Wireless Health Market Size, Share, Analysis Report

Wireless Health Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast

The Wireless Health Market is anticipated to surpass US$ 572 billion by 2028 at a CAGR of 23% in the forecast period.

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MARKET SNAPSHOT

Major Players

  • AT &T Inc
  • Cerner Corporation
  • Omron Corporation
  • Omron Corporation
  • Philips Healthcare,
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    23

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Wireless health is combine technique of wireless technology and medicine which is used to recover the individual’s health and security. Varity of tools are used in wireless health which analyze, examine and manage the disease. It is rising field that request to introduce wireless technology in healthcare system and health research for the purpose of improving individual care and class of living. The rate of healthcare system is also reducing by using the wireless health technique. Wireless health is projected to convert the present conventional and paper based healthcare system and guarantying the superiority concern. Wireless health also provide patient protection.

    The Wireless Health Market is anticipated to surpass US$ 572 billion by 2028 at a CAGR of 23% in the forecast period.North America is leading market with highest market share of wireless health market. Owing to increase in internet access in Asia Pacific, the APAC market is showing huge growth in wireless health market.

    The major driving factors of wireless health market are as follows:

    o Growing the requirement of the healthcare system industry.

    o Rising the healthcare expenditure.

    o Useful quality managing.

    o Correct billing management.

    o Accurate patient information.

    The Restraining factors of wireless health market are as follows:

    o Confidentiality problem regarding wireless health.

    o Safety issue.

    o Require standard set of rule and compensation strategy. 

    o Problem regarding infrastructure and price.

    The wireless health market is segmented on the lines of itstechnology, component, application and end user. The wireless health market is segmented on the lines of its technology likeWLAN/Wi-Fi, WPAN , WiMAX and WWAN. WPAN is further segmented into zigbee, Bluetooth, ant+, ultra-wide band (UWB), z-wave, RFID, RTLS, and IPS. WWAN is segmented into 3G and 4G, GPRS, CDMA and GPS. Under component segmentation it covers software, hardware and services. The wireless health market segmented on the lines of its applications such as patient-specific, physiological monitoring, patient communication and support and provider/payer-specific. Based on end user it covers providers, payers and patients.The wireless health market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:

    1) An overview of the global market for wireless health and related technologies.

    2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.

    3) Identifications of new market opportunities and targeted promotional plans for wireless health. 

    4) Discussion of research and development, and the demand for new products and new applications.

    5) Comprehensive company profiles of major players in the industry. 

    REPORT SCOPE:

    The scope of the report includes a detailed study of global and regional markets for various types of wireless healthwith the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include:

    • All scripts Healthcare Solutions Inc.

    • AT &T, Inc.

    • Cerner Corporation

    • Omron Corporation

    • Philips Healthcare

    • Verizon Communications Inc.

    • Qualcomm Inc.

    • Aerohive Networks Inc.

    • Vocera Communications Inc.

    • Alcatel-Lucent (U.S.)

    Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments. 

    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players. 

    The Wireless health Market has been segmented as below:  

    By Technology Analysis

    WLAN/Wi-Fi

    WPAN

    ZigBee

    Bluetooth

    Ant+

    Ultra-wide Band (UWB)

    Z-wave

    RFID, RTLS, and IPS

    WiMAX

    WWAN

    3G and 4G

    GPRS

    CDMA

    GPS

    By Component Analysis

    Software

    Hardware

    Services

    By Application Analysis

    Patient-specific

    Physiological Monitoring

    Patient Communication and Support

    Provider/Payer-specific

    By End-user Analysis

    Providers

    Payers

    Patients/Individuals

    By Regional Analysis

        North America

        Europe

        Asia-Pacific

        Rest of the World

    Reasons to Buy this Report:

    1) Obtain the most up to date information available on all active and planned wireless health industry globally.

    2) Identify growth segments and opportunities in the industry.

    3) Facilitate decision making on the basis of strong historic and forecast of wireless health industry and unit capacity data.

    4) Assess your competitor’s refining portfolio and its evolution. 

    Customization:

    We can offer you custom research reports as per client’s special requirements.

