Healthcare Apps Market Introduction:

The rising number of smartphone users and the need to access healthcare information at any given time and place have resulted in the launch of numerous healthcare apps. Health care apps are software codes that act as a tool for improving healthcare by providing valuable insights regarding health information of healthcare consumers (patients and healthcare professionals). Healthcare apps are gaining popularity due to easy access, low maintenance cost, freedom from clinical paper records, and the ability to communicate vital treatment details.

Healthcare Apps Market Overview:
Healthcare sector has been reluctant in adopting IT solutions especially when sensitive patient information is involved. Strict privacy policies and regulations always were a challenge in the development and adoption of healthcare apps. However, post encouragement from FDA i.e Food and Drugs Administration, development and usage of mobile healthcare devices including healthcare apps are witnessing tremendous growth. It is anticipated that this growth will happen at a rapid pace due to ongoing digital disruption in the healthcare sector. The rapid adoption of personalised medication solutions and self-monitoring trend is another major factor fuelling the growth of health care apps market.

The healthcare app market is extremely competitive as the IT industry witnesses new entrants that are capable of investing in the market. Also, the rapid go-to-market strategy of new entrants aims to release sustainable apps as quick as every two-three weeks or so. However, the FDA will continue to regulate both moderate and high-risk healthcare apps which will ensure safety and effectiveness of healthcare apps prior to release.

North America and Europe remain the major market holders with high growth potential due to prevalent technological adoption, investment capacity and huge population. The APAC region, especially India and China is estimated to grow at robust CAGR during the forecast period of 2020-2027 due to availability of high-speed internet, rising patient population and government aids for the digitization of healthcare sector.

Healthcare Apps Market Players OpenXcell, Swenson He, Consagous Technologies, Algoworks, Hidden Brains InfoTech, Abbott India Ltd., Lybrate India Pvt. Ltd., Zoctr Health Pvt. Ltd., MediIT Health Solutions India Pvt. Ltd, Portea Medical, HealthifyMe Wellness Pvt. Ltd.

Healthcare Apps Market
Healthcare Apps Market Segmantation
By Deployment Type
•    On-Premise
•    Cloud-Based

By End-User
•    Hospitals
•    Clinics
•    Personalised Healthcare
•    Others

By Region
•    North America
•    Latin America
•    Europe
•    Asia Pacific
•    Rest of the World

Competitive Landscape:  
•    Tier 1 players- established companies in the market with a major market share
•    Tier 2 players 
•    Emerging players which are growing rapidly 
•    New Entrants  

FutureWise Key Takeaways 
•    Growth prospects
•    SWOT analysis 
•    Key trends 
•    Key data-points affecting market growth 

Objectives of the Study: 
•    To provide with an exhaustive analysis on the global healthcare apps market on the basis of deployment type, end users, and region
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
•    Profiling of companies to evaluate their market shares, strategies, financials and core competencies  

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What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics