The Business Research Company’s report on the Patient Centric Healthcare App Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How have key drivers contributed to the rapid growth of the patient centric healthcare app market?
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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How has the patient centric healthcare app market size evolved, and what are the latest forecasts for its expansion?
The patient centric healthcare app market size has grown exponentially in recent years. It will grow from $21.37 billion in 2024 to $28.96 billion in 2025 at a compound annual growth rate (CAGR) of 35.5%. The growth in the historic period can be attributed to increased digitalization, rising healthcare costs, patient empowerment, demand for convenience, and 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 $105.44 billion in 2029 at a compound annual growth rate (CAGR) of 38.1%. The growth in the forecast period can be attributed to telemedicine expansion, IoT devices integration, personalized treatment plans, predictive health analytics, and blockchain for data security. Major trends in the forecast period include a continued focus on data privacy, value-based care models, integration with wearable devices, personal health records (PHR), and a focus on user experience (UX).
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Which major companies dominate the patient centric healthcare app market?
Major companies operating in the patient centric healthcare app market include Apple Inc., Google Inc., Pfizer Inc., Johnson And Johnson Private Limited, International Business Machines Corporation (IBM), Merck And Co. Inc., Bayer AG, Novartis AG, Cisco Systems Inc., Oracle Corporation, Koninklijke Philips NV, GE HealthCare Technologies Inc., Boston Scientific Corporation, Athenahealth Inc., Siemens Healthineers AG, Klick Inc., Altoros Systems LLC, Chetu Inc., iPatientCare LLC, Appinventiv Technologies Co, QuyTech Pvt Ltd, RipenApps Technologies CO, Zco Corporation, MobileSmith Inc., Assurecare LLC, McKesson Corporation
What trends will shape the future of the passenger vehicle telematics market?
Technological health solutions 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 January 2023, MyTelemedicine, a US-based telehealth platform, launched a new website www.mytelemedicine.com. It provides a sophisticated telehealth solution that enables healthcare organizations to develop their own tailored branded virtual care programs. The technology ensures smooth integration, delivery, and management of virtual care through a nationwide clinical network, a customizable telehealth platform, and a 24/7 dedicated care coordination team. Organizations can opt for a turnkey solution to launch services within 30 days or utilize the API suite for custom integration and workflow development designed to fit their user experience.
Which region dominates the patient centric healthcare app market, and what factors contribute to its leadership?
North America was the largest region in the patient-centric healthcare app market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the patient-centric healthcare app market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How is the patient centric healthcare app market segmented, and which segment holds the largest share?
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
Subsegments:
1) By Phone-Based Apps: Mobile Health Monitoring Apps, Medication Management Apps, Virtual Consultation/Telehealth Apps, Chronic Disease Management Apps
2) By Web-Based Apps: Patient Portals, Online Appointment Booking Systems, Web-Based Health Tracking and Monitoring Apps, Web-Based Health Education and Support Apps
3) By Wearable Patient Centric Apps: Fitness and Activity Trackers, Heart Rate and Blood Pressure Monitoring Apps, Sleep Monitoring Apps, Continuous Glucose Monitoring (CGM) Apps
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How is the patient centric healthcare app market defined?
A patient-centric healthcare app refers to a mobile application designed to prioritize and cater to the needs of patients by delivering healthcare services and resources directly to them, empowering them to take an active role in managing their health and accessing medical care. These apps aim to enhance patient engagement, facilitate access to healthcare services, and provide personalized health information and tools.
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