The Adoption of Mobile Technologies
AppwoRx is a company that realizes opportunities for developing new mHealth apps, content, products, and services are emerging daily. We believe mHealth will play a ubiquitous role in transforming the U.S. and global health systems, expanding access to decision support that permit consumers to engage effectively with their systems of care.
The evolution of mobile technology in the past twenty years has revolutionized every aspect of industries across the board in the way they conduct business and communicate with their customers, and healthcare is no exception. The rapid growth and advancements in the technical field have compelled investors to reevaluate their current methods of commerce to determine how they can employ these advancements to better service their clients in the digital age.
Industry professionals have acknowledged the significant role that the field of healthcare plays in the mobile market. In a 2012 survey of senior executives in the US mobile sector, 78% of respondents said that the healthcare/life sciences market had the greatest potential for benefiting from emerging technologies and subsequently generating revenue. Further, data from this study indicated that the healthcare/life sciences market was the industry most likely to see high rates of growth in its business model over the next five years.
The demand for mobile apps will largely be driven by challenges encountered throughout the lifecycle of the population using them. Current and continuing healthcare reforms and rising costs of coverage as well as the natural aging processes and developing illnesses encountered by mobile users, along with the population’s increased awareness and desire to take a proactive stance on their health, will all propel growth in the mHealth field substantially.
As integral as mobile devices have become to the average user’s daily routine, the market is rife with opportunity for healthcare to emerge as a leader in mobile app revenue. Technologies currently available allow the user to view their own medical records on-demand instantly as well as to connect with providers in order to take active part in their own healthcare. There also exists the potential in the expanding global market to allow providers to connect with patients and caregivers in remote areas to assist in diagnostics and recommendations for treatment, which will in turn facilitate the provision of accessible and affordable healthcare worldwide.
As a company dedicated to reinventing the way patients and physicians engage, AppwoRx realizes opportunities for developing new mHealth apps, content, products, and services are emerging daily. We believe mHealth will play a ubiquitous role in transforming the U.S. and global health systems, expanding access to decision support that permit consumers to engage effectively with their systems of care.