The Latin America, Middle East and Africa Disease Management Apps Market would witness market growth of 18.0% CAGR during the forecast period (2023-2029).
Telemedicine and telehealth are increasingly being incorporated into disease management apps, enabling patients to communicate with medical professionals from a distance. In addition, market players are integrating wearable technology, such as smartwatches and fitness trackers, into disease management apps to give a detailed view of patients' health. This is done in order to provide personalized recommendations as well as improve health outcomes.
Rapid consumer demographic changes, such as shifting lifestyle habits and preferences, are predicted to increase product demand, which is predicted to propel industry growth. The demand for wearable technology is also anticipated to be supported by rising consumer expenditure on personal care items. In addition, because they help in tracking hourly activity and stationary time, smartwatches are in high demand among cyclists, runners, swimmers, and gym goers.
A lot of vendors are also concentrating on releasing goods with features that appeal to customers, such as different sports alternatives, a huge display, an improved battery, and a durable metal case. In addition, manufacturers can upgrade their goods with new advanced features by integrating artificial intelligence (AI) and augmented reality (AR) technologies.
It is anticipated that the UAE disease management apps market will expand as a result of the rising demand for internet-based patient care & healthcare services. Due to the growing use of artificial intelligence (AI), the Internet of things (IoT), and the rising consumer need for cloud-based healthcare services, the mHealth industry in the UAE will keep growing. The most recent pandemic contributes to the growing market trends under total lockdown conditions. In the ensuing years, patients seeking advice from physicians on preventative measures against COVID-19 and patients seeking consultations on various medical issues will be contributing to the expansion of the regional mHealth industry. In addition, the regional disease management apps market is expected to expand due to the government's initiatives to digitalize healthcare services.
The Brazil market dominated the LAMEA Disease Management Apps Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $376.8 million by 2029. The Argentina market is exhibiting a CAGR of 18.6% during (2023 - 2029). Additionally, The UAE market would showcase a CAGR of 17.7% during (2023 - 2029).
Based on Indication, the market is segmented into Obesity, Mental Health, Cardiovascular Issues, Diabetes and Others. Based on Device, the market is segmented into Smartphones, Tablets, and Wearables. Based on Platform Type, the market is segmented into Android, iOS and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Disease Management Apps Market is Projected to reach USD 18.7 Billion by 2029, at a CAGR of 12.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fitbit, Inc. (Google LLC), Sleepcycle AB, Noom, Inc., Medisafe Project Ltd., Azumio, Inc., Healthy.io Ltd., MyFitnessPal, Inc., Curable, Inc., Bearable Ltd and Omada, Health, Inc.
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