Industry Background:
Prescribed health app is a mobile software that helps healthcare facilities to improve patient care by health tracking, diagnoses, and doctor’s visit. The app enables doctors to track the patient’s engagement with the app and relate to control of the diseases through their EHR. Growing digitalization and increased adoption of mobile devices in the healthcare sector accelerated the growth. With the adoption of mobile health apps, the main objective of healthcare facilities is to improve patient care and treat disease rapidly. This application program includes physical, mental or emotional, intellectual, or spiritual factors of health.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Sanofi (France), Agfa-Gevaert N.V. (Belgium), Cerner Corporation (United States), Allscripts Healthcare Solutions, Inc. (United States), McKesson Corporation (United States), Philips Healthcare (Netherlands), GE Healthcare (United States), Siemens Healthineers (Germany), Epic Systems Corporation (United States), Alphabet, Inc. (United States) and Qualcomm, Inc. (United States) |
This growth is primarily driven by Increasing Use of Health Apps to Track Health of Users and Provide Enhanced Care and Growing Popularity of Mobile Apps to Treat Disease.
Globally, a noticeable market trend is evident Increased Focus on Development and Innovation of Health Apps by Key Players Major Players, such as Sanofi (France), Agfa-Gevaert N.V. (Belgium), Cerner Corporation (United States), Allscripts Healthcare Solutions, Inc. (United States), McKesson Corporation (United States), Philips Healthcare (Netherlands), GE Healthcare (United States), Siemens Healthineers (Germany), Epic Systems Corporation (United States), Alphabet, Inc. (United States) and Qualcomm, Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market.
Key Developments in the Market:
In December 2021, Oracle acquires Cerner to strengthen its healthcare presence. This acquisition also represents a major step forward in reducing the burden on overworked clinicians in terms of computer keyboard time. Oracle has a voice digital assistant that is a hands-free interface to Cerner's clinical applications, promising significant efficiency gains.
June 2021 Siemens Healthineers expands digital healthcare platform. Siemens Healthineers continues to work closely with the Berlin-based company Flying Health to identify and secure new value-added services. Flying Health has a large network of national and international healthcare companies along with research institutes, start-ups, and small and medium-sized enterprises (SMEs).
Influencing Trend:
Increased Focus on Development and Innovation of Health Apps by Key Players
Market Growth Drivers:
Increasing Use of Health Apps to Track Health of Users and Provide Enhanced Care and Growing Popularity of Mobile Apps to Treat Disease
Challenges:
High Cost and Lack of Advanced Healthcare Facilities in the Rural Area
Restraints:
Increasing Privacy Concerns and Lack of Awareness Among People
Opportunities:
Rapidly Increasing Chronic Disease Patients Across the Globe
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Prescribed Health Apps Market
- Analysis about New Entrants in Prescribed Health Apps Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Prescribed Health Apps Study Sheds Light on
The Prescribed Health Apps Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Prescribed Health Apps industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Prescribed Health Apps industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.