Expansion Of Remote Patient Monitoring Fueling The Growth Of The Market Due To Increasing Chronic Disease Prevalence: Powering Innovation and Expansion in the Global Mobile Health (mHealth) Adverse-Event Reporting Apps Market by 2025

Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Is the Expected CAGR for the Mobile Health (mHealth) Adverse-Event Reporting Apps Market Through 2025?
There has been a significant acceleration in the growth of the market for mobile health (mHealth) adverse event reporting apps over recent years. The market is expected to expand from $1.55 billion in 2024 to $1.84 billion in 2025, indicating a compound annual growth rate (CAGR) of 18.7%. Factors such as heightened regulatory requirements for pharmacovigilance compliance, escalating levels of smartphone and internet usage, increased patient participation in healthcare, greater awareness about adverse drug reactions, and the enlargement of digital health ecosystems have contributed to this growth during the historic period.

What's the Projected Size of the Global Mobile Health (mHealth) Adverse-Event Reporting Apps Market by 2029?
Expectations point to a swift expansion in the market size of mobile health (mHealth) adverse-event reporting apps in the coming years, with projections estimating its growth to $3.62 billion by 2029. This reflects a compound annual growth rate (CAGR) of 18.3%. The estimated upswing during the forecast period is ascribed to factors such as integration with electronic health records (EHR/EMR), escalating acceptance of remote patient monitoring, official support for digital health initiatives, intensifying attention on real-time drug safety supervision, and a surge in the demand for personalized and patient-focussed healthcare. The forecast period is also likely to see trending advancements like the utilization of artificial intelligence for adverse event recognition, improved data safety through blockchain, cloud-based reporting platforms, integration with wearable tech, and the application of natural language processing in gathering patient feedback.

View the full report here:
https://www.thebusinessresearchcompany.com/report/mobile-health-mhealth-adverse-event-reporting-apps-global-market-report

Top Growth Drivers in the Mobile Health (mHealth) Adverse-Event Reporting Apps Industry: What's Accelerating the Market?
The growing utilization of remote patient monitoring is predicted to stimulate the expansion of the mobile health (mHealth) adverse-event reporting apps market in the future. Digital technologies are employed in the remote patient monitoring (RPM) to record medical and health-related data from patients in non-traditional health care environments. The escalation in RPM is predominantly attributed to the growing incidence of chronic diseases, invoking the necessity for constant real-time monitoring of patients beyond conventional healthcare settings to enhance outcomes and cut down on hospital visits. RPM fosters the growth of mobile health (mHealth) adverse-event reporting apps through the incessant collection of patient health data, facilitating prompt reporting and tracking of adversative drug responses or therapeutic side effects via mobile interfaces. For example, as per Vivalink, a US-based health tech firm, as of August 2023, a substantial 81% of clinicians currently employ remote patient monitoring (RPM), a huge leap from a mere 20% in 2021, indicating a 305% surge. In addition, 84% of present RPM users are planning to broaden their usage of this technology in 2024. Hence, the burgeoning of remote patient monitoring is fuelling the development of the mobile health (mHealth) adverse-event reporting apps market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=28273&type=smp

What Trends Will Shape the Mobile Health (mHealth) Adverse-Event Reporting Apps Market Through 2029 and Beyond?
Primary players in the mHealth adverse-event reporting apps market, including leading corporations, are honing their focus on the creation of innovative solutions such as mobile-based communication utilities. These utilities are aimed to enhance adverse-event detection speed and bolster the efficacy of drug safety surveillance. Digital tools or apps that permit smooth interaction, reporting, and data exchange through smartphones or tablets are classified as mobile-based communication tools. These tools provide real-time connection among patients, medical service providers, and regulatory bodies, thus fast-tracking decision-making processes and advancing medical results. In September 2023, for instance, Bharat Serums and Vaccines Limited (BSV), a notable biopharmaceutical firm situated in India, introduced the BSV AER, a fresh mobile-based communication application. This application provides healthcare professionals, consumers, and company staff the ability to electronically document potential adverse occurrences resulting from BSV products across India via smartphones or tablets, all free of charge. BSV AER is connected directly to BSV's pharmacovigilance framework, serving to expedite the reporting and analysis of adverse events while ensuring patient safety through competent management and swift intervention.

What Are the Main Segments in the Mobile Health (mHealth) Adverse-Event Reporting Apps Market?
The mobile health (mhealth) adverse-event reporting apps market covered in this report is segmented as

1) By App Type: Standalone Adverse-Event Reporting Apps, Integrated mHealth Platforms
2) By Platform: Android, iPhone Operating System (IOS), Web-Based
3) By Application: Pharmacovigilance, Clinical Trials, Patient Safety Monitoring, Other Applications
4) By End-User: Hospitals And Clinics, Pharmaceutical Companies, Research Organizations, Patients, Other End Users

Subsegments:
1) By Standalone Adverse-Event Reporting Apps: Patient-Centric Reporting Apps, Healthcare Provider Reporting Apps, Regulator-Focused Reporting Apps, Pharmacovigilance Reporting Apps
2) By Integrated mHealth Platforms: Electronic Health Record or Electronic Medical Record Integrated Reporting Modules, Telemedicine Platform-Integrated Reporting, Clinical Trial and Research Platform Integration, Hospital and Pharmacy Management System Integration

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=28273&type=smp

Which Top Companies are Driving Growth in the Mobile Health (mHealth) Adverse-Event Reporting Apps Market?
Major companies operating in the mobile health (mhealth) adverse-event reporting apps market are IQVIA Holdings Inc., Veeva Systems Inc., Itransition Group Inc., Bharat Serums and Vaccines Limited, ArisGlobal LLC, Saama Technologies Inc., Optimal Strategix Group Inc., OSP Labs Private Limited, K Health Inc., SafetyCall International PLLC, Medwatcher, Healthy.io Ltd., InPhase Technologies Ltd., Tiga Healthcare Technologies Inc., Qualityze Inc., iVigee Services AS, Advera Health Analytics Inc., Preventice Solutions Inc., Luscii Healthtech BV, and My Mhealth Limited.

Which Regions Will Dominate the Mobile Health (mHealth) Adverse-Event Reporting Apps Market Through 2029?
North America was the largest region in the mobile health (mHealth) adverse event reporting apps market in 2024. The regions covered in mobile health (mHealth) adverse event reporting apps report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=28273

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.