North America Mhealth Market Size & Outlook, 2023-2030
North America mhealth market, 2018-2030 (US$M)
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North America mhealth market highlights
- The North America mhealth market generated a revenue of USD 23,946.5 million in 2023.
- The market is expected to grow at a CAGR of 12.7% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 23,946.5 million |
| Market revenue in 2030 | USD 55,418.8 million |
| Growth rate | 12.7% (CAGR from 2023 to 2030) |
| Largest segment | Mhealth apps |
| Fastest growing segment | MHealth Apps |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 37.4% of the global mhealth market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 45,351.9 million by 2030.
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Mhealth Market Scope
Mhealth Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 63.03% in 2023. Horizon Databook has segmented the North America mhealth market based on wearables & connected medical devices, mhealth apps, services covering the revenue growth of each sub-segment from 2018 to 2030.
Factors such as rapid growth in the use of smartphones, advancements in coverage networks, growth in prevalence of chronic diseases, and increase in geriatric population are expected to drive mHealth technology & solutions in North America.
The U.S. is a leading market for mHealth applications across the globe. One of the major factors contributing to the growth of this market is the high adoption of mHealth technologies and services. For instance, according to CDC reports from 2021, about 88.2% of office-based physicians use at least one type of Electronic Medical Records (EMR)/Electronic Health Records (EHR) system.
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Our clientele includes a mix of mhealth market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America mhealth market , including forecasts for subscribers. This continent databook contains high-level insights into North America mhealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America mhealth market size, by country, 2018-2030 (US$M)
North America Mhealth Market Outlook Share, 2023 & 2030 (US$M)
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