Mobile Medical Apps Market Global Industry Analysis By Trends, Future Demands, Growth Factors

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Market Size – USD 3.65 Billion in 2019, Market Growth - CAGR of 22.9%, Market trends – Growing digitalization in the healthcare industry.

 Mobile Medical Apps market is forecasted to be worth USD 17.61 Billion by 2027.The Mobile Medical Apps Market Research report gives a complete assessment of the market. It does so through in-depth qualitative insights, historic data, and verifiable projections about market size. The projections featured in the report have been derived the use of confirmed studies methodologies and assumptions. By doing so, the research report serves as a repository of analysis and facts for each side of the market.

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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Further key findings from the report suggest

  • In September 2020, The University of California and eight other digital health companies will receive approximately USD 23 million in federal funding. The funding is for the development of mHealth and telehealth platforms that address the SARS-COV-2 pandemic.
  • There is a growing incidence of cardiovascular disease, which includes life-threatening conditions such as hypertension, coronary heart disease, and hyperlipidemia. The increased awareness regarding the disease is propelling the demand for the segment.
  • The free version of mobile medical apps is relatively robust for a medical reference resource, and several consumers install the free version. Many of the paid versions also have some of the contents that are accessible without any cost.
  • The android segment is leading the market for mobile medical apps. There are more than 325,000 healthcare apps available globally, and has taken over the iOS platform medical apps.

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Report Objective:

The report offers a complete analysis of the global Mobile Medical Apps market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as MA acquisition, partnerships, joint ventures, license agreement and collaborations. AliveCor Inc., Patientkeeper Inc., Philips, IMS Health Inc., Samsung Electronics, Nike, Medtronic, ATT, Qualcomm, and Cerner, among others. and others are some of the top companies profiled in the report.

The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

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

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

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

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

  • Free Subscription
  • Fee-Based Subscription

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

  • Android
  • iPhone
  • iPad
  • Blackberry
  • Windows

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

  • Residents
  • Physician

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.

The report addresses the following key points:

  • The report provides a forecast of market drivers, restraints, and future opportunities for the Mobile Medical Apps market
  • The report further analyses the changing market dynamics
  • Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights

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