Medically prescribed apps Market Global Major Key Players: Pathfinder International (U.S.), InnovationM (India), Fueled (U.S.), Sourcebits Technologies, WillowTree, Inc (U.S.), Y Media Labs (U.S.), OpenXcell (India)

Market Scenario

Recently, medically prescribed apps have become popular and patients are accepting this advanced technology to track the fitness and health of the body. These apps provide enormous information about prevention of diseases, the price of various surgeries, availability of physician nearby, medical data calculation, and others. The demands for the medication prescribed apps is high due to increased prevalence of different lifestyle diseases such as diabetes & obesity, which requires continuous monitoring. These apps are used to continuously monitor the health of a person and notify him of new and available treatment along with their cost. Furthermore, enhance the medical knowledge, determine critical health parameters, and to provide e-prescribing, which, in turn, drives the growth of this market.

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Increasing patient population with chronic diseases such as cancer, diabetes, obesity are generating the demand for advanced technology, which helps them to track their health-related issues so that they react accordingly.

According to World Health Organization (WHO), in 2015, Around 17.7 million people died from cardiovascular diseases, which represent 31% of total global deaths. Around 7.4 million of them were due to coronary heart disease and 6.7 million were due to stroke.

A number of factors are triggering the growth of such incidences, for example, rising aging population, unhealthy diet and low physical activities. According to a research, smoking increases the possibility of diabetes; more than 60% of the global population smokes, this has increased the risk of diabetes and contributed to the growth in diabetic population. According to the International Diabetes Federation in 2016, it was estimated that 420 million adult population had diabetes, which is increasing at the rate of 8.4% and is expected to reach 625 million by 2040.

Moreover, advancing medical device technology and increasing government support in developing countries are adding fuel to the growth the market.

The global medically prescribed apps market is expected to grow at a CAGR of ~18.8% during the forecast period 2017-2027.

Intended Audience

Healthcare IT companies
Contract Research Organizations (CROs)
Research and Development (R&D) Companies
Academic Medical Institutes and Universities
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Segmentations

The global medically prescribed apps market is segmented on the basis of types, devices, operating system, and application.

On the basis of the type, it is segmented into wellness management apps, diseases and treatment management apps, women’s health & pregnancy apps, diseases specific apps, and others.

On the basis of the devices, it is segmented into the personal digital assistant, smartphone, tablet computer, and others.

On the basis of the operating system, it is segmented into windows, android, iOS system, and others.

On the basis of the application, it is segmented into diabetes management, multi-parameter tracker, cardiac monitoring, and others.

Key Players

Some of key the players in the market are Pathfinder International (U.S.), InnovationM (India), Fueled (U.S.), Sourcebits Technologies, WillowTree, Inc (U.S.), Y Media Labs (U.S.), OpenXcell (India), ArcTouch (U.S.), Contus (India), Intellectsoft US (U.S.), Savvy apps (U.S.)

Table Of Content

1. Report Prologue

2. Market Introduction

2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
3. Research Methodology

3.1 Introduction

3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation

4. Market Dynamics

4.1 Drivers
4.2 Restrains

4.3 Opportunities
4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment
5. Market Factor Analysis

5.1 Porters Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry

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