Global Patient-Centric Healthcare App Market Insights Forecasts to 2033

• The Global Patient-Centric Healthcare App Market Size was Valued at USD 11.90 Billion in 2023
• The Market Size is Growing at a CAGR of 17.31% from 2023 to 2033
• The Worldwide Global Patient-Centric Healthcare App Market Size is Expected to Reach USD 58.72 Billion by 2033
• Asia-Pacific is Expected to Grow the fastest during the forecast period.

The Patient-Centric Healthcare App Market Size is Anticipated to Exceed USD 58.72 Billion by 2033, Growing at a CAGR of 17.31% from 2023 to 2033. The ability to exchange data with peers or professionals is another feature offered by these apps. Moreover, there are broadly two major categories of patient-centric apps. For instance, wellness management and disease & treatment management run on different types of operating systems such as iOS, Android, and Windows.  

PATIENT-CENTRIC HEALTHCARE APP MARKET REPORT OVERVIEW

A digital platform known as a "patient-centric healthcare app" aims to enhance and prioritize the patient's experience in the healthcare system in its entirety. The primary objective of these applications' development is to increase the empowerment of patients, contentment, and participation. Features including prescription reminders, telemedicine consultations, appointment scheduling, access to medical records, and resources for health education are usually included in their offerings. Patient-centric apps seek to facilitate individualized care plans, encourage proactive health management, and expedite communication between patients and healthcare providers. These apps help to improve health outcomes, enhance adherence to treatment programs, and create a more effective healthcare ecosystem by placing patients at the center of their medical treatment. Due to increased awareness of health information management, the shift to digital healthcare, and government measures that support PHR use to improve patient outcomes and save costs, the PHR software industry has experienced tremendous growth. The global patient-centric healthcare app industry is witnessing massive growth mainly due to an increase in the usage of smartphones owing to higher demand for personalized care apps. Moreover, the lower cost of patient-centric apps and their convenience are driving the adoption of patient-centric healthcare apps. In September 2023, Orange Business subsidiary Enovacom purchased NEHS Digital and Xperis to enhance its e-health position and develop solutions for the healthcare industry.

Report Coverage

This research report categorizes the market for patient-centric healthcare app market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the patient-centric healthcare app market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the patient-centric healthcare app market.

DRIVING FACTORS:  

“Increasing Patient Demands for Convenience”

Patients these days demand healthcare services that are as easy to access and manage as other aspects of their lives. Healthcare apps that focus on the patient are an immediate response to this need. With just a few clicks on their smartphones, patients can use these applications to make appointments, eliminating the need for in-person visits or time-consuming phone calls. Additionally, they offer easy access to test results, prescription information, and medical data in one convenient location. Convenience extends to telemedicine as well. Patients appreciate the ability to consult with healthcare providers remotely, eliminating the need for lengthy commutes and long wait times in crowded waiting rooms. This level of comfort additionally makes healthcare more accessible to everybody but also improves the patient experience, especially for those who live in rural or underdeveloped areas. To meet patient expectations and stay relevant in the changing healthcare landscape, healthcare providers and institutions must use patient-centric apps as patients prioritize convenience in increasing numbers.

“Rapid Telemedicine Expansion”

Patient-centric healthcare apps have been greatly supported by the COVID-19 epidemic and the quick growth of telemedicine. Patients can obtain diagnoses, treatment plans, and consultations with medical professionals from the convenience and security of their own homes by using telemedicine. Users can book virtual visits with healthcare practitioners through patient-centric applications, which frequently act as the entry point to these services through telehealth.

RESTRAINING FACTORS:

“Security and Privacy Concerns are Likely to Hamper the Growth of the Healthcare Market”

Difficulties with security and data privacy are becoming increasingly important in the sector. Concerns regarding the usage of personal information are common, which could hinder the global market for patient-centric healthcare apps' increasing development. These apps often provide price transparency for medical services, allowing patients to compare costs and choose providers that align with their budget. The effectiveness of these apps is also being hampered by the healthcare system's diverse regulations and few connectivity issues. Patient-focused healthcare applications provide features that encourage economical and well-informed decision-making to reduce these concerns.

Market Segmentation

The patient-centric healthcare app market share is classified into technology, operating system, and application.

Which segment is expected to hold the largest share of the patient-centric healthcare app market during the forecast period?

“The phone-based apps segment dominates the market with the highest market share over the forecast period”

Based on the technology, the patient-centric healthcare app market is categorized into web-based apps, phone-based apps, wearable patient-centric apps, and others. The phone-based app dominated the patient-centric healthcare app market and witnessed the same trend during the prediction period. Consequently, creating healthcare apps for smartphones guarantees accessibility to a large and varied customer group. Reducing barriers to entry, patients of all ages and demographics can download and utilize these apps on devices they already own. Moreover, phone-based apps are platform-agnostic, typically available on both iOS and Android operating systems. Their wide compatibility expands their appeal, making them a viable option for both patients and healthcare professionals. Additionally, phone-based apps have an easy-to-use UI. The usability and functionality of phone-based healthcare apps are improved by these developments.

