The healthcare app market is booming and COVID-19 situation has compelled medical professionals to adopt mobile app technology which is worth analyzing.
Technology always finds solutions for people even in the time of a pandemic. Mobile app development company eSearch Logix, which provides app solutions to entrepreneurs, eCommerce companies, small businesses, and enterprises, recently analyzed the healthcare app market 2021. And what they found is very interesting and gives good news for both consumers and business owners during this distressed economic situation.
Last year, the University of California, San Francisco conducted an online cardiovascular study which harnesses the power of mobile technology to help them monitor patients using their smartphones and sends the data to doctors for analysis.
This mobile technology allowed doctors to analyze information and quickly provide feedback. It made physicians extremely excited about healthcare apps, but they still require more advancement to overcome some obvious hurdles.
This is the rise of healthcare apps.
For the past few years, healthcare app development has been witnessing huge growth. Doctors, medical professionals, patients, and common people are demanding healthcare apps that could help them maintain their health & fitness.
Just think, a patient sitting in India can consult a doctor sitting in the USA. This is the power of mobile app technology.
Many hospitals are now switching from traditional methodologies to 100% efficient digital solutions. As mobile apps are taking over every industry, the healthcare industry seems no exception to this.
A report suggested by IQVIA, there are more than 318,000 health apps currently available in app stores globally. With over 200 health apps added each day, it is almost double the number of apps two years ago.
According to Orcha organization, which conducted research for the review of care and health applications in the pandemic situation, COVID-19 has led to a 25% growth in health app downloads.
The pandemic has forced an increase in health app downloads, particularly in fitness tracker apps, meditation apps, diet and nutrition apps, mental health apps, and medical apps.
eSearch Logix studied other reports on the healthcare app market 2021 which tells that the global mobile health (health) app market size is estimated to reach USD 149.3 billion by 2028, with a growing CAGR of 17.7% over the forecast period.
(Source: Grand View Research)
When they look at the global level, they found that the USA, Canada, China, Japan, and Europe will drive the CAGR of 23.4%, while North America itself dominated the market with a revenue share of over 38% in 2020.
Besides this, in countries such as Australia, India, and South Korea, the market size in Asia-Pacific is forecasted to touch USD 2.8 billion by the year 2027.
The regional market will expand further at a nominal CAGR from 2021 to 2028 due to various factors, such as increasing usage of smartphones, advancement in the Internet speed, growing prevalence of chronic diseases, rising geriatric population, and increased awareness of health management
The above data reveal one important thing: people never want to compromise health and medical treatment, and as digitalization is becoming the need of the hour in every sector, healthcare apps are surely going to be the essential digital commodity.
Alekh Verma, CEO & Founder of eSearch Logix, said, “Healthcare applications will change every smartphone into a virtual hospital in the future.”
They found three key factors which are boosting healthcare app development:
- Improved efficiency and speed of healthcare delivery.
Health or medical apps are making it easier than ever to gather, manage, and monitor health-related data or real-time updates.
- Ease of data collection for medical professionals.
Medical professionals highly rely on medical reports or data about their patients. Hospitals that have started using these apps now find it easier to collect and share medical information; accessing medical history, providing prescriptions and lab reports on the app privately.
- Highly convenient for patients.
People fear and hate waiting for a long queue or prolong appointments. There are many on-demand doctor apps like Practo, Maple which provide access to doctors anytime, anywhere.
The Healthcare app is not just limited to doctors and patients only. In fact, it has influenced other industries to come together to provide customized solutions.
App developers and technologists at eSearch Logix often have to utilize artificial intelligence, machine learning, and IoT technology to build solutions that meet different goals and requirements of global clients.
CEO Alekh Verma says, “Our clients come from different parts of the world. From USA to Europe and India to Australia, we always find every company or business client comes with a unique app development project which needs customized solutions and features. Our cost-efficient development solutions specifically empower startups and entrepreneurs to establish their business concepts through healthcare apps.”
It is impressive to note how a mobile app is helping people achieve goals. When asked to eSearch Logix what capabilities made them fastest-growing Android app development company in India, particularly in the health & fitness category, they answered:
- Comprehensive pre-development planning
- Use of AI & ML
- Interactive UI & UX
- Robust Information Architecture
In a nutshell, mobile apps can transform any healthcare institution and push it to a higher level. A decade ago, no one could ever imagine the kind of influence that mobile applications have today. Now healthcare apps are becoming great business ideas for entrepreneurs and startup companies to provide effective solutions to users.
About eSearch Logix
eSearch Logix is a renowned mobile app development company in India which provides a broad range of app development services to businesses worldwide. The company holds over a decade of experience in the IT industry, having over 800 global clients and 153+ delivered app projects. They are specialized in developing custom mobile apps for multiple industries inducing healthcare.