Emerging Prescribed Health apps Market Grows at 47.6% CAGR Annually Rise in health app Use | MRFR Latest Insight Report 2019
Prescribed Health apps Market Major Applications, Trend, Latest Advancements and Industry Growth Analysis on Top Key Manufacturers and Market key Drivers
Pune, India – March 12, 2019 /MarketersMedia/ —
Prescribed Health apps Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.
The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report also gives a broad study of the different market segments and regions.
According to studies in past five years the total growth of overall mobile apps was 38.1% whereas medical apps growth was 49.1%. The health app market is expected to grow annually at the rate of about 47.6% CAGR.
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Major Players:
Key players leading the global prescribed health apps market include BioTelemetry Inc., iHealth Lab, Inc., AirStrip Technologies, Sanofi, Apple, Inc., and LifeWatch AG among others.
Industry/Innovation/ Related News:
February 12, 2019 — TruSense LLC (the US), a leading global provider of innovative healthcare solutions unveiled new functionality within their mobile app platform that aims to help people to better adhere to their prescription medication regimen.
Medication tracking also works in conjunction with TruSense’s biometrics monitoring features to help users get a more complete picture of their overall health. This new medication tracking capability complements TruSense’s existing feature set, which includes user-friendly monitoring of key biometrics like blood pressure, weight, and respiratory function.
The Health app is one of the most growing industries in the app market. The need for health apps is increasing as it allows patients to manage their physical and medical condition from the place they are. The patients need not go the hospitals to manage it. As the mobile is a portable device and new applications and technologies are been introduced in medical field raise the market for Health apps.
Prescribed Health apps Applications
The prescribed health apps assist in managing specific issue such as recovering from surgery and managing cancer related pain. These health applications allow monitoring patient’s daily routine by the professionals for critical health issues. All the medical records of a patient can be stored in a single device. Health apps gives ordinary people access to reliable healthcare information and have provide consumers with empowerment in healthcare.
On a PatientView survey it has been found that 70% of patient groups believe that health apps to be useful in supporting patients in maintaining their own health.
Segmentation by type Operating System
-iPhones
-Androids
-Windows
-Others
Segmentation by Devices
-Diabetes management device
-multi-parameter tracker
-cardiac monitoring device
-Others
Prescribed Health apps Regional Market Reginal Analysis
Globally, North America region is leading market for Health apps. North America dominates the domain of healthcare information technology i.e. eHealth or digital health. The technology growth in electronic health to smartphones apps in medical field has increased the market opportunity for personal healthcare apps. Furthermore the time taken to development and upgrade the applications have more reasons to ensure that the designed phase to optimized.
Europe region is also showing high growth in Health apps. European countries like Germany and UK are countries that are more into Health apps. Europe has played an important role in development of healthcare apps. The European commission has launched a public consultation on mobile health on Green paper, where users using health apps can comment on the barriers and issues related to the use of health apps. These are the few factors that help in increasing the growth of health apps in Europe.
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About Prescribed Health apps
Health apps are new mobile applications that assist patients to manage their medical condition on real time basis by feed the information back to the professionals. The application acts as a central data collection point connected to a third-party electronic device that can directly monitor individual’s physical and medical health
Nowadays, service providers are leveraging healthcare mobile apps in their strategic approach to attract the cost-conscious millennial generation. The growth of the market is faster than other categories of apps. The increasing use of mobile devices in the medical field also a key factor positively impacting the growth of the market.
The prescribed health apps market is heading with the pervasively rising number of patients suffering from chronic diseases. Growing technological advancements in healthcare drive market growth. Moreover, the increasing number of patients suffering from obesity and diabetes along with the changing lifestyle has been supporting the expansion of the market.
On the flip side, factors such as the challenges occurring during the development of these apps and the lack of technological expertise among developers are obstructing the market growth, acting as a headwind.
The human functions like blood pressure, blood sugar, heart rate, calories burned, cholesterol, and other fitness and health data are displayed on a dashboard of the app. The health app allows the user to create a medical ID that contains all the emergency and important medical information.
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