Wireless Health Market
Global Wireless Health Market Size, Share & Trends Analysis Report by Technology (WLAN/Wi-Fi, WPAN, WIMAX, and WWAN), by Component (Hardware and Software & Services), and by End-Users (Providers, Payers, and Patients/Individuals), Forecast (2021-2027) Update Available - Forecast 2024-2030
The global wireless health market is anticipated to grow at a significant CAGR of approx. 22.3% during the forecast period. Wireless health is an advanced technique that is mainly used for the treatment and monitoring of patients. The use of applications for chronic disease management, fitness tracking, supporting medication adherence, hamper hospital readmissions, symptom tracking, and managing mental & behavioural health are on the rise. Furthermore, the evolution of healthcare IT has been increased due to the interruption of the Internet of Things which helps the practitioners to access the file remotely and diagnose the patient in case of unavailability. As the heart disease rate is increasing rapidly the IoT system utilize algorithms for continuous ECG monitoring inpatient at the hospitals. In ECG monitoring, the system tracks the heart rate and identifies if there is an abnormal heart activity the data is transferred in real-time to mobile phones and the doctor's clinic via the network.
Impact of COVID-19 Pandemic on Global Wireless Health Market
COVID-19 has a significant effect on the global wireless health market. The wireless health market grows due to a decrease in the population of people going to the hospital for treatment. Hospitals-acquired contaminations are the reason for many deaths and wireless health was reducing these risks. Digital health and telehealth have taken the major market share in the pandemic. COVID-19 pandemic has depicted the importance of remote diagnosis, care, and consultation. Many healthcare providers were working on video conferencing and telephone calls. It greatly reduces the burden on hospitals already flooded with COVID-19 patients. Medical IoT devices that live at home with patients are now being utilized for optimizing outpatient treatment and minimizing repeat visits.
Segmental Outlook
The global wireless health market is segmented based on the technology, component, and end-users. Based on the technology, the market is segmented into WLAN/Wi-Fi, WPAN, WIMAX, and WWAN. Based on the component, the market is sub-segmented into the hardware and software & services. Based on the end-users, the market is sub-segmented into the providers, payers, and patients/individuals). Among this WPAN has shown growth in the global wireless market due to the advantages offered by WPAN. These technologies are user-friendly, secure, and affordable.
Global Wireless Health Market Share by technology, 2020 (%)
The Software and Services Segment Projected to Hold the Significant Share in the Global Wireless Health Market
The software and services segment anticipated to cater prominent share in the global wireless health market. The use of digital services such as various platforms for health management has promoted the development of various applications for managing diabetes, heart diseases, and asthma. For instance, in May 2021, Roche announced the launch of the mySugar Pump Control, a new module within the mySugr app. The mySugr Pump Control is designed to allow people with diabetes to control an insulin pump directly via a smartphone: import its data, view its status, and remotely deliver a standard bolus.
Regional Outlooks
The global Wireless Health market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The Asia Pacific region expected to grow at a considerable CAGR over the forecast period in the global wireless market, due to the growing internet penetration and demand for quality healthcare. According to Internet World Stats released in 2021, approximately 54.9% of the total population of the region are the internet users, which is very high compared to other regions.
Global Wireless Health Market Growth, by Region 2021-2027
The North America Region Holds the Prominent Share in the Global Wireless Health Market
North America holds the prominent share of the wireless health market across the globe. Due to the development in the research and development sector. The adoption of advanced technology along with the development of advanced products will increase the market in the US along with the increasing adoption of the wireless health monitoring system. Moreover, government initiatives including the Affordable Care Act and favorable reimbursement scenario also promotes the sales and adoption of innovative wireless health monitoring and diagnostic product.
Market Players Outlook
The major companies serving the global wireless health market include Accenture plc, ALE International SAS, Allscripts Healthcare, LLC, AT&T Intellectual Property, athenahealth, Inc., CompuGroup Medical SE & Co. KGaA, Cerner Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2020, Philips launched a pre-hospital wireless monitoring solution for emergency medical response in the U.S. The solution is a complete end-to-end system that merges novel hardware and advanced software to expand the pre-hospital scope of care for first responders.
The Report Covers
• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global wireless health market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Wireless Health Market
• Recovery Scenario of Global Wireless Health Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Wireless Health Market by Technology
4.1.1. WLAN/Wi-Fi
4.1.2. WPAN
4.1.3. WiMAX
4.1.4. WWAN
4.2. Global Wireless Health Market by Component
4.2.1. Hardware
4.2.2. Software & Services
4.3. .Global Wireless Health Market by End User
4.3.1. Providers
4.3.2. Payers
4.3.3. Patients/Individuals
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Accenture plc
6.2. ALE International SAS
6.3. Allscripts Healthcare Solutions, Inc.
6.4. AT&T Intellectual Property
6.5. athenahealth, Inc.
