Mobile-health surges 22.83% intraday as mHealth market forecasted to hit $195.50 billion by 2033.

Mobile-health surged 22.83% intraday following a DataM Intelligence report projecting the global mobile health market to grow from $64.53 billion in 2024 to $195.50 billion by 2033 at a 13.0% CAGR. The report highlighted recent advancements, including Teladoc Health’s AI-driven triage expansion, Apple’s FDA-certified Apple Watch health features, and Fitbit’s HIPAA-compliant diabetes management tools. These developments, alongside regulatory tailwinds and rising demand for remote monitoring, reinforced investor confidence in the sector’s long-term potential, directly driving the stock’s sharp intraday rally.