Urgent Care Apps Market Opportunity, Competitive Scenario, Recent Developments and Forecast Research 2027
Urgent Care Apps Market Overview
Market Research Future (MRFR) perceives the market to advance at a remarkable CAGR of 42.20% over the forecast period and acquire USD 2597.8 Mn by the end of 2023.
Market Dynamics
The growing awareness of the loopholes of the current distribution system for healthcare, along with the general movement towards personalized medicine, has had a far-reaching impact on the development of the global demand for emergency care applications. Apps for urgent care have been a way of reducing lengthy wait times and high ER rates. They will, however, greatly reduce healthcare costs and serve as a catalyst for patient interaction. The massive popularity of emergency care software can be attributed to the ubiquity of software, fueled by the deep penetration of tablets, computers, and smartphones. A sufficient number of smartphone users render their mobile devices essential for health-related or medical information to be sought.
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However, inadequate internet access and low penetration of smartphones and 3G/4G networks in underdeveloped regions have hindered the development of urgent care applications in those regions. The growth of the industry remains a problem for a vast number of miscategorized applications.
In addition, the growth in the number of mobile users, the increase in internet usage, the increase in the usage of smartphones, the increase in 3G and 4G innovations, the increase in spending by different organisations to develop healthcare and network connectivity, and the growing demand for cost-effective and user-friendly technology are driving the development of different markets for emergency service applications. While healthcare technologies such as emergency response applications have yet to enter the mainstream, in the modern healthcare environment, they are considered an innovation. Growing knowledge of health management apps creates opportunities for business expansion.
Market Segmentation
The global urgent care apps market has been segmented based on clinical area and type.
By clinical area, the worldwide urgent care apps market has been segmented into cardiac conditions, stroke, trauma, and others. The trauma segment is the largest segment owing to the account of growing incidences of road accidents which necessitates increasing cognizance to address trauma by healthcare organizations and trauma care. The cardiac conditions segment is likely to be the fastest developing segment owing to the steady realization of the advantages of urgent care apps in the management of serious cardiac conditions.
By type, the urgent care apps market has been segmented into in-hospital communication & collaboration apps, post-hospital apps, and emergency care triage apps. The post-hospital apps segment has been sub-segmented into medicine management apps, rehabilitation apps, and care provider communication & collaboration apps.
Regional Analysis
Geographically, the urgent care apps market has been segmented into Europe, The Americas, the Middle East & Africa, and Asia Pacific.
North America is a noteworthy market for urgent care apps. Deep penetration of smartphones and 3G and 4G networks along with escalating healthcare expenses and continuous need to address the same are expanding the market in North America. Besides, the region tends to rapidly adapt to developing technologies which further supports the development of the urgent care apps market. Other driving factors include growing focus on customized healthcare and raising awareness.
Europe's market development can be solely attributed to growing endeavors by the government towards the promotion of such apps and escalating the need to limit healthcare costs. Italy, Germany, Spain, the UK, and France are the major markets in Europe.
Key Players
The worldwide urgent care apps market is dominated by prominent key players such as Pivot Design Group, Forward Health, Twiage, Johnson & Johnson, Alayacare, Siilo, Vocera Communications, PatientSafe Solutions, Argusoft, Hospify, Pulsara, Voalte, Allm, TigerConnect, and Imprivata.
Table of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
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