The mhealth market in the UK is expected to reach a projected revenue of US$ 6,661.7 million by 2030. A compound annual growth rate of 14.2% is expected of the UK mhealth market from 2024 to 2030.
The UK mhealth market generated a revenue of USD 2,635.9 million in 2023 and is expected to reach USD 6,661.7 million by 2030.
The UK market is expected to grow at a CAGR of 14.2% 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 2,635.9 million
Market revenue in 2030
USD 6,661.7 million
Growth rate
14.2% (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, UK accounted for 4.1% 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 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.
The increasing demand for mobile healthcare devices among consumers in the UK is expected to supplement market growth. For instance, according to the ORCHAHEALTH report from 2021, 38% of people in the UK have used a health app. Most people have had a positive experience, with 87.4% of residents satisfied with their app.
Among those who were satisfied, 39% reported being strongly satisfied. Moreover, there are various opportunities for app developers in the UK owing to the country’s high digital adoption and literacy. In London, various healthcare app development companies, such as Vention, Infinum Inc., and exyte, are leveraging the major growth opportunities in the mHealth services market.
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 U.K. mhealth market based on wearables & connected medical devices, mhealth apps, services covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing demand for mobile healthcare devices among consumers in the UK is expected to supplement market growth. For instance, according to the ORCHAHEALTH report from 2021, 38% of people in the UK have used a health app. Most people have had a positive experience, with 87.4% of residents satisfied with their app.
Among those who were satisfied, 39% reported being strongly satisfied. Moreover, there are various opportunities for app developers in the UK owing to the country’s high digital adoption and literacy. In London, various healthcare app development companies, such as Vention, Infinum Inc., and exyte, are leveraging the major growth opportunities in the mHealth services market.
U.K. Mhealth Market Component Outlook (Revenue, USD Million , 2018-2030)
Wearables & Connected Medical Devices
mHealth Apps
Services
U.K. 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 U.K. Mhealth Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.K. Mhealth Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.