According to a recent analysis by Emergen Research, the global mHealth market is expected to be valued USD 361.67 billion by 2027. Due to the rise in smartphone use and the introduction of cutting-edge technology in the medical sector, the mHealth market has seen a boost in demand in recent years. A successful endeavour, digital health has drawn numerous businesses and organisations from beyond the healthcare sector.
The term “mHealth,” sometimes known as “mobile health,” refers to the application of medicine and public health made possible by mobile devices like tablets, wireless networks, and personal digital assistants. The term “mHealth” refers to the use of multimedia technologies and telecommunications to provide health and medical information.
One of the leading causes of mistakes in the medical field is poor communication between patients and doctors. These problems plague mHealth mobile applications. The gadgets include point-of-care technologies that facilitate efficient communication, greater clinical judgement, and enhanced patient outcomes.
Further key findings from the report suggest
This study includes a thorough quantitative analysis as well as the most recent global mHealth industry trends from 2020 to 2027 in order to pinpoint the most lucrative business possibilities and make a strategic evaluation.
The size and projections for the mHealth market are based on a thorough examination of significant advancements in the sector.
To comprehend the competitive landscape of the mHealth market, the development methods used by the major market participants are discussed.
mHealth enables medical professionals to switch between patients without returning to a desk or office. During the projected period, it is predicted that patient usage of these apps would increase at a CAGR of 32.9%.
Strategic business planning is made easier with the aid of a qualitative analysis based on innovative items.
mQure, AT&T, Allscripts Healthcare Solutions, Apple Inc., Samsung Electronics Corporation, Bayer Healthcare, Philips Healthcare, Cardionet Inc., and LifeWatch AG are a few notable participants.
For the purpose of this report, Emergen Research has segmented the Global mHealth Market on the basis of platform, application, end-use, and region:
Regional Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
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