A recent report published by Infinium Global Research on the urgent care apps market provides an in-depth analysis of segments and sub-segments in the global as well as regional urgent care apps market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional urgent care apps market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast, and dollar values of the global urgent care apps market. According to the report, the global urgent care apps market is projected to grow at a CAGR of x.x% over the forecast period of 2020-2026.
Urgent care can be defined as the medical care systematized for injuries or illnesses that demand instantaneous attention yet are not so severe that emergency room facilities are necessary. The urgent care feature of providing prompt attention to injuries or illnesses makes it a segment of enormous interest in healthcare. Furthermore, the amalgamation of digital technologies with healthcare is enhancing the effectiveness of healthcare delivery coupled with making medicines more tailored and precise. By using information and communication tools, numerous health issues faced by patients can be resolved. Moreover, the increasing penetration of smartphones is fuelling the digital revolution in healthcare. The penetration of high-speed internet connections around the globe makes it possible to use smartphones as a tool to link healthcare providers and patients. In addition, the current concern over the spread of novel coronavirus is also expected to have a positive impact on the urgent care apps market. The high incidence and transmissible nature of novel coronavirus have infected a large number of frontline healthcare providers resulting in a substantial scarcity of doctors and nurses. Furthermore, because of infrastructural challenges such as a limited number of beds in quarantine facilities, a large patient pool with mild symptoms are home quarantined. To monitor these enormous patient inhabitants with constrained healthcare staff, numerous hospitals are adopting digital health solutions, which is relatively evident in recent market movements. With COVID-19 infections snowballing internationally, the anxiety regarding a shortage of essential life-saving devices and other essential medical supplies in order to inhibit the spread of this outbreak and provide optimum care to the infected also widen. All these developments are predicted to boost the urgent care apps market over the long term.
Numerous benefits offered by urgent care apps such as chronic pain guidance, pain management function for panic situations and reduced hospital readmissions are the key factors driving the market. Furthermore, immediate appointment booking and a growing preference among healthcare facilities to deliver patient-centric care also boost the market growth. Growing consumer switch from the traditional communication channels that are highly prone to interruptions and bottlenecks, to a real-time setup offering innumerable benefits and addressing various significant problems that are affecting the healthcare sector is heightening the demand for urgent care apps for numerous health concerns. The increasing prevalence of various conditions that include trauma, stroke, cardiovascular diseases, Parkinson’s disease, and others along with the growing adoption of urgent care apps for consultation and treatment at affordable rates is further driving the market. However, poor internet connectivity in developing countries is anticipated to hamper the market growth.
Among the geographies, the North America region is expected to hold the largest share in the global urgent care apps market. The increasing adoption of digital solutions in healthcare, the presence of well-established healthcare infrastructure, and high smartphone penetration are some of the significant factors contributing to market growth in the North American region. Furthermore, the Asia Pacific region is expected to witness high growth in the global urgent care apps market during the forecast period. The augmented government budget for the healthcare sector in China, Japan, India, and East Asian countries is anticipated to provide positive opportunities for the market across the region. The increasing investments by non-profit organizations and private companies to support the adoption of urgent care apps for better information exchange is also expected to boost regional growth in the near future.
The report on the global urgent care apps market covers segments such as product and clinical area. On the basis of product, the sub-markets include emergency care triage apps, in-hospital communication apps, and post-hospital apps. On the basis of clinical area, the sub-markets include trauma, stroke, cardiac conditions, and others.
The report provides profiles of the companies in the market such as PatientSafe Solutions, TigerConnect, Allm Inc., Vocera Communications, Pulsara, Johnson & Johnson Services Inc., Twiage LLC, Hospify, Medisafe, and Alayacare.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the urgent care apps market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.