The Wireless Health Market is expected to grow from USD 108.01 billion in 2020 to USD 337.55 billion by 2026 at a CAGR of 21.2% from 2020 to 2026.
Wireless health is an integrated technique of wireless technology and medicine which is used to recuperate the individual’s health and security. Various tools are used in wireless health which analyze, examine and manage the disease. It is emerging field which need to incorporate wireless technology in healthcare system and health research for the purpose of enhancing individual care and class of living. The cost of healthcare system is also decreasing by using the wireless health technique. Wireless health is anticipated to convert the present traditional and paper based healthcare system and guaranteeing the superiority issue. The rise in the number of e-Health initiatives across the world, an increase in the usage of smartphones and Internet connectivity, and increase in the trend of self-disease management are few of the key factors fueling the wireless health market growth. An increasing trend toward the use of wearable devices for tracking physical parameters, such as sleep, heart rate, blood pressure and physical activity, is also propelling the wireless health market. The rising elderly population and following increase in chronic disease burden is also accelerating the wireless health market. As per The Wall Street Journal, there has been a rise in the usage of digital medicine, which allows the management of chronic conditions such as diabetes, heart diseases and respiratory diseases. Additionally, these digital medicines are cost-effective alternatives to conventional disease management. In addition to this, the continuous technological advancements in IT and software are also a major factor compelling the wireless health market for wireless technologies. Apart from this, the lack of internet in underdeveloped and developing countries will limit the wireless health market growth.
Changing trend toward value-based care is another factor attributed to the growth of the wireless health market. At present, few of the telehealth services, such as consulting a doctor through video connection, are compensated by CMS. The use of digital services such as several platforms for health management has promoted the development of several applications for managing heart diseases, diabetes and asthma. The use of applications for chronic disease management, fitness tracking, preventing hospital readmissions, supporting medication adherence, symptom tracking and managing mental and behavioral health are on the increase.
The global Wireless Health Market is segregated on the basis of Technology as WLAN/Wi-Fi, WPAN, WiMAX and WWAN. Based on Component the global Wireless Health Market is segmented in Software, Hardware and Services. Based on Application the global Wireless Health Market is segmented in Patient-specific and Provider-specific. Based on End-use the global Wireless Health Market is segmented in Providers, Payers and Patients/Individuals.
The global Wireless Health Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Wireless Health Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Analysis
AT&T, Inc., Aerohive Networks, Inc., Alcatel-Lucent Sa, Allscripts Healthcare Solutions, Inc., Apple, Inc. and others are among the major players in the global Wireless Health Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Wireless Health Market has been segmented as below:
Wireless Health Market, By Technology
Wireless Health Market, By Component
Wireless Health Market, By Application
Wireless Health Market, By End-use
Wireless Health Market, By Region
Wireless Health Market, By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global Wireless Health Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Wireless Health Market share. Major industry players with significant revenue share include AT&T, Inc., Aerohive Networks, Inc., Alcatel-Lucent Sa, Allscripts Healthcare Solutions, Inc., Apple, Inc. and others.
Why to Buy this Report:
Target Audience:
Free and Paid Customization based on the requirement
1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Wireless Health Market, By Technology
5.1. Key Points
5.2. WLAN/Wi-Fi
5.3. WPAN
5.4. WiMAX
5.5. WWAN
6. Wireless Health Market, By Component
6.1. Key Points
6.2. Software
6.3. Hardware
6.4. Services
7. Wireless Health Market, By Application
7.1. Key Points
7.2. Patient-specific
7.3. Provider-specific
8. Wireless Health Market, By End-use
8.1. Key Points
8.2. Providers
8.3. Payers
8.4. Patients/Individuals
9. Competitive Landscape
9.1. Introduction
9.2. Start-up companies- Wireless Health Market
9.3. Recent Developments
9.3.1. Mergers & Acquisitions
9.3.2. New Product Developments
9.3.3. Portfolio/Production Capacity Expansions
9.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5. Others
10. Company Profile
10.1. AT&T, Inc.
10.2. Aerohive Networks, Inc.
10.3. Alcatel-Lucent Sa
10.4. Allscripts Healthcare Solutions, Inc.
10.5. Apple, Inc.
10.6. Aruba Networks, Inc.
10.7. Brocade Communications Systems, Inc.
10.8. Cerner Corporation
10.9. Cisco Systems, Inc.
10.10.Hewlett-Packard Company
10.11. IBM Corporation
10.12. Intel Corporation
10.13. Mckesson Corporation
10.14. Motorola Solutions, Inc.
10.15. Philips Healthcare
10.16. Qualcomm, Inc.
10.17. Research In Motion (Blackberry)
10.18. Verizon Communications, Inc.
10.19. Omron Corporation
10.20. Vocera Communications, Inc.
10.21. Philips Healthcare
10.22. Koninklijke Philips N.V.
10.23. Epic Systems Corporation
10.24. Evolent Health, Inc.
Wireless Health Market, By Technology
Wireless Health Market, By Component
Wireless Health Market, By Application
Wireless Health Market, By End-use
Wireless Health Market, By Company