Market revenue in 2023 | USD 8,017.3 million |
Market revenue in 2030 | USD 23,007.6 million |
Growth rate | 16.3% (CAGR from 2023 to 2030) |
Largest segment | Medical apps |
Fastest growing segment | Medical Apps |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Medical Apps, Fitness Apps |
Key market players worldwide | Apple Inc, Alphabet Inc Class A, Airstrip Technologies, Samsung Electronics Co Ltd, Veradigm Inc, AT&T, Orange SA, Teladoc Health Inc, AstraZeneca PLC, Abbott Laboratories, Sanofi SA, Johnson & Johnson, Novartis AG ADR, Pfizer Inc |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mhealth apps market will help companies and investors design strategic landscapes.
Medical apps was the largest segment with a revenue share of 71.47% in 2023. Horizon Databook has segmented the Asia Pacific mhealth apps market based on medical apps, fitness apps covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is the largest revenue generating region in global mHealth apps market and is expected to grow at a significant rate over the forecast period owing to increasing penetration of smartphones & smart wearables and growing adoption of mHealth services.
Increasing affordability is leading to a rise in the adoption of smartphones to access various applications for mHealth services. Factors such as rising healthcare expenditure, increasing incidence of chronic & infectious diseases, ineffective hospital service management, and aging population are motivating governments and healthcare providers to develop new models of healthcare delivery.
Government bodies are taking efforts to promote advancements in mHealth technology by providing improved 3G & 4G network infrastructure and eHealth & telehealth roadmaps and formulating policies that would attract investments in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific mhealth apps market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific mhealth apps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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