A research study
titled, “Wireless
Health Market
by Technology, Component, Application and End User - Global Industry Analysis
and Forecast to 2025” published by Crystal Market Research, states that the
wireless health market is projected to be around $309 billion by 2025.
In wireless health, the traditional medicines are
combined with wireless technology for diagnosis, treatment and monitoring of
disease. Patient’s physiological condition can be determined by wireless
healthcare devices. Markers of the chronic diseases can be monitored by
wireless health which will lead to more effective management of these diseases.
Wireless health can be useful in monitoring blood pressure, fluid stats and
cardiac function of a patient for effective management. This reduces hospital
stays and emergency room visits. Wireless health can also be used in
communicating health information about a patient suffering from trauma present
on field. Wireless health allows patient to live his life without restricting
the interaction between the patient and clinician to a specific time and place.
Wireless health helps in offering diagnosis, monitoring and treatment to
patients in places where it is difficult to reach. It helps the clinical
workforce to diagnose and monitor huge populationby means of automated
monitoring.
Browse full research report with TOC on “Wireless Health
Market by Technology, Component, Application and End User - Global Industry
Analysis and Forecast to 2025” at: http://www.crystalmarketresearch.com/report/wireless-health-market
The software market will witness considerable growth
during the forecast period as the awareness about the advantages of healthcare
IT is on the rise across the world. Increasing adoption of software applications
related to different healthcare processes such as diagnostics and patient
monitoring will drive the growth of this market over the forecast period. The
WPAN segment accounted for the majority of the wireless health market in 2016.
The high security features of the technology along with low cost implementation
have majorly contributed to the robust growth of this market.
Patient-specific application segment accounted for the
largest share of the market in 2016, due to rise in adoption of patient specific
products and need for quality healthcare. Services providers segment accounted
for the major share of the overall market in 2016, due to large number of
healthcare providers adopting wireless health solutions to deliver high quality
health care.
U.S. held the major share of the North America wireless
health market in 2016 owing to the huge spending on healthcare IT in the
country. According to a survey conducted by the Department of Health and Human
Services in May 2016, nearly all the hospitals in the U.S. are using certified
Electronic Health Records to manage patients’ health records. Emerging
countries such as China and India are aggressively adopting wireless health
technologies.
Strategic collaborations and product development are the
major strategies adopted by the companies operating in the global wireless
health market. For instance, in August 2016, Philips Healthcare and Qualcomm
Life Inc. collaborated to leverage Philips Health Suite and Qualcomm Life’s
2net platform to advance personalized connected healthcare. Likewise, in
October 2014, Philips Healthcare collaborated with Eseye, a global provider of
M2M cellular connectivity, for supplying Multi-IMSI AnyNet connectivity for
their telehealth platform, Philips Motiva. Moreover, in November 2016, Smiths
Medical launched PharmGuard interoperability software for smart pump
programming.
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Report @ http://www.crystalmarketresearch.com/report-sample/HC0632
Some of the key players in the global wireless health
market are AT &T, Inc., Cerner Corporation, Alcatel-Lucent, Omron
Corporation, Verizon Communications, Inc., Qualcomm, Inc.,Allscripts Healthcare
Solutions, Inc., Aerohive Networks, Inc., Philips Healthcare, and Vocera
Communications, Inc.
Key
Findings of the Research Study:
·
The software segment is expected to witness
lucrative growth during the forecast period due to rapid adoption of healthcare
IT software products by the industry.
·
The WPAN segment accounted for the largest
share in the wireless health market in 2016 as it is widely used to link
wireless healthcare devices with computers.
·
The Bluetooth segment accounted for the
largest share of the WPAN market in 2016 owing to its low cost application.
·
North America accounted for the major share
of the global wireless health market in 2016 due to the large scale adoption of
wireless healthcare devices and software solutions in the countries such as
U.S. and Canada.
·
Asia-Pacific market will experience robust
growth during the forecast period due to rapidly increasing internet
penetration and adoption of wireless medical devices.
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Wireless Health Market Segmentation:
By Technology:
- WLAN/Wi-Fi
- WPAN
o ZigBee
o Bluetooth
o Ant+
o Ultra-wide Band(UWB)
o Z-wave
o RFID, RTLS and IPS
- WiMAX
- WWAN
o 3G and 4G
o GPRS
o CDMA
o GPS
By
Component:
- Software
- Hardware
- Services
By
Application:
- Patient-Specific
- Physiological Monitoring
- Patient Communication and Support
- Provider/Payer-specific
By End User:
- Providers
- Payers
- Patients/Individuals
By Region:
- North America
o U.S
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Rest of Asia-Pacific
- Rest of the World
o Brazil
o South Africa
o Saudi Arabia
o Turkey
o United Arab Emirates
o Others
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About Crystal
Market Research
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and business intelligence company. Crystal offers one stop solution for market
research, business intelligence, and consulting services to help clients make
more informed decisions. It provides both syndicated as well as customized
research studies for its customers spread across the globe. The company offers
market intelligence reports across a broad range of industries including
healthcare, chemicals & materials, technology, automotive, and energy.
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