mHealth Monitoring Diagnostic Medical Devices Market Global Industry Analysis By Growth, Size, Share, Competitive Overview, Opportunities, Key Players, And Region With Forecast 2022-2030

The global mHealth monitoring diagnostic medical devices market for the historical period 2017–2018 and forecast period 2019–2027, rise in prevalence of chronic disorders, aging population, technological advancements, entry of new players, and increase in access to health care are projected to drive the global mHealth monitoring diagnostic medical devices market

According to the report, the global mHealth monitoring diagnostic medical devices market was valued at US$ 29.05 Bn in 2018 and is projected to expand at a CAGR of 20.5% from 2019 to 2027

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Rise in Prevalence of Chronic Disorders and Increase in Government Initiatives: Key Drivers

Prevalence of disease indications such as diabetes, cardiovascular diseases, and other chronic diseases is increasing rapidly across regions due to aging population, unhealthy food habits, and rise in obesity. According to Partnership to Fight Chronic Disease (PFCD), chronic diseases are the leading cause of death and disability in the U.S. Nearly 133 million people in the U.S., or 45% of the population, have at least one chronic disease. These factors fuel the growth of the global mHealth monitoring diagnostic medical devices market.

High prevalence of diabetes and improvement in economic conditions are anticipated to propel demand for wearable devices. According to the International Diabetes Federation (IDF), more than 382 million people across the globe currently suffer from diabetes.

Increase in government initiatives for the adoption of mhealth products is likely to propel the global market during the forecast period. Governments are making efforts to increase awareness among health care professionals and patients about the usage and benefits of mHealth monitoring diagnostic medical devices.

Governments in developed countries such as the U.S. have begun to reach local communities by offering Continual Medical Education (CME) classes. This leads to increase in awareness among physicians and surgeons about the availability and usage of mHealth monitoring diagnostic medical devices. This is projected to augment the growth of the global mHealth monitoring diagnostic medical devices market.

In July 2017, the European Commission launched public discussion on how it should promote digital innovation in health care for the advantage of citizens and health systems in Europe

Focus on Geographic Expansion

Companies in the global mHealth monitoring diagnostic medical devices market are undergoing strategic acquisitions which enable product distribution in various regions and also strengthen their global presence. Rise in demand for technology-driven solutions, economic growth, and increase in awareness about chronic disorders present significant opportunities for players operating in the global mHealth monitoring diagnostic medical devices market.

In April 2017, NextGen Healthcare, a subsidiary of Quality Systems and a provider of computer-based practice management applications for medical and dental group practices, acquired Entrada, a provider of mobile clinical documentation for ~US$ 34 Mn all in cash. The seller was represented by JEGI.

High Cost and Cyber Threat to Hamper Market

The global mHealth monitoring diagnostic medical devices market is technology driven. Introduction of new technologies in the market increases the demand for these systems due to improved efficiency and outcomes. However, high cost of these new devices raises the affordability issue, which hampers the growth of the global mHealth monitoring diagnostic medical devices market, especially in the developing countries. Moreover, lack of reimbursement affects demand for mHealth monitoring diagnostic medical devices.

mHealth monitoring diagnostic medical devices have been adopted by patients, therapists, and doctors in the last decade. However, data security breaches have been reported. Hence, cyber threat and increase in data security breaches hamper market growth.

Global mHealth Monitoring Diagnostic Medical Devices Market: Competitive Landscape

This report profiles major players in the global mHealth monitoring diagnostic medical devices market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments

The global mHealth monitoring diagnostic medical devices market is fragmented, with the presence of a number of international as well as regional players

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Multiple players  operating in the global mHealth monitoring diagnostic medical devices market are

  • Dexcom, Inc.,
  • Apple, Inc.
  • FitBit, Inc.
  • Withings (Nokia)
  • Proteus Digital Health
  • Omada Health, Inc.
  • WellDoc, Inc.
  • Livongo Health, Noom, Inc.
  • Ginger.io, Inc.
  • Propeller Health
  • 2Morrow, Inc.
  • Canary Health
  • Mango Health
  • BiogeniQ Inc.
  • Twine Health, Inc.
  • Glooko, Inc.
  • Firstbeat Technologies Ltd
  • Claritas MindSciences
  • Big Health
  • Dthera Sciences
  • Virta Health Corp
  • Zest Health, LLC
  • Meru Health, Inc.
  • HealthMine, Inc.
  • Pear Therapeutics, Inc.
  • BioTelemetry, Inc
  • Blue Mesa Health
  • Digital Therapeutics

