Italy Mhealth Market Size & Outlook, 2023-2030
Italy mhealth market, 2018-2030 (US$M)
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Italy mhealth market highlights
- The Italy mhealth market generated a revenue of USD 1,627.1 million in 2023 and is expected to reach USD 4,381.6 million by 2030.
- The Italy market is expected to grow at a CAGR of 15.2% 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 1,627.1 million |
| Market revenue in 2030 | USD 4,381.6 million |
| Growth rate | 15.2% (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, Italy accounted for 2.5% 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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Italy 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 Italy mhealth market based on wearables & connected medical devices, mhealth apps, services covering the revenue growth of each sub-segment from 2018 to 2030.
The lack of skilled technicians and shortage of doctors in certain parts of Italy is expected to drive the market over the forecast period. Furthermore, the government is spending significantly on digitalizing healthcare in Italy. As per an article published in the Triage Health Law Blog by Squire Patton Boggs in January 2022 .
According to the Italian Constitution, digital solutions such as EHR can protect healthcare information and provide access to care through the digital tools of ePrescription and telemedicine. Such supportive measures for boosting the adoption of eHealth services are likely to promote the adoption & growth of mHealth applications and technologies in the country.
Italy’s mobile app market is one of the strongest, with popular apps including Health Tracker, RaiPlay, and Eurospin. Furthermore, various companies operating in the mHealth space have experienced greater overall growth opportunities, fueling adoption and awareness. For instance, mHealth Technologies is an Italy-based mHealth company providing mHealth applications in assessment and rehabilitation.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy mhealth market , including forecasts for subscribers. This country databook contains high-level insights into Italy mhealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy mhealth market size, by component, 2018-2030 (US$M)
Italy Mhealth Market Outlook Share, 2023 & 2030 (US$M)
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