January 23, 2019
While recent news of international product launches and recent M&As might suggest a cutthroat market, new data released this week by Research2Guidance suggest that there is still plenty of room in the digital respiratory health sector for both existing and new market players.
According to “The Global Digital Respiratory Solutions Market 2009-2023” report, roughly 210 million asthma and COPD...
September 6, 2018
Diabetes is a costly chronic condition, and according to the International Diabetes Federation affects at least 425 million people worldwide. As such, it’s little surprise that an increasing number of digital health companies have spotted an opportunity to help patients manage and control their disease.
In fact, that opportunity led the total revenue digital diabetes market to triple in 2017 to $...
March 26, 2018
The average cost of development for a mobile health app from conception to launch is approximately $425,000, with nearly half of this expense outsourced to third-party app development agencies or freelancers, according to new research data recently released from a Research2Guidance survey of 2,400 mobile health stakeholders conducted over the summer.
“The [$425,000] is just the average cost — for...
November 6, 2017
With more and more mobile health apps releasing each year and slower growth in the number of users downloading, financial success is becoming less likely for developers without substantial backing, data from a recent market research report suggests.
According to the mHealth Economics 2017 study — an annual Research2Guidance survey which this summer polled 2,400 mobile health stakeholders — there...
October 11, 2016
In the land of digital health apps, space is becoming limited. According to a new study by Research 2 Guidance, the number of health and medical apps is still surging – 259,000 such apps were listed on major app stores in 2016 – but downloads are starting to slow down, indicating an increasingly crowded and competitive market.
“There is no end in sight for the current hype surrounding mHealth...
January 21, 2016
The diabetes management space has long held a commanding lead as the most popular target for mobile health developers, according to a new blog post from Research2Guidance based on their mHealth App Developer Economics report, for which the research firm surveyed 5,000 developers.
"In each survey we have conducted since 2010, diabetes has consistently been considered the therapy field offering the...
November 11, 2015
The health app market, currently valued at $10B, will grow at a compound annual growth rate of 15 percent to reach $31 billion by 2020, according to a report from research2guidance.
Although the health app market has seen significant growth, Zuzana Vranova, a senior research analyst at research2guidance, said that app developers are still trying to find effective monetization strategies. Existing...
May 12, 2015
The top five markets for mobile health app companies in Europe include Denmark, Finland, Netherlands, Sweden and the United Kingdom, according to a survey of 5,000 app developers, healthcare professionals, and digital health practitioners. The survey, which was conducted by Research2Guidance in collaboration with HIMSS Europe, found that 55 percent of respondents ranked the UK as the top market....
March 18, 2015
Seventy percent of health insurance companies have published only one or two apps and 67 percent of those companies have achieved less than 100,000 downloads on the apps they do have, according to a new report from Research2Guidance. The report analyzed app offerings from 79 health insurance companies from around the world.
The report follows on the heels of a similar look at the pharmaceutical...
October 27, 2014
Pharmaceutical companies have a lot of apps in the market, and have been making apps for a long time, but their apps aren't seeing downloads and usage on par with the apps from other industries. That's the conclusion of a new report from Research2Guidance (R2G), which analyzed more than 725 apps from 11 pharma companies.
According to R2G, the top pharma companies have 65 apps in the Apple and...