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Patient Centric Healthcare App Market Size, Share, Growth, Trends, Analysis, Forecast, Outlook 2024-2033 | Mergers and Acquisitions, Top Major Key Players, Competitive Landscape

Patient Centric Healthcare App Market

Patient Centric Healthcare App Market

The patient centric healthcare app market size has grown exponentially in recent years. It will grow from $15.96 billion in 2023 to $21.77 billion in 2024 at a compound annual growth rate (CAGR) of 36.4%. The growth in the historic period can be attributed to increased digitalization, rising healthcare costs, patient empowerment, demand for convenience, healthcare access barriers.

The patient centric healthcare app market size is expected to see exponential growth in the next few years. It will grow to $75.53 billion in 2028 at a compound annual growth rate (CAGR) of 36.5%. The growth in the forecast period can be attributed to telemedicine expansion, iot devices integration, personalized treatment plans, predictive health analytics, blockchain for data security. Major trends in the forecast period include continued focus on data privacy:, value-based care models, integration with wearable devices, personal health records (phr), focus on user experience (ux).

Market Overview -
A patient-centric healthcare app refers to a mobile application designed to prioritize and cater to the needs of patients by delivering healthcare services and resources directly to them, empowering them to take an active role in managing their health and accessing medical care. These apps aim to enhance patient engagement, facilitate access to healthcare services, and provide personalized health information and tools.

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Telehealth And Mobile Health Services Fueling Patient Centric Healthcare App Market Growth
Increasing demand for telehealth and mobile health services is expected to propel the growth of the patient-centric healthcare app market going forward. Telehealth and mobile health services use telecommunications technology, such as video conferencing, mobile applications, and remote monitoring devices, to provide healthcare services and access medical information remotely. Several patient-centric healthcare apps incorporate telehealth and mobile health services to provide convenient and accessible healthcare. It offers remote consultations, urgent care and triage, and mental health support, gathers behavioral and health indicators supplied by patients, and emphasizes management objectives. For instance, in March 2023, according to the Supportive Care ABA., a US-based home healthcare agency, in 2021, 13% to 17% of US patients used telehealth, reaching 24.2 million individuals in 2021 and 27.6 million by 2022. Furthermore, in December 2022, according to Vicert d.o.o., a US-based digital health solutions software company, 62% of smartphone users had health apps in 2022, 77% of adults were getting health information about their health, and 3,50,000 mobile health apps were available in 2022. Therefore, increasing demand for telehealth and mobile health services is driving the growth of the patient-centric healthcare app market.

Competitive Landscape -
Major companies operating in the patient centric healthcare app market report are Apple Inc., Google Inc., Pfizer Inc., Johnson And Johnson Private Limited, International Business Machines Corporation (IBM), Merck And Co. Inc., Bayer AG, Novartis AG, Cisco Systems Inc., Oracle Corporation, Koninklijke Philips NV, GE HealthCare Technologies Inc., Baxter International Inc., Boston Scientific Corporation, Athenahealth Inc., Siemens Healthineers AG, Klick Inc., Altoros Systems LLC, Chetu Inc., iPatientCare LLC, Appinventiv Technologies Co, QuyTech Pvt Ltd, RipenApps Technologies CO, Zco Corporation, MobileSmith Inc., Assurecare LLC, McKesson Corporation

Cutting-Edge Technological Health Applications
Technological health applications are a key trend gaining popularity in the patient-centric healthcare app market. Major companies operating in the patient-centric healthcare app market are developing innovative technological health applications to sustain their position in the market. For instance, in May 2021, Proximus plc., a Belgium-based mobile telecommunications company, launched Doktr, an innovative patient-centric teleconsultation app that allows patients to contact a qualified doctor conveniently and securely. Doktr is a valuable tool for patients who need to see a doctor but do not want to or cannot go to a doctor's office. The app is also a convenient option for patients with busy schedules or who live in rural areas. Additionally, it benefits from being suitable with a wide range of doctors, time-saving, cost-effective, safe, and secure.

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Key Segments -
The patient centric healthcare app market covered in this report is segmented -
1) By Technology: Phone-Based Apps, Web-Based Apps, Wearable Patient Centric Apps
2) By Deployment Model: On-Premise, Cloud-Based
3) By Operating System: iPhone Operating System (iOS), Android, Windows, Other Operating Systems
4) By Category: Wellness Management, Disease And Treatment Management, Other Categories
5) By End User: Healthcare Payers, Healthcare Providers, Patients, Vendors, Other End Users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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