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mHealth Apps Market Size, Share, Growth and Manufacture Development Analysis by 2021-2027

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The global mHealth Apps market size is expected to surpass around US$ 240.65 billion by 2027 and the market is expected to garner growth at a CAGR of 43.9% over the forecast period 2021 to 2027.

The mHealth Apps market report covers a detailed analysis for the historic period 2017-2020, considering 2021 as the base year and forecast (growth) for 2021-2027.

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Growth Factors

Augmented expenditure by the healthcare participants and escalating emphasis on ailment management and precautionary care has stimulated the active participation of healthcare consultants and patients across the medical care and hospitals. The extraordinary growth of mobile technologies as well as advancements in their innovative application concerning health priorities have evolved across the globe, which has resulted in creating numerous opportunities in the field of eHealth. In addition to this, the health consciousness across the global population has been drastically increased, creating extensive demand for e-Health services. In the recent years, the traditional health service provider-centric modules have been replaced by patient-centric care modules, complementary to this, the use of mHealth applications has reduced the time required and increased the smoothness in ongoing healthcare operations.

Market Report Scope

Report Highlights Details
Market Size USD 240.65 Billion by 2027
Growth Rate CAGR of 43.9% from 2021 to 2027
Fastest Growing Market Asia Pacific
Largest Market North America
Base Year 2021
Forecast Period 2021 to 2027

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Market Overview

A recent study by Precedence Research on the mHealth Apps market offers a forecast for 2021 and 2027. The study analyzes crucial trends that are currently determining the growth of the mHealth Apps market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of mHealth Apps. The study also provides the dynamics that are responsible for influencing the future status of the mHealth Apps market over the forecast period.

A detailed assessment of the mHealth Apps market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the mHealth Apps market along with their product portfolio enhances the reliability of this comprehensive research study.

Report Highlights

  • Presently, due to unhealthier lifestyles across the global population prevalence of chronic diseases has increased the demand for mHealth applications.
  • Increasing assistance from global healthcare organizations likes WHO and government support has created a favorable environment for the mHealth application market development.
  • Healthcare service providers and Physicians are increasingly recommending the use of mHealth applications resulted in upsurges adoption rates and the number of users.
  • North American mHealth apps market has dominated in the years 2020 with respect to comparatively strengthening technological and healthcare infrastructure.
  • The COVID19 pandemic has drastically affected the mHealth apps market dynamics to a significant extent. Since the majority of the market and leading countries are drastically impacted by the ongoing pandemic.

Regional Snapshots

Considering the income-based regional classifications, the higher income countries show comparatively additional adoption of mHealth applications than the lower-income countries. As a result, countries across North America and Europe show greater than the African and Middle Eastern countries. On the other hand, growing mobile users across India, China, Japan, and other developing countries from Asia has shown a drastic increase in the adoption of mHealth applications. However, North America is the dominant region based on the regional segmentation concerning the available technological and corresponding health infrastructure.

OBJECTIVES OF THE STUDY

  • To analyze and forecast the electric motor market, in terms of value and volume
  • To provide information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To define, segment, and project the size of the global electric motor market on the product type, end-use and other segments
  • To project the size of the market, with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America, with their key countries
  • To strategically analyze micro markets with respect to individual growth trends, growth prospects, and their contribution to the total market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To strategically profile key players and comprehensively analyze their core competencies
  • To track and analyze research & development (R&D) and competitive developments such as joint ventures, mergers & acquisitions, and new product developments in the electric motor market

Research Methodology

  • Market estimate for 2020
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Major Players Covered in this Report

The updated market research report on electric motor market allows the buyers and manufacturers to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Major key players operating in the market are

  • Abbott Laboratories
  • Johnson and Johnson
  • AstraZeneca PLC
  • Hoffmann-La Roche Ltd.
  • Novartis AG
  • Bristol-Myers Squibb Company
  • GlaxoSmithKline plc
  • Merck and Co., Inc.
  • Pfizer, Inc.
  • iHealth Labs Inc.
  • Vivify Health
  • Medtronic MiniMed, Inc.

