The mhealth market in China is expected to reach a projected revenue of US$ 12,455.4 million by 2030. A compound annual growth rate of 15.4% is expected of China mhealth market from 2024 to 2030.
The China mhealth market generated a revenue of USD 4,563.0 million in 2023 and is expected to reach USD 12,455.4 million by 2030.
The China market is expected to grow at a CAGR of 15.4% from 2024 to 2030.
In terms of segment, mhealth apps was the largest revenue generating component in 2023.
MHealth Apps is the most lucrative component segment registering the fastest growth during the forecast period.
Mhealth market data book summary
Market revenue in 2023
USD 4,563.0 million
Market revenue in 2030
USD 12,455.4 million
Growth rate
15.4% (CAGR from 2023 to 2030)
Largest segment
Mhealth apps
Fastest growing segment
MHealth Apps
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Wearables & Connected Medical Devices, MHealth Apps, Services
Key market players worldwide
Apple Inc, AT&T, Airstrip Technologies, Veradigm Inc, Qualcomm Inc, Vodafone Group PLC, Alphabet Inc Class A, Telefonica SA, SoftServe, Samsung Electronics Co Ltd, Orange SA
Other key industry trends
In terms of revenue, China accounted for 7.1% of the global mhealth market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China mhealth market is projected to lead the regional market in terms of revenue in 2030.
South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,133.2 million by 2030.
The growing patient population and increasing internet penetration in China can spur the country’s market. According to data from the China Internet Network Information Center (CNNIC).
Moreover, the increasing use of smartphones is expected to drive the adoption of mobile platforms for various healthcare services. As per an article published by Toluna, Inc. in May 2022.
Chunyu Doctor is another telemedicine app that provides consultation services to patients. In China, developing mobile infrastructure and innovations in mobile technology have led to the growth of mHealth solutions.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Mhealth Market Outlook will help companies and investors design strategic landscapes.
Mhealth Apps was the largest segment with a revenue share of 44.74% in 2023.
Horizon Databook has segmented the China mhealth market based on wearables & connected medical devices, mhealth apps, services covering the revenue growth of each sub-segment from 2018 to 2030.
The growing patient population and increasing internet penetration in China can spur the country’s market. According to data from the China Internet Network Information Center (CNNIC).
Moreover, the increasing use of smartphones is expected to drive the adoption of mobile platforms for various healthcare services. As per an article published by Toluna, Inc. in May 2022.
Chunyu Doctor is another telemedicine app that provides consultation services to patients. In China, developing mobile infrastructure and innovations in mobile technology have led to the growth of mHealth solutions.
China Mhealth Market Component Outlook (Revenue, USD Million , 2018-2030)
Wearables & Connected Medical Devices
mHealth Apps
Services
China Mhealth Market End-use Outlook (Revenue, USD Million , 2018-2030)
Patients
Providers
Payers
Other End-user
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Horizon Databook provides a detailed overview of country-level data and insights on the China Mhealth Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Mhealth Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.