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Global Mobile Medical Apps Market to Reach US$20.7 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Mobile Medical Apps estimated at US$4.2 Billion in the year 2020, is projected to reach a revised size of US$20.7 Billion by 2027, growing at a CAGR of 25.5% over the analysis period 2020-2027.
Medical Monitoring, one of the segments analyzed in the report, is projected to grow at a 25.3% CAGR to reach US$5 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Nutrition & Fitness segment is readjusted to a revised 28.6% CAGR for the next 7-year period. This segment currently accounts for a 35.4% share of the global Mobile Medical Apps market.