Global mobile medical apps market To See Healthy Growth (CAGR of +34.20%) By 2026 | Medtronic, Apple, AirStrip, AliveCor, LifeWatch Services, Nike, Philips
Mobile Medical Apps market report comprises data that can be quite essential when it comes to dominating the market or making a mark in the market as a new emergent. The market research analysis has been drawn in this market report with the consistent knowledge of what the market expects, what is already available, the competitive environment, and what can be done to outshine the competition. The Mobile Medical Apps market research report is a resource, which provides current as well as upcoming technical and financial details of the industry to 2026.
A DBMR team has the skill to serve clients on every strategic aspect including product development, application modeling, exploring niche growth opportunities and new markets. The objective of the Mobile Medical Apps market report is to provide a detailed analysis of the healthcare industry and its impact based on applications and on different geographical regions, strategically analyze the growth trends and future prospects. This Mobile Medical Apps market analysis gives an examination of various segments that are relied upon to witness the quickest development amid the estimated forecast frame. This report helps to recognize the most recent improvements, share, and systems utilized by the significant market.
The global mobile medical apps marketis registering a healthy CAGR of 34.20% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed due to the advent of smartphones which has played a key role in the healthcare industry by making medical services easier which has also replaced the use of computer systems is expected to contribute to the market growth.
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Key Players: Global Mobile Medical Apps Market
Medtronic, Apple, AirStrip, AliveCor Inc., LifeWatch Services, Inc., Nike, Philips, AT&T, Qualcomm, Cerner Corporation, Cisco, Nokia, Jawbone, OMRON Group, Omron Industrial Automation Europe, OMRON Asia Pacific, BioTelemetry, Inc., athenahealth, AgaMatrix, Agamatrix Europe Limited, AgaMatrix Europe, iHealth Labs, iHealth Labs Europe among others.
Segmentation: Global Mobile Medical Apps Market
By Product
By Category
By Type
By Application
By Therapeutic Segments
By End-User
On the basis of geography
Key Developments in the Market:
- In January 2019, Medtronic had launched MyCareLink Heart, a medical app that can interact with pacemakers. The app is compatible with the pacemakers and sends the encrypted data to the app’s network. It has enables the secure communication of pacemakers with the patients with smartphones. This product launch will enable the more efficient patient engagement with their physicians which will expand the company user base.
- In September 2017, MyMedicNow had launched a new medical app. This app had filled the market gap between patients and doctors. The app enables the patients to search for the particular doctor related to their medical condition. This product launch has helped the patients and doctors by expanding their reach which has enabled the increase in the user in the app.
Competitive Analysis of Global Mobile Medical Apps Market
The Mobile Medical Apps Market is highly fragmented and is based on new product launches and products. Hence the major players have used various strategies such as new product launches, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mobile medical apps market for global, Europe, North America, Asia Pacific, and South America.
Market Drivers
- The surging adoption of smartphones, tablets and other mobile platforms is driving the growth of the market
- The cost containment in healthcare delivery is booting the market growth
- The healthcare services has a robust adoption of 3G and 4G networks which drives the market growth
- The surging adoption of medical health apps for the management of chronic disease is propelling the market growth
- Patient centric healthcare delivery has gained a lot of attention which has driven the market growth
Market Restraints
- The lack of proper standard as well as regulation is hindering the market growth
- The low guidance from physicians in choosing apps is hampering the market growth
- The traditional healthcare providers are refusing the use of these application which is restraining the market growth
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