Global Patient Centric Healthcare App Market Size
Overview and Scope
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.
Sizing and Forecast
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).
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Segmentation & Regional Insights
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
North America was the largest region in the patient centric healthcare app market in 2023. 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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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the patient centric healthcare app market report are 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., Baxter International 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
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
…..
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
36. Appendix
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