mHealth Market Size is Projected to Reach USD 353.4 billion, Growing at 15.3% CAGR By 2031 – Transparency Market Research, Inc.

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There is a forecast that the global mHealth market was valued at US$ 97.0 billion in 2022, and that the market is forecast to gain a 15.3% CAGR between 2023 and 2031, and the market is likely to reach US$ 353.4 billion by 2031.
In order to provide better patient care, mHealth is being utilized to improve research, healthcare services, and health outcomes for patients. Devices, connections, apps, and service forms are all accessible for these purposes. Since mHealth facilitates remote data access for healthcare practitioners and increases patient engagement, it is an integral part of telemedicine.
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The scope of the mHealth Market Report is as follows:
The availability of modern technology and easy access to contemporary healthcare services have led to a global surge in digital health. Using mHealth, diabetes, chronic illnesses, and other medical conditions can get the benefit of self-care services through mobile devices. As well as providing doctors with instant access to patient data, such as heart rate, blood pressure, and sugar levels, this technology also makes patient interactions easier.
The key findings of the market report can be summarized as follows:
Trends in the mHealth Market
A regional outlook on the global market for mHealth
The growth of mHealth throughout the region has been attributed to a variety of reasons, including the following:
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There are a number of key players in the global mHealth market
In order to stay on top of the mHealth industry trends, leading firms are focusing on using the most cutting-edge technology. Wearable fitness trackers are being integrated with motion sensors, temperature monitors, artificial intelligence, and the Internet of Things in order to provide real-time data about patients.
There are a variety of companies who are launching new programs and services in an effort to improve patient knowledge and involvement in fitness. The following companies are well-known players in the global mHealth market and have recently launched new products:
The following are some of the key developments by players in this market over the past few years:
Segmentation of the global mHealth market 
It's a product
The end user
The region
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