Global Mobile Medical Apps Market Overview
The key drivers impacting the Mobile medical apps market are the surging adoption of smartphones, tablets, and other mobile platforms. For instance, the economics help organization reveals from zero sales at the commencement of 2010, the tablet market expanded to100 million units per annum by the end of 2013. It is predicted that tablet sales had recorded sales around 200 million per annum by the year 2016. Similarly, according to the Pew Research center report estimations, in 2019, over 5 billion people had mobile devices globally, in which half of these connections were smartphones. Moreover, the convergence of several favorable trends, such as integrating healthcare apps and devices, contributes to mobile medical apps market demand in the later years.
The global demand for mobile medical apps market was valued at 5,027.88 USD MN in 2021 and is expected to generate revenue of 19,647.88 USD MN in 2028, growing at a CAGR of 21.25% between 2022 and 2028.
The growing promotion of mHealth applications due to their benefits in improving patient lifestyle and treatment will likely augment the need for Mobile medical apps in the forecast period. Also, the robust adoption of 3G and 4G networks in healthcare services positively impact market growth. However, the lack of proper standards and regulations hamper the market in the long run. In addition, the low guidance from physicians in choosing apps impedes market growth. Nevertheless, the market trends, such as the growing popularity of patient-centric healthcare delivery and increasing preference for mobile apps by patients, healthcare professionals, and other consumers, might provide considerable opportunities to the market's leading players.
The Mobile medical apps market is widespread, with many local and international players. The market leaders follow diverse strategies to strengthen their market, such as amalgamation, extending product portfolio, acquisitions, contracts, product upgrades to raise their market share globally. The key players in the report are Medtronic, Johnson & Johnson Services Inc., Alivecor Inc., Cerner Corporation, Koninklijke Philips N.V, Ihealth Labs Inc., Agamatrix, Athenahealth Inc., Nike Inc., Boston Scientific Corporation, Abbott, Fitbit Inc., Skinvision, Bayer, Merck
In this research report, the Mobile medical apps market is segmented by service, application, and region.
Analysis by Service:
By service, the report is divided into medical monitoring, nutrition & fitness, diagnostic treatment, and other services. The medical monitoring segment dominates with a significant market share of 39.28% in 2021. It is due to the massive adoption of high and growing penetration of smartphones and healthcare apps. Moreover, the rising lifestyle-related disorders lead to an increasing focus of consumers globally on fitness is, thereby contributing to the growth of the medical monitoring segment in the forecast period.
Analysis by Application:
By application, the report is divided into nursing tools, drug references, study tools (includes games and flashcards), medical references, and clinical support systems. The medical reference segment dominates the application segment with the highest market share of 34.03% in 2021. It allows physicians to stay up-to-date in the medical world, which leads to increased demand among healthcare professionals, which contributes to the medical reference segment growth.
Analysis by Region:
In the regional outlook of the global Mobile medical apps market, the North America region dominates with the largest market share of 36.45% in 2020. It is due to the significant number of health care professionals who use mobile phone medical applications in everyday business activities. Moreover, the Popularity of medical apps is low compared to other mobile phone apps, and the rising preference for medical apps for patient health monitoring across U.S and Canada is contributing to the huge market growth across North America.
Market Segmentation covered in the Report:
By Service
- Medical Monitoring
- Nutrition & Fitness
- Diagnostic Treatment
- Other Services
By Application
- Nursing Tools
- Drug References
- Study Tools (includes games and flashcards)
- Medical Reference
- Clinical Support Systems
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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