Key Questions Answered in Global mHealth Monitoring Diagnostic Medical Devices Market Report

  • What is the scope of growth of product companies in the global mHealth monitoring diagnostic medical devices market?
  • What will be the Y-o-Y growth of the global mHealth monitoring diagnostic medical devices market between 2019 and 2027?
  • What is the influence of changing trends in technologies on the global mHealth monitoring diagnostic medical devices market?
  • Will North America continue to be the most profitable market for mHealth monitoring diagnostic medical devices providers?
  • Which factors are anticipated to hamper the growth of the global mHealth monitoring diagnostic medical devices market during the forecast period?
  • Which are the leading companies in the global mHealth monitoring diagnostic medical devices market?

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Global mHealth Monitoring Diagnostic Medical Devices Market – Segmentation

Product

  • Connected Medical Devices
  • Heart Rate Monitors
  • Activity Monitors
  • Electrocardiograph
  • Fetal Monitoring
  • Neuromonitoring
  • Others
  • mHealth Applications
  • Fitness & Wellness
  • Diabetes
  • Cardiovascular Diseases
  • Central Nervous System Disease
  • Respiratory Diseases
  • Musculoskeletal Diseases
  • Smoking Cessation
  • Medication Adherence
  • Others
  • mHealth Services

Application

  • B2C
  • Patients
  • Caregivers
  • B2B
  • Providers
  • Payers
  • Employers
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

