Slump in Emergency Care Cost to Boost Global Urgent Care Apps Market by 2025
PORTLAND, Oregon, October 19, 2018 /PRNewswire/ --
According to a new report published by Allied Market Research, titled, "Urgent Care Apps Market by Product and Clinical Area: Global Opportunity Analysis and Industry Forecast, 2018-2025", the post-hospital apps segment dominated the market 2017, and anticipated to maintain this trend throughout the forecast period.
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Urgent care app is a healthcare application available for android and iOS users. This app turns a smartphone into a virtual urgent care center, which can be accessed remotely. It enables users to search symptoms, peruse a medical dictionary, and basically be their own doctor. In addition, it connects users to a healthcare professional in real-time who can help in diagnosing the symptoms. Moreover, in case of intensive care, healthcare professionals can connect the app user to a certified doctor in their area who can call the user within a few minutes.
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The global urgent care apps market is expected to exhibit significant growth during the forecast period, due to increase in adoption of smartphones, surge in penetration of 3G & 4G networks, and rise in focus on patient-centric healthcare delivery across the globe. However, poor internet connectivity in developing countries is projected to impede the market growth. On the contrary, high growth potential in emerging markets offers significant growth opportunities for the market players.
Based on product, the global urgent care apps market is categorized into emergency care triage apps, in-hospital communication apps, and post-hospital apps. The post-hospital apps segment was the major revenue contributor in 2017 and is anticipated to continue this trend during the forecast period, owing to the increase in number of smartphone users; rise in awareness of mobile apps for medication management & rehabilitation among patients; and surge in number of patients suffering from trauma, stroke, and cardiac patients who need support during post-hospital care.
Based on clinical condition, the market is classified into trauma, stroke, cardiac conditions, and others. The stroke segment is projected to register the highest CAGR during the forecast period, due to increase in the number of stroke patients and rise in number of stroke-specific apps.
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According to Onkar Sumant, Manager, Healthcare at Allied Market Research, "Increase in trend of cost containment in healthcare delivery acts as a key driver of the urgent care apps market. Furthermore, increase in awareness of healthcare apps among patients in developing countries is expected to boost the market growth in the coming years."
KEY FINDINGS OF THE STUDY
- Based on product, the emergency care triage apps segment is projected to register the highest CAGR during the forecast period.
- Depending on clinical area, the cardiac condition segment was the major revenue contributor in 2017 and is anticipated to continue this trend during the forecast period.
- U.S. generated the highest revenue in the global urgent care apps market in 2017.
- Asia-Pacific is a lucrative segment that is estimated to grow at a highest CAGR during the forecast period.
North America accounted for the largest share of the market in the global urgent care apps market in 2017 and is expected to remain dominant throughout the forecast period. This is attributed to improvement in quality of care, increase in focus on patient-centric care management, and rise in internet speed, However, Asia-Pacific is expected to experience the highest growth rate during the forecast period, majorly due to surge in awareness of smartphone applications during emergency and post-hospital care.
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The report provides a comprehensive analysis of the key players operating in the global urgent care apps market, namely Allm Inc., Pulsara, Hospify, Pivot Design Group (Viatherapy), Medisafe, Smartpatient (Mytherapy), Johnson & Johnson (Johnson & Johnson Health & Wellness Solutions, Inc.), Patientsafe Solutions, Alayacare, and Siilo. The other players in the value chain include Vocera Communications, Tigerconnect, Voalte, Twiage, and others.
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