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The mHealth apps marker is predicted to expand at a stellar growth rate over the forecast period from 2020 to 2030.
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mHealth Apps Market: Overview The mHealth apps marker is predicted to expand at a stellar growth rate over the forecast period from 2020 to 2030. First and foremost, rapid penetration of smartphones for healthcare is creating ripples in the mHealth market. Today, healthcare IT is a booming technology segment wherein IT programs, processes, and systems are deployed for patient care. The high success rate of technology-driven healthcare is attracting large technology companies to enter the mobile health space.
mHealth Apps Market: Key Trends Massive investments by large as well as small technology companies leading to a very large number of mobile applications for healthcare is one of the key factors fuelling the mHealth apps market. According to Statista, there were approximately 47, 140 mHealth apps available on the Google play store in the third quarter of 2020. This is a significant rise from approximately 27, 417 mobile health apps available on the platform in the third quarter of 2015.The ongoing COVID-19 pandemic has added a new dimension to the mHealth apps market. Download PDF Brochure
mHealth Apps Market: Regional Outlook North America held the leading position in the mHealth apps market in the recent past. The region is expected to continue to expand at a steady growth rate in the forthcoming years. Factors such as excessive penetration of smartphones, availability of super speed telecommunication networks, increasing prevalence of chronic diseases, and rising geriatric population are creating ample opportunities in the mHealth apps market in the region. Grab Discount
mHealth Apps Market: Key Players The mHealth apps market is intensely competitive due to the presence of a very large number of small, mid-size, and large companies. Product innovation and efforts to tap into undiscovered areas is the focus of large players in the mHealth apps market. These players are entering into technological partnerships and collaborations with other players to leverage each other’s technological and business expertise. Click For TOC
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