UK Mhealth Market Size & Outlook, 2023-2030
UK mhealth market, 2018-2030 (US$M)
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UK mhealth market highlights
- The UK mhealth market generated a revenue of USD 2,635.9 million in 2023 and is expected to reach USD 6,661.7 million by 2030.
- The UK market is expected to grow at a CAGR of 14.2% 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 2,635.9 million |
| Market revenue in 2030 | USD 6,661.7 million |
| Growth rate | 14.2% (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, UK accounted for 4.1% 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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UK 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 UK 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 demand for mobile healthcare devices among consumers in the UK is expected to supplement market growth. For instance, according to the ORCHAHEALTH report from 2021, 38% of people in the UK have used a health app. Most people have had a positive experience, with 87.4% of residents satisfied with their app.
Among those who were satisfied, 39% reported being strongly satisfied. Moreover, there are various opportunities for app developers in the UK owing to the country’s high digital adoption and literacy. In London, various healthcare app development companies, such as Vention, Infinum Inc., and exyte, are leveraging the major growth opportunities in the mHealth services market.
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Target buyers of UK mhealth market databook
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK mhealth market , including forecasts for subscribers. This country databook contains high-level insights into UK mhealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK mhealth market size, by component, 2018-2030 (US$M)
UK Mhealth Market Outlook Share, 2023 & 2030 (US$M)
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