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Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Mobile Medical Apps market. Market segmentation includes Service (Medical Monitoring, Nutrition & Fitness, Medical Reference, Diagnostic, Treatment and Other Services) and End-Use (Patients and Healthcare Providers).

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24 November 3:44 a.m., Silicon Valley, California - According to the new market research report, the global market for Mobile Medical Apps is projected to grow at a CAGR of 5.6% reach US$62.6 billion by 2027, driven by rising adoption of smart gadgets in the healthcare industry, increasing availability of advanced networks and connectivity solutions and growing awareness about chronic disease management. The global Mobile Medical Apps market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Amid the COVID-19 pandemic, while the financial markets hit a new low in 1H 2020, the health technology market continued to thrive. As the COVID-19 outbreak continues to progress around the world, the pandemic throws the focus on boosting the immune system to fight infectious diseases. mhealth Apps mainly focused on care, communication, fitness, and wellness are gaining interest amid the pandemic. Going forwards with the uncertainty regarding the containment of coronavirus , demand for health and fitness apps is expected to remain strong.

Post-COVID-19, mobile health apps market is expected to register significant growth in the coming years owing to convergence of a number of favorable trends such as integration of healthcare apps and devices. With mobile devices and apps dramatically changing the manner in which healthcare data is gathered, stored, analyzed and shared, healthcare facilitates and practitioners are increasingly using medical apps to offer better care to patients. The upcoming years are likely to witness increasing significance of mobile apps for physicians and healthcare practices. By providing mobile apps to staff, hospitals can simplify and resolve a number of common problems confronting hospital settings and also facilitate significant improvements in overall efficiency of hospital workflows. Mobile medical apps are benefiting immensely from advances in mobile phone technologies, with the result mobile devices are now capable of handling some of the most complex tasks. While a vast majority of the apps are designed for simpler tasks, several advanced apps have been developed that can manage sophisticated functions such as real-time monitoring and high-resolution imaging. The present day medical apps are user-friendly and offer the benefit of multi-functionality.

Global market for mobile medical apps is expected to continue exhibiting strong growth, expanding at a rate faster than the overall market for mobile apps. The increasing adoption of smartphones and tablets and expanding networks of 4G/5G connectivity platforms for healthcare services presents positive growth opportunities for the market. Adoption levels are also on rise owing to the promise of higher cost efficiency offered by mobile health app and solutions, which support activities of medical professionals. The use of mobile apps by healthcare professionals is also growing, owing to their ability to enhance patient practice and improve system efficiency and communication, for instance by offering access to reference tool at the point of care. Continuous increase in the number of care facilities and medical professionals relying on a range of medical apps for constant monitoring of patients is expected to foster growth in the global mobile medical apps market. The market also stands to benefit from the increasing use of medical apps for remote patient health monitoring. Given their ability to significantly enhance overall patient access to medical care, mobile medical apps hold the potential to transform the entire healthcare industry. The market is anticipated to also witness increasing popularity of mHealth apps focusing on remote monitoring, consultation and patient status tracking. Mobile Health App Industry is expected to witness greater incorporation of big data, and analytics in mobile health applications in order to flexibly access hospital data including records of patient's health care insurance, health, finance as well as information relating to hospital transactions. Artificial Intelligence, Virtual reality (VR) and Augmented Reality (AR) have a significant role in developing medical apps. AR/VR applications are expanding from gaming to other sectors including the medical arena.

Research Methodology
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. The views, opinions and findings presented are based on validated engagements from a total executive pool size of 22561. Among this pool, 2032 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 451 unique participations, a total of 203 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.

Key Competitors Covered in the Report -
Cisco Systems, Inc.
Apple, Inc.
AT&T, Inc.
Medtronic, Inc.
Nike, Inc.
Cerner Corporation
iHealth Lab, Inc.
Athenahealth, Inc.
Airstrip Technologies, Inc.
AgaMatrix, Inc.
AliveCor, Inc.
BioTelemetry, Inc.

Segments Covered in the Report -
Service (Medical Monitoring, Nutrition & Fitness, Medical Reference, Diagnostic, Treatment, Other Services)
End-Use (Patients, Healthcare Providers)
Application (Diabetes, Cardiovascular, Respiratory, Other Applications)

Geographies Analyzed in the Report -
World
USA
Canada
Japan
China
Europe
France
Germany
Italy
UK
Spain
Russia
Rest of Europe
Asia-Pacific
Australia
India
South Korea
Rest of Asia-Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East
Iran
Israel
Saudi Arabia
UAE
Rest of Middle East
Africa.

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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world`s only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.

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Zak Ali
Director, Corporate Communications
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