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    1 INTRODUCTION      

        1.1    Key Take Aways    
        1.2    Report Description    
        1.3    Markets Covered    
        1.4    Stakeholders    
        1.5    Research Methodology    
            1.5.1    Market Size    
            1.5.2    Market Share    
            1.5.3    Key Data Points From Secondary Sources    
            1.5.4    Key Data Points From Primary Sources

    2 Research Methodology

        2.1 Research Approach
               2.1.1 Secondary Data
                        2.1.1.1 Key Data From Secondary Sources
               2.1.2 Primary Data
                        2.1.2.1 Key Data From Primary Sources
        2.2 Market Size Estimation
        2.3 Market Breakdown and Data Triangulation
        2.4 Market Share Estimation
        2.5 Research Assumptions

    3 Executive Summary

    4 Premium in sights

        4.1 Global Wireless Health Market
        4.2 Market, By Technology and Region
        4.3 Market, By Region
        4.4 Market, By Application (2015 vs 2020)

    5 Market Overview

        5.1 Introduction
        5.2 Market Segmentation
        5.3 Market Dynamics
               5.3.1 Drivers
                        5.3.1.1 Advancements in Wireless Communication Technology
                        5.3.1.2 Increasing Internet Penetration
                        5.3.1.3 Emergence of Wearable Devices
                        5.3.1.4 Increasing Utilization of Connected Devices in the Management of Chronic Diseases
                        5.3.1.5 Favorable HCIT Environment to Promote Wireless Health
                        5.3.1.6 Adoption of Patient-Centric Approach By Healthcare Providers
                        5.3.1.7 Robust Penetration of 3G and 4G Networks to Provide Uninterrupted Healthcare Services
                        5.3.1.8 Mainstreaming of Cloud Computing
               5.3.2 Restraints
                        5.3.2.1 Resistance From Traditional Healthcare Providers
                        5.3.2.2 Fragmented End-User Market
                        5.3.2.3 Poor Internet Availability in Underdeveloped and Developing Countries
                        5.3.2.4 High Initial Price of Wearable Health Devices
                        5.3.2.5 Lack of Skilled It Professionals in the Healthcare Industry
               5.3.3 Opportunities
                        5.3.3.1 Molecular Communications
                        5.3.3.2 Developments of Key Enabling Technologies
               5.3.4 Challenges
                        5.3.4.1 Data Privacy & Security Concerns
                        5.3.4.2 Integration of Wireless Health Solutions Within Healthcare Organizations
                        5.3.4.3 Lack of Data Management and Interoperability
               5.3.5 Regulatory Implications
                        5.3.5.1 ISO Standards – ISO 27799:2008 & ISO/Tr 27809:2007
                        5.3.5.2 Health Insurance Portability and Accountability Act (HIPAA)
                                   5.3.5.2.1 HIPAA Privacy Rule
                                   5.3.5.2.2 HIPAA Security Rule
                        5.3.5.3 Health Information Technology for Economic and Clinical Health Act (Hitech)
                        5.3.5.4 Federal Communications Commission (FCC)
                        5.3.5.5 CEN ISO/IEEE 11073
                        5.3.5.6 CEN/Cenelec
                        5.3.5.7 ETSI

    6 Wireless Health Market, By Component

        6.1 Introduction
        6.2 Hardware
        6.3 Software
        6.4 Services

    7 Global Wireless Health Market, By Technology

        7.1 Introduction
               7.1.1 WPAN
                        7.1.1.1 Bluetooth
                        7.1.1.2 RFID
                        7.1.1.3 ANT+
                        7.1.1.4 Zigbee
                        7.1.1.5 Z-Wave
                        7.1.1.6 UWB (Ultra-Wideband)
               7.1.2 Wlan/Wi-Fi
               7.1.3 Wimax
               7.1.4 WWAN
                        7.1.4.1 3G
                        7.1.4.2 GPRS
                        7.1.4.3 CDMA
                        7.1.4.4 Global Positioning System (GPS)

    8 Wireless Health Market, By Application

        8.1 Introduction
        8.2 Patient-Specific Applications
               8.2.1 Physiological Monitoring
               8.2.2 Patient Communication and Support
        8.3 Provider/Payer-Specific Applications

