0
2021
Us Mhealth Device Market

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

Report Code: A11325
Pages: 167
May 2021 | 2606 Views
Author(s) : Sachin W , Vineet K
Tables: 95
Charts: 52
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Us Mhealth Device Market

Request Now !

The U.S. mhealth device market accounted for $12.11 billion in 2019, and is expected to reach $53.25 billion by 2028, registering a CAGR of 19.6% from 2021 to 2028.

Mobile Computers segment impacted positively, due to COVID - 19.

Mhealth devices are the connected devices such as smartphones, tablets, IoT devices, mobile broadband, and mobile computers. Mhealth is the component of the connected health that uses networks, sensors, standards, consumer behavior, and augmented intelligence to create opportunities to improve the patient journey. In addition, mhealth devices majorly involve the use of mobile and wireless technologies, which are deployed in monitoring and treatment of several acute and chronic disorders. Some of the other applications of mhealth devices include diagnosis & treatment of diseases, real-time tracking, and data collection.

U.S.-Mhealth-Device-Market-2019-2028

The major factor that contributes toward the US mhealth device market growth includes change in lifestyle of the people. Furthermore, factors such as increase in use of smartphones, government initiatives, and new product launch also boost the growth of the US mhealth device market. In addition, integration of wireless technologies with portable healthcare devices is another major factor that fuels the growth of the market. However, concerns related to ensuring regulatory compliance of the mhealth devices hinder the growth of the market. Conversely, increase in awareness of the people to remain fit and active offers a lucrative opportunity for the US mhealth device market players.

Segmentation

The U.S. mhealth device market share is segmented on the basis of device type and application. On the basis of device type, the market is segmented into smartphone, tablet, IoT devices, mobile broadband, and mobile computers. Further, by smartphone and tablet sub-segments, the market is divided into 5G and LTE. By IoT devices, the

market is segmented into smartwatch and fitness trackers. By mobile broadband, the market is further classified into hotspot and router. On the basis of application, the market is classified into diagnosis & treatment, real time tracking, and data collection.

The key players profiled in the U.S. mhealth device market share 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 key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their US mhealth device market penetration.

Covid-19 Impact Analysis:

The ongoing spread of COVID-19 has become one of the biggest threats to the economy and is causing widespread concerns and economic hardship for consumers, businesses, and communities across the globe. The “New Normal” that includes social distance and working from home has created challenges with daily activities, regular work, needs, and supplies, causing delayed initiatives, and missed opportunities.

The COVID-19 pandemic is impacting the society and overall economy across the global. The impact of this outbreak is growing day-by-day as well as affecting the supply chain. It is creating uncertainty in the stock market, falling business confidence, massive slowing of supply chain, and increasing panic among customers. U.S. country have suffered a major loss of business and revenue due to restricted working hours of manufacturing units in the region. Operations of production and manufacturing industries have been heavily impacted by the outbreak of COVID-19; which has led to slowdown in growth of the mhealth devices market analysis in 2020.

According to the US mhealth device market trends, COVID-19 has severely impacted the production facilities have stalled, which, in turn, have led to significant demand in industries. 

US Mhealth Device Market
By Device Type

Your browser does not support the canvas element.

Mobile Devices segment is projected as one of the most lucrative segments.

Emergence of COVID-19 has forced the security organizations to change the way they operate. It has led to critical medical emergency; therefore, increase in demand for mhealth devices has been witnessed from the healthcare sector as it is an effective tool for healthcare professionals that allows treatment of the patient contactless. 

Top impacting factors

Surge in demand for fitness trackers and the easy connectivity of the mhealth devices between the patient and the physicians, changing lifestyle of the people, increasing use of mobile computers are the major factors that impact growth of the mhealth device market. In addition, development of new products with advanced features and technologies such as 5G technology also fuels growth of the market. However, the key players need to check the compliance of the new devices with a set of pre-described mandatory rules in the country is a major restraint for the market growth. Moreover, increase in the health awareness and the ability to remain fit and physically active is expected to create market opportunities for the US mhealth device market players.

US Mhealth Device Market
By Application

Your browser does not support the canvas element.

Diagnosis & Treatment segment generated highest revenue in 2019.

Key Benefits For Stakeholders

  • This study includes the analytical depiction of the U.S. mhealth device market forecast along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information regarding the key drivers, restraints, and opportunities in the U.S. mhealth device market analysis.
  • The U.S. mhealth device market trends are quantitatively analyzed from 2019 to 2028 to highlight the financial competency of the industry.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

US mhealth Device Market Segmentation

By Device Type

  • Smartphone
    • 5G
    • LTE
  • Tablets
    • 5G
    • LTE
  • IoT Devices
    • Smartwatch
    • Fitness Tracker
  • Mobile Broadband
    • Hotspot
      • 5G
      • LTE
    • Router
  • Mobile Computers

By Application

  • Diagnosis & Treatment
  • Real Time Tracking
  • Data Collection
 

Loading Table Of Content...


 
 

The U.S. mhealth device market is witnessing significant growth, owing to changing lifestyle of the people and increase in use of the smartphone and other mhealth devices. 

According to CXOs of the top companies in the market, the factor that fuels the growth of the global mhealth device market includes the profound impact of the use of smartphones and tablets in the healthcare sector. Furthermore, experts of key companies believe that mhealth has the potential to make healthcare innovative, accessible, and affordable. However, it requires a strong wireless network and robust IT infrastructure to handle several devices at the same time. Healthcare firms and service providers are expected to leverage the technologies in the most effective way. The key reason behind the growth of mhealth devices can be attributed to factors such as surge in adoption of smartphones and tablets and the development of new and advanced technologically featured products. These smartphones are widely being used for the patient’s data collection, ongoing condition monitoring, proper communication with healthcare service providers, access to healthcare information, and others.

Market players are striving to gain maximum opportunities from growing mhealth device market by planning their strategies meticulously. Strategic partnership, collaboration, and product launches are some of the prominent strategies adopted by key market players in the U.S. mhealth device market. For instance, Philips acquired BioTelemetry, Inc., a leading U.S.-based provider of remote cardiac diagnostics and monitoring, to strong fit with Philips cardiac care portfolio.

Market players are expanding their businesses to new industry verticals with enhancements to its performance partner program giving channel partner sales representatives of Honeywell Safety and Productivity Solutions like mobile computers, barcode scanners, printers, and other solutions, and provide representatives with the chance to receive rewards by selling products.
 

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Us Mhealth Device Market

Start reading instantly.
This Report and over 19,666+ more Reports, Available with Avenue Library. T&C*.

  • Data Pack
  • $2,324
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2022 - May 2023)
  • Single User
  • $3,250
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2022 - May 2023)
  • Five Users
  • $3,904
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2022 - May 2023)
  • Enterprise
    License/PDF

  • $6,444
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2022 - May 2023)
  • Library
    Membership

  • $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

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

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

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