Market Trends of Asia-Pacific Telemedicine Industry
This section covers the major market trends shaping the APAC Telemedicine Market according to our research experts:
mHealth Segment is Expected to Witness Rapid Growth Rate in the Asia-Pacific Telemedicine Market
mHealth is an abbreviation of mobile health concerned with the practice of public health and or medicine supported by mobile devices. The rapid advances in mobile technologies and applications, a rise in new opportunities for the integration of mobile health into existing eHealth services, and the continued growth in coverage of mobile cellular networks are expected to boost the market growth.
In June 2020, the Health Ministry of Japan reported that Japan's COVID-19 contact-tracing app has reached more than 4 million downloads in a week. In addition, in April 2020, Malaysia launched the MySejahtera app, aimed at helping the government to contain the COVID-19 outbreak, and at the same time enabling users to monitor their health during the pandemic. By August 2020, the app had been downloaded by 13.3 million users.
In addition, the rise of chronic diseases is a major concern in the Asia-Pacific region that is increasing the adoption of several mHealth applications in order to monitor health outcomes. For instance, according to the research article published in the Journal for Cardiovascular Quality and Outcomes, 2019, the estimated prevalence of Cardiovascular diseases (CVDs) in India was estimated to be 54.5 million, and one in 4 deaths in India is because of CVDs, with ischemic heart disease and stroke being responsible for more than 80% of this burden. Thus, the presence of above-mentioned market development factors are contributing to the increased adoption of these services thereby, driving the growth of the telemedicine market.