Authored By: Sarah
08 Nov 2023

Mobile Health Solutions Market through 2023-2027|Forecasted with a revenue growth of USD 256.69 Bn 

The Mobile Health (mHealth) Solutions Market is a billion-dollar market in making with forecasted revenue growth of USD 256.69 billion and is estimated to grow at a CAGR of 27.09% between 2022 and 2027. The rising smartphone penetration followed by increasing demand for remote and convenient healthcare services and the increasing adoption of mobile-based health apps is impacting the rapid expansion and transformation of the Mobile Health (mHealth) Solutions Market

"Technavio's report captures the growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. "

Navigating through the market drivers of the Mobile Health Solutions Market:  The global proliferation of smartphone ownership and use, the market for mobile health (mHealth) solutions has grown, providing a strong foundation for the adoption of mobile healthcare applications and solutions. Smartphones are available and affordable enough to reach a wider audience, including underserved and remote places.

Numerous features, including virtual consultations, appointment scheduling, prescription reminders, health tracking, and access to health resources, are included in mobile health applications. Features also include multilingual support, simple menus, and touch screens that are easy to use.

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Mobile Health Solutions Market Landscape at a Glance

In August 2022, Kaiser Permanente of the Northwest and Medical Teams International started a ground-breaking program called Kaiser Permanente Care & Connect which promotes the Mobile Health (mHealth) Solutions Market. 

In January 2023, global medical technology company Masimo and medical technology giant Royal Philips announced an expanded partnership to enhance patient monitoring capabilities in home telemedicine with the Masimo W1TM advanced health monitoring watch. 

Market Trends: As per market trends increasing focus on recent developments in mobile healthcare is one of the emerging trends in the global mobile healthcare market with multiple vendors strategizing through introducing new solutions, mergers and acquisitions, and new investments to expand their market reach. Get a comprehensive report summary with all the insights, request for a sample report today.

Companies like Abbott Laboratories,athenahealth Inc., Cisco Systems Inc., Dexcom Inc., Johnson and Johnson Services Inc., Koninklijke Philips NV, Medtronic Plc, Mobile Wellness Solutions MWS Ltd., Omada Health Inc., OMRON Corp., Oracle Corp., Qualcomm Inc.Samsung Electronics Co. Ltd., etc, are some of the major market players worth mentioning when it comes to the Mobile Health Solutions Market landscape

Technavio's report offers in-depth insights into key company profiles with a wider understanding of the business ecosystem. The custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches along with a peek into the latest R&D information and government regulations. Download our best-selling sample report for all the databacked insights.

Browse through our related report for more information on the market landscape: Digital Health Market by Application, Component, and Geography - Forecast and Analysis 2023-2027

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