Mobile Medical Apps Market Exceed Valuations of USD 38.47 billion at a Potential Growth rate of 27.90% During the Forecast Period 2029
A wide-reaching Mobile Medical Apps Market report aids in determining and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. This market research report comprises of different industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company. It helps companies to take decisive actions to deal with threats in the niche market. Global Mobile Medical Apps Market business report presents actionable market insights with which businesses can settle on sustainable and lucrative strategies.
Mobile medical apps, also known as mHealth, refer to the type of applications used to generally manage patient experiences. These health mobile apps utilize sophisticated data analytics and mobile technologies to offer the best care possible at a low cost from convenient locations.
Global Mobile Medical Apps Market was valued at USD 5.37 billion in 2021 and is expected to reach USD 38.47 billion by 2029, registering a CAGR of 27.90% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
In recent years, mobile medical apps have become one of the significant needs across the world. The utilization of connected devices and medical apps to manage chronic diseases. The medical apps collect and track individuals’ health-related data to enhance overall health.
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Mobile Medical Apps Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Penetration of Internet
The proliferation of high-speed internet across the globe acts as one of the major factors driving the growth of mobile medical apps market.
Government investments for healthcare interoperability
The increase in the funding by the federal government to drive the adoption of personal health apps further influence the market.
Adoption of Smart Technologies
The high adoption of wearable devices, big data analytics, and (Internet of Things) IoT in healthcare sector accelerate the market growth.
Regulatory Compliance
Maintaining compliance with medical reforms and regulations raises the demand for these solutions.
Additionally, advancements in healthcare infrastructure, availability of dynamic nature of health benefit plan designs, surge in disposable income and advancements in healthcare infrastructure positively affect the mobile medical apps market.
Opportunities
Furthermore, smartphone penetration extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, use of mHealth solutions in outpatient care facilities will further expand the mobile medical apps market ‘s growth rate in the future.
Global Mobile Medical Apps Market Scope and Market Size
The mobile medical apps market is segmented on the basis of product, category, type, application, therapeutic segments, and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
Epocrates
Medscape Mobile
Iradiology
Nursing Central
Care360 Mobile
STAT ICD-9 LITE
Netter\’S Atlas Of Human Anatomy
EMR Apps
Category
Care Management Apps
Medical Monitoring Apps
Health and Wellness Apps
Women Health Apps
Medication Management Apps
Others
Type
Non-Medical Devices Apps
Connected Medical Devices Apps
In-Built Devices Medical Apps
Application
Blood Glucose Meters
ECG Monitors
Blood Pressure Monitors
Pulse Oximeters
Neurological and Mental Health Apps
Sleep Apnoea Monitoring Apps
Fitness Apps, Medical Reference Apps
Wellness Apps
Nutrition Apps, Personal Health Record Apps
Chronic Disease Management Apps
Diagnostic Apps
Remote Monitoring Apps
Reminder and Alert Apps
Consultation and Compliance Apps
Fertility Apps
Pregnancy Apps
Other App
Therapeutic Segments
Cardiovascular
Diabetes
Respiratory
Neurology
Others
End User
Healthcare Providers
Healthcare Payers
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Mobile Medical Apps Market Regional Analysis/Insights
The mobile medical apps market is analysed and market size insights and trends are provided by country, product, category, type, application, therapeutic segments, and end user as referenced above.
The countries covered in the mobile medical apps market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the mobile medical apps market because of the rapid growth in the usage of smartphones and developments in coverage networks within the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the smartphone penetration and increasing internet users in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Mobile Medical Apps Market Share Analysis
The mobile medical apps market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to mobile medical apps market.
Some of the major players operating in the mobile medical apps market are
Apple Inc (US)
Medtronic (Ireland)
SAMSUNG (South Korea)
Koninklijke Philips N.V. (Netherlands)
iHealth Labs Inc (US)
AT&T Intellectual Property. (US)
Allscripts Healthcare, LLC (US)
Qualcomm Technologies, Inc. (US)
Cerner Corporation. (US)
Doximity, Inc. (San Francisco)
Evolent Health, Inc. (US)
Oscar Insurance (US)
Zest Health (US)
athenahealth, Inc. (US)
OMRON Corporation (Japan)
Nokia (Finland)
Cisco Systems, Inc. (US)
AIRSTRIP TECHNOLOGIES, INC. (US)
BioTelemetry, Inc. (US)
AliveCor, Inc. (US)
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Research Methodology: Global Mobile Medical Apps Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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