MobiHealth News 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 are approximately 84,000 health app publishers, and a total of 325,000 health apps currently available in the major app stores (not accounting for multi-store releases).
Approximately 78,000 of these health apps were added within the past year alone. The rate of total annual app downloads also increased over the past year but, as Markus Pohl, cofounder and research director of...