Prescribed health apps market key players, applications, dynamics, share analysis and future growth by 2024

1. Prescribed Health Apps Market Key Players, Applications, Dynamics,
Share Analysis and Future Growth By 2024
Prescribed Health Apps Market Global Trends By Operating System (Windows,
Androids, iPhones) By Devices (Diabetes management device, multi-parameter
tracker, cardiac monitoring device) and End User Analysis By New Technology, and
Industry Forecast to 2024.
Prescribed Health apps Market Regional Information:
Asia Pacific (APAC), the Americas, the Middle East & Africa (MEA), and Europe.
North America
Globally, North America region is leading Prescribed health apps market for Health apps.
North America dominates the domain of healthcare information technology i.e. eHealth or
digital health. The technology growth in electronic health to smartphones apps in medical
field has increased the market opportunity for personal healthcare apps. Furthermore, the
time taken to development and upgrade the applications have more reasons to ensure that
the designed phase to optimized.
Europe
Europe region is also showing high growth in Health apps. European countries like
Germany and UK are countries that are more into Health apps. Europe has played an
important role in development of healthcare apps. The European commission has launched
a public consultation on mobile health on Green paper, where users using health apps can
comment on the barriers and issues related to the use of health apps. These are the few
factors that help in increasing the growth of health apps in Europe.
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Presence of advanced telecommunication networks and a plethora of platforms for
professionals to offer their expertise to patients can bolster the global prescribed health
apps market demand in the coming years. The use of mobile applications by healthcare
consumers is a positive indicator of the potential of the market. Seed funding and rising
interest by venture capital firms can boost the market demand. In 2019, Xealth, a U.S.
company gained funding from Philips, Novartis, ResMed, and McKesson Ventures.
Overview

2. The growth of mobile apps was 38.1% whereas medical apps growth was 49.1%.
The Prescribed health apps market size is expected to grow annually at the rate of about
47.6% CAGR.
Prescribed health apps are software applications designed to provide health services over
mobile devices. They assist patients by managing their medical condition in real-time and
gaining advice from medical professionals via the mobile phone. As per the data provided
by NCBI, around 68% of the US population owns a prescribed health app in their
smartphone. Such proliferated use of health-based apps is giving momentum to the growth
in the prescribed health apps market during the forecast period with a lack of awareness of
health apps and hesitation in the adoption of the same is likely to hinder the ascension of
the prescribed health apps market.
The prescribed health apps market segmented by type, device, application, and end-user.
By type: Windows, Android, iPhone, and others.
By device: multi-parameter tracker, cardiac monitoring device, diabetes management
device, and others.
By application: lifestyle management, disease management, fitness, nutrition, and diet,
medication adherence, and others.
By end-user: home care, specialty centers, hospitals, sand others.
Traditional players are developing healthcare applications to digitize their offerings and
gain a larger consumer base.
AirStrip Technologies, Sanofi, LifeWatch AG, Cerner Corporation, iHealth Lab,
BioTelemetry Inc., Apple, Inc., and others are some of the major players in the
prescribed health apps market.
Prescribed Health apps Market Regional Information:
Asia Pacific (APAC), the Americas, the Middle East & Africa (MEA), and Europe.
North America
Globally, North America region is leading market for Health apps. North America dominates
the domain of healthcare information technology i.e. eHealth or digital health. The
technology growth in electronic health to smartphones apps in medical field has increased
the market opportunity for personal healthcare apps. Furthermore, the time taken to
development and upgrade the applications have more reasons to ensure that the designed
phase to optimized.

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health-apps-market-758
Europe
Europe region is also showing high growth in Health apps. European countries like
Germany and UK are countries that are more into Health apps. Europe has played an
important role in development of healthcare apps. The European commission has launched
a public consultation on mobile health on Green paper, where users using health apps can
comment on the barriers and issues related to the use of health apps. These are the few
factors that help in increasing the growth of health apps in Europe.
Presence of advanced telecommunication networks and a plethora of platforms for
professionals to offer their expertise to patients can bolster the global prescribed health
apps market demand in the coming years. The use of mobile applications by healthcare
consumers is a positive indicator of the potential of the market. Seed funding and rising
interest by venture capital firms can boost the market demand. In 2019, Xealth, a U.S.
company gained funding from Philips, Novartis, ResMed, and McKesson Ventures.
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