Is mHealth App Development a Future For medical industry?

Is mHealth App Development a Future For medical industry?

Reading Time: 6 minutes

Over the last couple of years, the number of healthcare apps for Android and iOS has simply doubled. And, this growth isn’t going to stop anytime soon. Services that help people deal with different health problems anywhere and anytime have been gaining greater popularity each day. And, when the aim is to earn through mobile technology, Healthcare App Development is definitely a smart way to go.

Even though entering the market for a medical app is quite the tricky business, the rewards are sure to roll in when things are done rightly. For starters, your patients would appreciate your technologically advanced step and choose your services due to the ease an mHealth app offers.

So, what exactly is mHealthcare for medical Industry? How is it going to affect the future of the medical industry? Read on to find the answers to all these and more.

Understanding mHealth

mHealth denotes the utilization of mobile devices for ensuring a healthy lifestyle, and even delivering important medical attention. The most familiar example of healthcare mobile app technology is the mHealth apps for patient that help the patient talk to their doctors, schedule appointments, and seek consultation online from their doctors or the hospital staff.

The mHealth app also has another use. It helps the patient monitor their fitness as well. Apart from medicine reminders, it encourages them to do regular exercise. The app also reminds them about their upcoming appointments with their doctors and lets them know the current status of their stock of medicines.

Read Also – How Artificial Intelligence, Data Science And Technology Are Being Used To Fight The Coronavirus Pandemic?

Applications Of The mHealth App In The Medical Industry

The application of mHealth app in the medical industry is manifold, and that is one of the prime reasons why it will be a huge part of the future of the medical industry.

First off, the foremost application of these apps have to be considered with regards to a medical clinic or center. The app aims to ease the entire process of doctor’s consultation and prescribed treatment. You will find convenient records of the right doctor, your test results, and even the opportunity to interact with your doctor through it. You can also save the prescription of your doctor and note down all the suggestions.

Secondly comes the intermediate stage of your treatment: the tests in the medical laboratories. Users of mHealth app can expect to get the functionalities like saving and receiving results, sending and printing the results, getting information on what to do before the tests, and book appointments for avoiding the queue.

Next up, the pharmaceuticals and drug stores that also come under the extended application of healthcare apps. There are times when patients visit a pharmaceutical store to buy the medicine. However, the store owner might not have the exact tablets, but tablets of the same genre and same function. You can simply open the app and converse with your doctor or their assistant to know about the medicine and its alternatives.

Finally, mHealth app help in monitoring and tracking taking of the medicines, and this is perhaps the most widely known function of it. The smart device in your hand will help you keep a track of your medicines. At the prescribed time, it will notify and suggest you to take the medicine. Also, it can be confusing if you are taking numerous medications. However, the app is designed in such a way that it will remind you about the dosage and the medicine you have to take at the prescribed time.

The app will also notify you about your upcoming appointments. Getting caught up with work and forgetting about your doctor’s appointment is common but can be harmful in some cases.

Read Also – How Apps And Artificial Intelligence Are Being Used To Tackle Coronavirus Scare?

mHealth Apps And The Medical Industry: The Future

Going by the recent estimates, the market share of mobile tech and mobile health apps will be over thirty billion by the year 2020. There is no denying the fact that this is an evolving industry and change is the name of the game. Some of the Trends in mHealthcare for the future of the medical industry are mentioned below.

Healthcare Devices And App Integration

Due to the rise in healthcare wearable like heart rate monitor, oxygen level monitoring device, etc., compatible apps to observe the reading by such devices is also going to rise. For example, a heart patient may see irregular pulse rates in the readings of the device. If they have an app that lets them talk to their doctor, they can take necessary step on time, which can either be going to the hospital or taking a medicine.

Combining Fitness And Healthcare Apps

The most popular fitness apps that you find at present are the fitness tracking apps. The future apps may also track pulse rate, oxygen level, BMI, fat percentage, etc. So, if the user notice anything doubtful while tracking their fitness, the app should allow them to notify their doctor.

mHealth apps can combine appointment and medicine tracking as well. They can store medical reports and prescriptions so that the user is provided with a complete health and medical package.

Other Uses

In the years to come, there will be an increasing demand for the mHealth applications that are focused on consultation, remote monitoring, and tracking the status of the patient. This is because the hospitals are striving to offer enhanced patient-doctor experience to stay ahead in the competition

Read Also – Coronavirus Scare gives mhealth an opening to Redefine Healthcare

The Income Potential Of mHealth Apps

Now, the question that arises is: how to recover the costs of mHealth app? The truth is, it’s not even remotely problematic to get the money back. When mHealth apps are made properly for the doctors and patients, they can start earning a good revenue soon enough. This is backed up by statistics that say it is true and the global mHealth app market is slated to hit $102.35 billion by the year 2023.

Even majority of the experts are in favor of mobile healthcare apps, and they are hopeful about what the future holds in this regard. The general consensus is that technology related to the Internet of Things will considerably improve the punctuality of receiving and rendering medical services. It will help patients to get the medical help as and when they need, and the doctors will have access to complete patient information in every case.

Read Also – What the Future of Digital Health Looks Like in 2020?

Insights on mHealth Apps Market

In the long haul, the digital revolution is disrupting every industry & the pandemic (Covid-19) just accelerated the phase. Especially, medical industries started leveraging contemporary technology tools & stacks for not only business advancement but also excellent patient care. More specifically, in recent years, mHealth applications gained excellent swiftness & support the individuals who want to pursue well-suited personalized health & wellness goals.

mHealth applications have a vital impact on improved health care services with better convenience to the patients. According to the grand view research, the mHealth app platform market size was forecasted to grow at a CAGR of 11.8% from 2022 to 2030. This states indicates that there is a rising interest among users to use the mHealth application for better patient care and an increase in recommendations from health professionals for the use of mHealth app solutions for chronic disease management, self-monitoring of health, convenient scheduling, and medication alerts.

The boost in the adoption of mHealth applications impacts the revenue share. The North American region generated the most revenue share of 38.2% in 2021 followed by Europe, Asia Pacific, and Latin America. Furthermore, it can be expected that numbers will spike in the coming months due to the fast-growing penetration of smartphones and advocate from healthcare professionals.

Summing up

The conclusion that can be drawn from this discussion is that the mHealth app market is booming and how! To make the most out of these opportunities, you will have to be a part of this mobile health market sooner than later. Keep in mind that the competition is increasing steadily in this field, and proving yourself might just prove even more difficult in future. So, get to healthcare app development right away.

As a well-established mobile application development company in Chennai, India – Way2Smile Solutions, has expertise in building health applications for the healthcare industry that drive excellent patient care. Our dedicated developers have a handful of experience in developing various of mHealth Apps from personal health records apps, medication management apps, and diagnostic apps to remote management applications. Get in touch with our experts today to bring your healthcare ideas to life.

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Written by

Madhu Kesavan is the Founder & CEO of Way2Smile Solutions, a globally recognized digital transformation company empowering enterprises and governments in their digital journey. With 20+ years in the IT market, he makes his vision for a sustainable future come true by leveraging technology.