Therapeutics Apps Market Research Report by Application, and Geography – Global Forecast to 2029

Therapeutics Apps Market

The world of therapeutics apps market is quite diverse and includes several components that have been innovated and popularized for better healthcare services. The digital healthcare space is diversely branched as it leverages the massive potential of the latest technological trends, such as the internet of things (IoT), big data, and AI, for the sake of both patients and healthcare providers. Therapeutics apps are a software program that runs on smartphones and other communication devices connected to smartphones and tablets for use, often powered by accessories.

These mobile medical applications are commonly used for data processing, bookings, health education, health information, and wellness management in the healthcare industry. In the industry, new technologies are being made that have enabled the convenience of mobile medical healthcare applications. This helps patients to meet physicians worldwide at any time. One of the most common examples of the same is healthcare applications installed right on consumers' smartphones, often referred to as mhealth (mobile health) apps.

Such popularity is simply that these medical applications can help and enhance the interaction between the patients and the concerned medical practitioners across various checkpoints. For instance, therapeutic apps for patients come into play in handling ordinary cases to medium critical medical situations, where access to a professional medical practitioner is difficult or unavailable at the moment, such as patients who need immediate attention, with disabilities, rural dwellers, and others.

Smartphones with mobile apps are primarily used in healthcare, such as health education, health management, data management, health information, and relative workflow processes. A variety of therapeutic medical apps have been developed to monitor patients' health metrics and provide the time to time data to physicians. The modern age technology boosted by strong internet usability is driving the therapeutics market growth. The cost of accessing healthcare is another major factor associate. With the easy accessibility to both smartphones and high-speed internet connections, the price of accessing medical or therapeutic care or counseling has reduced significantly, thus broadening the end-users from a range of economic status.

Apart from the general fitness and health domain, most companies in the market also provide services, such as custom healthcare apps developed for chronic disease sufferers, older people, or any patient with certain conditions requiring constant monitoring. These apps offer intelligent rehabilitation practices or send alerts once it is necessary.  These advantages have significantly boosted the therapeutics apps market and continue to do so as more and more people gather awareness and use them.

Monitoring services mainly involve observation of a patient with a disease or condition and track critical medical parameters for a defined period of time.  Due to multiple factors, such as the increased prevalence of chronic diseases such as obesity, diabetes, coronary artery disease, congestive heart failure, and cancer, these services dominate the mHealth sector. The rising prevalence of chronic diseases has further driven the need for these apps such that patients can have home base care and monitoring. For instance, according to the American College of Cardiology, 6.5 million people in the U.S. suffered heart failure in 2018. Thus, with a surge in the patient volume as access to Medicare becomes difficult, these apps are expected to relieve the stress. Therefore, the market is expected to experience a significant boost.

The largest share of the medical or therapeutics app market is held in the North America Region. The large share of North America in the global therapeutic apps market can be attributed to several factors, such as the high penetration of smartphones, tablets, and other mobile platforms across the region, increasing the usage of connected devices and apps for medical purposes. For instance, according to a Pew Research Center survey conducted, in 2019, suggested that roughly 21% of American adults wear smartwatches or fitness trackers daily.

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The Major Prominent Players Covered in this Report:
AgaMatrix, Inc. (U.S.), Medtronic plc (Ireland), AirStrip Technologies (U.S.), Nike, Inc. (U.S.), Omron Corporation (Japan), Withings (France), BioTelemetry, Inc. (U.S.), iHealth Labs Inc. (U.S.), athenahealth, Inc. (U.S.), Cerner Corporation (U.S.), Philips Healthcare (Netherlands), AT&T, Inc. (U.S.), Allscripts Healthcare Solutions (U.S.) & More.

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

By Type of Application
Glucose Monitor Apps
Blood Pressure Monitor Apps
Peak Flow Meter Apps
Pulse Oximeter Apps
ECG Monitors Apps
Chronic Disease Management Apps
Health and Fitness Apps
Personal Health Record Apps
Other Apps

By Therapeutic Category
Weight Loss
Obesity
Weight management
Fitness
Nutrition
Women Health
Pregnancy
Fertility
Others
Disease Management
Diabetes
Cardiovascular
Respiratory
Cancer
Others
Mental Health
Others

By Services Provided
Remote Monitoring
Consultation
Drug Reference
Diagnostics
Medical Monitoring Systems
Clinical Support Systems
Electronic Medical Records

By End-Users
Healthcare Authorities
Medicare Practitioners
Therapists
Patients
Others

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2019 to 2029, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Lockdown All across Regions in the COVID-19 Affected World Has Boosted the Therapeutic Apps Market with a global pandemic, an unprecedented economic crisis and uncertainty have descended upon every market sector. Hence as the healthcare industry faces crises and difficulties in handling the increased patient volume and providing properly on one medical support, there is no surprise that the remote healthcare sector via therapeutics apps market is on the rise. An increasing number of such apps have claimed to be rising to the occasion. For instance, a New York-based app called TalkSpace allows the user to connect with a licensed medical practitioner. Apps, such as TalkSpace, claim to connect clients to online medical officials remotely for approximately $40 a week. For example, with COVID-19-related stress on apps such as Wysa, an artificial intelligence therapy platform, there has also been a rise in users. Wysa provides video sessions with human therapists; the simple free plan allows you to text a bot in the form of an animated penguin that provides exercises and advice for mental wellbeing.

Key Therapeutics Apps Market Trends:
- The report identifies, determines, and forecasts the Global Therapeutics Apps Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Therapeutics Apps Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Therapeutics Apps Market.

Key Questions Answered in The Report:
What will the Therapeutics Apps market growth rate?
What are the key factors driving the global Therapeutics Apps market?
Who are the key manufacturers in the Therapeutics Apps market space?
What are the market opportunities, market risk, and market overview of the Therapeutics Apps market?
What are sales, revenue, and price analysis of top manufacturers of the Therapeutics Apps market?
Who are the distributors, traders, and dealers of the Therapeutics Apps market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Therapeutics Apps Industry?
What are sales, revenue, and price analysis by regions of Therapeutics Apps industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

Recent Developments -
In January 2019, Medtronic (U.S.) had launched a product, MyCareLink Heart, a medical app that can interact with pacemakers. The app is compatible with the pacemakers and sends the encrypted data to the app’s network. It has made it possible for pacemakers to interact safely with patients using smartphones. This product launch would allow for more successful patient interaction with their doctors, which will broaden the customer base of the brand.

Oracle (U.S.) launched a mobile app on March 30, 2020, for physicians to enter information on their patients and for patients to record on a regular basis their encounters with drug therapies. The goal is to get a picture that could provide real-world data on which medications and dosages work against the coronavirus (SARS-CoV-2).

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