Digital Care Management - CIS | Statista Market Forecast

The revenue in the Digital Care Management market in the CIS is projected to reach US$1.41bn in 2024.
It is expected to exhibit an annual growth rate (CAGR 2024-2029) of 12.58%, resulting in a projected market volume of US$2.54bn by 2029.
The user penetration is anticipated to be 12.13% in 2024 and is expected to rise to 15.31% by 2029.
The average revenue per user (ARPU) is projected to be US$47.80.
In terms of global comparison, United States is expected to generate the highest revenue, amounting to US$24.69bn in 2024.
As a journalist with deep knowledge about the Digital Health market in CIS, I can confidently state that the adoption of Digital Care Management solutions is rapidly increasing among healthcare providers in the region.

Definition:

Digital care management encompasses a range of applications that enable users to monitor, analyze, and improve their physical health. These applications include online pharmacy platforms, medication checker apps, and contraception and fertility apps. Online pharmacy platforms allow users to conveniently access and order prescription medications and healthcare products online. Medication checker apps serve as guides for safe dosage intake, provide information on potential drug interactions, and facilitate the maintenance of personal medication records. Contraception and fertility apps offer guidance on family planning, contraceptive methods, fertility tracking, and reproductive health awareness, providing users with information as well as monitoring capabilities.

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Structure:

The Digital Care Management market is divided into three categories: online pharmacies, medication checker apps, and contraception and fertility apps.

Additional Information:

The Digital Care Management market data comprises revenue, average revenue per user, users, and user penetration rates. The user base of digital care management apps includes paying and non-paying customers. The revenue figures only include revenues generated from paid apps offering premium options and from in-app purchases; revenues from app downloads and advertising are not included.

Contraception and fertility apps
Medication checker apps
Online pharmacies

Health tracking devices
Fitness apps
Nutrition apps
Meditation apps
Mindfulness apps

The Digital Care Management market in CIS is experiencing significant growth and development, driven by various factors influencing consumer behavior and market dynamics.

Customer preferences: Consumers in CIS countries are increasingly turning to online pharmacy services for convenience and accessibility to a wide range of medications. Medication checker apps are also gaining popularity among tech-savvy individuals who seek accurate information about their prescriptions. Additionally, contraception and fertility apps are becoming more widely used as people prioritize family planning and reproductive health.

Trends in the market: In CIS countries, the Digital Care Management market is witnessing a surge in demand for online pharmacy services as consumers seek to avoid long queues and access medications from the comfort of their homes. Medication checker apps are being embraced for their ability to provide drug interaction alerts and dosage reminders, ensuring safe medication practices. Moreover, contraception and fertility apps are being adopted by individuals looking for natural family planning methods and personalized fertility tracking.

Local special circumstances: CIS countries have unique healthcare systems and varying regulations governing the pharmaceutical industry. This diversity influences the adoption of digital care management solutions, with some countries being more open to technological innovations than others. Cultural attitudes towards healthcare and privacy concerns also play a role in shaping consumer preferences in the region.

Underlying macroeconomic factors: The economic landscape of CIS countries impacts the Digital Care Management market, with factors such as disposable income levels, healthcare infrastructure, and government policies influencing the accessibility and affordability of digital health services. As economies in the region continue to develop, there is a growing middle-class population with increasing purchasing power, driving the demand for convenient and tech-driven healthcare solutions. Additionally, advancements in technology and internet penetration rates contribute to the expansion of the Digital Care Management market in CIS.

Data coverage:

The data encompasses B2C enterprises. Figures are based on revenues and user data of relevant mobile applications and consumer electronics companies.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, population, internet penetration, smartphone penetration, consumer spending, and healthcare spending. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Digital market, in a PDF format.