Insights will help you Foster a Future Shaped By Growth In the Face of Unprecedented Health & Economic Challenges
September 29 2020
COVID-19 outbreak has also made healthcare professionals to look for alternative methods to traditional systems and processes. This is leading an expedited adoption of mHealth across the industry both from providers and consumers.
During the pandemic, several healthcare systems have bifurcated healthcare requirements into essential and non-essential based on urgency and overall requirement for care. As the non-essential requirements are given less priority during the pandemic, patients are resorting to mHealth solutions. This is augmenting the adoption of mHealth apps across a variety of therapeutic areas.
As the pandemic subsides, the healthcare industry is expected to witness drastic structural and procedural changes as a large number of people become sceptic of visiting closed spaces with high risks of infection. Hence, it can be concluded that the COVID-19 outbreak is expected to play a significant role in the digital transformation of healthcare industry.
Global mHealth Monitoring Diagnostic Medical Device market research report accurately portrays a well-conceived and elaborate scenario with references to various facets and elements of the market that result in uncompromised growth trajectory.
The report draws special references to elements such as product and application segments, regional expanse as well as manufacturing activities, with elaborate cues on dominant trends, persistent challenges as well as untapped market opportunities that systematically lead to uncompromised growth and sustenance in global mHealth Monitoring Diagnostic Medical Device market.
mHealth services are playing an important role in reducing healthcare-specific COVID-19 transmission. Due to sudden burden on healthcare facilities, treatments are given priorities on the basis of urgency. Moreover, patient not infected with COVID-19 virus do not want to visit these facilities. In this case, to treat mHealth is proving to be of immense use in several therapeutic areas including cardiology, dermatology, diabetic care and others by enabling high-quality remote care and reducing contact.
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Global mHealth Solutions Market By Product & Service (Connected Medical Devices, mHealth Apps, mHealth Services), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Global mHealth Solutions Market is expected to rise from its initial estimated value of USD 28.06 billion in 2018 to a projected value of USD 297.70 billion by 2026, registering a CAGR of 34.34% in the forecast period of 2019-2026. This rise in market value can be attributed to lower physician ratio as compared to patients requiring healthcare provisions.
mHealth solutions can be defined as the technology utilized in providing healthcare services and products through smart devices and smart phones. This technology is used for collecting patient data, their patient history and also through this technology, healthcare providers can ease their workflow helping them work in a systematic and effective way.
By Type, mHealth App market has been segmented into:
Fitness
Lifestyle Management
Nutrition & Diet
Women’s Health
Medication Adherence
Healthcare Providers/ Payors
Disease Management
Others
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)