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Patient Centric Healthcare App Market 2022 Comprehensive Growth, Consumption Analysis by Applications, Future Demand, Top Leading Players, Emerging Trends and Forecast to 2026

Patient centric healthcare apps are well-designed to support healthcare delivery and has the potential to increase the quality, effectiveness, and efficacy of patient’s health. Technological advancements in information technology (IT) has enabled redesigning of healthcare process by the use and integration of electronic communication in the healthcare process.

The patient centric healthcare apps have revolutionized the complete health specific service. Health-related problems are among the major threats faced by the society, wherein the consumer-centric digital explosion has transformed the patients live by heralded patient centric apps.

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These apps help the users to stay updated about medication times, check on number of calories consumed, dehydration level in body, and other body parameters. The global patient centric healthcare app market was valued at $10,235.0 million in 2021, and is expected to reach $113,728.0 million by 2026, registering a CAGR of 40.9% during the forecast period.

In order to produce a holistic assessment of the market, a variety of factors is considered, including demographics, business cycles, and microeconomic factors specific to the market under study. Global patient-centric healthcare app market report 2021 also contains a comprehensive business analysis of the state of the business, which analyzes innovative ways for business growth and describes critical factors such as prime manufacturers, production value, key regions, and growth rate.

The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.

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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

Rise in demand for patient centric ecosystem, where the app developer, mobile vendors, healthcare professionals, and medicine industry collaborate to offer patient centric approach in medical sector. In addition, the rise in smartphone penetration for patient centric apps, rise in demand for personalized care apps, and rapid digitalization supplement the growth of the global patient centric healthcare app market.

However, expensive changeover to patient centric approach, lack of adequate training to healthcare professionals and insufficient supply to demand side ratio also hamper the growth of the global patient centric healthcare app market. Moreover, the increase in the transition toward digitalized healthcare and growing awareness toward innovative patient centric apps will demand for more patient centric healthcare apps, which would further create numerous opportunities for key vendors in this market.

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The global patient centric healthcare app market is segmented based on technology, operating system, category, end user, and region. Based on technology, the market is segmented into phone-based app, web-based app, and wearable patient centric app. Based on operating system, this market is segmented into iOS, Android, Windows, and others.

Based on category, this market is segmented into wellness management and disease and treatment management. Wellness management is sub segmented into fitness, lifestyle and stress and diet & nutrition and disease & treatment management is sub segmented into healthcare providers/insurance, medication reminders and information, women’s health & pregnancy and disease specific. Further, based on end user this market is segmented into hospitals, clinics, and home use.

KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the global patient centric healthcare app market, with current trends and future estimations to elucidate the imminent investment pockets.
A quantitative analysis from 2016 to 2023 is discussed to enable the stakeholders to capitalize on the prevailing market opportunities.
Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the market.
Porter’s Five Forces model is expected to interpret the bargaining power of suppliers & buyers, threat of new entrants & substitutes, and competition among the key players.

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KEY MARKET SEGMENTS

By Technology

Phone Based App
Web Based App
Wearable Patient Centric App

By Operating System

iOS
Android
Windows
Others

By Category

Wellness Management
Fitness
Lifestyle and Stress
Diet and Nutrition
Disease and Treatment Management
Healthcare Providers/Insurance
Medication Reminders and Information
Women’s Health and Pregnancy
Disease Specific

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By End User

Hospitals
Clinics
Home Use

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Turkey
Saudi Arabia
South Africa
Rest of LAMEA

KEY PLAYERS PROFILED

Allscripts Healthcare Solutions, Inc.
Bayer AG
International Business Machines Corporation (IBM)
iPatientCare, Inc.
Klick Inc.
Koninklijke Philips N.V.
Merck & Co., Inc.
MobileSmith, Inc.
Novartis AG
Pfizer Inc.
Siemens AG.

The other players in the value chain include (profiles not included in the report)

Clue
Medecision Company
Voluntis S.A.
Cureatr Inc.
Lets Nurture Infotech Pvt. Ltd.
Medical Web Experts

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What are the aspects of this report that relate to regional analysis?

The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.

Reports on the market include the growth rates of each region, which includes their countries, over the coming years.

How are the key players in the market assessed?

This report provides a comprehensive analysis of leading competitors in the market.

The report includes information about the key vendors in the market.

The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.

The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.

A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

Following are the questions answered by the Market report:

What are the goals of the report?

This market report shows the projected market size for the pain management devices market at the end of the forecast period. The report also examines the historical and current market sizes.

On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.

The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.

The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.

The research report includes various factors contributing to the market’s growth.

The report analyzes the growth rate, market size, and market valuation for the forecast period.

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What factors are taken into consideration when assessing the key market players?

The report analyzes companies across the globe in detail.

The report provides an overview of major vendors in the market, including key players.

Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.

This report includes a comparison of market competitors and a discussion of the standpoints of the major players.

Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.

What are the key findings of the report?

This report provides comprehensive information on factors expected to influence the market growth and market share in the future.

The report offers the current state of the market and future prospects for various geographical regions.

This report provides both qualitative and quantitative information about the competitive landscape of the market.

Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.

It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.

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Updated : 2022-05-24 13:21 GMT+08:00