Patient-centric healthcare apps have revolutionized the healthcare industry by providing convenient, cost-effective, and quality healthcare services to patients. These apps enable patients to manage and track their health records, book appointments, order prescriptions, and access educational healthcare resources from the comfort of their homes. With features like remote patient monitoring and quick symptom checkers, patient centric healthcare apps have streamlined the process of diagnosis and treatment. The global Patient Centric Healthcare App Market is estimated to be valued at US$ 9,760.4 Mn in 2023 and is expected to exhibit a CAGR of 39.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Increasing adoption of technology in patient care services has emerged as a key trend fueling the growth of the patient centric healthcare app market. Healthcare providers are increasingly embracing digital tools and solutions to enhance patient engagement and streamline workflow. Patient centric apps provide a convenient platform for remote monitoring of patients with chronic conditions, thereby reducing hospital visits and healthcare costs. They also enable patients to access educational resources and consultation with healthcare professionals from anywhere. This has boosted adoption of such apps amid the ongoing crisis by facilitating virtual healthcare delivery. Growing preference for personalized care and focus on patient-provider communication is expected to further propel the demand over the forecast period.
Segment Analysis
The global patient centric healthcare app market can be segmented based on products, end-users and regions. Based on products, the market is segmented into wellness management and health condition management apps. The wellness management apps segment dominates the market as these apps help individuals to manage their fitness, diet and health goals effectively and track fitness activities like steps count. They provide wellness solutions like weight loss programs and preventive care which are increasingly being used by the health-conscious population.
Key Takeaways
The global patient centric healthcare app market is expected to witness high growth during the forecast period of 2023 to 2030. The market is estimated to reach a value of US$ 9,760.4 Mn by 2023 and projected to grow at a CAGR of 39.% between 2023 and 2030.
Regional analysis
North America dominates the global market currently due to growing adoption of advanced healthcare technologies and presence of major players in the region. However, Asia Pacific region is expected to witness the fastest growth over the forecast period supported by rising awareness regarding telehealth and increasing penetration of smartphones in emerging economies like China and India.
Key players
Key players operating in the patient centric healthcare app market are Bayer AG, Novartis AG, Siemens Healthineers AG, Pfizer Inc., Koninklijke Philips NV, MobileSmith Inc., Merck KgaA, MFine Pvt Ltd., Athenahealth Inc., Oracle (Cerner Corporation), ASSURECARE LLC (IPATIENT CARE), Boston Scientific Corporation, International Business Machines Corporation (IBM), Allscripts Healthcare Solutions Inc., and Baxter International Inc. (HillRom Services, Inc.).
No comments:
Post a Comment