Global Gamification Mobile Application in Healthcare Market Set to Reach $4.48 Billion by 2024, Driven by Rising Chronic Disease Prevalence
Global Gamification Mobile Application: In healthcare market is poised for significant growth, with increasing demand
Global Gamification Mobile Application: According to Fact.MR, a leading provider of market research and competitive intelligence, the global gamification mobile application in healthcare market is projected to reach a valuation of US$ 4.48 billion by 2024, with an impressive CAGR of 21.4% expected from 2024 to 2034. The growing prevalence of chronic conditions like cardiovascular diseases, cancer, obesity, and diabetes is a significant factor driving the demand for gamified healthcare apps.
A report from the OECD indicates that over one-third of adults globally suffer from long-term illnesses, with 43% of the low-income population diagnosed with chronic diseases. The cost and prevalence of these conditions are expected to rise sharply in the coming years. In fact, “The Burden of Chronic Disease” report projects that by 2030, the global cost of managing chronic illnesses will exceed US$ 47 trillion.
The adoption of gamification in healthcare, along with its growing role in education, has spurred market growth. Additionally, the integration of AI and machine learning into wearable and handheld devices has accelerated the expansion of gamified healthcare applications, enhancing their effectiveness and appeal.
Key Insights from the Market Study:
- The global gamification mobile application in healthcare market is forecasted to grow at a CAGR of 21.4% and is expected to reach US$ 31.17 billion by 2034.
- Between 2019 and 2023, the market created an opportunity worth US$ 1.69 billion, growing at a CAGR of 11.9%.
- Leading companies in the market include Mango Health, Propeller Health, Omada Health Inc., Fitbit Health Solutions, Akili, Inc., and other emerging startups.
- The exercise games segment is estimated to grow at a CAGR of 22.7% between 2024 and 2034.
Growing Demand for Gamified Healthcare Solutions
According to a Fact.MR analyst, the increasing penetration of smartphones, AI technologies, and interactive patient engagement solutions in the healthcare sector is driving demand for gamified mobile health apps. The growing interest in gamified solutions to encourage engagement across various demographics, particularly the aging population, has been fueling market growth. Collaborative strategies and partnerships among major players have also significantly boosted market expansion. Leading companies are investing in R&D in communication technologies and mobile computing, resulting in promising improvements in physical activity (PA) and behavior change interventions.
Recent Industry Developments in Gamified Healthcare Applications
In June 2023, UC Davis Health and Propeller Health announced a collaboration to offer personalized treatment for high-risk patients with asthma and chronic obstructive pulmonary disease (COPD), aiming to improve health outcomes. The use of gamification design elements such as progress bars, leaderboards, and points has strengthened engagement between consumers and healthcare apps, leading to better patient adherence and outcomes.
Moreover, the GSMA 2023 report highlights the potential of 5G standalone and 5G Advanced technologies, which will increase investments in digital healthcare solutions. By 2030, the penetration rate of mobile internet users is expected to rise to 68%, from 58% in 2023, creating wide opportunities for growth in the gamification healthcare market.
Key Market Players Leading Innovation
Notable companies driving innovation in this space include Mango Health, Propeller Health, Omada Health Inc., Fitbit Health Solutions, Akili, Inc., Calm.com, Inc., Headspace Inc., Sleep Cycle, and Lumi Health (Apple Inc.). These companies continue to develop new and advanced gamified mobile applications to meet the evolving needs of the healthcare industry.
Conclusion
The global gamification mobile application in healthcare market is poised for significant growth, with increasing demand for personalized, engaging, and effective healthcare solutions. Technological advancements, rising smartphone penetration, and the adoption of AI and machine learning will play crucial roles in shaping the future of this market. As more companies invest in innovative solutions, gamification in healthcare is set to transform patient engagement, physical activity, and chronic disease management.
Fact.MR provides further valuable insights in its latest report, which covers historical data from 2019 to 2023 and forecasts from 2024 to 2034, offering a detailed analysis of product types, applications, and key regions globally. Click here