Wireless Health Market Study including Growth Factors, Types and Application by regions from 2020 to 2025
28th July 2020 - Global Wireless Health 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.
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Market Report with TOC @ https://www.millioninsights.com/industry-reports/wireless-health-market
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.
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.
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.
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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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