Global Mhealth Services Market Size & Outlook, 2023-2030
Global mhealth services market, 2018-2030 (US$M)
Related Markets
Global mhealth services market highlights
- The global mhealth services market generated a revenue of USD 19,957.5 million in 2023 and is expected to reach USD 47,756.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.3% by 2030.
- In terms of segment, monitoring services accounted for a revenue of USD 12,262.4 million in 2023.
- Diagnosis Services is the most lucrative service type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 19,957.5 million |
| Market revenue in 2030 | USD 47,756.0 million |
| Growth rate | 13.3% (CAGR from 2023 to 2030) |
| Largest segment | Monitoring services |
| Fastest growing segment | Diagnosis Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monitoring Services, Diagnosis Services, Healthcare Systems Strengthening Services |
Other key industry trends
- In terms of revenue, the North America accounted for 40.2% of the global mhealth services market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Denmark is the fastest growing regional market and is projected to reach USD 688.0 million by 2030.
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MHealth Services Market Scope
MHealth Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global mhealth services 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 services market will help companies and investors design strategic landscapes.
Monitoring services was the largest segment with a revenue share of 61.44% in 2023. Horizon Databook has segmented the Global mhealth services market based on monitoring services, diagnosis services, healthcare systems strengthening services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global MHealth Services Service Type Outlook (Revenue, USD Million, 2018-2030)
- Monitoring Services
- Independent Aging Solutions
- Chronic Disease Management and Post-Acute Services
- Diagnosis Services
- Healthcare Systems Strengthening Services
- Others
- Monitoring Services
- Global MHealth Services Application Outlook (Revenue, USD Million, 2018-2030)
- General Healthcare & Fitness
- Medication Information
- Healthcare Management
- Others
- Global MHealth Services End User Outlook (Revenue, USD Million, 2018-2030)
- Healthcare Providers
- Patients
- Others
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Target buyers of Global mhealth services market databook
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Our clientele includes a mix of mhealth services 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 global-level data and insights on the Global mhealth services market, including forecasts for subscribers. This global databook contains high-level insights into Global mhealth services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global mhealth services market report size, by regions, 2018-2030 (US$M)
Top 10 countries: Mhealth services market report size, 2023 (US$M)
Global mhealth services market report share, by service type, 2023 & 2030 (%, US$M)
Mhealth services market: Opportunity assessment by country
Global mhealth services market, by region, 2023 (US$M)
| Service Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 4,295.3 | 4,836.7 | 5,735.7 | 6,342.7 | 7,045.0 | 8,024.7 | 9,128.5 | 10,369.0 | 11,757.3 | 13,303.6 | 14,999.4 | 16,861.6 | 18,944.8 | 13.1% |
| Europe | 2,880.6 | 3,248.8 | 3,858.9 | 4,274.2 | 4,755.2 | 5,425.3 | 6,181.7 | 7,033.1 | 7,987.8 | 9,053.4 | 10,224.1 | 11,512.5 | 12,956.3 | 13.2% |
| Asia Pacific | 2,370.0 | 2,682.8 | 3,198.6 | 3,555.9 | 3,970.6 | 4,546.5 | 5,199.5 | 5,937.3 | 6,767.7 | 7,698.4 | 8,725.4 | 9,860.2 | 11,136.6 | 13.7% |
| Latin America | 786.2 | 887.0 | 1,053.9 | 1,167.5 | 1,299.4 | 1,482.8 | 1,690.1 | 1,923.4 | 2,185.1 | 2,477.4 | 2,798.5 | 3,152.0 | 3,548.3 | 13.3% |
| MEA | 249.5 | 282.4 | 336.6 | 374.2 | 417.7 | 478.2 | 546.7 | 624.3 | 711.5 | 809.2 | 917.1 | 1,036.2 | 1,170.0 | 13.6% |
| Overall | 10,581.6 | 11,937.7 | 14,183.7 | 15,714.5 | 17,487.9 | 19,957.5 | 22,746.5 | 25,887.1 | 29,409.4 | 33,342.0 | 37,664.5 | 42,422.5 | 47,756.0 | 13.3% |
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