The Patient Centric Healthcare App Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Patient Centric Healthcare App Global Market Report 2024, The patient centric healthcare app market size has grown exponentially in recent years. It will grow from $15.96 billion in 2023 to $21.77 billion in 2024 at a compound annual growth rate (CAGR) of 36.4%. The growth in the historic period can be attributed to increased digitalization, rising healthcare costs, patient empowerment, demand for convenience, healthcare access barriers.
The patient centric healthcare app market size is expected to see exponential growth in the next few years. It will grow to $75.53 billion in 2028 at a compound annual growth rate (CAGR) of 36.5%. The growth in the forecast period can be attributed to telemedicine expansion, iot devices integration, personalized treatment plans, predictive health analytics, blockchain for data security. Major trends in the forecast period include continued focus on data privacy: value-based care models, integration with wearable devices, personal health records (phr), focus on user experience (ux).
Increasing demand for telehealth and mobile health services is expected to propel the growth of the patient-centric healthcare app market going forward. Telehealth and mobile health services use telecommunications technology, such as video conferencing, mobile applications, and remote monitoring devices, to provide healthcare services and access medical information remotely. Several patient-centric healthcare apps incorporate telehealth and mobile health services to provide convenient and accessible healthcare. It offers remote consultations, urgent care and triage, and mental health support, gathers behavioral and health indicators supplied by patients, and emphasizes management objectives. For instance, in March 2023, according to the Supportive Care ABA., a US-based home healthcare agency, in 2021, 13% to 17% of US patients used telehealth, reaching 24.2 million individuals in 2021 and 27.6 million by 2022. Furthermore, in December 2022, according to Vicert d.o.o., a US-based digital health solutions software company, 62% of smartphone users had health apps in 2022, 77% of adults were getting health information about their health, and 3,50,000 mobile health apps were available in 2022. Therefore, increasing demand for telehealth and mobile health services is driving the growth of the patient-centric healthcare app market.
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The patient centric healthcare app market covered in this report is segmented –
1) By Technology: Phone-Based Apps, Web-Based Apps, Wearable Patient Centric Apps
2) By Deployment Model: On-Premise, Cloud-Based
3) By Operating System: iPhone Operating System (iOS), Android, Windows, Other Operating Systems
4) By Category: Wellness Management, Disease And Treatment Management, Other Categories
5) By End User: Healthcare Payers, Healthcare Providers, Patients, Vendors, Other End Users
Technological health applications are a key trend gaining popularity in the patient-centric healthcare app market. Major companies operating in the patient-centric healthcare app market are developing innovative technological health applications to sustain their position in the market. For instance, in May 2021, Proximus plc., a Belgium-based mobile telecommunications company, launched Doktr, an innovative patient-centric teleconsultation app that allows patients to contact a qualified doctor conveniently and securely. Doktr is a valuable tool for patients who need to see a doctor but do not want to or cannot go to a doctor's office. The app is also a convenient option for patients with busy schedules or who live in rural areas. Additionally, it benefits from being suitable with a wide range of doctors, time-saving, cost-effective, safe, and secure.
The patient centric healthcare app market report table of contents includes:
1. Executive Summary
2. Patient Centric Healthcare App Market Characteristics
3. Patient Centric Healthcare App Market Trends And Strategies
4. Patient Centric Healthcare App Market - Macro Economic Scenario
5. Global Patient Centric Healthcare App Market Size and Growth
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31. Patient Centric Healthcare App Market Other Major And Innovative Companies
32. Global Patient Centric Healthcare App Market Competitive Benchmarking
33. Global Patient Centric Healthcare App Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Patient Centric Healthcare App Market
35. Patient Centric Healthcare App Market Future Outlook and Potential Analysis
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This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the patient centric healthcare app market include Allscripts Healthcare Solutions, Inc., Bayer AG, International Business Machines Corporation (IBM), iPatientCare, Inc., lick Inc., Koninklijke Philips N.V., Merck & Co., Inc., MobileSmith, Inc., Novartis AG, Pfizer Inc., Siemens AG.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Patient Centric Healthcare App Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/patient-centric-healthcare-app-market/download-sampleMarket DynamicsIncrease in chronic disease, availability of low cost, convenient healthcare devices, a paradigm shift from clinical-centric to patient-centric healthcare, and the growing popularity of virtual healthcare will be the primary factors leading this market.
The advancement in wireless communications, video conferencing, streaming media, mobile solutions, AI, and IoT technologies and their applications in the healthcare sector will boost the market growth.
The ability to access information and tools related to any disease and choose and decide the medical treatment method that suits one's lifestyle and health conditions will benefit this market's growth.
Patient-centric healthcare will continue to grow soon since it is a qualitative method that offers positive outcomes to both the medical and business communities.
