Sweden Mhealth Market Size & Outlook, 2023-2030
Sweden mhealth market, 2018-2030 (US$M)
Related Markets
Sweden mhealth market highlights
- The Sweden mhealth market generated a revenue of USD 1,896.2 million in 2023 and is expected to reach USD 4,649.8 million by 2030.
- The Sweden market is expected to grow at a CAGR of 13.7% 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.
Mhealth market data book summary
| Market revenue in 2023 | USD 1,896.2 million |
| Market revenue in 2030 | USD 4,649.8 million |
| Growth rate | 13.7% (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, Sweden accounted for 3.0% 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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Sweden 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 Sweden mhealth market based on wearables & connected medical devices, mhealth apps, services covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing prevalence of chronic diseases, such as diabetes, cardiovascular diseases, respiratory illnesses, and mental health disorders, is expected to contribute to market growth. According to a Socialstyrelsen report in 2021, nearly 92,085 individuals passed away in Sweden, of which 45,524 were women and 46,561 were men.
The primary cause of death was cardiovascular diseases, followed by neoplasms. Among men, COVID-19 was the fourth most common cause of death, while it was the sixth leading cause of death among women. Mobile applications are emerging as a crucial platform for offering medical services, and their capabilities can significantly lower mortality rates.
Mobile health technology can improve cardiac rehabilitation, enhance treatment adherence, boost exercise capacity, mitigate cardiovascular symptoms, and improve patients’ psychosocial wellbeing, thereby reducing overall mortality.
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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 Sweden mhealth market , including forecasts for subscribers. This country databook contains high-level insights into Sweden mhealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden mhealth market size, by component, 2018-2030 (US$M)
Sweden Mhealth Market Outlook Share, 2023 & 2030 (US$M)
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