Denmark Mhealth Market Size & Outlook, 2023-2030
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Denmark mhealth market highlights
- The Denmark mhealth market generated a revenue of USD 1,898.3 million in 2023 and is expected to reach USD 5,007.5 million by 2030.
- The Denmark market is expected to grow at a CAGR of 14.9% 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 1,898.3 million |
| Market revenue in 2030 | USD 5,007.5 million |
| Growth rate | 14.9% (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, Denmark accounted for 3.0% 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 Europe, UK mhealth market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 3,525.9 million by 2030.
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Mhealth Market Scope
Mhealth Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Telefonica SA | View profile | 104142 | Ronda de la Comunicacion, s/n, Central Building Auditorium, Floor 3, Telefonica District, Madrid, Spain, 28050 | https://www.telefonica.com |
| Airstrip Technologies | View profile | 101-250 | San Antonio, Texas, United States, North America | http://www.airstrip.com/ |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | https://www.att.com |
| Vodafone Group PLC | View profile | 85225 | Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN | https://www.vodafone.com |
| SoftServe | View profile | 5001-10000 | Austin, Texas, United States, North America | http://www.softserveinc.com |
| Orange SA | View profile | 129500 | 111 Quai du President Roosevelt, Issy-les-Moulineaux, Paris, France, 92130 | https://www.orange.com/en |
| Qualcomm Inc | View profile | 50000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | https://www.qualcomm.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Veradigm Inc | View profile | 7869 | 222 Merchandise Mart Plaza, Suite 2024, Chicago, IL, United States, 60654 | https://www.veradigm.com |
| Apple Inc | View profile | 161000 | One Apple Park Way, Cupertino, CA, United States, 95014 | https://www.apple.com |
Denmark mhealth market outlook
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 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 Denmark mhealth market based on wearables & connected medical devices, mhealth apps, services covering the revenue growth of each sub-segment from 2018 to 2030.
A high smartphone penetration rate contributes to the widespread adoption of mHealth services. As per Kepios, at the beginning of 2023, there were 5.78 million internet users in Denmark, with a 98.1% internet penetration rate. Furthermore, increasing adoption of digital health solutions is expected to spur the market.
In December 2023, the Government, Municipalities (KL), and Danish Regions signed an agreement providing USD 72.3 million from 2023 to 2028 to support digital home treatment in the healthcare system. The government’s support for eHealth initiatives and investments in telemedicine is supplementing market growth.
In November 2023, Danish Regions launched a national telemedicine solution for patients with severe Chronic Obstructive Pulmonary Disease (COPD). This is based on previous economic agreements between the Danish Regions, government, and KLs.
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Target buyers of Denmark mhealth market databook
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Our clientele includes a mix of mhealth market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark mhealth market , including forecasts for subscribers. This country databook contains high-level insights into Denmark mhealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark mhealth market size, by component, 2018-2030 (US$M)
Denmark Mhealth Market Outlook Share, 2023 & 2030 (US$M)
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