TABLE OF CONTENT

Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
      1.3.1 Sources
               1.3.1.1 Secondary Research
               1.3.1.2 Primary Research
      1.3.2 Assumptions
Chapter 2 Executive Summary
2.1 Market Snapshot: Global mHealth Monitoring and Diagnostic Medical Devices Market (2012 & 2019)
2.2 Global mHealth Monitoring and Diagnostic Medical Devices Market, by Product Type, 2012 (USD Million)
2.3 Comparative Analysis: Global mHealth Monitoring and Diagnostic Medical Devices Market, By Geography, 2012 & 2019 (Value %)
Chapter 3 Market Overview
3.1 Overview
3.2 Market Drivers
      3.2.1 Increasing penetration of smartphones
      3.2.2 Ubiquitous mobile access
      3.2.3 Increase in 3G and 4G networks
      3.2.4 Increasing incidences of chronic diseases and aging population
3.3 Market Restraints
      3.3.1 mHealth market still in its nascent stage and not widely accepted
      3.3.2 Uncertainty about regulations and standards
      3.3.3 Lack of legal guidelines on privacy and reimbursement challenges
3.4 Market Opportunities
      3.4.1 Government initiatives
3.5 Porter’s Five Force Analysis: Global mHealth Monitoring and Diagnostic Medical Devices Market
      3.5.1 Bargaining power of suppliers
      3.5.2 Bargaining power of buyers
      3.5.3 Threat of substitutes
      3.5.4 Threat of new entrants
      3.5.5 Competitive rivalry
3.6 Market Attractiveness Analysis: Global mHealth Monitoring and Diagnostic Medical Devices Market, by Geography, 2012
Chapter 4 Global mHealth Monitoring and Diagnostic Medical Devices Market, by Product Type
4.1 Overview
      4.1.1 Global mHealth Diagnostic and Medical Devices Market Revenue, by Product Type, 2013 – 2019 (USD Million)
4.2 Glucose Monitors
      4.2.1 Global Glucose Monitors Market, 2011 – 2019 (USD Million)
4.3 Blood Pressure Monitors
      4.3.1 Global Blood Pressure Monitors Market, 2011 – 2019 (USD Million)
4.4 Pulse Oximeters
      4.4.1 Global Pulse Oximeters Market, 2011 – 2019 (USD Million)
4.5 Cardiac Monitors
      4.5.1 Global Cardiac Monitors Market, 2011 – 2019 (USD Million)
4.6 Sleep Apnea Monitors
      4.6.1 Global Sleep Apnea Monitors Market, 2011 – 2019 (USD Million)
4.7 Multi-parameter Monitors (Wearable Devices)
      4.7.1 Global Multi-parameter Monitors (Wearable Devices) Market, 2011 – 2019 (USD Million)
4.8 Others
      4.8.1 Global Other Monitors Market, 2011 – 2019 (USD Million)
Chapter 5 Global mHealth Monitoring and Diagnostic Medical Devices Market, by Geography
5.1 Overview
      5.1.1 Global mHealth Monitoring and Diagnostic Medical Devices Market Revenue, by Geography, 2011 – 2019 (USD Million)
5.2 North America
      5.2.1 North America mHealth Monitoring and Diagnostic Medical Devices Market Revenue, 2011 – 2019 (USD Million)
5.3 Europe
      5.3.1 Europe mHealth Monitoring and Diagnostic Medical Devices Market Revenue, 2011 – 2019 (USD Million)
5.4 Asia-Pacific
      5.4.1 Asia-Pacific mHealth Monitoring and Diagnostic Medical Devices Market Revenue, 2011 – 2019 (USD Million)
5.5 Rest of the World (RoW)
      5.5.1 RoW mHealth Monitoring and Diagnostic Medical Devices Market Revenue, 2011 – 2019 (USD Million)
Chapter 6 Competitive Landscape
6.1 Heat Map Analysis for Key Market Players of the mHealth Monitoring and Diagnostic Medical Devices Market
Chapter 7 Recommendations
7.1 Focus on developing technologically advanced and compatible mobile devices and applications
7.2 Focus on developing promotional campaigns and public awareness
7.3 Collaborations and acquisition of start-up organizations
7.4 Focus on emerging markets of Asia-Pacific and Latin America
Chapter 8 Company Profiles
8.1 Bayer HealthCare AG
      8.1.1 Company Overview
      8.1.2 Financial Overview
      8.1.3 Product Portfolio
      8.1.4 Business Strategies
      8.1.5 Recent Developments
8.2 BioTelemetry, Inc. (CardioNet, Inc.)
      8.2.1 Company Overview
      8.2.2 Financial Overview
      8.2.3 Product Portfolio
      8.2.4 Business Strategies
      8.2.5 Recent Developments
8.3 Boston Scientific Corporation
      8.3.1 Company Overview
      8.3.2 Financial Overview
      8.3.3 Product Portfolio
      8.3.4 Business Strategies
      8.3.5 Recent Developments
8.4 DexCom, Inc.
      8.4.1 Company Overview
      8.4.2 Financial Overview
      8.4.3 Product Portfolio
      8.4.4 Business Strategies
      8.4.5 Recent Developments
8.5 Dräger AG
      8.5.1 Company Overview
      8.5.2 Financial Overview
      8.5.3 Product Portfolio
      8.5.4 Business Strategies
      8.5.5 Recent Developments
8.6 F. Hoffmann-La Roche Ltd.
      8.6.1 Company Overview
      8.6.2 Financial Overview
      8.6.3 Product Portfolio
      8.6.4 Business Strategies
      8.6.5 Recent Developments
8.7 FitBit, Inc.
      8.7.1 Company Overview
      8.7.2 Financial Overview
      8.7.3 Product Portfolio
      8.7.4 Business Strategies
      8.7.5 Recent Developments
8.8 Fora Care Inc.
      8.8.1 Company Overview
      8.8.2 Financial Overview
      8.8.3 Product Portfolio
      8.8.4 Business Strategies
      8.8.5 Recent Developments
8.9 iHealth Labs, Inc.
      8.9.1 Company Overview
      8.9.2 Financial Overview
      8.9.3 Product Portfolio
      8.9.4 Business Strategies
      8.9.5 Recent Developments
8.10 Johnson & Johnson
      8.10.1 Company Overview
      8.10.2 Financial Overview
      8.10.3 Product Portfolio
      8.10.4 Business Strategies
      8.10.5 Recent Developments
8.11 LifeWatch AG
      8.11.1 Company Overview
      8.11.2 Financial Overview
      8.11.3 Product Portfolio
      8.11.4 Business Strategies
      8.11.5 Recent Developments
8.12 Masimo Corporation
      8.12.1 Company Overview
      8.12.2 Financial Overview
      8.12.3 Product Portfolio
      8.12.4 Business Strategies
      8.12.5 Recent Developments
8.13 Medisana AG
      8.13.1 Company Overview:
      8.13.2 Financial Overview
      8.13.3 Product Portfolio
      8.13.4 Business Strategies
      8.13.5 Recent Developments
8.14 Medtronic, Inc.
      8.14.1 Company Overview
      8.14.2 Financial Overview
      8.14.3 Product Portfolio
      8.14.4 Business Strategies
      8.14.5 Recent Developments
8.15 Nonin Medical, Inc.
      8.15.1 Company Overview
      8.15.2 Financial Overview
      8.15.3 Product Portfolio
      8.15.4 Business Strategies
      8.15.5 Recent Developments
8.16 Omron Healthcare, Inc.
      8.16.1 Business Overview
      8.16.2 Financial Overview
      8.16.3 Product Portfolio
      8.16.4 Business Strategies
      8.16.5 Recent Developments
8.17 Withings, Inc.
      8.17.1 Company Overview
      8.17.2 Financial Overview
      8.17.3 Product Portfolio
      8.17.4 Business Strategies
      8.17.5 Recent Developments
List of Tables
TABLE 1 Market Snapshot: Global mHealth Monitoring and Diagnostic Medical Devices Market (2012 & 2019)
TABLE 2 Global mHealth Diagnostic and Medical Devices Market Revenue, by Product Type, 2012 – 2019 (USD Million)
TABLE 3 Global mHealth Monitoring and Diagnostic Medical Devices Market Revenue, by Geography, 2011 – 2019 (USD Million)

