mHealth Ecosystem Market By Healthcare Apps (Disease & Treatment Management, Wellness Management, and Others), By Connected Medical Devices (Glucose & Blood Pressure Monitor, Pulse Oximeter, Peak Flow Meter, and Others), Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2023-2030

Market Definition

mHealth is used for the practice of medicine and healthcare services through mobile devices. mHealth applications are used for providing healthcare information to healthcare professionals, researchers, and patients, collection of clinical data, and provide real-time monitoring of patient vital signs and direct provision of care.

The mHealth Ecosystem market was valued at 52.1 billion US$ in 2022 and is projected to reach 132.8 billion US$ by 2030, at a CAGR of 12.4% during the forecast period.

mHealth Ecosystem Market Revenue by, 2022-2030

Market Dynamics

Increasing regulatory approval for mHealth solutions is booting the global mHealth ecosystem market. For instance, The US Food and Drug Administration has approved reSET-O, a mHealth app developed by Pear Therapeutics that offers a 12- week treatment plan that delivers cognitive behavioral therapy and fluency training to reinforce proficiency. The digital health platform is available to providers as a prescription-based digital therapeutic alongside the standard of care for OUD treatment. Additionally, the US Food and Drug Administration has approved EndeavorRx, a connected health treatment that uses video game technology for attention function in children with attention-deficit/hyperactivity disorder (ADHD). The platform was developed by Boston-based Akili Interactive and is available by prescription.

Further, the rising penetration of smartphones, tablets, and other mobile platform is a key driving factor of the market. However, limited connectivity and guidance from healthcare professionals in mHealth might hamper market growth. Moreover, low physician density has created a platform for the adoption of mHealth apps in developing countries that would provide lucrative opportunities for the market in the coming years.

Market Segmentation

The global mHealth ecosystem market is mainly classified based on healthcare app and connected medical devices. Healthcare app is further segmented into Disease & Treatment Management, Wellness Management, and Others. By connected medical devices, the market is divided into Glucose & Blood Pressure Monitor, Pulse Oximeter, Peak Flow Meter, and Others.

Disease & Treatment Management had shown significant growth in 2019, owing to the rising penetration of smartphones and healthcare apps for disease & treatment management and the increasing focus on self-health management and prevention measures among patients across the globe.

Moreover, the increasing advancement in healthcare apps has raised the demand for the mHealth ecosystem. For instance, DarioHealth Corp. has introduced a new digital monitoring solution on its Dario app platform allows patients to monitor blood pressure throughout the day, in addition to blood glucose levels. The Dario Blood Pressure Monitoring System helps patients with hypertension.

Regional Analysis

Based on geography, the global mHealth ecosystem market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

North America was dominating the global mHealth ecosystem market in 2019, due to the high penetration of mobile platforms, increasing use of connected devices & mHealth apps for the management of chronic diseases, development & adoption of innovative mHealth technologies, and increasing regulatory approval for mHealth ecosystem. For instance, the U.S. Food and Drug Administration has approved the marketing of mobile medical application to treat substance use disorders (SUD). The mobile medical application is used with outpatient therapy to treat alcohol, cocaine, marijuana and stimulant SUDs.

Competitive landscape

Key players operating in the mHealth Ecosystem industry include Medtronic PLC, GE Healthcare, Abbott Laboratories, Koninklijke Philips N.V., Cisco Systems, Inc., AliveCor, Inc, iHealth Lab, Inc., BioTelemetry, Inc., AirStrip Technologies, AT&T, Inc., Athenahealth, Inc., AgaMatrix, Inc., Withings S.A., Johnson & Johnson, and Apple, Inc.

Increasing commercialization of mobile health platform, increasing regulatory approval for mHealth Ecosystem, rising investment in developing of mHealth platform, and partnership between companies to jointly develop mobile health platform are some of the strategies adopted by the major companies. For instance, on July 30, 2019, BetterPT has partnered with BlueJay Mobile Health to bridge patients, physical therapists and healthcare providers through the full continuum of care. With this collaboration, BetterPT will connects patients with the right clinics via streamlined point of entry, and BlueJay Mobile Health facilitates will provide online patient engagement and care.

mHealth Ecosystem Market Key Segments:

By Healthcare Apps
• Disease & Treatment Management
• Wellness Management
• Others

By Connected Medical Devices
• Glucose & Blood Pressure Monitor
• Pulse Oximeter
• Peak Flow Meter
• Others

Key Global mHealth Ecosystem Industry Players
• Medtronic PLC
• GE Healthcare
• Abbott Laboratories
• Koninklijke Philips N.V.
• Cisco Systems, Inc.
• AliveCor, Inc
• iHealth Lab, Inc.
• BioTelemetry, Inc.
• AirStrip Technologies
• AT&T, Inc.
• Athenahealth, Inc.
• AgaMatrix, Inc.
• Withings S.A.
• Johnson & Johnson
• Apple, Inc.

