Patient Centric Healthcare App Market Size, Share Global Analysis Report, 2023 – 2030

Industry Insights

[217+ Pages Report] According to Facts and Factors, the global patient centric healthcare app market size was valued at USD 10.51 billion in 2022 and is predicted to surpass USD 41.61 billion by the end of 2030. The patient centric healthcare app industry is expected to grow by a CAGR of 18.77%.

Market Overview

A patient centric app refers to a mobile application that helps users with healthcare services from the comfort of their own place. It can be used via tablets and smartphones. Also, it helps healthcare professionals and patients in their families easily collaborate with the service providers and follow the procedures with personalized health analytics.

Key Insights

• As per the analysis shared by our research analyst, the global patient centric healthcare app market size is estimated to grow annually at a CAGR of around 18.77% over the forecast period (2023-2030).
• In terms of revenue, the global patient centric healthcare app market size was valued at around USD 10.51 billion in 2022 and is projected to reach USD 41.61 billion by 2030.
• The introduction of telehealth and remote monitoring is driving the growth of the global patient centric healthcare app market.
• Based on the end users, the hospital segment is growing at a high rate and is projected to dominate the global market.
• Based on the applications, the wellness management segment is projected to swipe the largest market share.
• Based on the operating systems, the iOS segment is expected to exhibit the highest CAGR during the anticipated period.
• Based on the technology, the phone-based apps segment is expected to swipe the largest share of the global market.
• Based on region, North America is expected to dominate the global market during the forecast period.           

Growth Drivers

• Introduction of telehealth and remote monitoring is likely to drive the growth of the global market.

The introduction of telehealth and remote monitoring technologies has significantly led people to adopt patient-centric healthcare apps globally. Moreover, sophisticated and advanced patient-centric apps help people take an active role in managing their health issues with unique features like appointments, scheduling medication, reminders, healthcare, tracking tools, and several others.

These apps help people overcome that geographical barrier and offer advanced healthcare services across the globe, particularly in the underserved or rural areas.

Restraints

• Security and privacy concerns are likely to hamper the growth of the global market.

Security and data privacy issues are a major concern rising in the industry. People are worried regarding the use of their sensitive data, which is likely to slow down the growth trajectory of the global patient centric healthcare app market. Moreover, the inconsistent standards and the limited interoperability issues in the healthcare system are further affecting the efficacy of these apps.

Opportunities

• Emphasis on personalized medicine is likely to foster growth opportunities in the global market.

The healthcare industry is moving towards personalized healthcare, and therefore, it is expected to foster huge growth opportunities in the patient centric healthcare app industry. These patient-centric apps are likely to play a huge role in the tailored healthcare service sector.

People are also moving towards the digital revolution and are increasingly adopting digital healthcare solutions, which is further expected to widen the scope of the industry. For instance, AmerisourceBergen came up with the DTxConnect in July 2022. It is a fully integrated platform with dispensing features to facilitate patient access to digital therapeutics.

Challenges

• Integration with the existing healthcare system is a big challenge in the global market.

The existing healthcare system can hinder the seamless transmission of patient data from different platforms to healthcare providers. Also, the lack of adequate investment models for healthcare providers is further restricting them from moving forward with the patient-centric apps, which in turn is likely to slow down the growth trajectory of the global patient centric healthcare app market in the forthcoming years.

Segmentation Analysis

The global patient centric healthcare app market can be segmented into end users, applications, operating systems, technology, and regions.

By end users, the market can be segmented into home use, clinics, and hospitals. The hospital segment accounts for the largest share of the patient centric healthcare app industry. The hospital segment holds a large patient base for the patient-centric apps to deliver medical care efficiently.

Also, the hospital centers offer a wide variety of healthcare services, including long-term care, specialized treatment, surgeries, emergency care, and several others, which pose a diverse requirement of broad spectrum features and functionalities. Therefore, these patient-centric apps emerge as a handy tool to manage such large patient data.

By category, the market can be segmented into disease & treatment management and wellness management. The wellness management segment is likely to witness notable growth in the forthcoming years. The surging interest of people in preventive healthcare is likely to widen the scope of the segment. Wellness management apps offer a diverse range of services, from fitness and nutrition to mental health and overall well-being. Moreover, people are becoming more health-conscious, which in turn is further encouraging them to invest in wellness management.

