Patient Centric Healthcare App Market Growth Opportunities and Forecast till 2030
The Global Patient Centric Healthcare App Market Size valued for USD 9.0 Billion in 2021 and is anticipated to reach USD 137.9 Billion by 2030 with a CAGR of 35.6% from 2022 to 2030.
In order to manage health-related entities like weight management, calorie counting, chronic disease management, and others, patient-centric healthcare apps are software programmes that are installed on electronic devices like mobile phones, laptops, and tablets. The patient's wants, expectations, values, family and social circumstances, beliefs, lifestyle, and long-term goals should all be taken into account when providing patient- or individual-centered care. By incorporating this into patient care, the ecosystem as a whole can adopt a more cooperative, respectful, individualized, and holistic approach to medical practice. The devastating impact of the novel coronavirus pandemic on a number of industries brought to light the significance of digital health. Because these apps are made to maintain communication between patients and healthcare providers about their wellbeing, it is predicted that the market for patient-centric healthcare apps will grow rapidly during the COVID-19 pandemic.
These changes are being prompted by gaps in conventional medical practice: Patients are mostly passive participants in health decisions because they are not actively involved in them I costs of treatment have been rising without corresponding improvements in the value provided to patients; patients are subjected to unnecessary tests and treatments; and, dangerously enough, patients occasionally receive incorrect treatment.
Parameter |
Patient Centric Healthcare App Market |
Patient Centric Healthcare App Market Size in 2021 |
US$ 9.0 Billion |
Patient Centric Healthcare App Market Forecast By 2030 |
US$ 137.9 Billion |
Patient Centric Healthcare App Market CAGR During 2022 – 2030 |
35.6% |
Patient Centric Healthcare App Market Analysis Period |
2018 - 2030 |
Patient Centric Healthcare App Market Base Year |
2021 |
Patient Centric Healthcare App Market Forecast Data |
2022 - 2030 |
Segments Covered |
By Category, By Operating System, By Deployment Model, By End-User, and By Region |
Patient Centric Healthcare App Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
Allscripts Healthcare Solutions, Inc., Bayer AG, International Business Machines Corporation (IBM), iPatientCare, Inc., Klick Inc., Koninklijke Philips N.V., Merck & Co., Inc., MobileSmith, Inc., Novartis AG, Pfizer Inc., Siemens AG, and others. |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Patient Centric Healthcare App Market Dynamics
Consumer interest in methods to monitor and maintain good health is at an all-time high due to rising consumer health awareness and the prevalence of various diseases. Due to changing lifestyles, rising rates of obesity, diabetes, and high cholesterol, as well as the popularity of smartphones and wearable technology, the general public is being influenced to choose different health monitoring apps in order to monitor and maintain optimum health.
Higher life expectancy, an increase in the prevalence of chronic diseases, and patient empowerment and enablement are all factors that support the expansion of the global market. Furthermore, key market vendors have lucrative opportunities due to the acceleration of the shift towards digitalization and the rise in demand for personalized care, particularly in developing economies.
Regulatory ambiguities, ethical concerns, data safety & privacy, security, a lack of standards, and low levels or a lack of understanding of health and digital literacy are some of the market's major limitations. Additionally, the patient-centric approach's unfavourable reimbursement policies and an insufficient supply-to-demand ratio limit the market's expansion.
Patient Centric Healthcare App Market Insights
Category, operating system, deployment model, and end-user are the four segments of the market for patient centric healthcare app. Based on the category; the market is segmented into three categories: wellness management (fitness, lifestyle and stress, diet and nutrition), disease and treatment management (healthcare providers/insurance, medication reminders and information, women’s health and pregnancy, and disease-specific), and others. The operating system segment covers iOS, androids, and windows. The deployment model segment is bifurcated into on-premise and cloud-based. Furthermore, the end-user segment is categorized into healthcare providers, healthcare payers, vendors, patients, and others.
Global Patient Centric Healthcare App Market Geographical Competition
The market for patient-centric healthcare apps had the highest revenue share (%) in North America in 2021. The value of the regional market is largely influenced by the region's two largest economies, the US and Canada. The regional market value is being boosted by the rapidly growing geriatric population in the area and the risk of chronic diseases.
Due to an increase in the patient population, expansion in digitization, high health care spending, and growth in the information technology sector, the Asia Pacific market is expected to experience rapid growth.
Global Patient Centric Healthcare App Industry Segment Analysis
Patient Centric Healthcare App Market By Category
· Wellness Management
o Fitness
o Lifestyle and Stress
o Diet and Nutrition
· Disease and Treatment Management
o Healthcare Providers/Insurance
o Medication Reminders and Information
o Women’s Health and Pregnancy
o Disease-specific
· Others
Patient Centric Healthcare App Market By Services
· iOS
· Androids
· Windows
Patient Centric Healthcare App Market By Operating System
· On-Premise
· Cloud-Based
Patient Centric Healthcare App Market By Deployment Model
· Healthcare Payers
· Healthcare Providers
· Patients
· Vendors
· Others
Patient Centric Healthcare App Market Leading Companies
The players profiled in the report are Bayer AG, Allscripts Healthcare Solutions, Inc., International Business Machines Corporation (IBM), Koninklijke Philips N.V., Klick Inc., Merck & Co., Inc., iPatientCare, Inc., MobileSmith, Inc., Pfizer Inc., Novartis AG, Siemens AG, and others.
Patient Centric Healthcare App Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa