February 16, 2025

Patient Centric Healthcare App Market is Expected to be Flourished by Adoption of Telehealth and Remote Patient Monitoring Solutions

The patient centric healthcare app market comprises apps to help improve patients’ healthcare by keeping them involved and informed about their health. These apps enable access to medical records, appointment booking and scheduling, prescription management, medical reference, disease diagnosis, health tracking, and remote monitoring for chronic conditions. They empower patients to take better care of themselves and make informed healthcare choices.

The global patient centric healthcare app market is estimated to be valued at US$ 9,760.4 Mn in 2023 and is expected to exhibit a CAGR of 39.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:
Adoption of telehealth and remote patient monitoring solutions is expected to drive the patient centric healthcare app market growth over the forecast period. With these apps, healthcare providers can remotely monitor patients’ vital signs and symptoms using digital tools and medical devices. This allows improved management of chronic diseases and reducesreadmissions.For instance, apps for monitoring heart rate, blood pressure, blood sugar help manage cardiovascular diseasesand diabetes moreeffectively. They enable identification of early signs of deterioration and ensure timely interventions. This enhances patient outcomes and lowers healthcare costs by preventing expensiveemergency room visits and hospitalizations.Growing investments by players to develop more sophisticated tools for remote care will boost the market in coming years.

Segment Analysis
The global patient centric healthcare app market can be segmented based on product, category, platform, end user, and region. Based on product, it is segmented into fitness apps, medical apps, wellness apps, women’s health apps, medication management apps, chronic disease management apps, and others. Fitness apps held the largest market share in 2020 owing to increased focus towards preventive healthcare and fitness.

Based on category, it is segmented into healthcare provider apps, fitness apps, medical apps, and others. Health provider apps dominates the market as they help in monitoring vital signs, managing appointments and billing.

Based on platform, the market is segmented into web-based, iOS, and android. Android dominates due to low-cost availability and various customization options provided by different smartphone makers.

Based on end user, it is segmented into hospitals, clinics, home use, and others. Home use segment is expected to grow at the highest CAGR during the forecast period due to increased convenience of remote monitoring.

PEST Analysis
Political: Government is promoting adoption of digital healthcare through initiatives like electronic health records to curb rising healthcare costs. Regulations around data privacy and security are being strengthened.
Economic: Rising healthcare costs and growing prevalence of chronic diseases are driving increased adoption of patient centric apps as they enable remote monitoring and preventive care. Growing number of smartphone users also support market growth.
Social: Changing consumer preferences towards preventive care and wellness is a key driver. People are taking more accountability of their health through self-monitoring apps. Social media influence has increased awareness.
Technological: Development of advanced sensors, AI, 5G, and cloud technologies are enabling creation of more effective patient centric apps. Wearables integration allows continuous monitoring. Privacy and security advances boost adoption.

Key Takeaways

The global patient centric healthcare app market is expected to witness high growth at a CAGR of 39% during the forecast period of 2023 to 2030.

Regional analysis: North America is expected to continue its dominance during the forecast period as well owing to rapid digitization in the healthcare industry and widespread availability of technologically advanced consumer electronics. Asia Pacific is expected to witness the fastest growth during the forecast period attributed to rising medical tourism, increasing income levels and smartphone penetration.

Key players: Key players operating in the patient centric healthcare app market are Bayer AG, Novartis AG, Siemens Healthineers AG, Pfizer Inc, Koninklijke Philips NV, MobileSmith Inc, Merck KgaA, MFine Pvt Ltd, Athenahealth Inc, Oracle (Cerner Corporation), ASSURECARE LLC (IPATIENT CARE), Boston Scientific Corporation, International Business Machines Corporation (IBM), Allscripts Healthcare Solutions Inc., and Baxter International Inc. (HillRom Services, Inc.).

*Note:

  1. Source: Coherent Market Insights, Public sources, Desk research

2. We have leveraged AI tools to mine information and compile it

Ravina
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Ravina Pandya,  Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals.

Ravina Pandya

Ravina Pandya,  Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals.

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