Patient Centric Healthcare App Market - Global Industry Insights, Trends, Outlook, and Opportunity A

Increasing consumer health awareness and rising prevalence of various diseases is peaking consumer interest towards ways to monitor and maintain good ontrol of their own health. This is expected to further create lucrative opportunities to patient centric healthcare applications providers for diagnostic purpose. Increasing government initiatives to digitalize healthcare system in their respective countries as part of overhauling and strengthening the healthcare infrastructure is acting as a value-driver to patient centric healthcare app. Dubai Health Authority (DHA) launched patient centric app Sehhaty as part of its smart city program. Developed regions such as North America and Europe are expected to contribute major share to the market due to higher acceptance of advanced technologies, complemented by robust healthcare infrastructure and high discretionary income in these regions.

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Global Patient Centric Healthcare App Market TaxonomyThe global patient centric healthcare app market is classified on the basis of following segments:Major Patient centric Healthcare apps in the market: Patient Centric Connected Care (PC3)( Infinite Computer Solutions Inc.), IntelliVueGuardian System (Philips), Philips mobile medical app (Philips), miMeds (iPatientCare), miCalc (iPatientCare), miWater (iPatientCare),Apple’s CareKit (Apple) etc.Increasing focus on multi-platform apps for wider penetrationCompanies are focusing on introducing novel apps that can sync with various health monitoring devices and offer compatibility with most major mobile platforms in order to increase product penetration. In July 2014, iPatientCare, Inc., one of the pioneer in mhealth and cloud based ambulatory HER launched its new patient centric app for iphone and ipad. It allows patients and clinicians to remain updated about patient’s health. In September 2016, IBA and Philip launched its new patient centric solution for IBA’s proton therapy system for treatment of cancer. In 2015, Health Fabric, launched its product health fabric store where clinicians and commissioners create, share and recommend care plans to their patients.

Subscription-based services and in-app purchases: A preferred revenue generation model for playersThe global patient centric healthcare app market is highly fragmented owing to the participation of many established and emerging players in the paiption model is adopted. For instance, DynaMed Mobile, Isabel, and Epocrates are some of the many apps in the market that are free to download, though there is a subscription fee applicable to avail of additional services. Advancements in technology are expected to pave way for patient centric healthcare apps that would monitor patient data in real-time and transmit the information to healthcare professionals for analysis.Key DevelopmentsTechnological developments and product launches by market players is expected to drive demand for patient centric healthcare applications.In July 2019, Careology, a firm that uses intelligent technology to monitor health through a range of popular health-tracking devices, announced its plans to launch an AI-enabled, wearable app for patients diagnosed with cancer.In June 2019, Innomar Strategies, a Canadia-focused subsidiary of AmerisourceBergen, launched a mobile app called Chronically Simple, that lets individuals with chronic conditions store and manage diagnostic images, test results, and health records online.MHealth (mobile health) companies are focused on strategies such as acquisitions and collaborations to increase their market position and expand their product portfolio. In March 2019, Netmeds, an India-based mhealth firm that lets customers order prescription or over-the-counter medicines online, announced that it is acquiring a health-technology start-up, KiViHealth. The acquisition will allow Netmeds to utilize the KiViHealth platform which allows doctors to generate digital prescriptions.Mr. Raj ShahCoherent Market Insights1001 4th Ave,#3200Seattle, WA 98154Tel: +1-206-701-6702Email: sales@coherentmarketinsights.comAbout Coherent Market Insights:Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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