Segments Covered in the Report

By Type

  • Nutrition & Diet
  • Women’s Health
  • Medication Adherence
  • Fitness
  • Lifestyle Management
  • Healthcare Providers/Payers
  • Disease Management
  • Others

By Regional Outlook

  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Why should you invest in this report?

If you are aiming to enter the global mHealth Apps market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for mHealth Apps are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027, so that you can plan your strategies to enter this market accordingly. Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global mHealth Apps Market, By Type

7.1. mHealth Apps Market, by Type, 2020-2027
7.1.1. Nutrition & Diet
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Women’s Health
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Medication Adherence
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Fitness
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Lifestyle Management
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. Healthcare Providers/Payers
7.1.6.1. Market Revenue and Forecast (2016-2027)
7.1.7. Disease Management
7.1.7.1. Market Revenue and Forecast (2016-2027)
7.1.8. Others
7.1.8.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global mHealth Apps Market, Regional Estimates and Trend Forecast

8.1. North America
8.1.1. Market Revenue and Forecast, by Type (2016-2027)
8.1.2. U.S.
8.1.3. Rest of North America
8.1.3.1. Market Revenue and Forecast, by Type (2016-2027)
8.2. Europe
8.2.1. Market Revenue and Forecast, by Type (2016-2027)
8.2.2. UK
8.2.2.1. Market Revenue and Forecast, by Type (2016-2027)
8.2.3. France
8.2.3.1. Market Revenue and Forecast, by Type (2016-2027)
8.2.4. Rest of Europe
8.2.4.1. Market Revenue and Forecast, by Type (2016-2027)
8.3. APAC
8.3.1. Market Revenue and Forecast, by Type (2016-2027)
8.3.2. India
8.3.2.1. Market Revenue and Forecast, by Type (2016-2027)
8.3.3. China
8.3.3.1. Market Revenue and Forecast, by Type (2016-2027)
8.3.4. Japan
8.3.4.1. Market Revenue and Forecast, by Type (2016-2027)
8.3.5. Rest of APAC
8.3.5.1. Market Revenue and Forecast, by Type (2016-2027)
8.4. MEA
8.4.1. Market Revenue and Forecast, by Type (2016-2027)
8.4.2. GCC
8.4.2.1. Market Revenue and Forecast, by Type (2016-2027)
8.4.3. North Africa
8.4.3.1. Market Revenue and Forecast, by Type (2016-2027)
8.4.4. South Africa
8.4.4.1. Market Revenue and Forecast, by Type (2016-2027)
8.4.5. Rest of MEA
8.4.5.1. Market Revenue and Forecast, by Type (2016-2027)
8.5. Latin America
8.5.1. Market Revenue and Forecast, by Type (2016-2027)
8.5.2. Brazil
8.5.2.1. Market Revenue and Forecast, by Type (2016-2027)
8.5.3. Rest of LATAM
8.5.3.1. Market Revenue and Forecast, by Type (2016-2027)

Chapter 9. Company Profiles

9.1. Abbott Laboratories
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives
9.2. Johnson and Johnson
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives
9.3. AstraZeneca PLC
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives
9.4. Hoffmann-La Roche Ltd.
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives
9.5. Novartis AG
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives
9.6. Bristol-Myers Squibb Company
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives
9.7. GlaxoSmithKline plc
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives
9.8. Merck and Co., Inc.
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives
9.9. Pfizer, Inc.
9.9.1. Company Overview
9.9.2. Product Offerings
9.9.3. Financial Performance
9.9.4. Recent Initiatives
9.10. iHealth Labs Inc.
9.10.1. Company Overview
9.10.2. Product Offerings
9.10.3. Financial Performance
9.10.4. Recent Initiatives
9.11. Vivify Health
9.11.1. Company Overview
9.11.2. Product Offerings
9.11.3. Financial Performance
9.11.4. Recent Initiatives
9.12. Medtronic MiniMed, Inc.
9.12.1. Company Overview
9.12.2. Product Offerings
9.12.3. Financial Performance
9.12.4. Recent Initiatives

Chapter 10. Research Methodology

10.1. Primary Research
10.2. Secondary Research
10.3. Assumptions

Chapter 11. Appendix

11.1. About Us
11.2. Glossary of Terms

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