Market Synopsis
The
global market for urgent care apps was valued at USD 314.2 million in 2017 and
can expect revenues of USD 2597.8 Mn by the end of 2023, says Market Research
Future (MRFR). MRFR perceives the market to progress at a tremendous CAGR of 42.20%
during the forecast period (2018-2023).
Market Boosters and Key
Barriers
Urgent
care apps let the user connect with a registered nurse who can answer any
medical questions that the user has, and a licensed physician can give a call
in a few minutes if the need arises. Moreover, patients seeking medical care
for either themselves or others can make use of urgent care apps during an
emergency and get the needed help from online doctors. At present, the demand
for post-hospital apps during post-hospital care is increasing among patients
at a significant pace.
The
urgent care apps are witnessing a sharp rise in demand across the globe as the
use of smartphones has surged in recent years. These factors are also
supplemented by the penetration of 3G and 4G networks. Besides, the increasing
focus on patient-centric healthcare delivery around the world will work in
favor of the market in subsequent years.
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Market Opportunities:
The
worldwide urgent care apps market can expect robust growth opportunities with
the launch of 5G internet services in the near future. Patients will be able to
make use of call conferencing as well as live consultation features of
smartphones backed by high-speed internet. This is projected to be an impactful
factor accelerating the demand in the urgent care apps market. To elaborate, 5G
network in mobile services offers a variety of advantages in terms of high
speed, security, latency, energy, and reliability.
Market Segmentation:
The
worldwide urgent care apps market has been segmented on the basis of type and
clinical area.
With
respect to the type, the urgent care apps market is considered for emergency
care triage apps, in-hospital communication & collaboration apps, and
post-hospital apps.
Depending
on the clinical area, the urgent care apps market covers trauma, stroke,
cardiac conditions, and others. The trauma segment has the maximum coverage of
the market based on the hike in incidences of road accidents necessitating
trauma care and rising awareness regarding trauma cases. Yet, the cardiac
conditions segment will be noting the fastest growth on account of the increasing
realization of the advantages of urgent care apps in managing critical cardiac
conditions.
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Regional Outlook:
Europe,
Asia Pacific, the Middle East & Africa and the Americas have been
identified as the primary markets for urgent care apps.
North
America is the most profitable region in the global urgent care apps market,
led by the United States (U.S.). Heavy penetration of smartphones along with 3G
and 4G networks has been the chief reason for the strong performance of the
regional market. On top of that, the escalating healthcare spending and the
constant need to improve the same are adding to the strength of the market. The
region is also known for quickly adapting to emerging technologies, in addition
to focusing more on personalized healthcare. All of these will stimulate the
market growth during the evaluation time frame.
The
prime reason for Europe's market growth is the increase in initiatives by the
government for the promotion of urgent care apps. Also, the mounting need to
curb healthcare costs in Italy, Germany, Spain, the United Kingdom (UK) and
France further solidifies the market’s foundation in the region.
The
Asia Pacific urgent care apps market is set to note an expeditious growth in
the following years. The rising penetration of smartphones within the
developing economies of the region combined with the growing awareness about
healthcare management apps have led to the market expansion.
Esteemed Players
The
esteemed vendors molding the worldwide urgent care apps market are Pivot Design
Group, Forward Health, Johnson & Johnson, Twiage, Siilo, Hospify, Argusoft,
Voalte, Pulsara, PatientSafe Solutions, Allm, TigerConnect, Alayacare, Vocera
Communications, Imprivata, and others.
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