Also, the technological advancements made in the healthcare industry are also contributing to the growth of the segment. Technology, data, analytics, and sensors have significantly led to the development of the segment. These apps help users offer actionable and personal health insights via these wearable technologies to improve their overall health.

By operating system, the market can be segmented into Windows, Android, iOS, and others. The iOS segment is expected to exhibit the highest CAGR during the anticipated period. The iOS devices are known to have strong security features and a reliable operating system, which makes them an ideal choice for consumers who operate with sensitive data. Also, there are crucial healthcare apps that need to align with the stringent privacy regulations and compliance by the government, which further encourages people to work on the iOS operating system.

Moreover, the user-friendly design and experience of iOS devices facilitate ease of use for both the healthcare professional and the patients. It further promotes the adoption of the iOS operating system. People and developers widely prefer the iOS platform because of the presence of a diverse range of healthcare apps on the Apple App Store.

By technology, the market can be segmented into wearable patient-centric apps, web-based apps, and phone-based apps. The phone-based apps segment is expected to swipe the largest share of the global patient centric healthcare app market. The widespread accessibility of phone-based apps across all the regions contributes to the larger potential user base.

Also, these apps are easy to access and convenient to use. Users can easily download these apps onto their smartphones and integrate them seamlessly into their daily lives. With the continuous advancement in smartphones, the processing power of these phones has increased significantly, which can incorporate more sophisticated and diverse healthcare applications, thereby allowing people to get advanced services.

Report Scope

Regional Analysis

• North America to dominate the global market.

North America accounts for the largest share of the global patient centric healthcare app market because of the large market size of Canada and the United States. Also, the region is a dynamic and strong contender within the healthcare technology industry, thereby empowering patients with improved health outcomes. The region is known to have the highest smartphone penetration with proper access to high-speed internet.

Also, the population in the region is quite familiar with digital health solutions, which makes the regional environment more conducive to patient-centric healthcare apps. The regulatory landscape is further expected to support the growth trajectory of the regional market in the forthcoming years. HIPAA compliance in the United States empowers companies to come up with more advanced and sophisticated healthcare apps.

Moreover, the region is witnessing a chronic disease management issue, which is also likely to popularize digital health solutions among people. The patient-centric apps offer telehealth features that will help people with remote consultation and monitoring, thereby offering advanced healthcare services to the patients.

Asia Pacific is also expected to witness a significant evolution in the forthcoming years because of the growing technological advancements and increasing focus of people on digital health solutions. 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.

Many government and private enterprises are investing in digital health initiatives to swipe a larger market share by offering improved healthcare services. Telemedicine and remote healthcare solutions are gaining human traction among the people in the region, particularly in the underserved or remote regions. Entrepreneurial innovation highly influences the region in the healthcare technology industry. Tech companies and emerging start-ups are innovating with patient-centric apps to cater to appointments, schedule medication, adherence, wellness management, and many more to swipe a large consumer base in the region.

Therefore, such a landscape is likely to positively influence the growth trajectory of the regional market in the forthcoming years. For instance, China Mobile Hong Kong revealed Dr.HK in May 2022. It is an online doctor consultation and medical app to facilitate offline and online services to patients.

Competitive Analysis

The key leaders in the global patient centric healthcare app market include:

• 1upHealth
• Teladoc Health
• Cerner HealtheLife
• HealthTap
• PatieMate
• FollowMyHealth (Allscripts)
• Healow (eClinicalWorks)
• Patie
• MyChart (Epic Systems)
• Zocdoc
• Phreesia

For instance, Dell Technologies collaborated with the Ministry of Health and Family Welfare and Tata Trusts in January 2021 to come up with a mobile application to manage non-communicable health issues across the country.

The global patient-centric healthcare app market is segmented as follows:

By End Users Segment Analysis

• Home Use
• Clinics
• Hospitals

By Applications Segment Analysis

• Disease & Treatment Management
• Wellness Management

By Operating Systems Segment Analysis

• Windows
• Android
• iOS
• Others

By Technology Segment Analysis

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

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America