The Mobile and Digital Health Technologies Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Increasing Penetration of Smartphones Worldwide Boosting Industry Growth

With smartphones becoming ubiquitous, their integration into healthcare systems has opened up a myriad of opportunities for improving access to medical information, facilitating communication between patients and healthcare providers, and empowering individuals to take charge of their health and wellness. One of the primary impacts of increasing smartphone penetration on healthcare is the proliferation of mobile health (mHealth) applications. These applications range from fitness trackers and symptom checkers to medication reminders and chronic disease management tools. They leverage the capabilities of smartphones, such as sensors, GPS, and connectivity, to collect, analyse, and disseminate health-related data in real-time. For users, these apps provide convenience, allowing them to monitor their health metrics, track progress towards fitness goals, and access personalised health recommendations at their fingertips. Smartphones have played a pivotal role in advancing telemedicine and remote patient monitoring solutions. Utilising video calls, messaging applications, and secure platforms, individuals can now conveniently consult healthcare professionals from afar, eliminating the necessity for in-person appointments. This is especially advantageous for those with limited mobility, residing in rural regions, or encountering obstacles in accessing traditional healthcare services. Furthermore, the widespread adoption of smartphones presents healthcare providers and organisations with opportunities to augment patient engagement and communication.

Mobile-responsive websites, patient portals, and secure messaging platforms enable seamless interaction between patients and providers, facilitating appointment scheduling, prescription refills, and access to medical records. As of 2024, approximately 4.88 billion individuals are estimated to possess smartphones, marking a rise of 635 million new smartphone users within just the last year (from 2023 to 2024). Stats show in 2019 there were 2.27 billion users, 2020;2.67 billion, 2021; 3.01 billion, 2022; 3.62 billion, 2023; 4.25 billion users worldwide.

Digital Health Technologies Emerging as a Promising Avenue for Addressing the Challenge of Rising Healthcare Costs

The escalating costs of healthcare have become a significant concern globally, prompting a search for innovative solutions to mitigate expenses while maintaining or even improving the quality of care. Digital health technologies have emerged as a promising avenue for addressing the challenge of rising healthcare costs. These technologies leverage digital platforms, data analytics, and communication tools to streamline processes, enhance efficiency, and optimise resource utilisation throughout the healthcare ecosystem.

One of the primary ways in which digital health technologies contribute to cost containment is through the optimisation of healthcare delivery processes. By digitising administrative tasks, such as appointment scheduling, billing, and medical record-keeping, healthcare providers can reduce overhead costs associated with paper-based systems and manual workflows. This proactive approach to healthcare management can help prevent expensive complications, lower hospital readmissions, and enable timely intervention when health issues arise, ultimately decreasing overall healthcare expenses. Additionally, telemedicine platforms facilitate virtual consultations between patients and healthcare providers, often eliminating the necessity for physical office visits.

This not only reduces transportation costs and time spent traveling to appointments but also enables providers to see more patients in a day, thereby optimising their time and increasing practice efficiency. Moreover, telemedicine can enhance access to specialised care for patients in underserved or rural areas, reducing disparities in healthcare delivery and potentially preventing costly complications associated with delayed or inadequate treatment.

What Questions Should You Ask before Buying a Market Research Report?

  • How is the mobile and digital health technologies market evolving?
  • What is driving and restraining the mobile and digital health technologies market?
  • How will each mobile and digital health technologies submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
  • How will the market shares for each mobile and digital health technologies submarket develop from 2024 to 2034?
  • What will be the main driver for the overall market from 2024 to 2034?
  • Will leading mobile and digital health technologies Markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
  • Who are the leading players and what are their prospects over the forecast period?
  • What are the mobile and digital health technologies projects for these leading companies?
  • How will the industry evolve during the period between 2024 and 2034? What are the implications of mobile and digital health technologies projects taking place now and over the next 10 years?
  • Is there a greater need for product commercialisation to further scale the mobile and digital health technologies market?
  • Where is the mobile and digital health technologies market heading and how can you ensure you are at the forefront of the market?
  • What are the best investment options for new product and service lines?
  • What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the Mobile and Digital Health Technologies Market today, and over the next 10 years:

  • Our 429-page report provides 179 tables and 240 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them – NOW.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.

This report tells you TODAY how the Mobile and Digital Health Technologies Market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2034 and other analyses reveal commercial prospects

  • In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
  • You will find original analyses, with business outlooks and developments.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising Mobile and Digital Health Technologies prices and recent developments.

This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Technology

  • Tele-healthcare
    – Telecare (Activity Monitoring, Remote Medication Management)
    – Telehealth (LTC Monitoring, Video Consultation)
  • mHealth
    – Wearables (BP Monitor, Glucose Meter, Pulse Oximeter, Sleep Apnea Monitors, Neurological Monitors, Others)
    – Apps
  • Medical Apps
  • Fitness Apps
  • Digital Health Systems
    – Electronic Health Records
    – e-Prescribing Systems
  • Health Analytics

Component

  • Hardware
  • Software
  • Services

Application

  • Cardiology
  • Diabetes
  • Obesity
  • Neurology
  • Sleep Apnea
  • Others

End-users

  • Healthcare Providers
  • Healthcare Payers
  • Healthcare Consumers
  • Others

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 27 leading national markets:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Russia
  • Poland
  • Belgium
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Singapore
  • Taiwan
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Rest of Latin America

MEA

  • GCC
  • South Africa
  • Rest of MEA