This is ascribable to factors such as growing number of digital stratups in the region. In addition to this, increasing prevalence of chronic disorders such as diabetes and cardiovascular diseases in Europe will contribute to the growth of the market. Asia-Pacific, on the other hand, will witness massive growth in the forthcoming years. This is attributable to factors such as high broadband usage and increasing incidents of chronic ailment. Furthermore, presence of large geriatric population in countries such as India and China will help in increasing the mhealth apps market revenue between 2019 and 2026.Product Launches by the Companies to Foster Strong GrowthIn October 2019, Sony, a leading technology solutions provider, announced the launch of a new mobile health platform, mSafety. According to the company, the platform is designed for several companies looking for a platform to develop patient monitoring solutions. Furthermore, it introduced a new wearable tech that connects with its fitness app to enable the wearer monitor his health. Introduction of innovative solution by the companies is anticipated to strengthen the mhealth apps market position of the companies, according to Fortune Business Insights.
List of the Key Companies Operating in the mHealth Apps Market are:Fitbit, Inc.Apple Inc.DEXCOM Jawbone Health Hub, Inc.Omada Health, Inc.BioTelemetry, Inc.Livongo HealthAT&TBoston Scientific CorporationOmron Healthcare, Inc.IntroductionResearch ScopeMarket SegmentationResearch MethodologyDefinitions and AssumptionsExecutive SummaryMarket DynamicsMarket DriversMarket RestraintsMarket OpportunitiesKey InsightsStatistics on Smartphone Penetration Rate for Key CountriesData Pertaining to Healthcare Expenditure for Key CountriesNew Product LaunchesOverview on Technological Advancements Pertaining to mHealth AppsKey Merger and Acquisition Strategies by Top PlayersIndustry Background of mHealthGlobal mHealth Apps Market Analysis, Insights and Forecast, 2015-2026Key Findings / SummaryMarket Analysis, Insights and Forecast – By App TypeDisease and Treatment managementHealthcare Providers/InsuranceMedication RemindersWomen Health and PregnancyDisease SpecificWellness managementFitnessLifestyle and stressDiet and NutritionOthersMarket Analysis, Insights and Forecast – By ApplicationMonitoring ServicesFitness SolutionsDiagnostic ServicesTreatment ServicesOtherMarket Analysis, Insights and Forecast – By Operating System TypeGoogle Play StoreApple App StoreOthersMarket Analysis, Insights and Forecast – By RegionsNorth AmericaEuropeAsia PacificLatin AmericaMiddle East & AfricaTOC Continued….!!!

Request for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/mhealth-apps-market-102020mHealth Market Size, Share & Industry Analysis, By Category (By Apps {Disease & Treatment Management, Wellness Management}, By Wearable {Body & Temperature Monitors, Glucose Monitors}) By Services Type (Monitoring Services, Diagnostic Services, Treatment Services) By Service Provider (mHealth App Companies, Hospitals, Health Insurance) and Regional Forecast, 2019-2026
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