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Global mHealth Apps Market: By Type: Fitness Apps, Medical Apps; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand, EMR’s Key Indicators for Price; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global mHealth Apps Market Outlook
The global mHealth apps market stood at a value of around USD 40.05 billion in 2020. The market is further expected to grow at a CAGR of 17.7% in the forecast period of 2022-2027 to attain a value of around USD 107.77 billion by 2026.
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Increased Demand for Medical Apps to Bolster the Growth of the Global mHealth Apps Industry
Based on type, the medical apps segment is predicted to account for a substantial market share in the mHealth apps industry. This increase can be associated with the rising incidences of chronic illnesses such as cardiovascular diseases, among others, worldwide. In addition, the growing awareness pertaining to healthcare is driving consumers to utilise personal health tracking apps to monitor their eating habits and maintain a healthy diet. Moreover, the increased accessibility to medical professionals through these apps for all routine medical queries or any emergency assistance is also expected to positively catalyse the market growth in the forecast period.
North America to Occupy a Substantial Market Share in the Global mHealth Apps Industry
North America is expected to occupy a substantial share of the global mHealth apps industry in the forecast period. This growth can be attributed to the increased acceptance of technology and the growing prevalence of chronic diseases in the region. In addition, the increasing demand for remote medical assistance, especially for the growing geriatric population, is also a major contributing factor to the industry growth. Moreover, the sedentary lifestyle, especially among the youth and the working population, is also leading to increased adoption of fitness apps in order to reduce the risks of obesity and cardiovascular diseases, among others. These factors are predicted to aid the industry growth in the region.
mHealth Apps: Industry Definition and Segmentation
An mHealth app is a mobile-based application that helps consumers access medical and fitness-oriented information through their mobile phones via the internet. The mHealth apps provide a range of services, including treatment support, health management, prevention strategies for illnesses, and monitoring symptoms, among others. Moreover, these apps facilitate digital consultations with medical practitioners, which helps to provide treatment for individuals at any location. In addition, the fitness apps offer suggestions, such as daily exercise routines related to maintaining a healthy lifestyle.
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By type, the market is divided into:
- Fitness Apps
- Medical Apps
Among these, fitness apps can be further distributed into diet and nutrition apps, exercise and fitness apps, and lifestyle and stress apps. Meanwhile, medical apps can be further categorised into women’s health apps, personal health record apps, medication management apps, diagnostic apps, remote monitoring apps, disease management apps, and others.
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Widespread Usage of Smartphones to Augment the Growth of the Global mHealth Apps Industry
The rapid digitalisation and the increasing spread of the internet facility across countries and communities are expected to drive the growth of the global mHealth apps industry. According to the World Bank statistics, in 2017, 49% of the global population had access to the internet, which amounted to 41.7% in 2015. In addition, the growing mobile phone ownership is also contributing to the market growth significantly. According to the World Bank's World Development Report of 2016, 8 out of 10 people in the developing nations owned a mobile phone, and this number is expected to steadily increase over time. Moreover, with the rampant spread of the Covid-19 pandemic, consumers are increasingly utilising mHealth apps for remote patient monitoring and diagnosis, as physical visits to brick-and-mortar facilities were not feasible amid the Covid-19 induced lockdowns, thus, aiding the mHealth apps industry growth.
Key Industry Players in the Global mHealth Apps Market
The report gives a detailed analysis of the following key players in the global mHealth apps market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Abbott Laboratories
- Johnson and Johnson
- F. Hoffmann-La Roche AG
- Novartis International AG
- Samsung Electronics Co. Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Region |
| Breakup by Type | Fitness Apps, Medical Apps |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Abbott Laboratories, Johnson and Johnson, F. Hoffmann-La Roche AG, Novartis International AG, Samsung Electronics Co. Ltd., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global mHealth Apps Market Analysis
8.1 Key Industry Highlights
8.2 Global mHealth Apps Historical Market (2017-2021)
8.3 Global mHealth Apps Market Forecast (2022-2027)
8.4 Global mHealth Apps Market by Type
8.4.1 Fitness Apps
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.1.3.1 Diet and Nutrition Apps
8.4.1.3.2 Exercise and Fitness Apps
8.4.1.3.3 Lifestyle and Stress Apps
8.4.2 Medical Apps
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.2.3.1 Women’s Health Apps
8.4.2.3.2 Personal Health Record Apps
8.4.2.3.3 Medication Management Apps
8.4.2.3.4 Diagnostic Apps
8.4.2.3.5 Remote Monitoring Apps
8.4.2.3.6 Disease Management Apps
8.4.2.3.7 Others
8.5 Global mHealth Apps Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Abbott Laboratories
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Johnson and Johnson
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 F. Hoffmann-La Roche AG
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Novartis International AG
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Samsung Electronics Co. Ltd.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global mHealth Apps Market: Key Industry Highlights, 2016 and 2026
2. Global mHealth Apps Historical Market: Breakup by Type (USD Billion), 2017-2021
3. Global mHealth Apps Market Forecast: Breakup by Type (USD Billion), 2022-2027
4. Global mHealth Apps Historical Market: Breakup by Region (USD Billion), 2017-2021
5. Global mHealth Apps Market Forecast: Breakup by Region (USD Billion), 2022-2027
6. North America mHealth Apps Historical Market: Breakup by Country (USD Billion), 2017-2021
7. North America mHealth Apps Market Forecast: Breakup by Country (USD Billion), 2022-2027
8. Europe mHealth Apps Historical Market: Breakup by Country (USD Billion), 2017-2021
9. Europe mHealth Apps Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Asia Pacific mHealth Apps Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Asia Pacific mHealth Apps Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Latin America mHealth Apps Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Latin America mHealth Apps Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Middle East and Africa mHealth Apps Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Middle East and Africa mHealth Apps Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Global mHealth Apps Market Structure
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