UK Mhealth Apps Market Size & Outlook, 2023-2030
UK mhealth apps market, 2018-2030 (US$M)
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UK mhealth apps market highlights
- The UK mhealth apps market generated a revenue of USD 1,414.8 million in 2023 and is expected to reach USD 3,903.5 million by 2030.
- The UK market is expected to grow at a CAGR of 15.6% from 2024 to 2030.
- In terms of segment, medical apps was the largest revenue generating type in 2023.
- Medical Apps is the most lucrative type segment registering the fastest growth during the forecast period.
Mhealth apps market data book summary
| Market revenue in 2023 | USD 1,414.8 million |
| Market revenue in 2030 | USD 3,903.5 million |
| Growth rate | 15.6% (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 |
Other key industry trends
- In terms of revenue, UK accounted for 4.4% of the global mhealth apps market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany mhealth apps market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 1,924.0 million by 2030.
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MHealth Apps Market Scope
MHealth Apps Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK mhealth apps market outlook
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 UK mhealth apps market based on medical apps, fitness apps covering the revenue growth of each sub-segment from 2018 to 2030.
The UK has the highest penetration rate of remote monitoring devices. There has been an increase in the demand for healthcare mobile apps among consumers. There are various opportunities for app developers in the UK owing to high digital adoption and literacy in the country.
In addition, there are a number of app developing companies in London, which are creating huge growth opportunities in mHealth. Various technology companies are actively working with academic institutes, clinicians, and policymakers to develop solutions that would be in line with the needs of patients and clinicians alike.
However, lack of clear reimbursement policies, difficulty in monetizing mHealth services, and uncertain regulatory policies have created an ambiguity in the categorization of mHealth and fitness apps, which may restrain the growth of the market.
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Our clientele includes a mix of mhealth apps market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK mhealth apps market, including forecasts for subscribers. This country databook contains high-level insights into UK mhealth apps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK mhealth app market size, by type, 2018-2030 (US$M)
UK MHealth Apps Market Share, 2023 & 2030 (US$M)
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