Germany Mhealth Market Size & Outlook, 2023-2030
Germany mhealth market, 2018-2030 (US$M)
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Germany mhealth market highlights
- The Germany mhealth market generated a revenue of USD 1,833.4 million in 2023 and is expected to reach USD 4,658.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 14.3% from 2024 to 2030.
- In terms of segment, mhealth apps was the largest revenue generating component in 2023.
- MHealth Apps is the most lucrative component segment registering the fastest growth during the forecast period.
Mhealth market data book summary
| Market revenue in 2023 | USD 1,833.4 million |
| Market revenue in 2030 | USD 4,658.7 million |
| Growth rate | 14.3% (CAGR from 2023 to 2030) |
| Largest segment | Mhealth apps |
| Fastest growing segment | MHealth Apps |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wearables & Connected Medical Devices, MHealth Apps, Services |
| Key market players worldwide | Apple Inc, AT&T, Airstrip Technologies, Veradigm Inc, Qualcomm Inc, Vodafone Group PLC, Alphabet Inc Class A, Telefonica SA, SoftServe, Samsung Electronics Co Ltd, Orange SA |
Other key industry trends
- In terms of revenue, Germany accounted for 2.9% of the global mhealth market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK mhealth market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 3,525.9 million by 2030.
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Mhealth Market Scope
Mhealth Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany mhealth 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 market will help companies and investors design strategic landscapes.
Mhealth apps was the largest segment with a revenue share of 44.74% in 2023. Horizon Databook has segmented the Germany mhealth market based on wearables & connected medical devices, mhealth apps, services covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is one of the largest healthcare markets in Europe, with a significant expenditure on health. According to World Bank statistics, total healthcare expenditure accounted for 12.8% of GDP in 2021. Furthermore, rising geriatric population and increasing incidence of chronic diseases are expected to drive the country’s mHealth market.
According to an AARP International report, Germany’s population aged 65 years and above is expected to reach 24 million by 2050, accounting for almost one-third of the total population. In addition, increasing digitization and rising health consciousness are creating growth opportunities for mHealth solutions in Germany.
Insurance policies in Germany offer favorable out-of-pocket expense options to patients, which has led to an increase in the adoption of novel techniques in healthcare, boosting the mHealth market. For instance, according to a survey conducted by Civey on behalf of the eco - Association of the Internet Industry, 31.6% of Germans use mHealth apps
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Our clientele includes a mix of mhealth market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany mhealth market , including forecasts for subscribers. This country databook contains high-level insights into Germany mhealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany mhealth market size, by component, 2018-2030 (US$M)
Germany Mhealth Market Outlook Share, 2023 & 2030 (US$M)
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