Which segment is expected to hold the largest share of the patient-centric healthcare app market during the forecast period?

“The android segment dominates the market with the highest market share over the forecast period”

Based on the operating system, the patient-centric healthcare app market is categorized into Windows, Android, iOS, and others. The market dominance of Android is evident in emerging economies where affordability plays a crucial role in smartphone selection. Android smartphones are popular among users with different budgets since they are available at a variety of pricing points. Android's market share has benefited significantly from this pricing issue, particularly in areas where the middle class is developing and smartphone penetration is increasing. The open-source nature of Android has fostered widespread adoption among device manufacturers, resulting in a diverse array of Android-powered smartphones and tablets. This diversity caters to a broad global audience, making Android a preferred choice for developers looking to reach a vast user base.

Why wellness management are preferred over disease & treatment management, and others?

“Promote fitness, preventive care, and healthy living”

Based on the application, the patient-centric healthcare app market is categorized into disease & treatment management, wellness management, and others. The main objectives of wellness management applications are to support and maintain users' overall well-being and health. They provide a wide variety of functions designed to promote fitness, preventive care, and healthy living. Fitness goal-setting, nutrition tracking, activity tracking, and even mental health support through stress management and meditation are all typical elements of wellness applications. All age groups have been more interested in these applications due to the growing emphasis on individual health and well-being. They provide people the confidence to take charge of their health and make better lifestyle choices.

Regional Segment Analysis of the Patient-Centric Healthcare App Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Which region is expected to hold the largest share of the patient-centric healthcare app market over the forecast period?

“North America is anticipated to hold the largest share of the patient-centric healthcare app market over the forecast period”

The presence of a developed healthcare infrastructure allows North America to hold a dominant share of the global patient-centric healthcare app market during the projected timeframe. The regional market in North America is a result of the existence of numerous businesses that operate in various industries, including software development, healthcare management, mobile and network operations, and more. Market players are involved in introducing innovative healthcare apps, building network infrastructure, and increasing the adoption of various patient-centric healthcare apps in the U.S. The healthcare ecosystem in North America is strong and well-resourced, with both public and private sectors involved. Healthcare providers can adopt digital solutions and improve patient interaction by utilizing this infrastructure, which offers a strong basis for the creation and incorporation of patient-centric apps. The area also spends a lot of money on healthcare, with an emphasis on patient outcomes and high-quality care. North American patients are looking for more individualized and easy healthcare experiences, which is in line with the main goals of patient-centric apps. In addition, the proliferation of healthcare technology startups and companies, especially in tech hubs such as Silicon Valley, has stimulated innovation in the patient-centered healthcare app market. Among the innovations in healthcare is the creation of applications for various purposes, such as managing wellbeing.

Which region is expected to grow the fastest CAGR in the patient-centric healthcare app market during the forecast period?

“The Asia Pacific region is expected to grow in the patient-centric healthcare app market with the fastest CAGR over the forecast period”

The Asia-Pacific patient-centric healthcare app industry is expected to grow at the current rate during the anticipated period. The region of Asia Pacific is expected to see a notable transformation in the future due to the increased focus on digital health solutions and the improvement of technology. The region is also expected to see a significant increase in the adoption of smartphone and internet connectivity. The countries in the region are witnessing a revolution in technology along with digital transformation. Due to the increasing usage of smartphones & smart wearables and the high adoption of mHealth apps. A growing number of senior people, rising healthcare costs, an increase in the frequency of infectious and chronic diseases, poor hospital service management, and other factors are pressuring governments and healthcare providers to create new healthcare delivery models.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the patient-centric healthcare app market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Allscripts Healthcare Solutions Inc.
• Siemens Healthineers AG 
• Hill-Rom Services Inc.
• Koninklijke Philips N.V.
• Boston Scientific Corporation
• Mobilesmith Inc.
• Pfizer Inc.
• Athenahealth Inc.
• Bayer Aktiengesellschaft
• iPatientCare LLC
• Merck & Co. Inc.
• Others

Recent Developments

• In March 2023, Google launched Open Health Stack, an open-source program for developers to build health-related apps by including strategies such as AI partnerships focusing on cancer screening.

• In June 2022, the acquisition of Vocera Communications, Inc. by Stryker was finalized. Numerous growth prospects in the digital healthcare sector would arise from this acquisition. Furthermore, Vocera Communications' cutting-edge product line improved Stryker's cutting-edge digital healthcare business unit.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the patient-centric healthcare app market based on the below-mentioned segments: 

Patient-Centric Healthcare App Market, By Technology

• Web-Based Apps
• Phone-Based Apps
• Wearable Patient-Centric Apps
• Others

Patient-Centric Healthcare App Market, By Operating System

• Windows
• Android
• IOS
• Others

Patient-Centric Healthcare App Market, By Application

• Disease & Treatment Management
• Wellness Management
• Others

Patient-Centric Healthcare App Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa