India mHealth Market Outlook, Growth Factors, Industry Size, Investment Opportunity 2024-2032

India mHealth Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 10.30% (2024-2032)

The India mHealth market is rapidly growing, driven by increased smartphone usage, digital health initiatives, and rising demand for remote healthcare services. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 10.30% from 2024 to 2032.

India mHealth Market Trends and Drivers:

The India mHealth market is expanding rapidly, owing to the increasing use of smartphones as well as the rising internet penetration. Besides this, mobile health (mHealth) applications are becoming a preferred way for healthcare services to be provided as more people have access to digital platforms. In line with these factors, the India mHealth market is also fueled by the increasing burden of chronic diseases like diabetes, hypertension, and cardiovascular conditions, which necessitate continuous monitoring and personalized care.

This has led to a surge in demand for remote healthcare solutions, including telemedicine, mobile diagnostic tools, and wellness apps. Furthermore, the initiatives of the government bodies to improve wellness accessibility through digital means and the rising awareness about preventive healthcare are thereby driving market expansion.

Key trends shaping the India mHealth market include advancements in wearable technology and the integration of artificial intelligence and machine learning. These innovations enable real-time data collection, personalized insights, and improved patient management. Moreover, the rise of telemedicine, catalyzed by the COVID-19 pandemic, has made remote consultations mainstream, enhancing the reach of healthcare services.

Additionally, health apps focusing on fitness, mental health, and disease management are gaining popularity, offering users greater control over their health. Apart from this, as healthcare becomes more digitized, the India mHealth market is poised to grow significantly in the coming years, supported by technological advancements and a shift towards patient-centric care.

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India mHealth Market Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Component:

  • Wearables
    • Blood Pressure Monitors
    • Blood Glucometer
    • Pulse Oximeter
    • Neurological Monitors
    • Others
  • mHealth Apps
    • Medical Apps
    • Fitness Apps

Breakup by Service:

  • Monitoring Services
  • Diagnosis Services
  • Healthcare Systems Strengthening Services
  • Treatment Services
  • Others

Breakup by Participants:

  • mHealth Application Companies
  • Pharmaceuticals Companies
  • Hospitals
  • Health Insurance Companies
  • Others

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East and Northeast India

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

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Key highlights of the Report:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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