Mobile Health (mHealth) Market Expansion: Projected to Hit $186.69Billion with 17% CAGR by 2029

How has the mobile health (mhealth) market evolved, and where is it heading next?

The mobile health (mhealth) market size has grown rapidly in recent years. It will grow from $84.99 $ billion in 2024 to $99.72 $ billion in 2025 at a compound annual growth rate (CAGR) of 17.3%. The growth in the historic period can be attributed to the rising adoption of smartphones, high growth of mHealth solutions, increasing incidence of chronic diseases, increasing demand for remote monitoring and management solutions, and rising promotion of digital health and telemedicine.

The mobile health (mhealth) market size is expected to see rapid growth in the next few years. It will grow to $186.69 $ billion in 2029 at a compound annual growth rate (CAGR) of 17.0%. The growth in the forecast period can be attributed to increasing preference for at-home care solutions, incorporation of AI and machine, 5G technology will enable faster and more reliable connections, growing awareness of health and wellness is leading, increased usage of fitness apps and wearable devices. Major trends in the forecast period include increase in mergers and acquisitions, trend towards more personalized mHealth applications, increasingly integrate with electronic health records (EHR), expected to be a growing emphasis on mHealth applications, demand for mental health services.

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What are the key drivers behind the rapid expansion of the mobile health (mhealth) market?

The rising prevalence of chronic diseases will propel the growth of the mobile health (mHealth) market going forward. Chronic diseases refer to health conditions that are persistent or long-lasting, typically lasting for a year or more, and often require ongoing medical attention or limit daily activities. The increase in chronic diseases is largely due to aging populations, with longer lifespans leading to more long-term health conditions. Mobile health aids in managing chronic diseases by offering tools for health monitoring, improving communication with doctors, and supporting treatment adherence. For instance, in June 2024, according to the National Health Service, a UK-based publicly funded healthcare system in England, there were 3,615,330 people registered with a GP who were found to have non-diabetic hyperglycemia—also known as pre-diabetes—in 2023, compared to 3,065,825 in 2022—an increase of almost a fifth (18%). Therefore, the rising prevalence of chronic diseases is driving growth in the mobile health (mHealth) market.

What is the segmentation for the mobile health (mhealth) market?

The mobile health (mhealth) market covered in this report is segmented –

1) By Type: Mobile Health (mHealth) Devices, Mobile Health (mHealth) Services

2) By Application: Cardiovascular, Diabetes, Respiratory, Neurology, Other Applications

3) By End-Use: Patients, Providers, Payers, Other End Users

Subsegments:

1) By Mobile Health (mHealth) Devices: Wearable Devices, Mobile Health Applications, Diagnostic Devices, Remote Patient Monitoring Devices, Emergency and Alert Devices

2) By Mobile Health (mHealth) Services: Telemedicine Services, Health and Wellness Services, Chronic Disease Management Services, Health Data Management Services, Education and Support Services

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Who are the most influential companies in the mobile health (mhealth) market?

Major companies operating in the mobile health (mHealth) market are Apple Inc., Samsung Group, Huawei Technologies Co. Ltd., Oracle Corporation, Abbott Laboratories, Xiaomi Corporation, Medtronic plc, Koninklijke Philips N.V., Stryker Corporation, GE HealthCare Technologies, Omron Corporation, Garmin Ltd., Hill-Rom Holdings Inc., Dexcom Inc., Masimo Corporation, Nihon Kohden Corporation, Polar Electro Oy, Verily Life Sciences LLC, Withings S.A.S., Empatica Inc., TempTraq, LifeSense Group B.V.

What are the most influential trends expected to drive the mobile health (mhealth) market forward?

Major companies operating in the mobile health (mHealth) market are developing whole-person care digital apps to provide comprehensive and personalized healthcare solutions. A whole-person care digital app is a healthcare tool that offers comprehensive care by integrating physical, mental, and emotional health services into one platform. For instance, in January 2023, Teladoc Health, a US-based healthcare company, launched a fully integrated digital health app. It provides a fully integrated healthcare experience and enables users to access primary care, mental health services, and chronic condition management through a single account. It is available in both Spanish and English and features easy navigation, integrated physician care plans, and coordination with in-person providers to ensure comprehensive care.

What are the major regional insights for the mobile health (mhealth) market, and which region holds the top position?

North America was the largest region in the mobile health (mHealth) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile health (mHealth) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Does The Mobile Health (mHealth) Market Report 2025 Offer?

The mobile health (mhealth) market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

Mobile health (mHealth) refers to the practice of medicine and public health supported by mobile devices. It encompasses the use of mobile communication technologies, such as smartphones, tablets, and wearable devices, to deliver health services, collect health data, and provide health information.

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