    9 Wireless Health Market, By End User

        9.1 Introduction
        9.2 Providers
        9.3 Payers
        9.4 Individuals/Patients

    10 Wireless Health Market, By Region

         10.1 Introduction
         10.2 North America
                 10.2.1 U.S.
                            10.2.1.1 Increasing Use of Data-Driven Technologies
                            10.2.1.2 Consolidation in the U.S. Healthcare Industry
                            10.2.1.3 Increasing Healthcare Spending
                            10.2.1.4 Regulatory Mandates in the U.S.
                            10.2.1.5 Venture Capital Funding
                            10.2.1.6 Growing Utilization of Mhealth Solutions in the U.S.
                            10.2.1.7 Violation of Healthcare Data Regulations Forms A Barrier in the Adoption of Wireless Healthcare Solutions in the U.S.
                 10.2.2 Canada
                            10.2.2.1 Digital Health Measures in Canada to Act as A Stimulus for the Wireless Health Market
                            10.2.2.2 Increasing Accessibility of Wireless Healthcare in Canada
                            10.2.2.3 Growing Data Breach Cases in Canada
         10.3 Europe
                 10.3.1 Germany
                            10.3.1.1 Presence of A Strong Insurance System and Government Initiatives to Modernize the Healthcare System in Germany
                 10.3.2 U.K.
                            10.3.2.1 Government Initiatives in the U.K. to Improve Service Quality and Reduce Healthcare Costs
                            10.3.2.2 Increasing Healthcare It Penetration in the U.K.
                 10.3.3 France
                            10.3.3.1 Rising Geriatric Population to Create A Potential Market for Digital Healthcare in France
                            10.3.3.2 Government Support to Promote Wireless Health
                 10.3.4 Italy
                            10.3.4.1 Growing Focus of Players on the Wireless Health Market in Italy
                 10.3.5 Spain
                            10.3.5.1 Government Support to Digitalize Healthcare
                            10.3.5.2 Initiatives Taken By Domestic Players to Boost the Wireless Healthcare Market in Spain
                 10.3.6 Rest of Europe (RoE)
         10.4 Asia-Pacific
                 10.4.1 Japan
                            10.4.1.1 Rising Aging Population in Japan to Create Need for Wireless Health Technology
                            10.4.1.2 Growing Focus of Stakeholders on the Japanese Market
                 10.4.2 China
                            10.4.2.1 Increased Venture Funding in China to Develop Digital Healthcare
                            10.4.2.2 Initiatives to Digitalize Healthcare in China
                 10.4.3 India
                            10.4.3.1 Low Doctor–Patient Ratio and High Internet Penetration
                            10.4.3.2 Digital India Initiative
                 10.4.4 Rest of Asia-Pacific
         10.5 Rest of the World
                 10.5.1 Rising Awareness of Wireless Health Solutions in Brazil

    11 Competitive Landscape

         11.1 Overview
         11.2 Competitive Situation and Trends
                 11.2.1 Agreements, Partnerships, and Collaborations
                 11.2.3 Product Launches and Enhancements
                 11.2.4 Expansions
                 11.2.5 Acquisitions
                 11.2.6 Other Developments

    The Wireless health Market has been segmented as below:  

    By Technology Analysis

    WLAN/Wi-Fi

    WPAN

    ZigBee

    Bluetooth

    Ant+

    Ultra-wide Band (UWB)

    Z-wave

    RFID, RTLS, and IPS

    WiMAX

    WWAN

    3G and 4G

    GPRS

    CDMA

    GPS

    By Component Analysis

    Software

    Hardware

    Services

    By Application Analysis

    Patient-specific

    Physiological Monitoring

    Patient Communication and Support

    Provider/Payer-specific

    By End-user Analysis

    Providers

    Payers

    Patients/Individuals

    By Regional Analysis

        North America

        Europe

        Asia-Pacific

        Rest of the World

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    The market is expected to grow at a CAGR of 23% during the study period (2023-2028)
    The Wireless Health Market is anticipated to surpass US$ 572 billion by 2028
    The segment included in the Wireless Health Market is Technology, Component, Application, End-user, Company and region.
    Some key players operating in the Wireless Health Market include AT &T, Inc, Cerner Corporation, Omron Corporation, Omron Corporation, Philips Healthcare,
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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