South Africa Mhealth Market Size & Outlook, 2023-2030
South Africa mhealth market, 2018-2030 (US$M)
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South Africa mhealth market highlights
- The South Africa mhealth market generated a revenue of USD 422.7 million in 2023 and is expected to reach USD 1,053.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 13.9% 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 422.7 million |
| Market revenue in 2030 | USD 1,053.2 million |
| Growth rate | 13.9% (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, South Africa accounted for 0.7% 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 Middle East & Africa, South Africa mhealth market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 443.1 million by 2030.
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Mhealth Market Scope
Mhealth Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 South Africa mhealth market based on wearables & connected medical devices, mhealth apps, services covering the revenue growth of each sub-segment from 2018 to 2030.
mHealth services in South Africa are mostly used to monitor and promote disease surveillance programs. The growing incidence of chronic diseases, such as AIDS and cancer, is expected to propel the demand for mHealth in the country. As per the Human Sciences Research Council (HSRC) report, in 2022, 12.7% of the South African population was living with HIV.
Similarly, in the 29th African Union Summit, the African heads of state recommended two new initiatives to help end AIDS by 2030 by promoting remote & mobile help, information, and physician’s advice through mobile technology. Initiatives such as these are expected to increase the adoption of smart healthcare services.
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Our clientele includes a mix of mhealth 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa mhealth market , including forecasts for subscribers. This country databook contains high-level insights into South Africa mhealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa mhealth market size, by component, 2018-2030 (US$M)
South Africa Mhealth Market Outlook Share, 2023 & 2030 (US$M)
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