List of Figures

 

FIG. 1 mHealth Monitoring and Diagnostic Medical Devices Market: Market Segmentation
FIG. 2 Global mHealth Monitoring and Diagnostic Medical Devices Market, by Product Type, 2012 (USD Million)
FIG. 3 Comparative Analysis: Global mHealth Monitoring and Diagnostic Medical Devices Market, by Geography, 2012 & 2019 (Value %)
FIG. 4 Porter’s Five Force Analysis: Global mHealth Monitoring and Diagnostic Medical Devices Market
FIG. 5 Market Attractiveness Analysis: Global mHealth Monitoring and Diagnostic Medical Devices Market, by Geography
FIG. 6 Evolution of Glucose Monitors
FIG. 7 Global Glucose Monitors Market, 2011 – 2019 (USD Million)
FIG. 8 Evolution in Blood Pressure Monitors Market
FIG. 9 Global Blood Pressure Monitors Market, 2011 – 2019 (USD Million)
FIG. 10 Evolution in Pulse Oximeters Market
FIG. 11 Global Pulse Oximeters Market, 2011 – 2019 (USD Million)
FIG. 12 Evolution in Cardiac Monitors Market
FIG. 13 Global Cardiac Monitors Market, 2011 – 2019 (USD Million)
FIG. 14 Global Sleep Apnea Monitors Market, 2011 – 2019 (USD Million)
FIG. 15 Evolution in Multi-parameter Monitors (Wearable Devices) Market
FIG. 16 Global Multi-parameter Monitors Market, 2011 – 2019 (USD Million)
FIG. 17 Global Other Monitors Market, 2011 – 2019 (USD Million)
FIG. 18 North America mHealth Monitoring and Diagnostic Medical Devices Market Revenue, 2011 – 2019 (USD Million)
FIG. 19 Europe mHealth Monitoring and Diagnostic Medical Devices Market Revenue, 2011 – 2019 (USD Million)
FIG. 20 Asia-Pacific mHealth Monitoring and Diagnostic Medical Devices Market Revenue, 2011 – 2019 (USD Million)
FIG. 21 RoW mHealth Monitoring and Diagnostic Medical Devices Market Revenue, 2011 – 2019 (USD Million)
FIG. 22 Heat Map Analysis of Key Market Players of the mHealth Monitoring and Diagnostic Medical Devices Market
FIG. 23 Bayer HealthCare AG: Annual Revenue: 2010 – 2012 (USD Million)
FIG. 24 BioTelemetry, Inc.: Annual Revenue, 2010 – 2012 (USD Million)
FIG. 25 Boston Scientific Corporation: Annual Revenue, 2010–2012 (USD Million)
FIG. 26 DexCom, Inc.: Annual Revenue, 2010 – 2012 (USD Million)
FIG. 27 Dräger AG: Annual Revenue, 2010 – 2012 (USD Million)
FIG. 28 F. Hoffmann-La Roche Ltd.: Annual Revenue, 2010 – 2012 (USD Million)
FIG. 29 Johnson & Johnson: Annual Revenue, 2010 – 2012 (USD Million)
FIG. 30 LifeWatch AG: Annual Revenue, 2010 – 2012 (USD Million)
FIG. 31 Masimo Corporation: Annual Revenue, 2010 – 2012 (USD Million)
FIG. 32 Medisana AG.: Annual Revenue, 2010 – 2012 (USD Million)
FIG. 33 Medtronic, Inc.: Annual Revenue, 2010 – 2012 (USD Million)
FIG. 34 Omron Healthcare, Inc.: Annual Revenue, 2010 – 2012 (USD Million)

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