Description
Healthcare Mobility Solutions Market
Product Overview
Healthcare sector began focusing on digital solutions that not only improved the hospital patient experience but also made it simpler to get health information. Healthcare Mobility Solutions make use of mobile applications to deliver the best possible healthcare to patients. The Healthcare Mobility Solutions assist patients in conveniently transferring their healthcare reports and data to healthcare professionals and receiving treatment for their ailments. This saves time and money by lowering the overall cost of healthcare. The patient may use these applications to keep track of their heart rate, blood sugar level, and other health-related activities. The development of a mobile application allows individuals in the hospital to interact and cooperate right away by text, email, or video chat, which helps to sort and speed up treatment. Furthermore, exceptional healthcare applications such as MediCall enable for rapid conversation, diagnosis, and prescription from a physician through video conference in faraway locations.
Market Highlights
Healthcare Mobility Solutions market is expected to project a notable CAGR of 28.36% in 2030
Healthcare Mobility Solutions Market to surpass USD 1006.38 billion by 2030 from USD 82.87 billion in 2020 at a CAGR of 28.36% in the coming years, i.e., 2021-30. Because of the rising need for high-quality healthcare services, the Global Healthcare Mobility Solutions Market has seen rapid expansion. Other factors predicted to boost the target market’s growth include technological advancements in mHealth devices and rising awareness about illness diagnosis and prognosis.
Healthcare Mobility Solutions market: Segments
Mobile Devices segment to grow with the highest CAGR during 2020-30
Healthcare Mobility Solutions market is segmented by product and services into Mobile Devices, Mobile Applications, Enterprise Mobility Platforms. Among these, the Mobile Devices category dominated the market in 2020 and is projected to lead the market in terms of product throughout the forecast period. The domination of the mobile equipment industry is due to the increasing prevalence of RFID scanners, tablets, and smartphones, which ease the workflow of healthcare specialists and medical practitioners.
Healthcare Providers segment to grow with the highest CAGR during 2020-30
Healthcare Mobility Solutions market is segmented by End-User into Healthcare Payers, Healthcare Providers, and Patients. Among these the Healthcare Providers category had the highest revenue share in 2019. The significant penetration of advanced features such as mobile devices, RFID scanners, and bar code scanners in healthcare systems such as hospitals, clinics, and other ambulatory care settings is primarily responsible for this end-user segment’s large share. The growing use of mobile applications to streamline workflow and performance of healthcare processes and patient outcomes is also contributing to the segment’s growth.
Market Dynamics
Drivers
Increase in the adoption of connected healthcare devices and wearable medical devices
The market is expected to expand due to an increase in the use of connected healthcare equipment and wearable medical gadgets that allow for simple communication between healthcare professionals and patients.
Technological advancement and increasing awareness
Factors predicted to boost the target market’s growth include technological advancements in mHealth devices and rising knowledge regarding illness diagnosis and prognosis. Furthermore, advances in wireless networks are anticipated to help in the market’s growth.
Restraint
Some of the key limiting issues that may hinder market growth are growing concerns about data security, limited battery life of mobile devices, restricted standard communication methods, and refund policies.
Healthcare Mobility Solutions: Key Players
Omron Corporation
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Oracle Corporation
Cisco Systems, Inc.
Philips Healthcare
AT&T, Inc
Cerner Corporation
Airstrip Technologies, Inc.
Zebra Technologies Corporation
McKesson Corporation
SAP SE
Healthcare Mobility Solutions market: Regions
Healthcare Mobility Solutions market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. The Healthcare Mobility Solutions market in North America held the largest market share in the year 2019. Because of the large number of smartphone users and better adaptation to online services, North America holds the biggest share of the market, which is projected to fuel the market growth during the forecast period. With the growth of mHealth and its apps that help individuals in active personal health management, healthcare in the North American area is seeing favorable trends.
Healthcare Mobility Solutions market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – China, Japan, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Healthcare Mobility Solutions report also contains analysis on:
Healthcare Mobility Solutions Segments:
By-Products and Services
Mobile Devices
Mobile Applications
Enterprise Mobility Platforms
By Application
Enterprise Solutions
Patient Care Management
Operations Management
Workforce Management
mHealth Applications
By End-User
Healthcare Payers
Healthcare Providers
Patients
Healthcare Mobility Solutions Market Dynamics
Healthcare Mobility Solutions Market Size
Supply & Demand
Current Market Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Healthcare Mobility Solutions Market Report Scope and Segmentation
Report Attribute Details
Market size value in 2021 USD 106.25 billion
Revenue forecast in 2030 USD 1006.38 billion
Growth Rate CAGR of 28.36% from 2021 to 2030
Base year for estimation 2020
Quantitative units Revenue in USD billion and CAGR from 2021 to 2030
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Products and Services, Application, End-user, and Region
Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa (MEA)
Key companies profiled
Omron Corporation, Oracle Corporation, Cisco Systems Inc., Philips Healthcare, AT&T Inc, Cerner Corporation, Airstrip Technologies Inc., Zebra Technologies Corporation, McKesson Corporation, SAP SE, and Other Prominent Players.
Frequently Asked Questions
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