Table of Content

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources

3. mHealth Ecosystem Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Increasing Regulatory Approval for mHealth Solutions
3.3.2. Rising Penetration of Smartphones, Tablets, and Other Mobile Platforms
3.4. Restraints
3.4.1. Limited Connectivity and Guidance from Healthcare Professional in mHealth
3.5. Opportunity
3.5.1. Low Physician Density has Created a Platform for Adoption of mHealth Apps in Developing Countries
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis

4. Healthcare Apps Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Disease & Treatment Management
4.2.1. Market Size & Forecast
4.3. Wellness Management
4.3.1. Market Size & Forecast
4.4. Others
4.4.1. Market Size & Forecast

5. Connected Medical Devices Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Glucose & Blood Pressure Monitor
5.2.1. Market Size & Forecast
5.3. Pulse Oximeter
5.3.1. Market Size & Forecast
5.4. Peak Flow Meter
5.4.1. Market Size & Forecast
5.5. Others
5.5.1. Market Size & Forecast

6. mHealth Ecosystem Market Regional Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. North America mHealth Ecosystem Market
6.2.1. North America Market Size & Forecast, By Country
6.2.2. North America Market Size & Forecast, By Healthcare Apps
6.2.3. North America Market Size & Forecast, By Connected Medical Devices
6.2.4. U.S.
6.2.4.1. Market Size and Forecast
6.2.5. Canada
6.2.5.1. Market Size and Forecast
6.2.6. Mexico
6.2.6.1. Market Size and Forecast
6.3. Europe mHealth Ecosystem Market
6.3.1. Europe Market Size & Forecast, By Country
6.3.2. Europe Market Size & Forecast, By Healthcare Apps
6.3.3. Europe Market Size & Forecast, By Connected Medical Devices
6.3.4. Germany
6.3.4.1. Market Size and Forecast
6.3.5. France
6.3.5.1. Market Size and Forecast
6.3.6. UK
6.3.6.1. Market Size and Forecast
6.3.7. Italy
6.3.7.1. Market Size and Forecast
6.3.8. Spain
6.3.8.1. Market Size and Forecast
6.3.9. Rest of Europe
6.3.9.1. Market Size and Forecast
6.4. Asia-Pacific mHealth Ecosystem Market
6.4.1. Asia-Pacific Market Size & Forecast, By Country
6.4.2. Asia-Pacific Market Size & Forecast, By Healthcare Apps
6.4.3. Asia-Pacific Market Size & Forecast, By Connected Medical Devices
6.4.4. Japan
6.4.4.1. Market Size and Forecast
6.4.5. China
6.4.5.1. Market Size and Forecast
6.4.6. Australia
6.4.6.1. Market Size and Forecast
6.4.7. India
6.4.7.1. Market Size and Forecast
6.4.8. South Korea
6.4.8.1. Market Size and Forecast
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast
6.5. South America mHealth Ecosystem Market
6.5.1. South America Market Size & Forecast, By Country
6.5.2. South America Market Size & Forecast, By Healthcare Apps
6.5.3. South America Market Size & Forecast, By Connected Medical Devices
6.5.4. Brazil
6.5.4.1. Market Size and Forecast
6.5.5. Argentina
6.5.5.1. Market Size and Forecast
6.5.6. Rest of South America
6.5.6.1. Market Size and Forecast
6.6. Middle East & Africa mHealth Ecosystem Market
6.6.1. Middle East & Africa Market Size & Forecast, By Country
6.6.2. Middle East & Africa Market Size & Forecast, By Healthcare Apps
6.6.3. Middle East & Africa Market Size & Forecast, By Connected Medical Devices
6.6.4. GCC Countries
6.6.4.1. Market Size and Forecast
6.6.5. Egypt
6.6.5.1. Market Size and Forecast
6.6.6. South Africa
6.6.6.1. Market Size and Forecast
6.6.7. Rest of Middle East & Africa
6.6.7.1. Market Size and Forecast

7. Company Profile
7.1. Medtronic PLC
7.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2. Medtronic PLC Product Category, Application, and Specification
7.1.3. Medtronic PLC Financial Performance (2016-2018)
7.1.4. Main Business/Business Overview
7.2. GE Healthcare
7.3. Abbott Laboratories
7.4. Koninklijke Philips N.V.
7.5. Cisco Systems, Inc.
7.6. AliveCor, Inc
7.7. iHealth Lab, Inc.
7.8. BioTelemetry, Inc.
7.9. AirStrip Technologies
7.10. AT&T, Inc.
7.11. Athenahealth, Inc.
7.12. AgaMatrix, Inc.
7.13. Withings S.A.
7.14. Johnson & Johnson
7.15. Apple, Inc.