Growth in the overall market can largely be attributed to factors such as increasing advancements in wireless communication technologies, growing internet penetration, increasing utilization of connected devices in the management of chronic diseases, rising adoption of a patient-centric approach by healthcare providers, robust penetration of 3G and 4G networks in healthcare services, and mainstreaming of cloud computing.
The report segments the market of wireless health based on technologies, components, applications, end users, and regions.
What This Report Will Provide:
Wireless health is expected to transform the existing traditional and paper-based healthcare systems, ensuring quality care along with patient safety. Wireless health solutions can help reduce healthcare costs, streamline workflows in healthcare systems, and facilitate compliance with regulatory guidelines.
The global market is segmented on the basis of technologies, components, applications, and end users. The global market is projected to reach USD 110.12 Billion by 2020 from USD 39.03 Billion in 2015, at a CAGR of 23.1% during the forecast period.
The market is expected to be dominated by North America, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). The Asia-Pacific region is expected to grow at the highest CAGR during the forecast period.
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Technology :
On the basis of technology, the market of wireless health is further segmented into WPAN, WLAN/WiFi, WiMAX, and WWAN. The WPAN technology market segment accounts for the largest share in the market in 2015. WPAN technologies are highly secure and affordable, making them one of the most widely adopted wireless health technologies. The WPAN technology segment is further segmented into Bluetooth, RFID, Ant+, ZIgbee, Z-wave, and UWB.
Component :
On the basis of components, the market is segmented into hardware, software, and services. The software segment accounts for the largest share of the global market in 2015. Increasing adoption of healthcare IT solutions and growing need for upgrading the existing software are the major driving factors for the growth of this market.
Geographical Growth:
The market is expected to witness the highest growth in the Asia-Pacific region in the coming years. Growth in the Asia-Pacific region can be attributed to factors such as increasing population, growing internet penetration, rising medical tourism, increasing government initiatives for eHealth, and growing demand for quality healthcare.
Global Leaders:
Allscripts Healthcare Solutions, Inc. (U.S.), AT &T, Inc. (U.S.), Cerner Corporation (U.S.), Omron Corporation (U.S.), Philips Healthcare (U.S.), Verizon Communications, Inc. (U.S.), Qualcomm, Inc. (U.S.), Aerohive Networks, Inc.(U.S.), Vocera Communications, Inc. (U.S.), and Alcatel-Lucent (U.S.) are some of the key players in the wireless health market worldwide.
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Wireless health solutions can help reduce healthcare costs, streamline workflows in healthcare systems, and facilitate compliance with regulatory guidelines.
Wireless health is expected to transform the existing traditional and paper-based healthcare systems, ensuring quality care along with patient safety.Key Factors Driving Market Growth:Growth in the overall market can largely be attributed to factors such as increasing advancements in wireless communication technologies, growing internet penetration, increasing utilization of connected devices in the management of chronic diseases, rising adoption of a patient-centric approach by healthcare providers, robust penetration of 3G and 4G networks in healthcare services, and mainstreaming of cloud computing.Revenue Growth Analysis:The global wireless health market is projected to reach USD 110.12 Billion by 2020 from USD 39.03 Billion in 2015, at a CAGR of 23.1% during the forecast period of 2015 to 2020.Don’t miss out on business opportunities in Wireless Health Market :The report segments the market of wireless health based on technologies, components, applications, end users, and regions.
The WPAN technology market segment accounts for the largest share of the global market in 2015.
The large share of WPAN technologies can be attributed to the fact that these technologies are user friendly, secure, and affordable.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=551The market is expected to be dominated by North America, followed by Europe, Asia-Pacific, and the Rest of the World (RoW).
The Asia-Pacific region is expected to grow at the highest CAGR during the forecast period.On the basis of components, the market is segmented into hardware, software, and services.
Increasing adoption of healthcare IT solutions and growing need for upgrading the existing software are the major driving factors for the growth of this market.On the basis of technology, the market of wireless health is further segmented into WPAN, WLAN/WiFi, WiMAX, and WWAN.
The report "Wireless Health Market by Technology (WPAN, WLAN/Wifi, WiMAX), by Component (Hardware, Software, & Services), by Application (Patient Specific and Provider/Payer Specific), & by End Users (Providers, & Payers) - Analysis & Global Forecast to 2020", This report studies the global wireless health market for the forecast period of 2015 to 2020.
This market is expected to reach USD 110.12 Billion by 2020 from USD 39.03 Billion in 2015, at a CAGR of 23.1%.The global wireless health market is projected to reach USD 110.12 Billion by 2020 from USD 39.03 Billion in 2015, at a CAGR of 23.1% during the forecast period of 2015 to 2020.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=551Wireless health market segmentation:• Basis of components• Basis of technology• Basis of applications• Basis of end users• Basis of regionBrowse 139 tables and 37 figures spread through 214 Pages and in-depth TOC on "Wireless Health Market by Technology (WPAN, WLAN/Wifi, WiMax), by Component (Hardware, Software, & Services), by Application (Patient Specific and Provider/Payer Specific), & by End Users (Providers, & Payers) - Analysis & Global Forecast to 2020"https://www.marketsandmarkets.com/Market-Reports/wireless-healthcare-market-551.htmlEarly buyers will receive 10% customization on reports.The global wireless health market is segmented on the basis of technologies, components, applications, end users, and regions.On the basis of components, the wireless health market is segmented into hardware, software, and services.
The software segment is expected to grow rapidly during the forecast period.
The increasing need of advancements in healthcare software and rising adoption of healthcare IT solutions are the major driving factors for growth of this market.Read More in Detailed (Wireless health market):https://www.marketsandmarkets.com/PressReleases/wireless-health.asp
Global Wireless Health Market is expected to reach USD 248.5 Billion by 2024 from USD 47.9 Billion in 2016 at CAGR of 22.85% (Detailed analysis of the market CAGR is provided in the report).
Wireless Health is a system, which streamlines workflows in the healthcare system and facilitates compliance with regulatory guidelines.
Software segment is expected to lead the market in the forecast period, owing to the increase in penetration of the Internet, a rise in usage of IT in healthcare and growing need for upgrading the existing software.
APAC is going to emerge as one of the higher growth regions in the forecast period followed by North America and Europe.
Key Highlights:Assessment of market definition along with the identification of key players and an analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints, and challenges for this market during the forecast periodComplete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunitiesIn-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chainGlobal Wireless Health Market analysis and comprehensive segmentation with respect to the component, technology, application, end user, and geography to assist in strategic business planningGlobal Wireless Health Market analysis and forecast for five major geographies North America, Europe, Asia Pacific, Middle East & Africa, Latin America, and their key regions Research MethodologyThe research methodology used in this report contains various secondary sources including Bloomberg, Hoovers, and Factiva are some of the sites that are being referred to gain insights about Global Wireless Health Market.
Top-down and bottom-up approaches have been used to estimate the global and regional size of this market.
