The North America mHealth market is expected to reach US$ 116,838.82 million by 2028 from US$ 19,927.92 million in 2021. The market is estimated to grow at a CAGR of 28.7% from 2021 to 2028.
The Role of Smartphones in Transforming Healthcare
Smartphones have emerged as powerful tools for promoting positive health-related behaviors and managing chronic conditions. By collecting health data and delivering healthcare services, they simplify and enhance medical practices. Mobile health (mHealth) technology plays a crucial role in treatment support, disease surveillance, and chronic disease management. With widespread smartphone accessibility and a growing variety of health applications, mHealth solutions are becoming increasingly popular.
The rise of mHealth has also unlocked new opportunities, including innovative product launches and advanced technologies designed to improve chronic disease management and influence health behaviors. For example:
- In September 2015, the World Health Organization (WHO) introduced an mHealth toolkit to support innovators in expanding ventures related to child, adolescent, maternal, reproductive, and newborn health.
- In March 2016, ZTE Corporation launched an all-in-one mHealth physical examination station in Germany.
Additionally, the increasing adoption of smartphones has improved internet access, further accelerating the growth of the mHealth market. North America’s mHealth market is projected to experience strong CAGR growth in the coming years.
Strategic Insights: North America mHealth Market
Strategic insights into the North America mHealth market provide a data-driven analysis of industry trends, key players, and regional dynamics. These insights enable businesses to:
- Identify untapped opportunities and develop unique value propositions.
- Anticipate market shifts using predictive analytics.
- Differentiate from competitors by leveraging emerging trends.
- Make informed decisions to drive profitability and long-term success.
Whether for investors, manufacturers, or healthcare providers, these insights ensure a competitive edge in a rapidly evolving market.
Regional Insights: North America mHealth Market
The North America mHealth market encompasses diverse regions, each with unique consumer preferences, economic conditions, and regulatory landscapes. Key considerations include:
- Localized demand (e.g., preference for specific app features or telehealth services).
- Regulatory compliance (varying healthcare policies across states and provinces).
- Market expansion opportunities in underserved areas.
By understanding these regional nuances, businesses can:
- Tailor strategies to meet local needs.
- Optimize resource allocation for targeted marketing and product development.
- Strengthen competitive positioning against local and global players.
A region-specific approach ensures sustainable growth and maximizes market potential in North America’s dynamic mHealth landscape.
North America mHealth market Segments Covered
North America mHealth market By Service Type
- Remote Monitoring
- Diagnosis
- Treatment
- Health Support
- Fitness & Wellness
North America mHealth market By Devices Type
- Insulin Pimp
- BP Monitor
- Glucose Monitor
- Personal Pulse Oximeter
North America mHealth market By End-User Type
- Mobile Operators
- Devices Vendors
- Health Providers
North America mHealth market Regions and Countries Covered
North America
- US
- Canada
- Mexico
North America mHealth market leaders and key company profiles
- Allscripts Healthcare.
- Koninklijeke Phillips N.V.
- Medtronic.
- Boston Scientific Corporation.
- althenahealth,Inc.
- Honeywell Life Care Solution.
- CISCO SYSTEM,Inc.
- OMRON Corporation.
- Masimo.
- Agamatrix,Inc.
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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights