North America mHealth Market by SWOT Analysis, Segmentations, Development Status and Outlook -2028

According to a new market research study on the North America mHealth market Forecast to 2028 –– by product, application, sales channel and countries 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 report provides trends prevailing in the North America mHealth market along with the drivers and restraints pertaining to the market growth. Increasing adoption of smartphone & other mobile platforms is the major factor driving the growth of the North America mHealth market. However, issues associated with security and privacy issues related to mHealth the growth of North America mHealth market.

Download Sample PDF Copy: https://www.businessmarketinsights.com/sample/BMIRE00025504

The List of Companies 

1.Allscripts Healthcare.

2.Koninklijeke Phillips N.V.

3.Medtronic.

4.Boston Scientific Corporation.

5.althenahealth,Inc.

6.Honeywell Life Care Solution.

7.CISCO SYSTEM,Inc.

8.OMRON Corporation.

9. Masimo.

10. Agamatrix,Inc.

Smartphones Driving Growth in the North America mHealth Market

Smartphones have become powerful tools for influencing health behaviors and managing chronic conditions. By collecting and disseminating health data, they simplify healthcare practices and empower patients. mHealth technology, encompassing mobile health applications, supports treatment, disease monitoring, and chronic disease management.

Key Market Drivers:

  • Accessibility and Versatility:
    • The widespread availability of smartphones and a diverse range of mobile health apps make mHealth solutions accessible to a broad population.
  • Innovation and Product Launches:
    • mHealth apps create opportunities for product launches and the development of new technologies for chronic disease management and behavioral change.
    • Examples include:
      • The World Health Organization's (WHO) mHealth toolkit (September 2015), designed to support innovations in child, adolescent, maternal, reproductive, and newborn health.
      • ZTE Corporation's mHealth product launch in Germany (March 2016), featuring all-in-one physical examination stations.
  • Increased Smartphone Penetration:
    • The growing production and adoption of smartphones provide easier internet access, further fueling the mHealth market.

North America mHealth Market Outlook:

  • The North America mHealth market is projected to experience substantial growth, characterized by a favorable Compound Annual Growth Rate (CAGR) during the forecast period.

About Us:

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

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