Mobile Medical Apps Market to be Valued at USD 17.61 Billion by 2027 Growing at a CAGR of 22.9%, says Emergen Research

The global Mobile Medical Apps market is forecasted to be worth USD 17.61 Billion by 2027, according to a current analysis by Emergen Research.

The global Mobile Medical Apps market is forecasted to be worth USD 17.61 Billion by 2027, according to a current analysis by Emergen Research. The market for mobile medical apps is experiencing increased demand due to the rapid increase in the prevalence of smartphones and the infiltration of advanced technologies in the industry. Digital health has surfaced as a successful venture, and it attracts various industries and organizations from the healthcare sector.

Mobile medical apps aid in managing one’s health, have access to important information whenever and wherever needed for the promotion of healthy living. The mobile medical apps are witnessing increased adoption, which is fostering market growth. Moreover, growing investment in health start-ups has also propelled the growth of the market. New manufacturers are coming with innovative ideas to create more customer-friendly to tap into emerging markets.

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Key Highlights from the Report:

  • Based on the specialty care, cardiology segment is forecasted to dominate the industry over the estimated timespan owing to the escalating incidences of cardiovascular disorders such as hypertension, hyperlipidemia, and coronary heart disease. The rising awareness about these conditions is further propelling the segment’s growth.
  • The free versions of the mobile medical apps are relatively substantial for medical reference resources and downloads for free versions are relatively high.
  • The android segment is predicted to lead the market growth owing to the presence of 325,000 healthcare apps on the platform globally, surpassing the iOS platform of medical apps.
  • North America accounted for a substantial market share attributable to the growing investment in the healthcare department, coupled with a significant rise in the disposable income levels.
  • Major companies operating in the industry include Patientkeeper Inc., AliveCor Inc., Philips, IMS Health Inc., Nike, Cerner, Medtronic, Samsung Electronics, AT&T, and Qualcomm, among others.
  • The University of California and eight digital health firms received nearly USD 23 million in funding in September 2020 for the development of telehealth and mHealth platforms to address the rising need amidst the COVID-19 pandemic.

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For the purpose of this report, Emergen Research has segmented the global Mobile Medical Apps market on the basis of specialty, subscription, platform, end-user, and region:

Specialty Outlook (Revenue, USD Billion; 2017-2027)

  • Emergency Medicine
  • Internal Medicine
  • Critical Care
  • Family Medicine
  • Cardiology
  • Others

Subscription Outlook (Revenue, USD Billion; 2017-2027)

  • Fee-Based Subscription
  • Free Subscription

Platform Outlook (Revenue, USD Billion; 2017-2027)

  • Android
  • iPad
  • iPhone
  • Windows
  • Blackberry

End-User Outlook (Revenue, USD Billion; 2017-2027)

  • Physician
  • Residents

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Regional Outlook (Revenue, USD Billion; 2017-2027)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • U.A.E.
    • Rest of MEA

Reasons to buy the report:

  1. This study segments the Mobile Medical Apps market and derives the precise valuation of the overall, as well as segment-based, market across different industry verticals, geographies, and products.
  2. The report will help participants understand the trajectory of the progress of the market and provide information on key drivers, restraints, challenges, threats, and opportunities for the growth of the Mobile Medical Apps sectors.
  3. This Mobile Medical Apps report would allow readers to be well-versed with the existing competition and gain more insights to improve their standing in the worldwide business. The competitive landscape considers the dominant competitors, along with product launches and technological advancements, strategic expansions, mergers and acquisitions, and procurement strategies implemented by key players in the Mobile Medical Apps market.

Key features of the report:

  • To study the key aspects impacting the Mobile Medical Apps market size.
  • To identify growth prospects in the Mobile Medical Apps market.
  • To analyze the Mobile Medical Apps market segments and deduce the dominant trends observed in the industry.
  • To examine the Mobile Medical Apps market by investigating the available products, market share, and value proposition of the products.
  • To analyze the industry by assessing the scope and application of the Mobile Medical Apps market and highlight the growth of each application.

Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2020-2030

Chapter 3. Key Insights

Chapter 4. Mobile Medical Apps Market Segmentation & Impact Analysis

4.1. Mobile Medical Apps Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers’ analysis

4.2.3. Market restraints analysis

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Continued…

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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