Spain Mhealth Market Size & Outlook, 2023-2030
Spain mhealth market, 2018-2030 (US$M)
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Spain mhealth market highlights
- The Spain mhealth market generated a revenue of USD 1,100.5 million in 2023 and is expected to reach USD 2,891.3 million by 2030.
- The Spain market is expected to grow at a CAGR of 14.8% 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 1,100.5 million |
| Market revenue in 2030 | USD 2,891.3 million |
| Growth rate | 14.8% (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, Spain accounted for 1.7% 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 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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Spain 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 Spain mhealth market based on wearables & connected medical devices, mhealth apps, services covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing adoption of mHealth technologies and solutions for tracking health & fitness, such as wearables, is expected to drive the market. For instance, as of September 2022, Strava was the top health and fitness application for Android users in Spain. Spanish users of the app contributed around USD 47,793 toward the revenue generated by the application in the country.
In addition, as per a survey conducted by Capterra in 2020, 62% of Spanish patients stated they were using a teleconsultation system. Moreover, many startups have been entering the country’s mHealth market. This is expected to increase the adoption of mHealth solutions by healthcare professionals and patients.
Tucuvi, ITIOX, and open health are examples of startups in Spain working in the mHealth domain. Thus, growing awareness about mHealth solutions for various healthcare purposes, coupled with the increasing number of startups and established companies in the country, is likely to propel the market substantially during the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain mhealth market , including forecasts for subscribers. This country databook contains high-level insights into Spain mhealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain mhealth market size, by component, 2018-2030 (US$M)
Spain Mhealth Market Outlook Share, 2023 & 2030 (US$M)
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