Market revenue in 2023 | USD 1,596.0 million |
Market revenue in 2030 | USD 4,827.0 million |
Growth rate | 17.1% (CAGR from 2023 to 2030) |
Largest segment | Medical apps |
Fastest growing segment | Medical Apps |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 India mhealth apps market based on medical apps, fitness apps covering the revenue growth of each sub-segment from 2018 to 2030.
With digitalization in various sectors, including healthcare, the penetration and adoption of mHealth is observed to be increasing in India. Factors such as large population, increase in technological advancements, rise in awareness regarding various technologies with respect to healthcare sector, and favorable government reforms are expected to propel the market growth.
Furthermore, increase in preference for mHealth apps for various purposes such as fitness, medical adherence, women’s health, etc., is fueling the penetration and subsequently the market growth. Hence, rising adoption of mHealth by consumers in the country is likely to boost the market growth in coming years.
Moreover, many companies are trying to enter into India’s mHealth market owing to lucrative growth opportunities in the market. For instance, Peerbits is one of the companies developing mHealth apps in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the India mhealth apps market, including forecasts for subscribers. This country databook contains high-level insights into India mhealth apps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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