According to Nova one advisor, the global Urgent Care Apps market gathered revenue around USD 2.1 Billion in 2020 and market is set to grow USD 8.9 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 40.1% during the prediction period 2021 to 2027.
According to Nova one advisor, the global Urgent Care Apps market gathered revenue around USD 2.1 Billion in 2020 and market is set to grow USD 8.9 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 40.1% during the prediction period 2021 to 2027.
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Growing internet penetration and smartphone connectivity, increasing demand for patient-centric healthcare are factors driving the market. In addition, the increasing prevalence of various health disorders majorly strokes, diabetes, trauma, cardiovascular disorders, and obesity, and increasing adoption of digital health technology is anticipated to raise demand for healthcare via digital medium thereby, aiding the market growth. According to the data published by the World Stroke Organization in 2017, more than 15.7 million new cases of stroke are registered each year. It further stated that 17.5 million new cases of ischemic stroke were registered in 2020.
In addition, benefits offered by these apps for better management of check-ups and medicinal dosage are positively contributing towards the growth of the segment. Moreover, the demand for convenient trauma care is increasing among the elderly population owing to physical, sensory, and cognitive changes associated with it. This, in turn, increases the chances of moderate to severe injuries such as bruises, head trauma, and hip fractures. According to WHO, the population above 65 years of age suffer the highest number of fatal falls globally?
On the other hand, evolving innate curiosity, developmental stages, and risk-taking factors are further increasing the demand for trauma care services among the pediatric population. Increasing consumer awareness regarding benefits offered by urgent care apps, such as affordable healthcare, convenient accessibility, regular follow-ups, and reduced waiting times, is further propelling industry growth. In addition, increasing government initiatives, rising investments by nonprofit organizations, and private companies to create awareness and to support the adoption of urgent care apps is positively impacting the market growth.
Report Coverage
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Report Scope |
Details |
|
Market Size |
USD 8.9 Billion by 2027 |
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Growth Rate |
CAGR of 40.1% From 2021 to 2027 |
|
Base Year |
2020 |
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Forecast Period |
2021 to 2027 |
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Historic Data |
2017 to 2020 |
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Report coverage |
Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
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Segments Covered |
App type, clinical area type And Region |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
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Regional analysis:
In 2020, North America accounted for the highest revenue share of 39.1% in the market for urgent care apps. The growing adoption of digital solutions in healthcare, the presence of well-established healthcare infrastructure, and high smartphone penetration are some of the key factors contributing to market growth in the region. According to research published in NCBI in August 2018, around 95.2% of the adult population in the U.S. possesses a mobile phone, with 64.0% of them owning smartphones. Moreover, increasing the development and deployment of innovative and advanced digital solutions, the presence of a large number of players operating across segments such as mobile and network operations, and high costs associated with in-patient care in the region is further contributing to market growth.
However, in Asia Pacific, the market for urgent care apps is anticipated to witness a significant growth rate during the forecast period. The rising number of government initiatives, increasing investments by nonprofit organizations and private companies to support the adoption of urgent care apps for better information exchange, improved patient engagement, improved treatment outcomes, cost reductions, and convenient care are some of the major factors expected to drive the market in the country. For instance, in July 2017, India Virtual Hospital launched the Patient Care App to support doctors in identifying and tracking the treatment journey as well as the recovery process of their referral patients. It further aimed at strengthening and streamlining the treatment journey of patients from primary and secondary care to tertiary care.
Some of the prominent players in the Urgent Care Apps Market include: Allm Inc.; Hospify; Johnson & Johnson Health & Wellness Solutions, Inc.; PatientSafe Solutions; Alayacare; Twiage LLC; TigerConnect; Siilo B.V.; Imprivata, Inc.; MEDISAFE
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2027 and covers subsequent region in its scope:
- By App Type
- Pre-Hospital Emergency care & Triaging Apps
- In-Hospital Communication & Collaboration Apps
- Post-Hospital Apps
- Medication Management Apps
- Rehabilitation Apps
- Care Provider Communication & Collaboration Apps
- By Clinical Area Type
- Trauma
- Stroke
- Cardiac Conditions
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Benefits for Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global Urgent Care Apps industry analysis from 2022 to 2030 to identify the prevailing Urgent Care Apps industry opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the global Urgent Care Apps industry segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global Urgent Care Apps industry trends, key players, market segments, application areas, and market growth strategies.
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