Market Research Future (MRFR) has recently analyzed the global m-health device market, revealing that the market is expected to upscale at a whopping CAGR of 35.03% during the forecast period of 2017-2023. M-health devices market trends is regarded as one of the most disruptive trends occurring in the healthcare sector to recognize medical practices. On the other hand, it provides surgical expertise into the most critical locations such as battlefields.

These advantages of m-health devices market are pushing sizeable growth to the global market. They are also encouraging various healthcare facilities to adopt m-health applications and implement them to provide augmented services. This is fueling the augmentation of the global m-health device market. Apart from that, penetration of smartphones is propelling growth of the m-health device market.

Key Players

Some of the prominent players in the m-health device market include Apple Inc., Allscripts, GE Healthcare, Cerner, Athenahealth, Medtronics, and Koninklijke.

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Market Segmentation

By Types

Medical Devices
Health and Fitness Devices
Others

By Applications

Monitoring application
Treatment and Diagnostics
Education and Awareness
Healthcare Management
Wellness and Prevention
Others

By Regions

North America
Europe
APAC
Rest-of-the-World

Detailed Regional Analysis

The global m-health devices market is studied for various regional segments such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa. North America fetched the largest share in the global m-health device market at the beginning of the forecast period. North America’s m-health device market is expected to garner a revenue valuation of USD 16,443.4 million by 2023. This growth can be attributed to the establishment of healthcare systems and technological advancements. The US is expected to lead the country-specific m-health device market in the region, followed by Canada.

Europe is anticipated to follow North America and capture the second-largest share in the global m-health device market. The regional market is expected to upscale at a substantial rate owing to favorable government initiatives and support. Further, economic growth is fostering the market to a great extent, proliferating the healthcare sector in the region with mounting healthcare expenditure. Germany is expected to spearhead the country-specific m-health device market in Europe, which is followed by France and Italy. This can be attributed to the rise in the efficacy of the personnel in the healthcare sector as well as the system.

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Asia Pacific is regarded as the region witnessing fastest growth during the assessment period. The m-health device market in the APAC region is expected to ascend at 35.71% CAGR over the forecast period. This can be accredited to the emergence of high-quality services in the healthcare sector. Apart from that, accelerating developments in the healthcare infrastructure is also contributing to the upward trajectory witnessed by the m-health device market in the region.

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