MDT · News · 20261013N

mHealth Solutions Market Growth

Medtronic plc · 2026-10-13 · Importance 35 · Surprise 48

The global mHealth solutions market is projected to increase from $109.05 billion in 2026 to $275.44 billion by 2031, representing a 20.4% CAGR. Market expansion is supported by adoption of connected medical devices, remote patient monitoring, mobile medical applications, AI-enabled healthcare software, and digital-health infrastructure. Medtronic is listed among the profiled companies, while Asia Pacific is identified as the fastest-growing region.

Key facts

• NorthCrest Asset Management LLC increased its stake in Medtronic PLC by 14.2%, acquiring an additional 13,074 shares, bringing its total to 105,147 shares valued at $9.23 million. source
• The global mHealth solutions market is projected to grow from USD 109.05 billion in 2026 to USD 275.44 billion by 2031, registering a CAGR of 20.4% during the forecast period, and the report profiles Medtronic among key players. source
• Sivik Global Healthcare LLC purchased 45,000 shares of Medtronic PLC valued at approximately $3.9 million. source
• MarketBeat reported institutional investors collectively own 82.06% of Medtronic stock. source
• Analysts have given Medtronic a 'Moderate Buy' consensus rating with an average target price of $102.88, following strong quarterly earnings and a declared quarterly dividend of $0.72 per share. source
• MarketBeat reported analysts maintain a 'Moderate Buy' rating for Medtronic despite increased short interest and noted the company recently reported strong quarterly earnings and declared a quarterly dividend. source