Global WirelessHealth Market is anticipated to reach USD 315.4 billion by 2025. The market is anticipated to rise at a healthy rate in the years to come. Wireless Health implies the incorporation of wireless technology into diagnosis, intensive care, and treatment of illness, as well as the other tools that can assist individuals measure their individual health. Wireless health varies from mobile health in that wireless health solutions will not always be mobile and mobile health solutions will not always be wirelessly permitted.
Mobile
broadband connectivity reaches patients in inaccessible areas while
enlightening efficiency. One of the instances is “BodyLAN”. It is a low-power
wireless networking procedure that communicates data from medical and fitness
devices and “ANT+” is a wireless networking procedure that permits
communication among numerous sensors and devices, designed for wireless sensor
networks that necessitate low-energy consumption and low data transmission.
The
factors that propel the growth of the Wireless Health Market include rising
application of wireless health devices among aging population and patients
suffering from chronic disorder, growing patient-centric methodology, improved
perception regarding Internet, and Federal obligations like Meaningful Use
Stage II. On the other hand, there are factors that also hamper the growth of
the Wireless Health Market like high expenditure of wearable devices, data
safety worries, interoperability, and lack of expert IT professionals in
healthcare. The market is anticipated to grow at a significant CAGR of 23.5% in
the upcoming period as the scope, product types, and its applications are
increasing across the globe.
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The
market may be explored by technology, component type, applications, end users
and geography. The market may be explored by technology as WLAN/Wi-Fi, WiMAX,
WWAN, and WPAN. The WPAN may be explored as Bluetooth, ZigBee, Ant+, Ultra-wide
Band (UWB), Z-wave, RTLS, RFID, and IPS. The WWAN sector is may be explored as
3G and 4G, GPRS, CDMA and GPS.
The
“WPAN technology” segment is dominated the market in 2016 and is anticipated to
maintain its dominance by 2025. Bluetooth sector held the largest market share
in 2016. The factors that attribute to the rise in WPAN sector in the Wireless
Health Market are its low budget and extremely protected services.
Wireless
Health Market may be explored by component type as Software, Services, and
Hardware. The software segment dominated the market in 2016 and is anticipated
to maintain its dominance by 2025. The factor that fuels the rise of software
sector is the growing application of healthcare IT solutions to reduce
healthcare expenditures along with the mounting necessity for progressing
current software solutions.
Wireless
Health Market may be explored by application as Patient-specific, Physiological
monitoring, Patient communication and support, and Provider specific. The
Patient-specific segment dominated the market in 2016 and is anticipated to
maintain its dominance by 2025. The factors that contribute to the
Patient-specific applications are rising demand for superior healthcare and varying
standard of living demographics.
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The
market may be explored by end users as Providers, Patients/Individuals, and
Payers. The “providers” segment dominated the Wireless Health Market in 2016
and is anticipated to maintain its dominance by 2025. The providers encompass
hospitals, ambulatory care centers, and physicians. The rise in implementation
of wireless healthcare solutions by providers is mainly to offer quality care
services.
North
America accounted for the major share of the market in 2016 and will continue
to dominate in the forecast period. The factors that contribute to the rise of
North American share is growing digital health procedures in Canada and
national obligations in the United States. During the forecast period, Asia
Pacific is anticipated to rise rapidly owing to expanding population, rising
medical tourism, increasing governmental advantages for eHealth.
Some
of the key players that fuel the growth of the Wireless Health Industry include
Qualcomm, Inc., Aerohive Networks, Inc., Vocera Communications, Inc., Philips
Healthcare, Alcatel-Lucent, Allscripts Healthcare Solutions, Inc., AT &T,
Inc., Verizon Communications, Inc., Cerner Corporation, and Omron Corporation.
The leading companies are taking up partnerships, mergers and acquisitions, and
joint ventures in order to boost the inorganic growth of the industry.
Market
Segment:
Wireless
Health Technology Outlook (Revenue, USD Billion, 2014 - 2025)
• WLAN/Wi-Fi
• WPAN
• WiMAX
• WWAN
Wireless
Health Component Type Outlook (Revenue, USD Billion, 2014 - 2025)
• Software
• Hardware
• Services
Wireless
Health Application Outlook (Revenue, USD Billion, 2014 - 2025)
• Patient-specific
• Physiological monitoring
• Patient communication and support
• Provider specific
Wireless
Health End-use Outlook (Revenue, USD Billion, 2014 - 2025)
• Providers
• Payers
• Patients/Individuals
Wireless
Health Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• Japan
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• South Africa
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