Global Wireless Health Market Opportunities and Forecast 2023-2030

Wireless Health Market Overview

 Increasing the number of eHealth initiatives worldwide, a rise within the penetration of smartphones and Internet connectivity, and growth within the trend of self-disease management are a number of the factors boosting the market growth. Trending with the utilization of wearable devices for monitoring physical parameters, such as sleep, blood pressure, pulse and physical activity is driving the wireless health market.

The geriatric population is growing and subsequently increase the chronic disease burden will drive the market growth.  Increasing rate of usage of digital medicine, which enables the management of chronic conditions like diabetes, heart diseases, and respiratory diseases. Moreover, these digital medicines are cost-effective alternatives to traditional disease management.
Lack of skilled IT professionals and data security concerns are expected to restrain the expansion of the market to a particular extent. Additionally, lack of knowledge management and interoperability issues pose as major challenges for the market.
 
Covid-19 Impact on Wireless Health Market:
 
In addition, the present Global Market study offers an in depth analysis of the present COVID-19 pandemic impact on the market growth and its influence on the longer term growth of the worldwide Market. The recently published report demonstrates the elevation within the demand for the healthcare sector. The healthcare manufacturers have experienced future also as short term effect which incorporates supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption might be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.

The increasing need for a cure has pushed vaccine research and makers to the limit. In addition to the present, panic conditions have already spurred the demand for several healthcare products and services which are discussed intimately during this report. Moreover, the impact of this pandemic on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
 
Wireless Health Market Segment Overview

By Technology, The WPAN technology market segment accounts for the biggest share within the market in 2015. WPAN technologies are highly secure and affordable, making them one among the foremost widely adopted wireless health technologies.

By Components, the software segment accounts for the biggest share of the worldwide market in 2015. Increasing adoption of healthcare IT solutions and growing need for upgrading the prevailing software are the main driving factors for the expansion of this market.

By Industrial Vertical, Hospitals and Nursing Homes applications account for a serious share of the worldwide market in 2015 because of increasing adoption of wireless devices and rising need for quality care.

Market Analysis, Insights and Forecast – By Technology
·       WLAN/Wi-Fi
·       WPAN
·       WiMAX
·       WWAN
 
Market Analysis, Insights and Forecast – By Component
·       Hardware
·       Software
·       Services

Market Analysis, Insights and Forecast – By Industry Verticals
·       Hospitals and Nursing Homes
·       Home Care
·       Pharmaceuticals
·       Other Industrial Vertical

Wireless Health Market Regional Overview

Region-wise, in terms of regions, Healthcare in Europe is increasingly becoming digitized and there's a growing have to be compelled to develop and deploy sophisticated information systems. They’re already being deployed for non-intrusive patient monitoring and for keeping track of the vital metrics. This information is often relayed back to caregivers and doctors, so as to extend the efficiency of the medical treatment.

Wireless Health Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Wireless Health Market Competitor overview

Some key developments and strategies adopted by manufacturers in the Wireless Health are highlighted below.
 
·        In June 2019, Aerohive Networks, a pacesetter in cloud-managed networking, was announced because the second-largest vendor within the enterprise-class cloud-managed wireless LAN (WLAN) market.
 
Wireless Health Market, Key Players

·       Allscripts 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