By Device (Blood Glucose Meters, BP Monitors, Pulse Oximetry, Neurological Monitoring Devices, Apnea & Sleep monitors, Wearable Fitness Sensor Device & Heart Rate Meters, and Others), By Service (Diagnosis Services, Monitoring Services, Prevention, Treatment, Wellness and Healthcare System Strengthening Solutions), By Application (Cardiovascular Diseases, Diabetes, Respiratory Diseases, Neurological Diseases, and Others), and By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) - Trends, Analysis, and Forecast till 2029
Use of mobile phones and other wireless technology in medical healthcare is known as mHealth (mobile health). Multimedia technologies and mobile telecommunication within wireless and mobile healthcare delivery systems comprises of mHealth in total. The m Health app are installed in mobile devices, tablets etc. M-health is mainly used for remote monitoring, diagnostics and consultation, and fitness & wellness. The most common application of mHealth is the use of mobile devices to educate consumers about preventive healthcare services.
The global M health market is majorly driven by growing geriatric population, rising prevalence of chronic diseases, and increasing penetration of smartphones and internet connections across the globe. Rising in acceptance of advance and improvised the healthcare devices and apps are the other reason for the growth of the global mhealth market. Increasing online patient communities, growing usage of social media platforms for providing healthcare solutions and rising influence of advanced technologies will boost industry growth in the future. However, the lower accuracy of the devices, technology's infancy in middle and lower income economies inhibits the growth of global M health market. Weak reimbursement coverage, uncertainty in government regulations in certain regions, and low adoption among ageing population is hampering the target market growth to a certain extent.
The global M health market is segmented on the basis of device, service, application and region.
On the basis of devices, the global M health market is divided into blood glucose meters, BP monitors, pulse oximetry, neurological monitoring devices, apnea and sleep monitors, wearable fitness sensor device & heart rate meters, others. Remote monitoring of chronic diseases gives healthcare providers and caregivers real-time insights into patient's disease profile and enables them to suggest appropriate therapy course. On the basis of service, the target market is divided into diagnosis services, monitoring services, prevention, treatment, wellness and healthcare system strengthening solutions. Monitoring services held the largest revenue share owing to growing adoption of mhealth solutions for monitoring health conditions such as diabetes. On the basis of application, the global M health market is divided into cardiovascular diseases, diabetes, respiratory diseases, neurological diseases, and others.
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