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MCP-7960: MOBILE MEDICAL APPS – A GLOBAL STRATEGIC BUSINESS REPORT

October 27, 2015 – Mobile Revolution in Healthcare Spurs the Use of Mobile Medical Apps, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Mobile Medical Apps market. The global market for Mobile Medical Apps designed for healthcare professionals is projected to reach US$14 billion by 2020, driven by the ongoing mobile revolution in healthcare and growing adoption of mobile computing among care givers to improve the accuracy and speed of diagnosis and treatment.

Mobile Medical Apps refer to software programs, designed to provide health services over mobile communication devices such as smartphones and tablet PCs. Mobile medical apps are increasingly becoming part of the emerging shift towards mobile health or mHealth. A wide range of health apps are currently offered for users to be purchased and/or downloaded from app stores. While majority of the apps are presently targeted at consumers, few apps are available for physicians, for example apps that combine electronic medical records (EMR) with mHealth. A critical advantage of using mobile devices and apps is the ability to gain access to a number of point-of-care tools, which assist healthcare professionals with better clinical decision making.

Driven by the increasing penetration of mobile devices in healthcare settings, healthcare professionals across the world are increasingly using mobile apps in various aspects of clinical practice. The growing appeal of mobile apps among physicians is also attributed to the fact that they can be easily integrated into clinical workflows. Further, majority of the apps can be flexibly operated on various mobile devices. The growth in the mobile medical apps market is also driven by the increasing availability of advanced networks and connectivity solutions and growing awareness about chronic disease management. Specifically, expanding 3G and 4G connectivity platforms for healthcare services presents positive growth opportunities for the market. The use of mobile apps by healthcare professionals is also growing owing to their ability to enhance patient practice and improve system efficiency and communication. Continuous increase in the number of care facilities and medical professionals relying on a range of medical apps for constant monitoring of patients is expected to foster growth in the market. The market also stands to benefit from the increasing use of medical apps for remote patient health monitoring.

As stated by the new market research report on Mobile Medical Apps, the United States represents the largest regional market, worldwide. The increased emphasis on better management of chronic diseases is encouraging an increasing number of healthcare professionals in the U.S. and Europe to use mobile device-based medical apps for a variety of clinical practices. Asia-Pacific is poised to record the fastest CAGR of 70.8% over the analysis period, led by the vast patient population and continuous rise in government funding for healthcare services.

Major players covered in the report include Airstrip Technologies Inc., AliveCor Inc., AT&T Inc., athenahealth Inc., Cerner Corporation, IMS Health Inc., Medtronic Inc., PatientKeeper Inc., Philips Healthcare, Samsung Electronics Co. Ltd., Wolters Kluwer nv, along with app stores such as Apple App Store, BlackBerry World, Google Play, Samsung Apps and Windows Phone Store.

The research report titled “Mobile Medical Apps: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections in US$ Million for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World.

 

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