Global mHealth Market Worth US$ 182.12 Billion By 2025

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Albert Morris

Mar 8, 2018, 7:42:32 AM3/8/18
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mHealth (mobile health) is used for the practice of medicine & public health and is maintained by mobile devices, tablet computers, PDAs, and wearable devices such as smart watches to educate consumers about preventive healthcare services. It is used for disease surveillance, treatment support, epidemic outbreak tracking and chronic disease management. The mHealth market is anticipated to grow at a CAGR of 29.5% and reach US$ 182.12 Bn by 2025. Rising penetration of smartphones, tablets, and other mobile platforms along with growing use of connected devices are the major drivers which are likely to propel the growth of mHealth market. Future progress of mHealth technologies in formal diagnostic and therapeutic roles is expected to add new opportunities for this market in the coming years. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

Some of the key players influencing the market are LifeWatch AG, Masimo Corporation, Omron healthcare, Philips healthcare (a division of Royal Philips company), Bayer Healthcare (a division of Bayer), Sanofi, AT&T, Boston Scientific Corporation, Johnson & Johnson, Medtronic PLC, and among others.

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