Allied Market Research
Loading...
0

U.S. Mhealth Device Market Expected to Reach $53.25 Billion by 2028

 

Report Code : A11325

quote The U.S. mhealth Devices market size is expected to witness considerable growth, owing to the change in lifestyle and increase in the use if mhealth devices. The U.S. mhealth device market share is projected to witness significant growth across its states. quote

Sachin Wankhede
Lead Analyst, Semiconductors & Electronics at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, “U.S. Mhealth Device Market by Device Type, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2028”, the global U.S. Mhealth device industry size was valued at $12.11 billion in 2019, and is projected to reach $53.25 billion by 2028, registering a CAGR of 19.6%. 

Mhealth is one of the types of the electronic health. It is defined as the public health practice assisted by the use of mobile computers. The mobile computers include smartphones, tablets, IoT devices, mobile broadband, and mobile computers. Further, mobile computers include devices such as blood glucose monitor, blood pressure monitor, heart rate monitor, sleep monitor, insulin pumps, and pulse oxymeter. These devices collect and store the patient-related information, which is used in diagnosis and treatment of various diseases. The major applications of the mhealth devices are diagnosis & treatment, real-time tracking, and data collection.

Factors such as change in lifestyle of the people, high adoption of smartphone and tablet in the healthcare sector, and development of the new and advanced devices drive the mhealth device market growth.

Consumers prefer devices that are portable and easy to carry and possess features such as easy connectivity with the internet, data sharing among the connected devices, i.e., from patient to healthcare professionals, which in turn drives the growth of the mhealth devices market revenue. In addition, increase in demand in diagnosis and treatment in the COVID like situation further contributes to the market growth.

The market players such as MASIMO, Philips, and Medtronic are focusing their investment on technologically advanced and cost-effective products. For instance, MASIMO, in June 2020, launched Masimo Sleep, designed to help consumers better understand the quality of their sleep. It uses lightweight sensor, while sleep app collects the user’s data using clinically proven Masimo SET pulse oximetry to track changes in key vital signs during sleep. Medtronic launched InPen integrated with real-time Guardian Connect CGM data. It is the first and only FDA-cleared smart insulin pen on the market for people on multiple daily injections (MDI).

Covid-19 Impact 

The COVID-19 has impacted severely on the global electronics and semiconductor sector, due to which production facility as well as new projects have stalled which in turn have the significant demand in the industries. The operations of the production and manufacturing industries have been heavily impacted by the outbreak of the COVID-19 disease; Moreover, the increase demand of the mhealth devices in the COVID-19 situation has foster the U.S. mhealth devices market growth in 2019. 

Key Findings Of The Study

  • By device type, the mobile computers segment generated the highest revenue in the U.S. mhealth device market in 2019.
  • By application, the diagnosis & treatment generated the highest revenue in the U.S. mhealth device market.

The key market players extensively profiled in the U.S. mhealth device market report include Ascom Holding AG, Kaiser Permanente, Honeywell International Inc., General Electric Company, Zebra Technologies Corp, Vivify Health, Inc., Cybernet Manufacturing, Inc., Medtronic Plc, NETSCOUT Systems, Inc., Boston Scientific Corporation, Masimo, Agamatrix Inc., Athenahealth Inc., Omron Corporation, Koninklijke Philips NV, and HCHB. These players have adopted various strategies such as product launch, acquisition, collaboration, and partnership to expand their foothold in the industry.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Tushar Nagose
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote US Mhealth Device Market by Device Type (Smartphone, Tablets, IoT Devices, Mobile Broadband and Mobile Computers), Application (Diagnosis & Treatment, Real Time Tracking, and Data Collection): Global Opportunity Analysis and Industry Forecast, 2021–2028 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 3,923 niche industries and company profiles on more than 12,953 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Jan 2021

Surgical Equipment Market

Download Sample
rep-img

Published Date Nov 2020

Medical Implant Market

Download Sample
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"U.S. Mhealth Device Market"
Purchase Enquiry