The mhealth market in Norway is expected to reach a projected revenue of US$ 4,779.2 million by 2030. A compound annual growth rate of 14.8% is expected of Norway mhealth market from 2024 to 2030.
The Norway mhealth market generated a revenue of USD 1,823.0 million in 2023 and is expected to reach USD 4,779.2 million by 2030.
The Norway market is expected to grow at a CAGR of 14.8% 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 1,823.0 million
Market revenue in 2030
USD 4,779.2 million
Growth rate
14.8% (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, Norway accounted for 2.8% 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.
Norway’s advanced healthcare infrastructure and a growing geriatric population are expected to boost market growth over the forecast period. For instance, according to the Knoema report, in 2022, 18.4% of Norway’s population was aged 65 years and above, an increase from the previous year’s 18.1%.
As a result, the demand for mHealth solutions is likely to increase. Increasing adoption of eHealth services in hospitals is expected to drive the market. In January 2024, Kyndryl, the world’s largest provider of IT infrastructure services, launched the Managed Kubernetes platform for DIPS AS.
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 Norway mhealth market based on wearables & connected medical devices, mhealth apps, services covering the revenue growth of each sub-segment from 2018 to 2030.
Norway’s advanced healthcare infrastructure and a growing geriatric population are expected to boost market growth over the forecast period. For instance, according to the Knoema report, in 2022, 18.4% of Norway’s population was aged 65 years and above, an increase from the previous year’s 18.1%.
As a result, the demand for mHealth solutions is likely to increase. Increasing adoption of eHealth services in hospitals is expected to drive the market. In January 2024, Kyndryl, the world’s largest provider of IT infrastructure services, launched the Managed Kubernetes platform for DIPS AS.
Norway Mhealth Market Component Outlook (Revenue, USD Million , 2018-2030)
Wearables & Connected Medical Devices
mHealth Apps
Services
Norway 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 Norway Mhealth Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Norway Mhealth Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.