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India mHealth Market Report by Component (Wearables, mHealth Apps), Service (Monitoring Services, Diagnosis Services, Healthcare Systems Strengthening Services, Treatment Services, and Others), Participants (mHealth Application Companies, Pharmaceuticals Companies, Hospitals, Health Insurance Companies, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A21265
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Market Overview:
India mHealth market size reached US$ 126.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 307.8 Million by 2032, exhibiting a growth rate (CAGR) of 10.30% during 2024-2032. The rising focus of government bodies to make healthcare services more accessible, efficient, and patient-centric across the diverse landscape of country is primarily propelling the market growth.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 126.9 Million |
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Market Forecast in 2032
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US$ 307.8 Million |
| Market Growth Rate 2024-2032 | 10.30% |
mHealth represents a varied sector within electronic health (eHealth), utilizing mobile devices and wireless infrastructure to gather patient data. This collected data plays a crucial role in obtaining precise results that aid in the diagnosis and treatment of various medical conditions. mHealth serves to enhance medication adherence and communication, enabling remote patient monitoring and providing a platform for patients to securely convey messages, connect with service providers, and schedule appointments. Its applications extend to healthcare supply chain management, diagnostic and treatment support, as well as the monitoring and management of chronic diseases. Additionally, mHealth contributes significantly to fostering health awareness among individuals, playing a pivotal role in the evolution of healthcare practices by leveraging the capabilities of mobile technology and wireless connectivity.
India mHealth Market Trends:
The mHealth market in India is experiencing a transformative surge, reshaping the landscape of healthcare delivery through the integration of mobile technology and wireless communication. As a dynamic branch of electronic health (eHealth), this solution in India plays a pivotal role in revolutionizing healthcare accessibility, patient engagement, and overall health outcomes. Additionally, its applications range from enhancing medication adherence to facilitating seamless communication between healthcare providers and patients. One of the significant contributions of mHealth in India is the ability to enable remote patient monitoring, allowing healthcare professionals to track and manage patients' health conditions in real-time. Moreover, the mHealth market finds diverse applications in healthcare supply chain management, diagnostic and treatment support, and the monitoring and management of chronic diseases. It acts as a catalyst for increased health awareness among the population, providing information and resources at the fingertips of individuals, thereby promoting proactive health management. Besides this, as India witnesses a rapid adoption of smartphones and increasing internet penetration, the mHealth market is poised for exponential growth. The convenience offered by mHealth solutions, such as the ability to schedule appointments, access medical information, and receive personalized health advice, aligns with the evolving healthcare needs of the population. This, in turn, is expected to fuel the market growth in the coming years.
India mHealth Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on component, service, and participants.
Component Insights:
- Wearables
- Blood Pressure Monitors
- Blood Glucometer
- Pulse Oximeter
- Neurological Monitors
- Others
- mHealth Apps
- Medical Apps
- Fitness Apps
The report has provided a detailed breakup and analysis of the market based on the component. This includes wearables (blood pressure monitors, blood glucometer, pulse oximeter, neurological monitors, and others) and mhealth apps (medical apps and fitness apps).
Service Insights:
- Monitoring Services
- Diagnosis Services
- Healthcare Systems Strengthening Services
- Treatment Services
- Others
A detailed breakup and analysis of the market based on the service have also been provided in the report. This includes monitoring services, diagnosis services, healthcare systems strengthening services, treatment services, and others.
Participants Insights:
- mHealth Application Companies
- Pharmaceuticals Companies
- Hospitals
- Health Insurance Companies
- Others
The report has provided a detailed breakup and analysis of the market based on the participants. This includes mhealth application companies, pharmaceuticals companies, hospitals, health insurance companies, and others.
Regional Insights:
- North India
- West and Central India
- South India
- East and Northeast India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
India mHealth Market Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Million |
| Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
|
| Components Covered |
|
| Services Covered | Monitoring Services, Diagnosis Services, Healthcare Systems Strengthening Services, Treatment Services, Others |
| Participants Covered | mHealth Application Companies, Pharmaceuticals Companies, Hospitals, Health Insurance Companies, Others |
| Regions Covered | North India, West and Central India, South India, East and Northeast India |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the India mhealth market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India mhealth market?
- What is the breakup of the India mhealth market on the basis of component?
- What is the breakup of the India mhealth market on the basis of service?
- What is the breakup of the India mhealth market on the basis of participants?
- What are the various stages in the value chain of the India mhealth market?
- What are the key driving factors and challenges in the India mhealth?
- What is the structure of the India mhealth market and who are the key players?
- What is the degree of competition in the India mhealth market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India mhealth market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the India mhealth market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India mhealth industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
Need more help?
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- For further assistance, please connect with our analysts.
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