Medically Prescribed Apps Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Medically prescribed apps are software applications that are used to help people manage their health and calculate medical data, as well as providing e-prescriptions, notifications about new treatment options, and pricing information, among other things. The medically prescribed apps can be found on the internet and downloaded through iOS, Google Play, the Windows Store, and other app stores. Patients can manually enter data or connect their devices to wearable devices wirelessly.

MARKET SCOPE

The Global Medically Prescribed Apps Market Analysis to 2031 is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the medically prescribed apps market with detailed market segmentation by type, devices, operating system and application. The report provides key statistics on the market status of the leading medically prescribed apps market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on type the market is segmented as, wellness management apps, diseases and treatment management apps, women's health and pregnancy apps, diseases specific apps and others.
  
•   Based on devices the market is classified as, personal digital assistant, smartphone, tablet computer and others.
  
•   Based on operating system the market is segmented as, windows android, iOS system and others.
  
•   Based on application the market is segmented as, diabetes management, multi-parameter tracker, cardiac monitoring and others.
  

MARKET DYNAMICS
Drivers:

•   Increasing prevalence of chronic diseases along with rising prevalence of lifestyle associated diseases.
  
•   Increasing awareness about medically prescribed apps as they help patients to understand critical health parameters and provide information about various heath related aspects.
  
•   Technological advancements in healthcare sector along with rising smart devices adoption.
  

Restraints:

•   However, issues such as privacy and security concerns along with lack of awareness about such apps in some developing nations are likely to restrain market growth.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The medically prescribed apps market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the medically prescribed apps market in these regions.

IMPACT OF COVID-19 ON MEDICALLY PRESCRIBED APPS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

Medically Prescribed Apps Market Report Analysis

Medically Prescribed Apps Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• PATHFINDER INTERNATIONAL
• MEDISAFE
• Ascendum
• WillowTree, LLC
• Medical ID
• OpenXcell
• ArcTouch
• Diabetes: M
• Intellectsoft US

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• Wellness Management Apps
• Diseases and Treatment Management Apps
• Women
• s Health and Pregnancy Apps
• Diseases Specific Apps
• Other Types

By Devices

• Personal Digital Assistant
• Smartphone
• Tablet Computer
• Other Devices

By Operating System

• Windows
• Android
• IOS System
• Other Operating Systems

By Application

• Diabetes Management
• Multi-Parameter Tracker
• Cardiac Monitoring
• Other Applications

MARKET PLAYERS

The report covers key developments in the medically prescribed apps market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from medically prescribed apps market are anticipated to lucrative growth opportunities in the future with the rising demand for medically prescribed apps in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the medically prescribed apps market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   PATHFINDER INTERNATIONAL
  
•   MEDISAFE
  
•   Ascendum
  
•   WillowTree, LLC
  
•   Medical ID
  
•   OpenXcell
  
•   ArcTouch
  
•   Diabetes: M
  
•   Intellectsoft US
  
•   SAVVY APPS, LLC
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Medically Prescribed Apps Market Report Scope