As per the mHealth Market size analysis conducted by CMI Team, the global mHealth market is expected to record a CAGR of 14.5% from 2025 to 2034. In 2025, the market size is projected to reach a valuation of USD 89.9 Billion. By 2034, the valuation is anticipated to reach USD 304 Billion.
Overview
According to industry experts at CMI, Mobile health (mHealth) is a part of electronic health (eHealth) that uses mobile devices and wireless networks to gather patient data. The data that was collected helps make sure that the results are correct, which is important for diagnosing and treating a wide range of medical conditions. mHealth helps people stick to their medications and talk to their doctors.
It also lets doctors keep an eye on patients from a distance and lets patients send secure messages, talk to service providers, and make appointments. Because of this, it is often utilized in managing the healthcare supply chain, helping with diagnosis and treatment, keeping an eye on and managing chronic diseases, and getting the word out about health issues. Presently, mHealth technology is becoming more popular all over the world for home-based patient monitoring services for older people.
Key Trends & Drivers
- Growing Demand for Remote Patient Monitoring (RPM): The mHealth market is increasing swiftly because a growing number of individuals need Remote Patient Monitoring (RPM). Healthcare workers can use RPM technology like vital sign monitors, wearable sensors, and connected health applications to keep a check on their patients’ health outside of usual clinical settings. Because a growing number of people have chronic illnesses like heart disease, diabetes, respiratory problems, and neurological diseases, and because the world’s population is getting older, remote health management needs to continue. Also, better AI, IoT, cloud computing, and wearable sensor technology make it possible to collect data in real time, utilize predictive analytics, give patients individualized care, and make it easy for patients and providers to talk to each other. For instance, AI-powered RPM systems can discover problems early, make care plans better, and provide better results while costing less.
- Increasing partnership: The increasing partnership is expected to drive the industry growth over the forecast period. For instance, in April 2024, Royal Philips, a world leader in health technology, has announced a deal to combine smartQare’s advanced solution, viQtor, with Philips’ top-of-the-line clinical patient monitoring systems. This partnership aims to make it possible for the next generation of continuous patient monitoring to happen both inside and outside of hospitals, starting in Europe. As part of the acquisition, smartQare will buy Philips’ Healthdot company. This will bring together the wearable biosensor and smartQare’s patient monitoring solution, viQtor, on one digital platform. Philips and smartQare will now provide both healthcare professionals and patients with a complete remote patient monitoring solution.
Report Scope
| Feature of the Report | Details |
| Market Size in 2025 | USD 89.9 Billion |
| Projected Market Size in 2034 | USD 304 Billion |
| Market Size in 2024 | USD 78.5 Billion |
| CAGR Growth Rate | 14.5% CAGR |
| Base Year | 2024 |
| Forecast Period | 2025-2034 |
| Key Segment | By Device, Services, Application and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
SWOT Analysis
- Strengths: The growing smartphone and internet penetration globally is one of the major strengths for the industry growth as they enable large-scale adoption of mHealth applications across developed and developing regions.
- Weakness: The regulatory complexity is one of the core weaknesses for the market development. Inconsistent global regulations and lengthy medical device approvals slow product launches and adoption, impacting market growth.
- Opportunities: Increasing demand for the remote patients monitoring offer a potential opportunity for the market development because the high prevalence of older demographics and rising chronic disease cases across the globe.
- Threats: The influx of low-quality apps and numerous startups can lead to user confusion and reduce trust in the mHealth ecosystem.
List of the prominent players in the mHealth Market:
- Apple Inc.
- Google LLC
- Fitbit Inc.
- Samsung Electronics Co. Ltd.
- Garmin Ltd.
- Philips Healthcare
- Cerner Corporation
- Medtronic plc
- Dexcom Inc.
- Omada Health Inc.
- Livongo Health
- Allscripts Healthcare Solutions Inc.
- IBM Watson Health
- GE Healthcare
- Qualcomm Incorporated
- McKesson Corporation
- Bayer AG
- Nokia Health
- athenahealth Inc.
- Teladoc Health Inc.
- Others
The mHealth Market is segmented as follows:
By Device
- Cardiac Monitors
- Hemodynamic Monitors
- Neurological Monitors
- Respiratory Monitors
- Others
By Services
- Monitoring Services
- Diagnostic Services
- Treatment Services
By Application
- Cardiovascular
- Diabetes
- Respiratory
- Neurology
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America