6.6. CompuGroup Medical
6.7. Cerner Corp.
6.8. Cisco Systems, Inc.
6.9. Epic Systems Corp. (Epic)
6.10. Evolent Health, Inc.
6.11. EXTREME NETWORKS
6.12. General Electric Co.
6.13. HTD Health
6.14. International Business Machines Corp.
6.15. Infinera Corp.
6.16. Intellectsoft LLC
6.17. Koninklijke Philips N.V.
6.18. Occucare International
6.19. Omron Corp. (OMRON)
6.20. Qualcomm Technologies, Inc.
6.21. Softeq Development Corp.
6.22. SoftClinic Software
6.23. Topcon Corp.
6.24. Verizon
6.25. Vocera Communications
1. GLOBAL WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
2. GLOBAL WLAN/Wi-Fi FOR WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL WPAN FOR WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL WiMAX FOR WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL WWAN FOR WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
7. GLOBAL HARDWARE IN WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL SOFTWARE AND SERVICES IN WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY END-USERS, 2020-2027 ($ MILLION)
10. GLOBAL PROVIDERS OF WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL PAYERS OF WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL PATIENTS/INDIVIDUALS OF WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
14. NORTH AMERICAN WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
15. NORTH AMERICAN WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
16. NORTH AMERICAN WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
17. NORTH AMERICAN WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY END-USERS, 2020-2027 ($ MILLION)
18. EUROPEAN WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
19. EUROPEAN WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
20. EUROPEAN WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
21. EUROPEAN WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY END-USERS, 2020-2027 ($ MILLION)
22. ASIA-PACIFIC WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
23. ASIA-PACIFIC WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
24. ASIA-PACIFIC WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY END-USERS, 2020-2027 ($ MILLION)
26. REST OF THE WORLD WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
27. REST OF THE WORLD WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
28. REST OF THE WORLD WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)
29. REST OF THE WORLD WIRELESS HEALTH MARKET RESEARCH AND ANALYSIS BY END-USERS, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL WIRELESS HEALTH MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL WIRELESS HEALTH MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL WIRELESS HEALTH MARKET, 2021-2027 (%)
4. GLOBAL WIRELESS HEALTH MARKET SHARE BY TECHNOLOGY, 2020 VS 2027 (%)
5. GLOBAL WLAN/Wi-Fi FOR WIRELESS HEALTH MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL WPAN FOR WIRELESS HEALTH MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL WiMAX FOR WIRELESS HEALTH MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL WWAN FOR WIRELESS HEALTH MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL WIRELESS HEALTH MARKET SHARE BY COMPONENT, 2020 VS 2027 (%)
10. GLOBAL HARDWARE IN WIRELESS HEALTH MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL SOFTWARE AND SERVICES IN WIRELESS HEALTH MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL WIRELESS HEALTH MARKET SHARE BY COMPONENT, 2020 VS 2027 (%)
13. GLOBAL PROVIDERS OF WIRELESS HEALTH MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL PAYERS OF WIRELESS HEALTH MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL PATIENTS/INDIVIDUALS OF WIRELESS HEALTH MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL WIRELESS HEALTH MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
17. US WIRELESS HEALTH MARKET SIZE, 2020-2027 ($ MILLION)
18. CANADA WIRELESS HEALTH MARKET SIZE, 2020-2027 ($ MILLION)
19. UK WIRELESS HEALTH MARKET SIZE, 2020-2027 ($ MILLION)
20. FRANCE WIRELESS HEALTH MARKET SIZE, 2020-2027 ($ MILLION)
21. GERMANY WIRELESS HEALTH MARKET SIZE, 2020-2027 ($ MILLION)
22. ITALY WIRELESS HEALTH MARKET SIZE, 2020-2027 ($ MILLION)
23. SPAIN WIRELESS HEALTH MARKET SIZE, 2020-2027 ($ MILLION)
24. REST OF EUROPE WIRELESS HEALTH MARKET SIZE, 2020-2027 ($ MILLION)
25. INDIA WIRELESS HEALTH MARKET SIZE, 2020-2027 ($ MILLION)
26. CHINA WIRELESS HEALTH MARKET SIZE, 2020-2027 ($ MILLION)
27. JAPAN WIRELESS HEALTH MARKET SIZE, 2020-2027 ($ MILLION)
28. SOUTH KOREA WIRELESS HEALTH MARKET SIZE, 2020-2027 ($ MILLION)
29. REST OF ASIA-PACIFIC WIRELESS HEALTH MARKET SIZE, 2020-2027 ($ MILLION)
30. REST OF THE WORLD WIRELESS HEALTH MARKET SIZE, 2020-2027 ($ MILLION)
