The Disease Management Apps 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 Disease Management Apps Global Market Report 2024, The disease management apps market size has grown rapidly in recent years. It will grow from $10.17 billion in 2023 to $11.55 billion in 2024 at a compound annual growth rate (CAGR) of 13.6%. The growth in the historic period can be attributed to infrastructure development boom, mining and quarrying activities, agricultural mechanization, government infrastructure investment, global economic growth.
The disease management apps market size is expected to see rapid growth in the next few years. It will grow to $18.96 billion in 2028 at a compound annual growth rate (CAGR) of 13.2%. The growth in the forecast period can be attributed to renewable energy projects, focus on sustainable construction practices, e-commerce infrastructure development, rise in disaster response and recovery efforts, global urban population growth. Major trends in the forecast period include enhancement of operator comfort and safety, application of advanced materials for durability, integration of intelligent machine control systems, focus on modular and versatile attachments, implementation of predictive maintenance technologies, adoption of remote control and teleoperation..
The increasing prevalence of chronic disorders is expected to propel the growth of the disease management apps market going forward. Chronic conditions also known as chronic diseases refer to long-lasting medical conditions that persist over an extended period, typically for three months or more. Disease management apps are in chronic diseases for providing tools to track symptoms, log medication intake, monitor vital signs, and identify triggers. For instance, in September 2022, according to the World Health Organization (WHO), a Switzerland-based specialized agency of the United Nations, there were 41 million deaths, which is 74% of those caused by chronic diseases every year across the globe. There were 17.9 million deaths from cardiovascular diseases, 9.3 million deaths from cancer, 4.1 million deaths from chronic respiratory diseases, and 2.0 million deaths from diabetes. Therefore, the increasing prevalence of chronic conditions is driving the growth of the disease management apps market going forward.
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The disease management apps market covered in this report is segmented –
1) By Platform Type: iOS, Android, Other Platform Types
2) By Device: Smartphones, Tablets, Wearables
3) By Indication: Obesity, Cardiovascular Issues, Mental Health, Diabetes, Other Indications
Major companies operating in the disease management apps market are focusing on technological advancements such as GenAI to increase their profitability in the market. GenAI is an artificial intelligence technology that enables the automation of clinical summary report generation and enhances communication between patients and providers. For instance, in August 2023, Huma Therapeutics, a UK-based healthcare technology company, launched the GenAI artificial intelligence (AI) disease management platform technology using Google Cloud. This latest technology is specifically designed to integrate into its disease-management platform to improve the decision-making tools for diagnostic treatment and recommendations.
The disease management apps market report table of contents includes:
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